India is a bright light economy, but key structural reforms needed for USD 10 trillion GDP: IMF chief economist

Washington, October 13

India has emerged as “a bright light” at a time when the world is facing imminent prospects of a recession, the chief economist of the International Monetary Fund (IMF) said on Wednesday, noting that the country, however, needed key structural reforms in order to achieve the ambitious target of being a USD 10 trillion economy.

Pierre-Olivier Gourinchas, chief economist of the IMF, said: “Well, India is, I want to say, sort of bright light. The Indian economy has been doing reasonably well.”

Related News

‘Ministry of Finance pushed for LIC investments in Adani Group’

October 25, 2025

Read full news

Apple CEO Tim Cook daily salary revealed: His one-day earnings will shock you

October 23, 2025

Read full news

India–US Tariff Dispute Nears Resolution: Report Claims 50% Tariff May Drop to Just 15% by Early November

October 22, 2025

Read full news

Philippines Emerges as a New Favorite for Indian Tourists: 14-Day Visa-Free Entry, Affordable Travel & Stay

October 17, 2025

Read full news

Trump Claims India Will Stop Buying Russian Oil After Modi’s Assurance

October 16, 2025

Read full news

Mainland China returns in an all-new avatar – Asia Kitchen by Mainland China at Elante Mall, Chandigarh

October 8, 2025

Read full news