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  IMF says optimistic about India's growth prospects

  November 15, 2015 20:51 IST

  New Delhi: Confident that Indian economy is increasingly on a stable footing, IMF today said further progress is required on the long-standing supply bottlenecks and for achieving faster and more inclusive growth.We are optimistic about

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  Broadly support Modi government's economic reforms: IMF

  November 13, 2015 13:35 IST

  Washington: The International Monetary Fund has said it broadly supports the series of economic reforms undertaken by India, which is moving in the right direction."We have been broadly supportive of the reforms being undertaken by

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  Pakistan to face economic crisis as IMF fund dries up next year

  World | November 02, 2015 11:26 IST

  New Delhi:  The external sector of the Pakistan's economy could come under extreme pressure after the inflow of money from the International Monetary Fund (IMF) stop next year.The foreign exchanges coming from the IMF are

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  India needs more action to support fiscal stability: IMF

  October 30, 2015 23:53 IST

  Washington: India needs to take further policy action to support external and fiscal stability in coming years and should focus on revenue-side measures and adopt additional structural reforms to sustain its strong growth, the IMF

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  World economy to pick up in 2016: UAE

  World | October 26, 2015 11:58 IST

  Dubai: The global economy is expected to improve by 2016 as Asian countries are growing faster, the United Arab Emirates' (UAE) minister of economy said."The world economy is definitely going to pick up. For 2016, or

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  Saudi Arabia may go bankrupt in five years, says IMF

  World | October 24, 2015 17:01 IST

  Saudi Arabia has not had any financial worries for a long time because of its massive oil reserves. But the free fall in the price of oil has made the Saudis vulnerable to an economic

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  Raghuram Rajan slams IMF for 'applauding' easy money policies

  October 19, 2015 17:00 IST

  Mumbai: Reserve Bank Governor Raghuram Rajan today slammed International Monetary Fund for staying on the sidelines and applauding accommodative policies of developed nations which have created ripples in the emerging markets.He said central banks across

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  India's Forex reserves rise to $353 billion: RBI

  October 17, 2015 18:57 IST

  Mumbai: A strengthening rupee, buoyant equity markets coupled with a fall in dollar value boosted India's foreign exchange (Forex) kitty by $2.26 billion, experts said on Saturday.Overall, the Forex reserves stood at $353.06 billion for

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  Arun Jaitley calls for reforms in World Bank at global meet

  October 11, 2015 20:49 IST

  Lima (Peru): Finance Minister Arun Jaitley has made a strong case for raising shareholding of developing nations including India in the World Bank Group to reflect their share in the global economy and demanded a

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  Overtaking China, India set to grow 7.5 percent in 2016: IMF

  October 10, 2015 12:25 IST

  Washington: Overtaking China, India is expected to grow at 7.3 percent in 2015, rising to 7.5 percent in 2016, the International Monetary Fund forecast Friday lowering its April projections by 0.2 percentage points for 2015.At

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  Chinese slowdown would hit Asia-Pacific region hard: IMF

  October 10, 2015 7:30 IST

  Lima: The IMF ha warned that a sharp economic slowdown in China would hit not only the world's second largest economy but the rest of Asia-Pacific region hard. "Given the sheer size of the Chinese economy,

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  India to grow at 7.5 pc, faster than China: IMF

  October 07, 2015 6:52 IST

  Washington: Indian economy is expected to grow faster than other major emerging economies, the IMF said today, projecting a growth rate of 7.5 per cent for India in 2016 as against China's 6.3 per cent."Growth

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  BRICS foreign ministers endorse UN Security Council, IMF reforms

  World | September 30, 2015 12:44 IST

  New York: The foreign ministers of BRICS countries endorsed United Nations Security Council reforms saying it was necessary to make it "more representative and efficient" putting China and Russia publicly on the side for reorganisation.China

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  Gender parity in workforce can boost India's GDP by 27%: IMF

  September 07, 2015 6:31 IST

  Ankara: India's GDP can expand by a whopping 27 per cent if the number of female workers increases to the same level as that of men, International Monetary Fund's (IMF) chief Christine Lagarde said on

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  India among few bright spots in global economy, says IMF

  September 05, 2015 7:27 IST

  Ankara: The IMF has said India is among the few bright spots in the global economy as G20 Finance Ministers began their two-day meeting here against the backdrop of concerns over Chinese economic slowdown looming

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  Greece bailout talks to start on Monday

  World | July 26, 2015 17:09 IST

  Athens: Talks between the Greek government and international creditors on a third bailout package for Greece are expected to begin on Monday, a state minister said.Meetings with officials from the European Commission, European Central Bank

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  India to outpace China in growth this year: IMF

  July 10, 2015 18:39 IST

  Washington: India is set to decisively outpace China in economic growth this year, and emerge not just as the fastest-expanding economy but also as just a handful of countries to show some acceleration, as per

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  IMF to not bend rules over Greece debt issue

  July 09, 2015 9:14 IST

  Washington: The International Monetary Fund (IMF) Managing Director Christine Lagarde said that the fund will not bend rules on debts owed by Greece but would remain fully engaged in order to help find solution. "Whenever the

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  Ready to help Greece if asked to do so: IMF

  World | July 07, 2015 7:23 IST

  Washington: The International Monetary Fund (IMF) on Monday said it stands ready to assist Greece if required to do so.IMF managing director Christine Lagarde made the statement following Greece's referendum that rejected a proposal from

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  Greece set to vote in bailout referendum today

  World | July 05, 2015 8:51 IST

  Athens: Greece is set to vote in a referendum on Sunday to decide whether to accept the debt draft deal with international creditors to restart financial aid to the country, or to reject the lenders'