New Delhi: The Reserve Bank India (RBI) may consider raising interest rates to bring down the persistently high inflation on a durable basis, suggested IMF working paper."Given elevated and persistent inflation... the RBI may also
Washington: International Monetary Fund (IMF) chief Christine Lagarde said Thursday that the global economy was at an inflection point with weaker than expected recovery momentum, as he called for bolder policies and multilateral efforts to
Washington: Four Indian-origin economists from the US feature among the International Monetary Fund (IMF)'s list of 25 top global financial experts under the age of 45 who will have a major influence on the understanding
Brasilia: Brazilian President Dilma Rousseff said on Wednesday that the development bank to be set up by the emerging-market bloc of BRICS is not against the International Monetary Fund (IMF)."We don't have the slightest interest
Fortaleza/ New Delhi: Indian Prime Minister Narendra Modi Tuesday called for "urgent reform" of institutions such as the UN Security Council and International Monetary Fund while stressing the international community should have zero tolerance towards
Washington: Expressing disappointment at the continued delay over International Monetary Fund's quota and governance reforms that would give emerging economies, including India, a greater voice, the G-20 has given the US a year end deadline
Mumbai: Growing for a fifth consecutive week, India's forex reserves added $4.41 billion to $295.71 billion in the week ended December 6 on account of a rise in foreign currency assets, the Reserve Bank of
Mumbai: Concerned over large-scale discrepancies in mandatory disclosures by listed firms, Sebi Monday tightened its regulations in this regard and asked bourses to put in place a stronger mechanism with additional manpower to monitor adequacy
Washington: Emerging economies including India may not be able to return to growth rates of 8 per cent and more under present circumstances and neither would it be advisable for them, an IMF official said.“The
New Delhi: The International Monetary Fund (IMF) has lowered its projection of India's growth rate to 3.75 per cent in 2013 from 5.7 per cent estimated earlier on account of poor demand and weak manufacturing
WASHINGTON: The IMF today warned that an imminent debt default by the US due to the government shutdown would result in disruptions in financial markets and could possibly trigger global economic turmoil.“Failure to lift the
New Delhi: Faced with a high current account deficit and declining forex reserves, Finance Minister P Chidambaram in his forthcoming US visit will meet FIIs in San Fransisco to woo investments. The Minister will be in
Washington: India's large fiscal and current account deficits have impacted market confidence, the IMF has said emphasising that the rupee decline posed both challenges and opportunities for the country.“The current situation presents a challenge, obviously,
Islamabad, Jul 2: Cash-strapped Pakistan today movedcloser to securing a massive USD 11 billion economic bailout package from international donor agencies including the IMF, to revive the ailing national economy, media reports said.After lengthy discussions
Davos, Jan 27: In order to keep up the recovery momentum in the world economy, International Monetary Fund chief Christine Lagarde today asked countries and their leaders to follow the 'do not relax' principle and
Washington, Oct 9: The International Monetary Fund (IMF) has revised India's growth forecast down to 4.9 per cent in 2012, rising to 6 per cent next year, as it presented a gloomier picture of the
Washington, Sep 25: The global economy is still fraught with uncertainty and still far from where it needs to be, Christine Lagarde, managing director of the International Monetary Fund (IMF), said."We continue to project a
New Delhi, Mar 20: IMF chief Christine Lagarde today cautioned that supply disruptions from Iran could push global crude prices by up to 30 per cent, at a time when the price is hovering at
Washington, Nov 17 : Amidst deepening European economic crisis, the head of the International Monetary Fund (IMF) in Europe has resigned citing personal reasons, the Washington-headquartered world body said.“Antonio Borges, Director of the International Monetary
Washington, Sept 20: International Monetary Fund (IMF) expects India's economic growth rate to moderate to 7.5-7.75 per cent this fiscal, from 8.5 per cent in 2010-11, on account slowing investments and sluggish global recovery.“In India,
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