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  Greece in billions of financing gap over next 3 years: IMF

  July 03, 2015 6:31 IST

  Washington: Financing needs for Greece could add up to over $55.42 billion (50 billion euros) over the period from October 2015 to end 2018 in order to keep the country afloat, the International Monetary Fund

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  Greece becomes first developed country to default on IMF

  July 01, 2015 14:17 IST

  Washington: Greece slipped deeper into its financial abyss after the bailout programme it has relied on for five years expired at midnight on Tuesday and the country failed to repay a loan to the International

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  Greece to miss IMF debt payment and bailout to expire

  World | June 30, 2015 20:28 IST

  Athens, Greece: Greece is set to become the first developed nation to not pay its debts to the International Monetary Fund on time, as the country sinks deeper into a financial emergency that has forced

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  Greece crisis: EU offers last minute deal to Greece as loan repayment deadline ends today

  June 30, 2015 17:29 IST

  Athens: European Union has offered Greece a last-minute deal to ease the debt crisis that is threatening the country out of the euro and weaken the foundations of the European Union's single currency.According to a

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  IMF to lend $506 million to Pakistan

  World | June 28, 2015 12:47 IST

  Islamabad:  As part of a three-year loan programme, the International Monetary Fund (IMF) has given nod to release around $506 million for Pakistan, the state media reported.In a statement issued in Washington, the IMF said

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  Former IMF chief Strauss-Kahn acquitted in pimping trial

  World | June 12, 2015 18:27 IST

  Lille, France: Former International Monetary Fund chief Dominique Strauss-Kahn was cleared of pimping charges on Friday in France, putting an end to four years of legal drama that began with a sexual assault charge in

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  IMF welcomes passing of GST by Lok Sabha

  India | May 07, 2015 19:17 IST

  Singapore:  International Monetary Fund (IMF) today welcomed passage of the long-pending Goods and Services Tax (GST) by the Lok Sabha, saying it will lead to long-term sustainable growth in the country.“We welcome the introduction of

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  India becoming one of world's fastest growing economies: IMF

  May 07, 2015 11:09 IST

  Washington: India's growth rate is expected to rise to 7.5 percent this year and next, making it one of the fastest growing economies in the world, according to the IMF's latest economic health check.The other

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  IMF chief says India 'growth bright spot'

  April 10, 2015 7:50 IST

  Washington: Ahead of the next week's IMF-World Bank Spring Meetings, IMF chief Christine Lagarde yesterday described India as "growth bright spot" and said New Delhi should focus on labour and product market reforms. "Forecasts for most

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  India to grow at 7.8% in 2015-16; surpass China: ADB

  March 24, 2015 11:32 IST

  New Delhi: The Asian Development Bank (ADB) today projected India's growth rate to surpass China and improve to 7.8 per cent in next fiscal and further to 8.2 per cent in 2016-17.India's growth and investor

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  Ignoring Raghuram Rajan's 2005 Prediction Was a Big Mistake: IMF Chief

  March 17, 2015 23:29 IST

  Mumbai: Showering fulsome praise on Reserve Bank of India Governor Raghuram Rajan, International Monetary Fund chief Christine Lagarde on Tuesday said not listening to his prediction of 2008 credit crisis was a big mistake of

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  IMF paper: India should narrow gender gap in work force

  India | March 17, 2015 10:29 IST

  New Delhi: India needs to narrow the gender gap and have more women in labour market to fully harness the benefits of demographic dividend, said an International Monetary Fund (IMF) Working Paper.“A number of policy

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  India bright spot in global economy,will clock 7.2% growth: IMF chief

  March 16, 2015 15:45 IST

  New Delhi: Terming India a bright spot in the “cloudy” global economy, IMF Managing Director Christine Lagarde today said the country will clock 7.2 per cent growth in the current fiscal and its GDP will

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  India has potential to become world's most dynamic economy: IMF chief

  March 16, 2015 11:24 IST

  New Delhi: International Monetary Fund (IMF) chief Christine Lagarde has said that India has an opportunity to emerge as one of the world's most dynamic economies.She, however, added that it needs to implement the planned

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  IMF Chief Christine Lagarde to visit India next week

  March 12, 2015 9:40 IST

  Washington: Christine Lagarde, the Managing Director of the International Monetary Fund will visit India next week, during which she is likely to meet the country's top leadership including Prime Minister Narendra Modi."She will be in

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  Indian banks late in passing on lending rate cuts: IMF

  March 12, 2015 8:10 IST

  Washington/New Delhi: With banks resisting passing on RBI's interest rate cuts to consumers, the IMF has said lenders in India are rather quicker in responding to the central bank's monetary tightening measures.Besides, the deposit rates

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  IMF raises India growth forecast to 7.2% for current fiscal

  March 11, 2015 22:42 IST

  Washington: Terming Indian economy a "bright spot" on the global economic landscape, IMF on Wednesday raised its growth forecast for the current fiscal to 7.2%, even as it called for steps to revitalise the investment

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  Obama re-nominates Indian-American to key administration post

  World | March 05, 2015 8:32 IST

  Washington: US President Barack Obama has re-nominated Sunil Sabharwal, an independent Indian-American investor, to a key administration post as Alternate Executive Director at the IMF.First nominated in April 2014 to the position of Alternate Executive

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  IMF beefs up support for Ebola-hit Liberia

  World | February 24, 2015 10:11 IST

  Washington: The International Monetary Fund (IMF) Monday approved a $82.1-million financing package for the Ebola-hit Liberia in view of its pronounced fiscal and external financing needs, Xinhua news agency reported.The plan covers a disbursement of

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  5 plaintiffs drop pimping accusations against Dominique Strauss-Kahn

  World | February 17, 2015 0:01 IST

  Lille, France:  A high-profile pimping case against Dominique Strauss-Kahn nearly unraveled Monday, as five of six plaintiffs in a French prostitution trial dropped their accusations against him, saying there's no proof that the former International