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  IMF cuts global growth forecast for 2015

  January 20, 2015 13:33 IST

  New Delhi: The International Monetary Fund has lowered its forecast for global economic growth in 2015, with diminished expectations almost everywhere except the U.S., citing persistent weakness in the eurozone and a broad slowdown in

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  India's growth rate to surpass China's in 2016: IMF

  January 20, 2015 11:55 IST

  Washington:  India is expected to grow at 6.3 per cent this year and 6.5 per cent in 2016 by when it is likely to cross China's projected growth rate, the IMF said today while terming

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  IMF applauds India for cutting fuel subsidy

  January 18, 2015 14:42 IST

  Washington: The International Monetary Fund (IMF) had lauded India's efforts to cut fuel subsidies, saying the fall in global crude oil prices provides a golden opportunity to reduce energy subsidies.While speaking about the outlook for

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  IMF lauds WTO decisions on TFA, food security

  November 29, 2014 14:42 IST

  Washington: The IMF has said that the WTO decisions on the trade facilitation agreement and public stock holding for food security purposes would provide an opportunity for advancing multilateral trade negotiations in other areas which

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  India set to become $2 trillion economy in 2014: IMF

  October 19, 2014 16:36 IST

  New Delhi: India is poised to become a $2 trillion economy this year, while its GDP size would cross another milestone of $three trillion after five years in 2019, according to IMF's latest world economic

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  IMF chief promises 'belly-dance' if US endorses reforms

  World | October 10, 2014 11:54 IST

  Washington: Frustrated with the US Congress's refusal to vote through crucial reforms at the International Monetary Fund, IMF chief Christine Lagarde has promised a show if they do -- a belly dance.The reforms, which aim

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  India recovered from its relative slump: IMF

  October 08, 2014 9:20 IST

  Washington: India has recovered from its relative slump and its growth is expected to exceed five per cent again, a top IMF official said even as the global lender forecast the world growth to be

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  RBI should raise interest rates to contain inflation: IMF paper

  October 07, 2014 7:35 IST

  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

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  IMF chief says global economy at inflection point

  October 03, 2014 7:29 IST

  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

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  4 Indian-origin experts among IMF's 25 gen-next economists

  August 31, 2014 7:38 IST

  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

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  BRICS bank not against IMF: Brazilian president

  World | July 17, 2014 9:21 IST

  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

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  Narendra Modi calls for urgent reform of UN security council, IMF

  World | July 16, 2014 7:11 IST

  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

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  G-20 pushes US to ratify IMF reforms by year end

  April 12, 2014 19:03 IST

  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

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  Forex reserves up $4.4 billion at $295.7 billion as of December 6: RBI

  December 14, 2013 22:10 IST

  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

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  Sebi tightens corp disclosure norms; asks bourses to up vigil

  November 18, 2013 20:07 IST

  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

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  India, emerging economies may not return to 8 pc growth: IMF

  October 09, 2013 15:30 IST

  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

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  IMF cuts India growth estimate to 3.75% in 2013 on weak demand

  October 09, 2013 10:03 IST

  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

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  US debt crisis can cause global financial turmoil: IMF

  October 08, 2013 23:48 IST

  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

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  Chidambaram to meet US Treasury secretary, FIIs next month

  September 15, 2013 11:38 IST

  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

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  Large deficits impacted market confidence about India, says IMF

  World | August 30, 2013 18:22 IST

  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,