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
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
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
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,
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
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
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
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
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
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
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
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
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'
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
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
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
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
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
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
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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