International Monetary Fund
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Need to generate green technologies on war footing, says Jaitley
National | Apr 19, 2015, 10:49 PM ISTWashington: Asserting that India is prepared to play its part in combating the danger posed by climate change, Finance Minister Arun Jaitley has said the global community needs to develop greener technologies "on a war
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India disappointed over non-implementation of IMF reforms: Jaitley
Apr 19, 2015, 01:49 PM ISTWashington: India has expressed deep disappointment over the non-implementation of IMF quota and governance reforms that would give it a greater say in the global crisis lender, matching the country's growing economic might."We are greatly
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India has potential to grow at 10 per cent: Jaitley
Apr 16, 2015, 05:40 PM ISTWashington: India has the potential to make nine to 10 per cent growth rate a “new normal”, Finance Minister Arun Jaitley said today while asserting that high growth was essential to meet the challenges posed
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India to clock 7.5 pc growth in 2015-16, overtake China: IMF
Apr 14, 2015, 09:04 PM ISTWashington: India will overtake China as the fastest growing emerging economy in 2015-16 by clocking a growth rate of 7.5 per cent on the back of recent policy initiatives, pick-up in investments and lower oil
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Ignoring Raghuram Rajan's 2005 Prediction Was a Big Mistake: IMF Chief
Mar 17, 2015, 11:29 PM ISTMumbai: 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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5 plaintiffs drop pimping accusations against Dominique Strauss-Kahn
World | Feb 17, 2015, 12:01 AM ISTLille, 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
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India's growth rate to surpass China's in 2016: IMF
Jan 20, 2015, 11:55 AM ISTWashington: 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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Ebola countries to get USD 450 million in financing
World | Nov 06, 2014, 10:53 AM ISTUnited Nation: A new private sector initiative announced Wednesday will provide at least $450 million in commercial financing to the three West African countries hardest hit by Ebola to promote trade, investment and employment.The International
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IMF chief promises 'belly-dance' if US endorses reforms
World | Oct 10, 2014, 11:54 AM ISTWashington: 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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IMF chief says global economy at inflection point
Oct 03, 2014, 07:29 AM ISTWashington: 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
Aug 31, 2014, 07:38 AM ISTWashington: 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 | Jul 17, 2014, 09:21 AM ISTBrasilia: 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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Support to terror from beyond borders threat to Afghan peace
National | Jan 20, 2014, 09:37 PM ISTNew Delhi: India today said “continued support” to terrorism from beyond the borders of Afghanistan was a big threat to peace and security of the war-torn country.External Affairs Minister Salman Khurshid condemned last week's attack
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Forex reserves up $4.4 billion at $295.7 billion as of December 6: RBI
Dec 14, 2013, 10:10 PM ISTMumbai: 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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General strike shuts down services across Greece
Nov 06, 2013, 04:44 PM ISTAthens, Greece: Services across Greece shut down Wednesday as unions held a 24-hour general strike to protest further austerity cuts in the cash-strapped country. The strike disrupted public transport, halted ferry and train services, shut
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US debt crisis can cause global financial turmoil: IMF
Oct 08, 2013, 11:48 PM ISTWASHINGTON: 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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India's forex reserves jump by $2 bn
Sep 28, 2013, 05:21 PM ISTMumbai: India's foreign exchange (forex) reserves jumped by $2.03 billion to $277.38 billion for the week ended Sep 20, the biggest weekly gain in nearly two years, on the back of concessional swap facilities offered
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Pakistan to get $2 billion bailout from IMF
World | Sep 04, 2013, 06:36 AM ISTIslamabad: The Pakistani government is likely to receive over $2 billion from the International Monetary Fund (IMF) this week under its new three-year bailout programme, media reported Tuesday.The IMF's executive board meeting is scheduled to
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European Chief Of IMF Resigns
World | Nov 17, 2011, 07:45 AM ISTWashington, 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
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Strauss-Kahn Acknowledges Moral Failings
World | Sep 19, 2011, 08:19 AM ISTParis, Sep 18 : Dominique Strauss-Kahn, the former head of the International Monetary Fund, acknowledged today his sexual encounter with a New York hotel maid was a “moral failing” on his part, but didn't involve