Washington: The International Monetary Fund has said it broadly supports the series of economic reforms undertaken by India, which is moving in the right direction."We have been broadly supportive of the reforms being undertaken by
New Delhi: The external sector of the Pakistan's economy could come under extreme pressure after the inflow of money from the International Monetary Fund (IMF) stop next year.The foreign exchanges coming from the IMF are
Washington: India needs to take further policy action to support external and fiscal stability in coming years and should focus on revenue-side measures and adopt additional structural reforms to sustain its strong growth, the IMF
Dubai: The global economy is expected to improve by 2016 as Asian countries are growing faster, the United Arab Emirates' (UAE) minister of economy said."The world economy is definitely going to pick up. For 2016, or
Saudi Arabia has not had any financial worries for a long time because of its massive oil reserves. But the free fall in the price of oil has made the Saudis vulnerable to an economic
Mumbai: Reserve Bank Governor Raghuram Rajan today slammed International Monetary Fund for staying on the sidelines and applauding accommodative policies of developed nations which have created ripples in the emerging markets.He said central banks across
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
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