Washington: 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
Washington: 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
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
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
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
United 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
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
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
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
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
New 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
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
Athens, 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
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
Mumbai: 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
Islamabad: 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
Washington, 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
Paris, 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
New York: The hotel maid accusing Dominique Strauss-Kahn of sexually assaulting her in a Manhattan hotel room shattered her silence on Sunday, saying in a published report that the former International Monetary Fund leader grabbed
Paris, June28: French Finance Minister Christine Lagarde is poised to become the next leader of the International Monetary Fund, having received a major endorsement on Tuesday from the Obama administration.However, Paris prosecutors have opened an
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