Bretton Woods

Raghuram Rajan for new global pact to deal with monetary policy issues

RBI Governor Raghuram Rajan Monday said the world is facing "increasingly dangerous situation" and a new international agreement on the lines of Bretton Woods is needed to prevent central banks from adopting policies that could hurt other economies.

Mar 21, 2016, 18:35 PM IST

Narendra Modi leaves for Brazil tomorrow

Prime Minister Narendra Modi leaves here tomorrow for Brazil for attending the five-nation summit of BRICS nations on July 14 and 15 which is expected to finalise the setting up of a development bank and seek reforms of the United Nations and international financial organisations.

Jul 12, 2014, 14:54 PM IST