Doubts over Greece add to euro's ECB-driven frailty
The euro slid to a two-week low and a rally in European shares stalled on Wednesday after a Greek official said the country may not make an upcoming repayment to the International Monetary Fund.
May 20, 2015, 17:14 PM IST
Global energy subsidies to hit $5.3 tn this year: IMF
The International Monetary Fund voiced alarm Monday about energy subsidies across the world, saying they were expected to reach $5.3 trillion in 2015, more than government health spending.
May 19, 2015, 00:00 AM IST
Greece in final stretch of troubled loan talks
Greece on Monday entered the final stretch of tortuous talks with its international creditors on a bankruptcy-saving loan deal, with the government calling for a breakthrough by the end of the month.
May 18, 2015, 21:50 PM IST
Greece wants loan deal by end of May: Government
Greece wants to reach a loan deal with its EU-IMF creditors by the end of May to resolve an acute cash shortage, the government said on Monday.
May 18, 2015, 17:04 PM IST
Greece warned of cash shortage ahead of deadline: Report
Prime Minister Alexis Tsipras had warned foreign officials that Athens would not be able to pay the 750 million euros ($845 million) due this month to the International Monetary Fund, Greek newspapers said Sunday.
May 17, 2015, 15:29 PM IST
IMF chief economist Blanchard leaves to join US think tank
International Monetary Fund chief economist Olivier Blanchard is retiring from the Fund and joining the Peterson Institute for International Economics as a senior fellow, the IMF said Thursday.
May 14, 2015, 22:53 PM IST
Greece taps IMF reserves to pay IMF debt: Sources
Greece emptied an IMF holding account to repay 750 million euros ($840 million) due to the fund, a Greek central bank official said, avoiding default but underscoring the dire state of the country`s finances.
May 13, 2015, 00:50 AM IST
India gets IMF help on 'back-casting' of new GDP data
India has got help from the International Monetary Fund (IMF) on 'back-casting' of the new GDP series to provide comparable figures for earlier years in the wake of changes in the GDP computation methodology.
May 12, 2015, 18:16 PM IST
Greece raids emergency account to repay debt
Greece admitted Tuesday it was scrapping the bottom of the barrel for cash as another huge debt repayment loomed, adding pressure to reach a rescue deal with its EU-IMF creditors to avoid default and crashing out of the eurozone.
May 12, 2015, 17:58 PM IST
IMF welcomes passing of GST by Lok Sabha
International Monetary Fund (IMF) on Thursday 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.
May 07, 2015, 18:38 PM IST
IMF team headed for India to get a fix on new GDP method
The International Monetary Fund (IMF) will soon send a team to India to get a grasp of the implementation of the government's new GDP methodology, which has been questioned in certain quarters, including RBI.
May 07, 2015, 13:12 PM IST
Two billion people do not have bank accounts: IMF chief
Nearly two billion people globally do not have bank accounts including those in the US, IMF chief Christine Lagarde said Wednesday, ruing that financial systems around the world despite being sizable exclude many individuals from financial services.
May 06, 2015, 22:57 PM IST
Emerging nations can learn from pitfalls of advanced economies: IMF
Observing that emerging economies can learn a lot from the pitfalls of advanced economies, IMF chief Wednesday said analysis on emerging markets shows that regulatory reforms can actually increase the benefits from financial development, while reducing the risks.
May 06, 2015, 22:54 PM IST
IMF`s Lagarde: Bankers` pay needs reform
International Monetary Fund Managing Director Christine Lagarde called Wednesday for more reform to bankers` compensation, saying they are still encouraged by their pay packages to take too much risk.
May 06, 2015, 21:59 PM IST
EU, IMF hit back at Greece in bailout row
The EU, ECB and IMF hit back on Wednesday at accusations by Athens that internal rifts were blocking a bailout deal, saying they shared the same objective of securing a hard-won settlement.
May 06, 2015, 21:58 PM IST
Greece makes IMF payment but hopes of quick deal dashed
Greece made a small interest payment to the International Monetary Fund on Wednesday but European lenders dashed hopes for a cash-for-reforms deal before a more crucial, bigger instalment Athens must pay next week.
May 06, 2015, 19:26 PM IST
Pakistan to clock 4.3% growth this year: IMF
The IMF Tuesday projected a 4.3 percent growth rate for Pakistan this year and a higher 4.7 percent in 2016, noting that the cash-strapped country would benefit from a global fall in crude oil prices.
May 05, 2015, 21:18 PM IST
Differences between EU, IMF blocking compromises in Greek debt talks: Athens
With time quickly running out to unlock bailout funds needed to repay its debts, the Greek government said Tuesday that differences between the EU and IMF were blocking an agreement.
May 05, 2015, 21:14 PM IST
IMF says ready to help quake-struck Nepal
The International Monetary Fund said Thursday it was ready to extend aid to Nepal to help it begin rebuilding after a devastating earthquake that left nearly 6,000 dead.
Apr 30, 2015, 22:42 PM IST
Greece resumes debt talks with creditors
Greece on Thursday resumed talks with its international creditors on critically-needed bailout funds as officials warned that time was running out for a deal.
Apr 30, 2015, 22:28 PM IST
