Chinese Yuan exchange rate in line with fundamentals: IMF
The IMF expected that China`s current account surplus will continue to be narrowed if the country continues to implement reforms.
Jul 29, 2017, 16:21 PM IST
IMF could be based in Beijing in a decade, says chief
The International Monetary Fund (IMF) could be based in Beijing in ten years if the Chinese economy continues its growth momentum, IMF Managing Director Christine Lagarde has said.
Jul 25, 2017, 13:53 PM IST
IMF keeps India's growth forecast at 7.2% for 2017-18
According to IMF's World Economic Outlook Update, India's growth is projected to accelerate to 7.7 percent in 2018-19, from 7.2 percent forecast for 2017-18.
Jul 24, 2017, 15:26 PM IST
IMF keeps global growth forecasts; China, eurozone revised higher
In its updated World Economic Outlook, the IMF said global gross domestic product would be 3.5 percent in 2017 and 3.6 percent in 2018.
Jul 24, 2017, 11:09 AM IST
Angela Merkel overshadows party ahead of September election
Challenger Martin Schulz of the centre-left Social Democratic Party (SPD) is leading his campaign with "more social justice", promising reforms to tax, unemployment benefits and childcare after having just succeeded with a push to legalise same-sex marriage.
Jul 03, 2017, 11:19 AM IST
IMF to participate for 'last time' in Greek bailout: Schaeuble
The German finance chief has been inflexible on the issue of Greek debt relief, in opposition to the IMF which says it needs to be done to breathe new life into Greece's floundering economy.
Jul 01, 2017, 19:56 PM IST
IMF cuts U.S. growth forecasts, cites Trump fiscal plan uncertainty
The assumed stimulus from expected tax cuts and new federal spending spurred the IMF earlier this year to bump up its U.S. growth forecasts to 2.3 percent in 2017 and 2.5 percent in 2018.
Jun 27, 2017, 21:16 PM IST
Mongolians pick president after scandal-plagued campaign
From its sprawling steppes to its capital and even in yurts serving as polling stations, people began to vote in the landlocked country sandwiched between Russia and China that was once viewed as an oasis of democracy full of economic promise.
Jun 26, 2017, 12:12 PM IST
Presidential polls begin in Mongolia
The polls mainly involve candidates from three leading parties, who have offered different measures to ease the government's mounting debt pressure if elected to office, Xinhua news agency reported.
Jun 26, 2017, 09:09 AM IST
Forex kitty at record high of $381.955 billion
Expressed in US dollar terms, Foreign Country Asset's include the effects of appreciation/depreciation of non-US currencies, such as the euro, pound and the yen, held in the reserves.
Jun 23, 2017, 18:44 PM IST
India's forex kitty at record high of $381.955 billion
Expressed in US dollar terms, Foreign Country Asset's include the effects of appreciation/depreciation of non-US currencies, such as the euro, pound and the yen, held in the reserves.
Jun 23, 2017, 18:44 PM IST
Forex reserves dip by $11.5 mn to $381.15 bn
Gold reserves remained unchanged at USD 20.095 billion.
Jun 16, 2017, 18:01 PM IST
Forex kitty at life-time high of $381.167 billion
India's forex reserves surged by USD 2.404 billion to reach life-time high of USD 381.167 billion in the week to June 2 on account of rise in foreign currency assets, the Reserve Bank said on Friday.
Jun 09, 2017, 20:08 PM IST
Forex reserves down $443.6 million to $375.27 billion
After touching a record high, the country's forex reserves declined marginally by USD 443.6 million to USD 375.27 billion in the week to May 12, due to fall in foreign currency assets, the Reserve Bank said.
May 19, 2017, 18:27 PM IST
Forex reserves at life-time peak of $375.71 billion
The reserves had risen by $1.594 billion to $372.73 billion in the previous week.
May 12, 2017, 18:36 PM IST
Macron victory is 'good news' for trade-reliant Asia: IMF
Emmanuel Macron's victory in the French presidential election is "good news" for trade-reliant Asia as it eases fears of rising protectionism in Europe, the International Monetary Fund (IMF) said on Tuesday.
May 09, 2017, 15:36 PM IST
India to grow 7.5% next year on higher infra spending: UN
The Indian economy will grow 7.5 percent next year by virtue of consumption revival and higher infrastructure spending, says a report by the UN Economic and Social Commission for Asia and the Pacific (ESCAP).
May 08, 2017, 17:31 PM IST
Forex reserves increase by $889.4 million to $369.887 billion
India's foreign exchange reserves rose by USD 889.4 million to USD 369.887 billion during the week ended April 14, helped by increase in foreign currency assets, the Reserve Bank said.
Apr 21, 2017, 20:55 PM IST
Need to sustain global growth momentum: Lagarde
Noting that the world economy is picking up momentum, IMF chief Christine Lagarde has underlined the need to sustain this growth and make it more inclusive.
Apr 21, 2017, 12:35 PM IST
IMF says reforms lagging behind timelines in Sri Lanka
The IMF on Tuesday said Sri Lanka should take "decisive" actions to maintain reform momentum after it was found that the country's progress on implementing structural benchmarks were "somewhat uneven".
Mar 07, 2017, 18:37 PM IST
