International Monetary Fund

Indian economy remains a bright spot in global landscape: IMF official

Despite temporary setback due to demonetisation, India economy will grow strongly and remain a bright spot in the global landscape said a senior IMF official.

Feb 23, 2017, 10:32 AM IST

Terrorism, failing economy make Pakistan most dangerous nation for the world: Ex-CIA official

Rampant terrorism, failing economy and its growing nuclear arsenal make Pakistan the most dangerous country for the world, says an ex CIA official. 

Feb 16, 2017, 21:00 PM IST

Egypt inflation hit 29.6% in January

Egypt's annual inflation rate hit 29.6 percent in January, official figures showed today, three months after the government floated the pound in line with an International Monetary Fund bailout.

Feb 11, 2017, 17:32 PM IST

Eurozone, IMF agree on a common stance on Greece: Official

Eurozone lenders and the International Monetary Fund have reached agreed between themselves to present a common stance to Greece later on Friday in talks on reforms and the fiscal path Athens must take, Eurozone officials said.

Feb 10, 2017, 17:57 PM IST

India is fastest growing economy, to grow by 7.7% in FY 2017: UN report

This report of the UN comes a day after the IMF cut India's growth rate for the current fiscal year to 6.6 percent from its previous estimate of 7.6 percent due to the "temporary negative consumption shock" of demonetisation.

Jan 17, 2017, 22:32 PM IST

India's economy to grow at 7.8% in 2018 against China's growth rate of 6%: IMF

The International Monetary Fund (IMF) on Monday forecast India's economic growth at 7.8 percent for the financial year 2018, way ahead of China's 6 percent growth for the same period.

Jan 16, 2017, 22:24 PM IST

IMF cuts India's growth rate to 6.6% from 7.6% due to impact of demonetisation

The International Monetary Fund (IMF) on Monday cuts India's growth rate to 6.6 percent from 7.6 percent due to impact of demonetisation taken by the Modi government in November.

Jan 16, 2017, 19:41 PM IST

IMF board reaffirms confidence in Christine Lagarde after negligence verdict

The International Monetary Fund said on Monday its executive board reaffirmed its full confidence in Managing Director Christine Lagarde despite her conviction by a French court on a negligence charge.

Dec 20, 2016, 04:45 AM IST

IMF head Christine Lagarde found guilty of negligence by French court

International Monetary Fund (IMF) head Christine Lagarde was found guilty of negligence by a French Court on Monday in a issue related with massive payout to a tycoon when she was finance minister. 

Dec 19, 2016, 20:37 PM IST

IMF chief Christine Lagarde stands trial over Bernard ​Tapie affair

Christine Lagarde, International Monetary Fund (IMF) chief, went on trial on Monday over her role in a scandal involving business magnate Bernard Tapie in 2008.

Dec 13, 2016, 03:07 AM IST

IMF chief Christine Lagarde​ on trial in France over tycoon case

 IMF chief Christine Lagarde goes on trial in France on Monday over a massive state payout to a flamboyant tycoon when she was finance minister in a case that risks tarnishing her stellar career.

Dec 10, 2016, 10:45 AM IST

Demonetisation move: IMF backs India's currency ban to check corruption, black money

The IMF said on Thursday it supports India's efforts to fight corruption through the currency control measures announced this week, but stressed taking care to minimize disruptions in the economy.

Nov 11, 2016, 09:08 AM IST

IMF stresses upon spending cuts in Gulf despite oil recovery

A modest recovery in oil prices falls short of filling budgetary gaps in crude-exporting Gulf countries, the International Monetary Fund said, stressing the need to cut spending.

Oct 19, 2016, 13:08 PM IST

India, broader South Asian region remain steady amidst global slowdown

Amit Kapoor and Sankalp Sharma/IANS

Oct 13, 2016, 11:55 AM IST

IMF must be more 'vocal' on global economy, US says

The United States called Saturday for the International Monetary Fund to speak out on crucial global economic matters, such as exchange rates, even if this made it unpopular.

Oct 08, 2016, 23:58 PM IST

IMF, World Bank call for measures to promote inclusive globalisation

 International Monetary Fund (IMF) and World Bank leaders have called for measures to promote inclusive growth and resist anti-trade sentiments.

Oct 07, 2016, 15:18 PM IST

Adoption of GST poised to boost India's medium-term growth: IMF

Asserting that India has shown that progress on reforms could "ignite" business investment, the IMF on Thursday said the adoption of goods and services tax is poised to boost the country's medium-term growth.

Oct 07, 2016, 10:06 AM IST

World powers 'misuse' World Bank, IMF: BRICS bank exec

Europe and the United States have "misused" the World Bank and International Monetary Fund for their own ends, according to an executive at a new bank launched by major developing countries.

Oct 05, 2016, 22:31 PM IST

China's Yuan joins elite club of IMF reserve currencies

China`s yuan joins the International Monetary Fund`s basket of reserve currencies on Saturday in a milestone for the government`s campaign for recognition as a global economic power.

Oct 01, 2016, 12:14 PM IST

IMF chief Christine Lagarde warns of weak growth, lure of protectionism

The head of the IMF on Wednesday renewed warnings against protectionism and trade restrictions, saying that the global economy risked prolonged low growth and that advanced economies faced painful inequality.

Sep 28, 2016, 20:54 PM IST