International Monetary Fund

IMF warns central banks could lose deflation fight

The International Monetary Fund warned Tuesday that central banks are struggling to beat back deflationary forces and that governments need to spend to help them succeed.

Sep 27, 2016, 22:35 PM IST

Forex reserves hit fresh all-time high, cross $371 billion

The country's forex reserves continued to scale new highs, with the week to September 9 adding USD 3.513 billion to the kitty, which hit a new life-time peak of USD 371.279 billion, RBI data showed Friday.

 

Sep 16, 2016, 20:41 PM IST

IMF approves $1 billion in Ukraine aid after long delay

The International Monetary Fund on Wednesday resumed its bailout of war-torn Ukraine, approving disbursement of $1 billion from an aid package that had been held up in part on corruption concerns.

Sep 15, 2016, 05:01 AM IST

IMF boss Christine Lagarde to go on trial in France on December 12

Lagarde, 60, will be tried for negligence by the Court of Justice of the Republic -- a tribunal that hears cases against ministers accused of wrongdoing in the discharge of their duties.

Sep 13, 2016, 01:21 AM IST

Indian foreign exchange reserves at $367 billion

India`s foreign exchange reserves went up to $367.76 billion as on September 2, the Reserve Bank of India (RBI) announced.

Sep 10, 2016, 16:16 PM IST

G20 determined to combat 'populist backlash' on trade: IMF

G20 leaders resolved to combat a "populist backlash" against global trade, and highlight the benefits it has brought including lifting millions out of poverty, IMF's Christine Lagarde said Monday.

Sep 05, 2016, 18:03 PM IST

Slowdown in Islamic finance to run into 2017: S&P

The slowdown in Islamic finance growth is likely to continue through 2017 due to low oil prices and lack of regulation, Standard and Poor`s Global Ratings said Monday.

Sep 05, 2016, 15:58 PM IST

Urjit Patel assumes charge as RBI's the twenty-fourth Governor

Urjit Patel who took over as the 24th Governor of Reserve Bank will have a tough task in maintaining the legacy of his predecessor, Raghuram Rajan, and balance the need to contain inflation without hurting growth.

Sep 05, 2016, 14:22 PM IST

IMF's Christine Lagarde warns G20 to avoid 'low-growth trap'

The head of the International Monetary Fund on Thursday called on global leaders to take "forceful" action to revive the world economy, sounding a stark warning ahead of this weekend`s G20 summit.

Sep 01, 2016, 22:51 PM IST

IMF delegation arrives in Egypt for bailout package talks

A delegation from the International Monetary Fund arrived in Egypt on Saturday, responding to a request for a multibillion dollar bailout for the country’s flagging economy.

Jul 31, 2016, 00:47 AM IST

IMF says Egypt seeking financial support

Egypt has asked the International Monetary Fund for financial support as it struggles to strengthen its economy, the IMF said.

Jul 27, 2016, 07:37 AM IST

IMF flags decelerating pace of reforms in India; lists six areas for further reforms

Listing out as many as six core areas that need further reforms in India, IMF has warned that headwinds from weaknesses in the country's corporate and bank balance sheets, decelerating pace of reforms and sluggish exports may weigh on its economic growth.

Jul 24, 2016, 15:06 PM IST

IMF expresses confidence in Christine Lagarde as French court orders trial

The International Monetary Fund expressed firm backing for Managing Director Christine Lagarde Friday after a French court ordered her to stand trial over a state payout to a businessman in 2008.

Jul 22, 2016, 18:40 PM IST

Christine Lagarde says global growth forecast revised downward on Brexit

She made the comments at a briefing after meeting China`s Premier Li Keqiang and the head of the World Bank and other senior global economic officials.

Jul 22, 2016, 10:06 AM IST

Papua New Guinea leader survives no-confidence vote

Papua New Guinea`s Prime Minister Peter O`Neill survived a no-confidence vote in parliament Friday over corruption allegations following weeks of protests and civil disobedience urging him to resign.

Jul 22, 2016, 08:52 AM IST

Brexit to drag on global growth through 2017: IMF

The uncertainty created by Britain`s vote to leave the European Union will slow the global economy into next year, the International Monetary Fund predicted Tuesday.

Jul 19, 2016, 19:57 PM IST

No world recession from Brexit but risks high: Christine Lagarde

International Monetary Fund chief Christine Lagarde said that Britain`s shock vote to quit the European Union has injected significant uncertainty into the global economy but is unlikely to cause a world recession. 

Jul 07, 2016, 19:57 PM IST

IMF`s Lagarde should face trial in Tapie case: French prosecutor

A French prosecutor on Friday said IMF chief Christine Lagarde should stand trial for her handling of a massive state payout to tycoon Bernard Tapie in 2008 when she was France`s finance minister.

Jul 01, 2016, 19:25 PM IST

Brexit: IMF warns of repercussions for global economy

Britain's decision to leave the European Union has created "significant uncertainty" that will have repercussions not only for the UK and Europe, but also for the global economy, the International Monetary Fund has warned.

Jul 01, 2016, 16:17 PM IST