BRICS moves to establish bank institute, rating agency
BRICS countries today discussed the efficacy of "establishing" a bank institute and a rating agency of their own following the New Development Bank (NDB) becoming fully operational.
Apr 15, 2016, 10:54 AM IST
IMF, World Bank focus on economic risks of Brexit, tax evasion
The IMF and World Bank focused Thursday on Britain`s possible EU pullout and widespread tax evasion as key threats to the global economy as they opened their Spring Meetings.
Apr 14, 2016, 23:18 PM IST
IMF`s Christine Lagarde urges Britain, EU to save `long marriage`
International Monetary Fund chief Christine Lagarde urged Britain and the European Union Thursday to keep communications open to avoid the failure of an "long marriage" with the Brexit vote.
Apr 14, 2016, 22:23 PM IST
IMF outlines three-pronged approach to avert recession risks
The IMF Thursday called for the adoption of a three-pronged approach with monetary, fiscal and structural actions to avert recession risks and enhance global financial stability even as it singled out India as a "bright spot" in the world.
Apr 14, 2016, 22:16 PM IST
IMF defends negative rates as ''net positive'' for economies
Negative interest rates are a "net positive" for economies where they are deployed, but there are limits to how low they can go, the International Monetary Fund`s monetary and capital markets chief said on Wednesday.
Apr 13, 2016, 22:22 PM IST
IMF says financial stability risks rising, urges bank asset repair
World financial markets have calmed after turmoil earlier this year, but more needs to be done to ensure global financial stability amid slowing growth, weak commodity prices and worries about China`s economy, the International Monetary Fund warned on Wednesday.
Apr 13, 2016, 21:14 PM IST
Jaitley arrives in US to attend WB, IMF meetings
During his week-long stay in the US, Jaitley would also travel to New York to meet with private sector leaders with an objective to attract foreign direct investments to India.
Apr 13, 2016, 19:37 PM IST
IMF cuts eurozone growth forecast amid 'major' challenges
The IMF cut its growth forecasts for the eurozone on Tuesday as the refugee crisis, terrorism and the threat of Britain choosing to exit the EU weighed on the outlook.
Apr 12, 2016, 21:22 PM IST
IMF cuts US growth outlook, warns of rising protectionism
The IMF lowered its forecast for the US economy Tuesday and warned that the protectionist sentiments voiced in the US presidential election campaign were a threat to global growth.
Apr 12, 2016, 21:17 PM IST
IMF cuts Japan growth forecasts, warns over deflation
The International Monetary Fund on Tuesday cut its growth forecast for Japan, saying the economy would shrink next year as a sales tax rise dents consumer spending and warning of a return to deflation.
Apr 12, 2016, 21:07 PM IST
IMF raises China outlook to 6.5% but warns of 'spillover'
With the outlook for global growth darkening, a sharper downturn in China "could lead to a more generalised slowdown" in emerging markets and advanced economies, the IMF said in its April 2016 World Economic Outlook.
Apr 12, 2016, 21:04 PM IST
Worried IMF cuts world growth forecast to 3.2%, warns over Brexit
The International Monetary Fund said Tuesday that the global economy faces wide-ranging threats from weak growth and rising protectionism, warning of possible "severe" damage should Britain quit the European Union.
Apr 12, 2016, 20:57 PM IST
IMF warns over Brexit and 'fraying' EU integration
The International Monetary Fund warned Tuesday of potentially "severe" economic damage from a British exit from the European Union and voiced strong worries over generally deteriorating support for EU integration.
Apr 12, 2016, 20:39 PM IST
IMF keeps gloomy Saudi Arabia growth outlook
The International Monetary Fund on Tuesday maintained its gloomy economic forecasts for Saudi Arabia due to low oil prices and lowered its expectations for the Middle East and North Africa overall.
Apr 12, 2016, 20:35 PM IST
US committed to strengthen its ties with emerging markets
The US is committed to strengthen its ties with emerging markets including India on key priorities such as facilitating investment, combating money laundering and terrorist financing especially against Islamic State outfit, a top American official has said.
Apr 12, 2016, 09:36 AM IST
Arun Jaitley to leave for US on Wednesday for IMF-WB meet
Finance Minister Arun Jaitley will on Wednesday leave for the United states on an official visit during which he will attend the IMF-WB meeting and hold sessions with institutional investors and pension funds.
Apr 11, 2016, 22:14 PM IST
IMF chief ramps up call for global action as growth risks increase
The global economy`s already modest prospects will decline further unless authorities take stronger action to boost growth, the head of the IMF warned on Tuesday, saying the Fund would cut its headline forecasts next week.
Apr 05, 2016, 21:06 PM IST
Christine Lagarde says negotiating 'in good faith' with Greece on debt
International Monetary Fund (IMF) Managing Director Christine Lagarde said on Tuesday that her team was continuing to negotiate with Greece "in good faith" over its debt issues.
Apr 05, 2016, 15:34 PM IST
IMF chief denies threat to pull out of Greek bailout
International Monetary Fund Managing Director Christine Lagarde denied on Sunday that IMF staff would push Greece closer to default as a negotiating tactic on a new Greek bailout deal, which she said was "still a good distance away."
Apr 04, 2016, 11:38 AM IST
IMF chief says `good distance away` from Greek debt deal
International Monetary Fund chief Christine Lagarde on Sunday told Greek Prime Minister Alexis Tsipras that "we are still a good distance away" in negotiations for a debt deal for hard-up Athens.
Apr 04, 2016, 09:26 AM IST
