India a bright spot on cloudy global horizon: Christine Lagarde
She reiterate global growth forecast of 3.5 percent in 2015 and 3.7 percent in 2016. She also said that asynchronous policy shifts may lead to excessive volatility.
Mar 16, 2015, 13:01 PM ISTIMF supports tight stance of India's central bank
The International Monetary Fund (IMF), ahead of its chief Christine Lagarde`s two-day India visit that began on Monday, has supported the tight monetary stance of the Reserve Bank of India (RBI) and says 5-percent inflation in the country was still high.
Mar 16, 2015, 11:17 AM IST