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Washington, April 16 Lowering India’s growth projections by just a notch, the the International Monetary Fund (IMF) Tuesday predicted that this will rise to 5.75 percent in 2013 and 6.2 percent in 2014.
IMF’s latest World Economic...
Davos (Switzerland), Jan 24 The International Monetary Fund (IMF) chief says 2013 will be a “make or break” year, a few hours after the IMF revised its forecast for this year’s global growth rate down to 3.5 percent.
“The recovery...
Pension & Social Security
TIME FOR ‘INCLUSIVE AGEING’
By Shivaji Sarkar
New Delhi, Oct 04 : If only three top international agencies thought alike, life would be far better, particularly for the elderly. Sadly, this is not the case. On the one...
Lowest household savings
SIGNAL OF DEEPER CRISIS
By Shivaji Sarkar
New Delhi, Sept 06 : The country is moving from problem to problem. While the GDP growth is thawing, inflation is becoming unmanageable and fresh jobs are disappearing. Now, with the lowest...
June 20 : India intends to make available up to US$ 10 billion to shore up the resources of the International Monetary Fund (IMF). It is significant that India, which had to resort to IMF financing on a few occasions till the early nineties, will now...
June 20 : Prime Minister Manmohan Singh welcomed the effort to increase the corpus of International Monetary Fund (IMF) to help Eurozone countries but said the progress in hiking voting rights for countries like India was slow.
“I must point out...
Washington, June 9 The head of the International Monetary Fund has called for further action to reform the global financial system by strengthening crisis management tools and the overall architecture of the system.
Christine Lagarde, managing director...
Washington, April 19 South Sudan joined the International Monetary Fund (IMF) when the country signed an IMF agreement here, Xinhua reported.
Minister of Finance and Economic Planning Kosti Manibe Ngai signed the IMF’s Articles of Agreement.
South...
Washington, April 18 The International Monetary Fund (IMF) has suggested reinvigoration of structural reforms, including development of infrastructure, fiscal consolidation and controlling of inflation to bring India’s growth back to potential and...
New Delhi, April 17 Finance Minister Pranab Mukherjee will be on a four-day official visit to the United States beginning Thursday to attend the annual spring meeting of the International Monetary Fund and the World Bank.
During the visit, Mukherjee...
New Delhi, March 30 Key outcomes of the Fourth BRICS Summit as reflected in the Delhi Declaration:
1) Global governance reforms: BRICS leaders pitch for reform of global governance institutions, including the UN, the International Monetary Fund (IMF)...
Washington, Jan 24 With the global recovery threatened by intensifying strains in the euro area and fragilities elsewhere, the International Monetary Fund (IMF) has slightly lowered India’s growth projections to 7 percent this year and 7.3 percent...
Cannes, Nov 4
The Group of Twenty (G20) leaders have agreed to strengthen the resources of the International Monetary Fund (IMF), French President Nicolas Sarkozy said Friday at the conclusion of a two-day summit that gathered the world’s major...
Washington, Sep 20
Predicting that India’s growth would slow down from 10 percent last year to an average of 7.5 to 7.75 percent during 2011-12, the International Monetary Fund (IMF) has cited inflation as its key challenge.
“A key challenge...
Washington, Sep 12
Even as inequality is getting worse in many countries, the rise of India and China has contributed to the decrease in global inequality, according to the International Monetary Fund (IMF).
“As the two giants — India ...
Washington, Sep 3
The International Monetary Fund (IMF) has provided Ireland with a third bailout package of $2.11 billion under an international rescue deal.
“The arrangement for Ireland, which was approved Dec 16, 2010… is a part of...
Washington, Aug 29
International Monetary Fund chief Christine Lagarde warned Saturday that downside risks to the global economy are rising, and developments this summer have indicated the global economy is in a “dangerous new phase”.
The...
Mumbai, Aug 20
India’s foreign exchange (forex) reserves declined by $621 million to $316.60 billion for the week ended Aug 12 due to sharp drop in the value of foreign currency assets, official data showed Saturday.
The foreign reserves kitty...
