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Oil rebounds after G20 vows to spur global growth

Last Updated: Monday, February 24, 2014, 12:31

Oil prices rebounded in Asian trade Monday as the world`s biggest economies vowed to spur global growth by more than USD 2 trillion over five years.

G20 `deeply regrets` IMF reforms not yet effective

Last Updated: Sunday, February 23, 2014, 11:05

G20 finance ministers and central bank governors on Sunday said they "deeply regret" IMF reforms have stalled with the United States yet to ratify them.

Indian economy much more resilient to external shocks: IMF

Last Updated: Friday, February 21, 2014, 12:06

The Indian economy is much more resilient to external shocks now than was last year, a top IMF official has said, attributing this to a series of administrative decisions and policy measures taken by the Union Government.

RBI needs to keep raising interest rate to tame inflation: IMF

Last Updated: Friday, February 21, 2014, 09:24

The consumer price index touched a two-year low in January at 8.79 percent as food prices cooled but was still much higher than the wholesale price index of 5.05 percent, an eight-month low.

India will need to keep raising policy interest rate: IMF

Last Updated: Friday, February 21, 2014, 02:26

The Reserve Bank of India will need to continue raising its policy interest rate given the sticky nature of inflation, the International Monetary Fund said on Thursday.

India to push for IMF quota reforms at G20

Last Updated: Thursday, February 20, 2014, 15:37

India will push for International Monetary Fund (IMF) quota reforms during the G20 Finance Ministers meeting beginning here on Saturday, seeking to provide more voice to developing countries.

Inequality increasingly globally including in India: Lagarde

Last Updated: Tuesday, February 04, 2014, 11:45

Citing countries like the US and India, the two largest democratic countries, the International Monetary Fund (IMF) Managing Director Christen Lagarde has said that income inequality is increasing dangerously globally.

Fed draws criticism from abroad as emerging markets still reeling

Last Updated: Saturday, February 01, 2014, 11:32

The Federal Reserve`s decision to keep trimming its economic stimulus drew fire on Friday as the Reserve Bank of India`s chief said Americans should be more attuned to the global impact of their policies, and the IMF called for vigilance given strains in financial markets.

IMF asks emerging countries to prepare for rainy day

Last Updated: Wednesday, January 29, 2014, 21:53

The International Monetary Fund (IMF) on Wednesday asked emerging market economies such as India to prepare for a rainy day as they remain vulnerable to future increases in US interest rates.

IMF chief asks India to remove investment bottlenecks

Last Updated: Friday, January 24, 2014, 19:17

International Monetary Fund (IMF) chief Christine Lagarde on Friday advised India to improve its business climate and remove a host of bottlenecks hampering investment.

Up to 21, mostly foreigners, killed in Kabul suicide attack

Last Updated: Saturday, January 18, 2014, 09:31

Up to 21 people were killed in Friday`s attack on a restaurant popular with foreigners in the Afghan capital, after a suicide bomber blew himself up near the entrance and gunmen burst in to spray diners with bullets.

IMF predicts higher global growth but warns of risks

Last Updated: Thursday, January 16, 2014, 11:22

The International Monetary Fund expects global growth to pick up this year, though deflation is a "rising risk" as long as economic growth stays below what policy-makers believe is optimal, the head of the Fund said on Wednesday.