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IMF

IMF could be based in Beijing in a decade, says chief

IMF could be based in Beijing in a decade, says chief

The International Monetary Fund (IMF) could be based in Beijing in ten years if the Chinese economy continues its growth momentum, IMF Managing Director Christine Lagarde has said.

IMF keeps India's growth forecast at 7.2% for 2017-18

IMF keeps India's growth forecast at 7.2% for 2017-18

According to IMF's World Economic Outlook Update, India's growth is projected to accelerate to 7.7 percent in 2018-19, from 7.2 percent forecast for 2017-18.

IMF keeps global growth forecasts; China, eurozone revised higher

IMF keeps global growth forecasts; China, eurozone revised higher

In its updated World Economic Outlook, the IMF said global gross domestic product would be 3.5 percent in 2017 and 3.6 percent in 2018.

Money flow into financial savings increased post note ban: Viral Acharya

Money flow into financial savings increased post note ban: Viral Acharya

However, the Harvard professor said it will take years to judge the full impact of India`s demonetisation move in accelerating electronic payments and the larger picture is that the government has done much to promote financial inclusion.

Remove barriers, reduce subsidies to open up trade: IMF chief

Remove barriers, reduce subsidies to open up trade: IMF chief

Complementing the G20 leaders for adopting an action plan to strengthen the global financial safety net during the two- day Summit that ended last night, Lagarde said the world needs to continue to collaborate to address risks and ensure strong, sustained, balanced and inclusive growth.

IMF raises China 2017 growth forecast again, partly due to 'policy support'

IMF raises China 2017 growth forecast again, partly due to 'policy support'

The International Monetary Fund on Wednesday raised its forecast for China`s 2017 economic growth to 6.7 percent, its third increase this year, citing "policy support, especially expansionary credit and public investment".

Forex reserves at life-time high of $379.310 billion

Forex reserves at life-time high of $379.310 billion

The country's forex reserves rose by a whopping USD 4.036 billion to life-time high of USD 379.310 billion in the week ended May 19, helped by a surge in the foreign currency assets, the Reserve Bank said.

China's reforms not enough to arrest mounting debt: Moody's

China's reforms not enough to arrest mounting debt: Moody's

China`s structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody`s said.

Moody's downgrading based on inappropriate methodology: China

China's Finance Ministry today dismissed a credit downgrade by Moody's, saying it is based on "inappropriate methodology" and argued that the rating firm has overestimated the difficulties faced by the world's second largest economy.

Moody's downgrades China for the first time in 30 years, warns of fading financial strength as debt mounts

Moody's downgrades China for the first time in 30 years, warns of fading financial strength as debt mounts

Moody`s Investors Service downgraded China`s credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise.

IMF demands more from eurozone on Greek debt relief

After more than eight hours of talks in Brussels overnight, eurozone finance ministers and the IMF failed to settle their deep differences on the thorny debt question.

'IMF could be on board for Greek bailout'

Slovak Finance Minister Peter Kazimir suggested on Wednesday that the International Monetary Fund was on board for financing Greece's third bailout.

India to overtake Germany as world's 4th largest economy by 2022: IMF

India to overtake Germany as world's 4th largest economy by 2022: IMF

India is all set to overtake Germany as world's fourth largest economy by 2022, according to a IMF study.

GST rollout to push India's medium-term growth to over 8% but bad loans still a problem: IMF

GST rollout to push India's medium-term growth to over 8% but bad loans still a problem: IMF

The ambitious Goods and Services Tax to be implemented from July 1 would help raise India's medium-term growth to above eight percent, the International Monetary Fund has said adding that the reforms being done is expected to pay off in terms of higher growth in the future.

 

IMF members delete anti-protectionism pledge, keep currency commitments

IMF members delete anti-protectionism pledge, keep currency commitments

Member countries of the International Monetary Fund on Saturday pledged to work to reduce global imbalances but failed to repeat their past pledge to resist all forms of protectionism.

Global economic integration benefits must be shared by all:IMF

The IMF acknowledged on Saturday that a prolonged period of low growth has brought to the fore the concerns of those who have been "left behind" and said it was important that global economic integration benefits everyone.

'Rising anti-globalisation pose challenges to global growth'

'Rising anti-globalisation pose challenges to global growth'

China has said that political and policy uncertainties, the rising anti-globalisation and protectionism sentiment against international trade and investment pose challenges to global growth.

IMF ratchets up call to address anti-globalisation anger

As the global recovery gathers pace, the IMF is turning up the volume on its call for wealthy countries to address popular anger over the impact of globalization and head off the threat of protectionism.

India records impressive growth in recent years: IMF

India records impressive growth in recent years: IMF

India's growth has been "impressive" in the recent years which makes room for tax broadening efforts by the government, according to a top IMF official.

IMF worried over credit boom in China which can be 'dangerous'

The IMF has raised concerns over China's credit boom which has more than doubled in less than a decade, saying this can be "dangerous" for the world's second largest economy.