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IMF

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.

India returned to fiscal consolidation in 2016-17: IMF

Notwithstanding the impact of demonetisation, India returned to fiscal consolidation in the fiscal year 2016-17 largely due to the near-elimination of fuel subsidies and enhanced targeting of social benefits, the IMF said on Wednesday.

 

Greece probing how parcel bombs got to France, Germany

Greek authorities on Friday were trying to determine how a near-defunct militant group was able to sneak at least two parcel bombs through airport security.

 IMF says reforms lagging behind timelines in Sri Lanka

IMF says reforms lagging behind timelines in Sri Lanka

The IMF on Tuesday said Sri Lanka should take "decisive" actions to maintain reform momentum after it was found that the country's progress on implementing structural benchmarks were "somewhat uneven".

Indian economy remains a bright spot in global landscape: IMF official

Indian economy remains a bright spot in global landscape: IMF official

Despite temporary setback due to demonetisation, India economy will grow strongly and remain a bright spot in the global landscape said a senior IMF official.

Forex reserves down $360.9 million to $362.78 billion

Forex reserves down $360.9 million to $362.78 billion

India's foreign exchange reserves dropped by USD 360.9 million to USD 362.785 billion in the week to February 10 due to decline in foreign currency assets (FCAs), a key component, the Reserve Bank said today.

Five reasons the Greek debt crisis is back

Five reasons the Greek debt crisis is back

Greece, the eurozone and IMF are in a three-way Mexican stand-off over a review of the country`s 86 billion bailout agreed in July 2015, its third since 2010.

IMF's Christine Lagarde 'optimistic' about US economy

IMF's Christine Lagarde 'optimistic' about US economy

International Monetary Fund chief Christine Lagarde on Sunday voiced optimism for US economic growth under President Donald Trump but warned it could herald trouble for the rest of the world.

Egypt inflation hit 29.6% in January

Egypt inflation hit 29.6% in January

Egypt's annual inflation rate hit 29.6 percent in January, official figures showed today, three months after the government floated the pound in line with an International Monetary Fund bailout.

Eurozone, IMF agree on a common stance on Greece: Official

Eurozone, IMF agree on a common stance on Greece: Official

Eurozone lenders and the International Monetary Fund have reached agreed between themselves to present a common stance to Greece later on Friday in talks on reforms and the fiscal path Athens must take, Eurozone officials said.

Rating agencies several notches behind India's reality: Shaktikanta Das

Rating agencies several notches behind India's reality: Shaktikanta Das

Taking a dig at global rating agencies for failing to upgrade India's sovereign rating despite significant improvement in macroeconomic parameters, Economic Affairs Secretary Shaktikanta Das has said the agencies are several steps behind from reality and are missing out on something which only they can best explain.

India's economy to grow at 7.8% in 2018 against China's growth rate of 6%: IMF

India's economy to grow at 7.8% in 2018 against China's growth rate of 6%: IMF

The International Monetary Fund (IMF) on Monday forecast India's economic growth at 7.8 percent for the financial year 2018, way ahead of China's 6 percent growth for the same period.

IMF cuts India's growth rate to 6.6% from 7.6% due to impact of demonetisation

IMF cuts India's growth rate to 6.6% from 7.6% due to impact of demonetisation

The International Monetary Fund (IMF) on Monday cuts India's growth rate to 6.6 percent from 7.6 percent due to impact of demonetisation taken by the Modi government in November.

Forex kitty down $1.14 billion to $359 billion

Forex kitty down $1.14 billion to $359 billion

A huge fall in gold reserves led to a USD 1.14 billion dip in the country's forex reserves to USD 359.155 billion for the week ended January 7, the Reserve Bank said on Friday.

India's forex reserves rise marginally

India's forex reserves rise marginally

India`s foreign exchange reserves went up marginally to $360.29 billion as on Dec 30, 2016, the Reserve Bank of India (RBI) said.