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IMF sees emerging market innovations as 'crankiness' of Governor: Raghuram Rajan

IMF sees emerging market innovations as 'crankiness' of Governor: Raghuram Rajan

The outspoken Governor, who himself has served in the past as Chief Economist of the International Monetary Fund, said the multilateral institution is more likely to find innovations in developed market economies as "appropriate".

 

US committed to strengthen its ties with emerging markets

 The US is committed to strengthen its ties with emerging markets including India on key priorities such as facilitating investment, combating money laundering and terrorist financing especially against Islamic State outfit, a top American official has said.

India best among emerging markets; health of state-run banks, corporates a worry: IMF

India best among emerging markets; health of state-run banks, corporates a worry: IMF

IMF's financial counselor Jose Vinals singled out the country as being the best placed among emerging markets, but underlined that it has problems of its own which need to be dealt with.

Slow growth concerns, terror threats cast shadow on WEF meet

Fears of slow economic growth, including in emerging markets, and concerns over rising terror attacks have cast a shadow over the WEF annual gathering as the rich and influential deliberate on ways to boost global economy.

India to remain bright spot in global economy: World Bank

India to remain bright spot in global economy: World Bank

In its latest Global Economic Prospect report - which is released every six months -- the World Bank marginally reduced India's growth rate -- 0.2 percent in 2015 and 0.1 percent in both 2016 and 2017.

US rate hike may pose risks to some emerging markets: Moody's

Moody's Investors Service on Tuesday said the likely interest rate hike by the US Federal Reserve this week could pose risks to some emerging markets.

India now a preferred market more because of compulsion than by choice

India now a preferred market more because of compulsion than by choice

In a report, Deutsche Bank said while India continues to be a favoured emerging market, "it is now more due to compulsion than by choice, as was the case after the election."

Arun Jaitley gets best FM of Asia award by Emerging Markets

Arun Jaitley gets best FM of Asia award by Emerging Markets

Finance Minister Arun Jaitley has been chosen as 'Finance Minister of the Year, Asia' by London-based publication Emerging Markets.

Lew asks US Congress to approve IMF quota reform

Lew asks US Congress to approve IMF quota reform

US Treasury Secretary Jack Lew has asked the Republican-controlled Congress to pass the IMF quota reform to give emerging markets a bigger say at the global lender.

Emerging markets to see net capital outflow in 27 years

Emerging markets to see net capital outflow in 27 years

The net capital outflows would continue at a moderate pace of USD 306 billion in 2016, on the expectation of the subdued growth prospects for the emerging market economies, as well as the US Federal Reserve's policy tightening, the report said.

 

India "bright spot" among larger emerging markets: WEF

India and South Africa are the "bright spots" among larger emerging markets, as both these countries saw large improvement in the global competitiveness index compiled by World Economic Forum, while the trend for their peer countries is either one of decline or stagnation.

World stocks hit two-year lows as commodities stay pressured

World stocks hit two-year lows as commodities stay pressured

Global stocks slid to their lowest in more than two years on Tuesday as raw materials prices and emerging markets stayed under pressure.

OECD cuts world growth outlook, warns on emerging markets

OECD cuts world growth outlook, warns on emerging markets

The OECD cut its world economic growth forecasts for 2015 and 2016 Wednesday, warning of a dramatic slowdown in Brazil and a global outlook clouded by uncertainty over China.

IMF official warms to interim deal to boost emerging markets role

A compromise deal on reforms to give emerging markets greater influence at the International Monetary Fund is increasingly likely, a key official said on Friday, weeks before a deadline for U.S. action expires.

G20 promises transparency on rate moves as global economy disappoints

The text welcomed strengthening activity in some economies but said that global growth fell short of expectations, although it expressed confidence a recovery would gain speed.

India, other large EMs less vulnerable to Fed rate hike: Fitch

Global ratings agency Fitch Friday said that so-called "fragile five" emerging economies including India and Brazil are showing "fewer signs of vulnerability" to US Federal Reserve's rate hike.

India to be among top 3 economies globally by 2030: Report

India to be among top 3 economies globally by 2030: Report

Emerging markets are expected to grow faster than developed economies, and India is likely to become the third largest economy by 2030 in the world after China and the United States, says a report.

Emerging markets drive global smartphone sales up 19%: Gartner

Led by emerging markets like India, global smartphones sales to end users touched 336 million units in the March quarter, up 19.3 percent from the year-ago period, Gartner said Wednesday.

India to achieve highest GDP growth of 7.9% over next 8 years

India is projected to record average annual growth rates of 7.9 percent over the next eight years, nearly double of China's 4.6 percent projected growth over the period.

Emerging markets still losing steam: IMF

Growth in emerging markets will slow for a fifth consecutive year, the IMF said Tuesday, as exchange rate swings and oil prices plunge, and China`s economic growth slows.