Last Updated: Friday, July 25, 2014, 20:38
India is the only country in the BRICS grouping that has avoided a growth downgrade by IMF as it retained the country's economic expansion forecast at 5.4 percent for the current fiscal.
Last Updated: Friday, July 25, 2014, 18:15
All-time high for the reserves was USD 321 billion in late 2011.
Last Updated: Friday, July 25, 2014, 15:33
Britain is predicted by the IMF to be the fastest growing major world economy this year.
Last Updated: Friday, July 25, 2014, 10:27
Out of the BRICS countries - Brazil, Russia, India, China and South Africa - only India avoided an IMF ratings downgrade.
Last Updated: Wednesday, July 23, 2014, 21:51
The International Monetary Fund on Wednesday lowered its US economic growth forecast for 2014 after severe winter weather in the first quarter delivered a sharp contraction.
Last Updated: Sunday, July 20, 2014, 09:18
For the past 70 years, the International Monetary Fund and the World Bank have been the pillars of the world`s economic system.
Last Updated: Friday, July 18, 2014, 16:41
IMF chief Christine Lagarde warned on Friday that low inflation could damage growth in Europe and urged the European Central Bank to maintain a flexible policy.
Last Updated: Friday, July 18, 2014, 14:18
The International Monetary Fund said on Friday it expected Ukraine`s economy to shrink by 6.5 percent in 2014 instead of the 5.0 percent it forecast earlier this year because of the escalating eastern uprising.
Last Updated: Friday, July 18, 2014, 00:31
Prime Minister Narendra Modi returned home late tonight after a five-day visit to Brazil where he attended the BRICS Summit.
Last Updated: Thursday, July 17, 2014, 07:47
The International Monetary Fund has welcomed the move to set up a new BRICS development bank stating that it is ready to work with the Bank`s leadership.
Last Updated: Wednesday, July 16, 2014, 07:09
The emerging-market bloc of BRICS Tuesday advocated cooperative approach and peaceful solution to global hot issues.
Last Updated: Wednesday, July 16, 2014, 06:47
The world`s leading emerging economies Tuesday expressed their disappointment with the failure to implement the 2010 International Monetary Fund (IMF) reforms.
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