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IMF bullish on India's growth story

IMF bullish on India's growth story

Last Updated: Thursday, April 17, 2014, 19:02

Sounding bullish about India, International Monetary Fund (IMF) expects country's economic growth to move up to 5.5 percent in the current fiscal and 6.25 percent in the next fiscal.

Beijing rejects IMF's hard-landing warning for China's economy

Last Updated: Sunday, April 13, 2014, 09:57

Chinese Vice Finance Minister Zhu Guangyao said China worked closely with the IMF but did not agree with all of its analysis.

IMF, World Bank push for price on carbon

Last Updated: Saturday, April 12, 2014, 12:00

An IMF study last year found that energy subsidies around the world amounted to $1.9 trillion -- or eight percent of government revenues.

US prods world`s nations, institutions for Ukraine aid

Last Updated: Friday, April 11, 2014, 21:14

United States on Friday urged the international community to contribute more to Ukraine`s economic rescue, stressing the "immediate" need to fund a huge IMF program for Kiev.

IMF, World Bank 2014 spring meetings in Washington

Last Updated: Thursday, April 10, 2014, 20:55

The following are highlights of the International Monetary Fund and World Bank meetings in Washington, where finance ministers, central bankers and other top officials are gathering this week.

Financial stability has improved in developed countries: IMF

Last Updated: Wednesday, April 09, 2014, 20:58

Financial stability has broadly improved in advanced countries and has deteriorated in emerging economies in the past six months, the International Monetary Fund said in its latest Global Financial Stability Report released Wednesday.

Greeks strike against more EU-IMF reforms

Last Updated: Wednesday, April 09, 2014, 19:42

Greek unions held a 24-hour anti-austerity strike Wednesday, shutting down ferry services to the country`s world-famous islands, disrupting rail travel and closing pharmacies and several government offices.

Sensex, Nifty zoom to all-time high; Sun Pharma, banks lead gains

Last Updated: Wednesday, April 09, 2014, 17:08

The 50-issue NSE Nifty also flared up by 101.15 points or 1.51 percent to end at new peak of 6,796.20. It has recorded a historic intra-trade high of 6,808.70.

Global activity expected to improve further in 2014-15: IMF

Last Updated: Tuesday, April 08, 2014, 23:29

Buoyed by recovery in advanced economies, including the US, the International Monetary Fund today said global activity strengthened during the second half of 2013 and is expected to improve further in 2014-15.

IMF cuts Russia growth forecast over Ukraine crisis

Last Updated: Tuesday, April 08, 2014, 23:21

The International Monetary Fund on Tuesday cut its growth forecast for Russia following Moscow`s takeover of Crimea and warned the Ukrainian crisis could have much wider global knock-on effects.

IMF trims emerging market growth outlook, sees risks

Last Updated: Tuesday, April 08, 2014, 22:59

Emerging markets face increasing risks, the IMF warned on Tuesday as it trimmed its outlook for the countries which have been the main driver of global growth in recent years.

IMF presses ECB to act soon against deflation

Last Updated: Tuesday, April 08, 2014, 22:20

The International Monetary Fund on Tuesday urged the European Central Bank to act as soon as possible to fend off the deflation threat, amid worries about weak eurozone growth.