Narendra Modi promises to continue reform-to-transform process

Terming India a haven of macroeconomic stability, Prime Minister Narendra Modi today vowed to continue 'reform-to-transform' process and pursue policies that will enhance growth and further inclusion.

Narendra modi, imf

India, IMF sign pact to set up regional training centre

India and the International Monetary Fund (IMF) today decided to set up a regional training and technical assistance centre in the capital with a view to enhancing capacity development and training officials in dealing with m

imf, christine lagarde

India best among EMs; health of PSBs, corporates a worry: IMF

IMF's financial counselor Jose Vinals said that India is the best placed among emerging markets, but underlined that it has problems of its own which need to be dealt with.


Drop in global oil prices a windfall for Indian economy: IMF

The collapse in global oil prices is a large windfall gain for India and it has made room for more spending on goods and services, the IMF has said.

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Christine Lagarde is only candidate to head IMF: Official

The International Monetary Fund said today that its managing director, Christine Lagarde, is the sole candidate for the new term that begins in July.

christine lagarde imf

IMF approves half a billion financial assistance to Pakistan

A decision in this regard was taken by the Indian Monetary Fund Executive Board which completed the ninth review of Pakistan's economic performance under a 36-month programme supported by an Extended Fund Facility (EFF) arran

IMF’s yuan inclusion signals less risk taking in China

When the International Monetary Fund agrees on Monday to add the Chinese yuan to its reserves basket in the biggest shake-up in more than three decades, the IMF can afford itself a congratulatory nod.

China Yuan -Brexit

India’s growth will benefit from recent policy reforms: IMF

Stating that India's growth will benefit from recent policy reforms, a consequent pickup in investment, and lower commodity prices, the IMF today projected a 7.5 per cent growth rate for India in 2016, against China's 6.3 per


RBI Guv Raghuram Rajan blasts IMF for being soft on easy money policies of West

Reserve Bank of India (RBI) Governor Raghuram Rajan today took his umbrage against the accommodative monetary policies of the developed nations to the doors of the IMF and blamed it for remaining a sideline player and even pr

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RBI Guv Raghuram Rajan urges IMF to act against ‘extreme’ policies

RBI governor Raghuram Rajan urged the International Monetary Fund on Monday to stop "sitting on the sidelines" and instead play an active role in questioning the easy money policies adopted by developed economies.

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Launch next phase of reforms for faster growth, IMF to India

With India's growth rate projected to drop slightly from 7.5 per cent to 7.3 per cent in 2015, the IMF today recommended the country to launch next phase of economic reforms and improve its business climate for achieving fast


India could muscle China out, ‘durably occupy’ top growth spot: IMF

With China's economy slowing down, India could "durably occupy" the top growth spot among large emerging markets, the IMF said today...

China economy

Opinion: RBI Guv Raghuram Rajan could be the best bet for IMF chief’s job

While the RBI Governor Raghuram Rajan has done the right thing by clarifying that he is not running for the IMF chief's job, his diverse experience of handling issues related to both the developed and the emerging nations mak

Market volatility alone not reason for concern over yuan: IMF

The International Monetary Fund (IMF) does not see China's recent market volatility by itself as a reason to voice concern about including the yuan in its benchmark currency basket, an IMF spokesman said on Thursday.

IMF says near-term growth prospects remain favourable in India

Near-term growth prospects remain favourable in India but some macroeconomic imbalances still exist, International Monetary Fund said today ahead of the meeting of finance ministers from G-20 countries in Turkey

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Emerging economies must be vigilant over China slowdown: IMF

The International Monetary Fund (IMF) managing director Christine Lagarde today warned that greater resilience would be needed from the world's emerging economies to handle China's slowdown, warning the road ahead could be "s

IMF official says ‘premature’ to speak of Chinese crisis

China's economic slowdown and a sharp fall in its stock market herald not a crisis but a "necessary" adjustment for the world's second biggest economy, a senior International Monetary Fund (IMF) official said on Saturday.

IMF freezes benchmark currency basket, defers any yuan addition

The International Monetary Fund (IMF) said on Wednesday it will freeze its benchmark currency basket until October 2016, giving markets more time to adjust to the possible addition of China's yuan as part of a review of globa

Angela Merkel says expects Christine Lagarde to push for IMF role in Greece rescue

German Chancellor Angela Merkel said that she expected the IMF to participate in a new rescue package for Greece, saying the Washington-based institution's chief Christine Lagarde had promised to lobby for this with the IMF b

China joins currency party, ‘Market-oriented’ yuan spells more trouble for India

For India, the timing couldn’t have been worse since this will make Chinese exports to India even more competitive and, to the extent there is competitive devaluation by others, the export market gets that much more difficu

china economy

Chinese currency devaluation appears a welcome step: IMF

China devalued its tightly-controlled currency on Tuesday by two per cent, the biggest one-day fall since a massive devaluation in 1994, as the world's second largest economy grappled with economic slowdown and dwindling expo

China yuan

Pakistan seeks further $502 mn loan tranche from IMF

Pakistan's finance minister said on Friday that IMF staff have completed their latest economic review, a step towards approval of a further $502 million tranche of its three-year extended fund facility.

Greece PM Alexis Tsipras gets backing for bailout; EU, IMF give green light

Greece Prime Minister Alexis Tsipras won backing from lawmakers on Saturday for painful reform proposals aimed at obtaining a new international bailout, but he faced a rebellion in his own party that could threaten his majori

greece crisis

Drop the dots: IMF to US Federal Reserve

Now that International Monetary Fund head Christine Lagarde has told the US Federal Reserve to wait to raise interest rates, the IMF staff has followed up with suggestions that the US central bank remake its communications po

A messy Grexit, can be negative for risky assets: Anindya Banerjee

Economic forecasting is like driving through a mountainous stretch in a thick fog.


Greece to face IMF default on July 1 without a deal: IMF Chief

IMF Chief Christine Lagarde defended the IMF programme with Greece as "credible and flexible"

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Greece’s last attempt to reach bailout deal with creditors fail

Talks on ending a deadlock between Greece and its international creditors broke up in failure on Sunday, with European leaders venting their frustration as Athens stumbled closer towards a debt default that threatens its futu

Greece's Prime Minister Alexis Tsipras
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