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
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
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
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
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.
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
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
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.
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
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
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.
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
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
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 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
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 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
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
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