emerging market countries

Pandit’s Citi makes profit with India sale


April 17th, 2012 - 11:16 am ICT by IANS
Washington, April 17 (IANS) Profits at Citigroup led by Indian American CEO Vikram Pandit rebounded to $2.9 billion in the first quarter of 2012 with revenue boosted by the sale ... Read more...

Posted in Business |

India finalizing economic pact with ASEAN


November 19th, 2011 - 3:43 pm ICT by IANS
Nusa Dua (Bali), Nov 19 (IANS) Calling for full play to investment and trade issues, Prime Minister Manmohan Singh said Saturday that India was finalizing a Comprehensive Economic Cooperation ... Read more...

Posted in World |

IMF sees internationalisation potential for Indian rupee


October 19th, 2011 - 10:40 pm ICT by IANS
Washington, Oct 19 (IANS) The Indian rupee, the Brazilian real, the Chinese renminbi, the Russian ruble and the South African rand have been identified in an International Monetary Fund (IMF) ... Read more...

Posted in Business |

Lagarde is new IMF chief, gets support from India, US


June 29th, 2011 - 11:11 am ICT by IANS
Washington, June 29 (IANS) French Finance Minister Christine Lagarde was named the first female head of International Monetary Fund (IMF) after the United States, India and some other fast-growing ... Read more...

Posted in Business |

Rising food prices pose global threat: World Bank president


April 17th, 2011 - 12:35 pm ICT by ANI
Washington, Apr. 17 (ANI): World Bank president Robert Zoellick has warned that rising food prices have pushed the world's poor countries to "one shock away from a full-blown crisis."He said skyrocketing food ... Read more...

Posted in World |

Gordon Brown a ‘clear favorite’ to be next IMF head


April 14th, 2011 - 6:14 pm ICT by ANI
Washington, Apr 14 (ANI): Former UK Prime Minister Gordon Brown is emerging as the first choice for becoming the next Managing Director of the International Monetary Fund (IMF).Presently, Brown is in ... Read more...

Posted in World |

IMF sees some ‘hot spots’ in Indian equities markets


January 25th, 2011 - 3:29 pm ICT by IANS
By Arun Kumar Washington, Jan 25 (IANS) Suggesting that some "hot spots" appear to be emerging in the equities markets in some countries including India, the International Monetary Fund (IMF) Tuesday said global ... Read more...

Posted in Business |

US won’t make binding climate commitments sans India, China


December 15th, 2010 - 12:00 pm ICT by IANS
By Arun Kumar Washington, Dec 15 (IANS) The US has hailed India's "constructive role" at the UN climate change conference in Cancun and says Washington will not make legally binding commitments until countries ... Read more...

Posted in Environment |

Economy set to grow nine percent in 2011-12: Manmohan Singh


November 12th, 2010 - 12:34 pm ICT by ANI
Seoul, Nov 12 (ANI): The Prime Minister Dr. Manmohan Singh on Friday said India will revert to its pre-crisis economic growth rate of nine per cent in the next fiscal.Addressing the ... Read more...

Posted in World |

G20 nations must help fix infrastructure gaps: Manmohan Singh (Lead)


November 12th, 2010 - 12:18 pm ICT by IANS
By Arvind Padmanabhan Seoul, Nov 12 (IANS) Indian Prime Minister Manmohan Singh Friday put his grand proposal before the G20, calling for a new global rebalance in which funds from surplus nations ... Read more...

Posted in Business |

G20 nations should help bridge infrastructure gap: Manmohan Singh


November 12th, 2010 - 10:11 am ICT by IANS
By Arvind Padmanabhan Seoul, Nov 12 (IANS) Indian Prime Minister Manmohan Singh Friday said the global economy now required a new rebalance in which funds from surplus countries must be pumped ... Read more...

Posted in Business |

India has a seat at table of global influence: US official


November 7th, 2009 - 1:14 pm ICT by IANS
By Arun Kumar Washington, Nov 7 (IANS) With new players like India and Brazil taking a seat at the table of global influence, the international system that emerged at the end of ... Read more...

Posted in Business |

IMF sees ‘break in the clouds’, but no voice for emerging economies


April 26th, 2009 - 12:41 pm ICT by IANS
By Arun Kumar Washington, April 26 (IANS) Amid signs of a "break in the clouds" of the economic storm, world finance leaders have pledged to keep working collaboratively to restore international financial stability ... Read more...

Posted in Business |

IMF predicts $4 trillion losses from US mortgage crisis


April 21st, 2009 - 9:26 pm ICT by IANS
Washington, April 21 (Xinhua) The International Monetary Fund (IMF) said Tuesday that losses stemming from the US mortgage crisis may reach $4 trillion and the global financial system "remains under severe stress". The ... Read more...

Posted in Business |

Spectre of protectionism haunts emerging markets: IMF


March 20th, 2009 - 10:17 am ICT by IANS
By Arun Kumar Washington, March 19 (IANS) With demand for exports falling, investment slumping, and cross-border lending drying up in a spreading economic crisis, emerging market countries are increasingly concerned about protectionism, according ... Read more...

Posted in Business |

Emerging economies to jointly fight financial crisis


November 9th, 2008 - 2:51 pm ICT by IANS
Sao Paulo, Nov 9 (Xinhua) World's four fastest-growing economies would take measures to reduce the impact of the global financial turmoil, Russian Finance Minister Alexei Kudrin has said.Finance ministers from Brazil, Russia, ... Read more...

Posted in Uncategorized |

G20 finance ministers, central bank governors meet in Sao Paulo


November 8th, 2008 - 11:29 pm ICT by IANS
Sao Paulo, Nov 8 (Xinhua) Finance ministers and central bank governors from the Group of 20 (G20), which is an informal arena to facilitate dialogue between major industrial and emerging-market countries, began ... Read more...

Posted in World |

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