financial committee

Protect ‘innocent bystanders’ from global financial crisis: India (Lead)


April 22nd, 2012 - 1:47 pm ICT by IANS
Washington, April 22 (IANS) As the International Monetary Fund (IMF) doubled its lending power with over $430 billion pledged to a reinforced safety net to bail out countries during ... Read more...

Posted in Business |

Call for urgent IMF quota, governance reforms


April 22nd, 2012 - 2:23 am ICT by IANS
Washington, April 22 (IANS) Reaffirming the urgency of making the 2010 quota and governance reforms effective by October to enhance the International Monetary Fund's legitimacy and credibility, its steering ... Read more...

Posted in Business |

India calls for integrated action to secure growth


April 22nd, 2012 - 2:11 am ICT by IANS
Washington, April 22 (IANS) India has called for an "integrated and interconnected" response to global developments anchored by the International Monetary Fund (IMF) to effectively secure growth in an ... Read more...

Posted in Business |

India cautions against slowdown in IMF quota reforms


April 21st, 2012 - 12:16 pm ICT by IANS
Washington, April 21 (IANS) Expressing its disappointment at the pace of reform on quota and governance issues in the International Monetary Fund (IMF), India has said that a dynamic ... Read more...

Posted in Business |

IMF to explore options to combat global economic risks


January 18th, 2012 - 6:06 pm ICT by IANS
Washington, Jan 18 (IANS) The International Monetary Fund (IMF) would explore ways to strengthen its firepower to combat global economic risks, Christine Lagarde, managing director of the IMF, said Tuesday."I ... Read more...

Posted in Business |

China faces price rise pressure


September 25th, 2011 - 5:44 pm ICT by IANS
Beijing, Sep 25 (IANS) China faces the pressure of price rise and capital inflows in the short term while its economic outlook remains positive, central bank governor Zhou Xiaochuan has ... Read more...

Posted in Business |

IMF calls for action to handle global crisis


September 25th, 2011 - 5:18 am ICT by IANS
Washington, Sep 25 (IANS) The International Monetary Fund (IMF) has called on world leaders to implement measures available to deal with the "dangers confronting the global economy", Xinhua reported.There was ... Read more...

Posted in Uncategorized |

CWG scam: Ex-official’s bail order June 15


June 13th, 2011 - 9:11 pm ICT by IANS
New Delhi, June 13 (IANS) A special Central Bureau of Investigation (CBI) court here Monday reserved its order on the bail plea of a former financial official of the Commonwealth ... Read more...

Posted in Uncategorized |

Kalmadi demands JPC to probe CWG scam (Lead)


February 24th, 2011 - 6:52 pm ICT by IANS
Ranchi, Feb 24 (IANS) A day after two of his close aides and senior officials of the Commonwealth Games Organising Committee were arrested, Indian Olympic Association (IOA) president and MP Suresh Kalmadi ... Read more...

Posted in Sports |

Why only OC officials targeted in CWG probe: Kalmadi


February 24th, 2011 - 5:18 pm ICT by IANS
Ranchi, Feb 24 (IANS) Indian Olympic Association (IOA) President Suresh Kalmadi Thursday questioned why the investigating agencies were calling only the organising committee (OC) officials in their probe into the Commonwealth Games ... Read more...

Posted in Sports |

IMF quota overhaul puts India among top ten


November 6th, 2010 - 11:01 am ICT by IANS
By Arun Kumar Washington, Nov 6 (IANS) The Executive Board of the International Monetary Fund (IMF) has approved proposals that will lead to a major overhaul of the Fund's quotas and governance putting ... Read more...

Posted in Business |

World’s growth engine India seeks more voice (Roundup)


April 25th, 2010 - 10:35 pm ICT by IANS
By Arun Kumar Washington, April 24 (IANS) An upbeat India has made a forceful plea for giving emerging economies more voice in shaping the global financial architecture as the IMF and the World ... Read more...

Posted in Business |

Global economy recovering but reform consistency needed: IMF


April 25th, 2010 - 1:15 pm ICT by IANS
Washington, April 25 (IANS) With the global economy still not out of the woods after its worst crisis in decades, the IMF's policy steering committee urged a collaborative and consistent approach ... Read more...

Posted in Business |

India poised to grow at 8 percent, inflation worrisome


April 25th, 2010 - 12:09 am ICT by IANS
By Arun Kumar Washington, April 24 (IANS) Recovering rapidly from the global financial crisis, India is poised to grow at 8 percent this year, but inflation and excessive capital flows could pose ... Read more...

Posted in Business |

50 million diabetes cases projected this year: Azad


April 20th, 2010 - 8:27 pm ICT by IANS
New Delhi, April 20 (IANS) India is projected to have 50.7 million diabetes patients in 2010, Health Minister Ghulam Nabi Azad said Tuesday and informed that the centre has lined up a ... Read more...

Posted in Health |

India to get $4.78 bn in SDRs to battle recession


August 14th, 2009 - 11:20 am ICT by IANS
By Arun Kumar Washington, Aug 14 (IANS) India will get the equivalent of about $4.78 billion as its share of International Monetary Fund's (IMF) Special Drawing Rights (SDR) worth $250 billion to provide ... Read more...

Posted in Business |

India to get $4.78 bn SDRs to battle recession


July 21st, 2009 - 1:01 am ICT by IANS
By Arun KumarWashington, July 20 (IANS) India has been allocated the equivalent of about $4.78 billion as its share of International Monetary Fund's Special Drawing Rights (SDR) worth $250 billion announced Monday ... Read more...

Posted in Business |

China’s economy recovering, says central bank chief


April 26th, 2009 - 1:41 pm ICT by IANS
Washington, April 26 (Xinhua) China's central bank chief has said the country's economy has done better than expected in the wake of the ongoing economic slowdown. "Facing the impact of the financial crisis, ... 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 calls for ‘exit strategy’ as economic storm clearing


April 26th, 2009 - 7:08 am ICT by IANS
Washington, April 26 (DPA) The world's finance ministers and central bank heads have voiced a collective hope that the worst of a devastating global recession might be over, but were apparently divided ... Read more...

Posted in Business |

India demands greater voice in IMF for emerging economies


April 25th, 2009 - 11:53 pm ICT by IANS
By Arun Kumar Washington, April 25 (IANS) As the world grapples with the deepest recession since World War II, India has sought greater voice and representation for emerging and developing economies in a ... Read more...

Posted in Business |

India seeks empowered IMF to pave road to global recovery


April 25th, 2009 - 11:14 pm ICT by IANS
By Arun Kumar Washington, April 25 (IANS) India Saturday called for empowering the International Monetary Fund (IMF) with resources, better governance, greater accountability and a redefined mandate for orchestrating efforts to overcome the ... Read more...

Posted in Business |

Chidambaram seeks global consensus on price rise of food and oil


April 15th, 2008 - 6:52 pm ICT by admin
New Delhi, Apr.15 (ANI): Finance Minister P. Chidambaram on Tuesday said that the Indian Government is seeking a global consensus on spiralling prices of food and oil in many countries, saying ... Read more...

Posted in National |

India’s handling of inflation to be closely tracked


April 13th, 2008 - 11:51 am ICT by admin
By Arun Kumar Washington, April 13 (IANS) Faced with a slowing world economy and market turmoil, world financial leaders propose to closely follow how India tackles the problem of rising prices by balancing ... Read more...

Posted in Business |

India seeks more voice for emerging economies in IMF


April 12th, 2008 - 11:12 pm ICT by admin
By Arun Kumar Washington, April 12 (IANS) Indian Finance Minister P. Chidambaram Saturday sought periodic realignment of nations' votes in the International Monetary Fund (IMF) to reflect their changing economic weight. Addressing the ... Read more...

Posted in Business |

Subscribe