IMF pares India’s growth to 6.1 percent
July 16th, 2012 - 8:37 pm ICT by IANS
Washington, July 16 (IANS) With global recovery weakening further, the International Monetary Fund (IMF) has marginally reduced India's growth projections from 6.8 percent to 6.1 percent for 2012 ... Read more...
Posted in World |
IMF arms itself with $430 bn new funding
April 21st, 2012 - 10:20 am ICT by IANS
Washington, April 21 (IANS) The International Monetary Fund has almost doubled its "fire power" to protect the world economy against deepening debt turmoil in Europe with the Group of 20 ... Read more...
Posted in Uncategorized |
Eurozone to lend 150 bn euros to IMF
December 20th, 2011 - 3:15 pm ICT by IANS
Brussels, Dec 20 (IANS) Eurozone countries Monday have agreed to channel 150 billion euros (about $195 billion) to the International Monetary Fund (IMF) to boost a firewall against the debt ... Read more...
Posted in Business |
BRICS source of stability in time of recession: PM
December 15th, 2011 - 3:29 pm ICT by IANS
New Delhi, Dec 15 (IANS) Ahead of the BRICS (Brazil, Russia, India, China and South Africa) summit New Delhi will host next year, Prime Minister Manmohan Singh has said ... Read more...
Posted in Business |
IMF urges global financial regulatory reforms
September 21st, 2011 - 9:44 pm ICT by IANS
Washington, Sep 21 (IANS) Emerging economies should limit the build-up of financial imbalances to maintain resilience to future financial shocks as financial stability risks have risen sharply in recent months, ... Read more...
Posted in World |
India, Brazil attract largest equity inflows: IMF
April 13th, 2011 - 8:18 pm ICT by IANS
Washington, April 13 (IANS) India and Brazil attracted the largest equity inflows to emerging markets as global financial stability improved over the last six months but fragilities remain, according to ... 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 |
Manmohan Singh reaches Seoul for G20 Summit (Second Lead)
November 10th, 2010 - 9:35 pm ICT by IANS
By Arvind Padmanabhan
Seoul, Nov 10 (IANS) Prime Minister Manmohan Singh arrived here Wednesday on a three-day visit to attend the G20 Summit, the top forum on the global financial system ... Read more...
Posted in Business |
Manmohan Singh reaches Seoul for G20 Summit
November 10th, 2010 - 6:22 pm ICT by IANS
Seoul, Nov 10 (IANS) Prime Minister Manmohan Singh arrived here Wednesday on a three-day visit to attend the G20 Summit, the top forum on the global financial system that seeks to ... Read more...
Posted in Business |
Manmohan Singh leaves for Seoul G20 Summit with new vision (Second Lead)
November 10th, 2010 - 11:50 am ICT by IANS
New Delhi, Nov 10 (IANS) Prime Minister Manmohan Singh left for Seoul for the 5th G20 Summit Wednesday where he will not only articulate India's new vision on global financial stability ... Read more...
Posted in Business |
Manmohan Singh leaves for G20 Summit in Seoul (Lead)
November 10th, 2010 - 11:17 am ICT by IANS
New Delhi, Nov 10 (IANS) Prime Minister Manmohan Singh Wednesday left for Seoul to attend the 5th G20 Summit where he will meet his host, South Korean President Lee Myung-bak, apart ... Read more...
Posted in Business |
Manmohan Singh leaves for G20 Summit in Seoul
November 10th, 2010 - 9:45 am ICT by IANS
1ap10Subject:MESSAGE & STORIES ON G20 VISIT:Dear all,I leave at around 9 am Wednesday for the G20 Summit in Seoul. I am sending the following three stories - one to be ... Read more...
Posted in Uncategorized |
US supports India as global power: Obama (Lead)
November 8th, 2010 - 8:57 pm ICT by IANS
New Delhi, Nov 8 (IANS) US President Barack Obama Monday said he sees India as USA's equal partner not just for mutual but global benefit and called for an end to ... Read more...
Posted in Business |
India likely to stress on holding dialogue to resolve currency war at G-20
October 22nd, 2010 - 11:16 pm ICT by ANI
Gyeongju (South Korea), Oct.22 (ANI): India is expected to press for intensive engagement to amicably resolve the currency war at the G-20 meeting of finance ministers beginning at Gyeongju, South Korea ... Read more...
Posted in World |
India pushes for IMF reforms amid fragile recovery
October 10th, 2010 - 1:51 am ICT by IANS
By Arun Kumar
Washington, Oct 10 (IANS) India has again pressed for organisational and governance reforms in the International Monetary Fund (IMF) in a "fragile phase of repair and rebuilding" after the ... Read more...
Posted in Business |
Mounting debt poses new threat to global recovery: IMF
April 20th, 2010 - 10:26 pm ICT by IANS
By Arun Kumar
Washington, April 20 (IANS) The sharp rise in government debt in the developed world during the economic crisis has helped create what the International Monetary Fund says is the newest ... Read more...
Posted in Business |
IMF warns emerging powers of asset bubbles
April 20th, 2010 - 9:42 pm ICT by IANS
Washington, April 20 (DPA) The International Monetary Fund (IMF) Tuesday urged developing powers in Asia and Latin America to guard against the kinds of asset bubbles that caused wealthier economies to plunge ... Read more...
Posted in Business |
Financial stability has improved but new challenges ahead: IMF
January 27th, 2010 - 1:14 pm ICT by IANS
By Arun Kumar
Washington, Jan 27 (IANS) The global economy is at last emerging out of the crisis with financial markets rebounding after the collapse of Wall Street investment firm Lehman Brothers ... Read more...
Posted in Business |
Financial stability improves, but IMF sees fresh challenges
January 26th, 2010 - 11:19 pm ICT by IANS
By Arun Kumar
Washington, Jan 26 (IANS) The global economy is at last shaking off the financial crisis, the IMF says, noting that financial markets have rebounded since the lows following the ... Read more...
Posted in Business |
Global financial stability improves, but risks of reversal high: IMF
September 30th, 2009 - 1:32 pm ICT by IANS
By Arun Kumar
Washington, Sep 30 (IANS) Global financial stability has improved following unprecedented policy actions and signs of economic recovery, but overall risks remain elevated and the risk of reversal remains significant, ... 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 |
Challenges to restoring financial stability remain: IMF
April 21st, 2009 - 9:14 pm ICT by IANS
By Arun Kumar
Washington, April 21 (IANS) Warning that significant challenges to restoring financial stability remain despite an unprecedented policy response to the global economic crisis, the International Monetary Fund (IMF) has called ... Read more...
Posted in Business |
IMF fund to combat money laundering, terrorism financing
April 2nd, 2009 - 10:28 am ICT by IANS
Washington, April 2 (IANS) The International Monetary Fund (IMF) will launch a donor-supported trust fund to finance technical assistance in Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT).
The Multi-Donor Trust Fund ... Read more...
Posted in Business |
Greater voice for emerging economies in IMF mooted
March 27th, 2009 - 1:37 pm ICT by IANS
By Arun Kumar
Washington, March 27 (IANS) An expert committee has suggested greater representation of emerging market economies in a package of measures to make the International Monetary Fund (IMF) more effective in ... Read more...
Posted in Business |
India’s growth will retard, debate only over quantum (Roundup)
January 29th, 2009 - 8:44 pm ICT by IANS
New Delhi, Jan 29 (IANS) Leading think tanks, institutions and policymakers Thursday came out with their own projections of India's growth rate but with one common thread - the country's economic expansion ... Read more...
Posted in Uncategorized |
IMF lowers India growth to 5 percent as global economy plummets
January 29th, 2009 - 10:29 am ICT by IANS
Washington, Jan 29 (IANS) The International Monetary Fund (IMF) has lowered India and China's growth projections for 2009 to 5 percent and 6.75 percent respectively as it forecast world growth falling to ... Read more...
Posted in World |
India has stake and role in global financial stability: PM (Lead)
November 13th, 2008 - 7:59 pm ICT by IANS
New Delhi, Nov 13 (IANS) India has vital stake and a role to play in the global economic stability, Prime Minister Manmohan Singh said Thursday as he left for the US capital ... Read more...
Posted in Business |
China considering attending G20 summit on financial crisis
October 23rd, 2008 - 6:54 pm ICT by IANS
Beijing, Oct 23 (Xinhua) China is "actively considering" attending a summit meeting of the Group of 20 developed and emerging countries (G20) on the global financial crisis, a foreign ministry spokesman said ... Read more...
Posted in Business |
India, China not immune to world slowdown: IMF
April 11th, 2008 - 10:44 am ICT by admin
By Arun Kumar
Washington, April 11 (IANS) Despite resilient growth, India, China and other emerging economies would not be insulated from a "serious slowdown in economic growth" in the developed world, says the ... Read more...
Posted in World |
IMF warns of near-trillion-dollar loss in financial crisis
April 9th, 2008 - 3:22 am ICT by admin
DPA
Washington, April 9 (DPA) Financial institutions could suffer losses as high as $945 billion from the ongoing credit crisis, according to a gloomy forecast by the International Monetary Fund Tuesday that far ... Read more...
Posted in World |
Immediate action needed to counter credit crisis: IMF
April 9th, 2008 - 12:09 am ICT by admin
DPA
Washington, April 8 (DPA) Banks should disclose all looming writedowns and new risk management strategies as soon as possible to quell market fears amid an ongoing crisis in the global financial sector, ... Read more...
Posted in World |