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Greece defaults on IMF payment despite last-minute overtures to creditors

11th-hour bid for an extension of its international bailout and a two-year funding and debt restructuring programme offered no concessions to creditors' demands for economic reforms Greece's......

Banks in India slow in passing on RBI rate changes: IMF Paper

Showing an anti-consumer bias in the Indian banks' approach on interest rates, a new International Monetary Fund study shows they are faster in effecting a hike in lending rates, but a rise in......

Greece imposes capital controls as crisis deepens

The impending default on the IMF loans leaves Greece sliding towards an exit from the euro, with unforeseeable consequences for Europe's common currency project.   Image: Anti-austerity......

IMF counters Rajan's Great Depression comment

With Reserve Bank of India’s Raghuram Rajan ringing alarm bells about the world economy facing the Great Depression-like problems, an International monetary Fund research paper has countered......

Rajan offers emerging economies the mantra for growth

Multilateral institutions like the IMF need to re-examine 'rules of the game' but central banks should not ignore international responsibilities despite their domestic mandates, RBI Governor......
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IMF

The International Monetary Fund (IMF) has defended its refusal to let Greece delay a payment, contending that agreeing to Athens's request would... ...

http://www.prokerala.com/news/articles/a564305.html
Last year, 78 countries defaulted on their debts

After five years of hunkering down, with the economy shrinking by a quarter, unemployment up at 27%, youth unemployment touching a shocking 51%,... ...

http://timesofindia.indiatimes.com/india/Last-year-78-countries-defaulted-on-their-debts/articleshow/47906905.cms
A Bankrupt Greece Struggles as Government Heads Toward Default

Greece Crisis: Pensioners waiting at a bank in Athens Athens, Greece: This is what it looks like when a country goes bankrupt. The Greek... ...

http://profit.ndtv.com/news/global-economy/article-a-bankrupt-greece-struggles-as-government-heads-toward-default-777374?pfrom=home-lateststories&trendingnow
Epic Research Special Stock Market News 02 July 2015

Asian stocks were subdued on Thursday as Greece's refusal to back down in a standoff with its creditors kept most markets on edge, while the... ...

http://pressreleaseping.com/epic-research-special-stock-market-news-%E2%80%9302-july-2015
Elephant in the room - money

A stable currency is a must for economic greatness. Therefore, striving countries should start by fixing their currencies to either the dollar or... ...

http://forbesindia.com/article/column/steve-forbes-elephant-in-the-room-money/40573/1

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