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BRICS bank: A giant step towards reforming the world system

The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual......

How BRICS bank can affect world economics and politics

Borrowing from BRICS bank will help India avoid other kinds of politics emanating from the West. Overall, the BRICS institutions will necessarily adopt alternative ways of doing things based on......

Rajya Sabha MP protests wrongful depiction of Indian map by WB

World Bank's wrongful depiction of Indian territories as part of Pakistan and China in a map has prompted an Indian lawmaker to lodge a strong protest. BJP Rajya Sabha MP Tarun Vijay, who lodged......

World Bank, IMF buildings could be terror targets:

The United States government on Monday warned of terrorist attacks aimed at specific targets in New YorkCity, Washington and Newark, which could include World Bank and International Monetary Fund......

Robust growth should have large impact on the poor: World Bank

Emphasising that policies need to be "people centric", top officials of global agencies on Friday said that robust growth should have a large impact on the poor and help in eradicating poverty.......

India is home to 1/3rd of the world's poor: IMF

India was home to about a third of the world's poor in 2011, according to a progress report on various social indicators from the World Bank and the International Monetary Fund (IMF), issued on......

IMF welcomes establishment of BRICS bank

The International Monetary Fund has welcomed the move to set up a new BRICS development bank stating that it is ready to work with the Bank's leadership. "I would like to congratulate you on......

Rajan criticises IMF, World Bank

Reserve Bank Governor Raghuram Rajan criticised multilateral institutions like the IMF and the World Bank saying "they are not immune to cognitive capture".Rajan, who himself had a stint as the......

IMF, WB unduly pessimistic; growth to exceed 5%: Rangarajan

Rejecting IMF and World Bank's "unduly" pessimistic projections, Prime Minister's key economic advisory council chairman C Rangarajan on Thursday exuded confidence that the growth would be......
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Will the elephant overshadow the dragon?

Now that the World Bank, the International Monetary Fund (IMF), and others have predicted that India's growth rate will overtake China's within the... ...

http://www.livemint.com/Opinion/pj4cBThvnsqVASMOFGtNBJ/Will-the-elephant-overshadow-the-dragon.html
Obama names Indian American investor as IMF director

President Barack Obama has nominated Sunil Sabharwal, an independent Indian American investor in the payments sector, as US Alternate Executive... ...

http://www.deccanherald.com/content/463597/obama-names-indian-american-investor.html
China lowers growth goal to about 7%, flags more headwinds

China will aim to keep the urban unemployment rate under 4.5%, expand M2 money supply by about 12%, and target trade growth of about 6% this year.... ...

http://www.livemint.com/Politics/vknWgOgUCBzWl9HCklIOdN/China-lowers-growth-goal-to-about-7-flags-more-headwinds.html
Shock therapy

Since the start of this year, Europe has suffered two painful reality checks; first, the murder of several Charlie Hebdo journalists, and then the... ...

http://www.telegraphindia.com/1150305/jsp/opinion/story_6905.jsp
IMF rules out fresh bailout for Sri Lanka

Pic Courtesy: - The IMF on Wednesday ruled out a fresh bail-out for Sri Lanka, which had hoped to secure loans of more than $4.0 billion to... ...

http://zeenews.india.com/business/news/international/imf-rules-out-fresh-bailout-for-sri-lanka_120224.html

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