Crude oil has fallen about 40 per cent since mid June and the price on Monday touched its lowest level since mid 2009 before US oil prices posted their biggest one-day gain in two years overnight.
Strong dollar will impact financial system in India.
Suggesting steps to boost the Indian economy, the IMF chief further said the government should focus on fiscal consolidation.
Lagarde had said an Indian could head IMF.
Prime Minister Narendra Modi is in Hamburg, Germany for the G20 summit and it seems that NaMo is on a spree -- of handshakes that is. From China's Xi Jinping to Canada's Justin Trudeau, the PM has met them all and it appears he's having a really good time.
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Female labour force participation in India is lower than many other EM economies.
The net worth of India's billionaire community has soared 12-fold in 15 years - enough to eliminate absolute poverty twice over in the country, where income inequality is also on the rise, according to the IMF.
The Sensex was mainly dragged by Tata Motors, ICICI Bank, Bharti Airtel and Reliance Industries -- shedding as much as 4.60 per cent.
Unabated buying by domestic institutional investors and wholesale price inflation falling to 2.60 per cent in September, helped both the key indices to scale new highs.
In advanced economies, growth is strongest in the United States, says IMF.
IMF expects growth to pick up to 7.2 per cent.
Meanwhile, the US refrained from making any comment on the move to set up the development bank aimed at reshaping the international financial system dominated by the West, saying that the details are yet to emerge.
IMF chief said the G20 leaders need to respond to the calls for creating jobs.
Early GST rollout to help create more jobs, boost output, says IMF.
Biden, who during his visit to India in 2013 had set the target of increasing the bilateral trade to $500 billion.
Wolfgang Schauble has done right by the Euro zone, but the Greeks believe that doesn't necessarily mean he has done right by them.
Global growth should have a large impact on the poor, says World Bank.
HSBC's Swiss bank routinely allowed clients to withdraw "bricks" of cash
Chinese Premier Premier Li Keqiang said world economic recovery should not be driven by mainly China, but in concert with many countries.
Kotak Mahindra Bank was the biggest gainer on both the indices, ending nearly 9 per cent higher following reports that Warren Buffett's Berkshire Hathaway Inc was planning to pick up stake in the private sector lender.
Sitharaman, a newcomer on the Forbes most powerful women list, is ranked 34th. The Forbes 2019 list of 'The World's 100 Most Powerful Women' has been topped by German Chancellor Angela Merkel, followed by President of the European Central Bank Christine Lagarde in the second spot and Speaker of the US House of Representatives Nancy Pelosi, ranked third. Also on the list is Bangladesh Prime Minister Sheikh Hasina (29).
The Pakistani PM believed New Delhi rebuffed his offer of talks because his country is an issue in the elections in the neighbouring country.
Reacting to Trump's latest move, China has vowed to immediately retaliate.
RBI will take a cue from the Fed policy statement.
Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.
A staggering $18 trillion worth unaccounted money is stashed in tax havens.
Christine Lagarde warned of a repeat of high market volatility.
She would be the first Indian to be occupying the coveted post at IMF after former RBI governor Raghuram Rajan
It was for the second time in recent days that Modi has touched upon issues relating to diversity and pluralism, as he faces criticism over the issue of intolerance in the country.
India's numbers have shown a reasonable amount of improvement.
The women on the 17th annual Forbes Power List hail from 30 countries and were born across four generations.
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The country has enough forex reserves to meet the demand.
Announcing her appointment, IMF Managing Director Christine Lagarde hailed the Mysore-born Gopinath as "one of the world's outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience".
The voting share of India in IMF would increase to 2.6 per cent from 2.34 per cent.
Almost every country in the world just signed on to the #ParisAgreement on climate change
Although the first woman to hold the position of chief economist at IMF, it would be wrong to see her appointment through the lens of gender
Tuesday's was the S&P's worst drop since August 24.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
China will also set up 50 joint laboratories with countries participating in the Belt and Road initiative to enhance cooperation on innovation.
We need to create collaborative and/or disruptive platforms like Uber and Airbnb in all sectors to ensure responsive and responsible inclusive growth, says C P Gurnani.
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