News for 'Monetary Fund'

Imran seeks better ties with US, retracts 'American plot behind ouster' claim

Imran seeks better ties with US, retracts 'American plot behind ouster' claim

Rediff.com14 Nov 2022

In an interview with the Financial Times following an assassination attempt this month, Khan said he no longer 'blamed' the US and wants a 'dignified' relationship if re-elected.

US court rejects appeal, Strauss-Kahn free

US court rejects appeal, Strauss-Kahn free

Rediff.com24 Aug 2011

A judge had earlier dismissed all charges against Strauss-Kahn, who was accused of forcing the maid into a sex act at a luxury Manhattan hotel, but her lawyers had filed an appeal to a higher court seeking a special prosecutor, the report added.

Two-speed global recovery may continue in '11: IMF

Two-speed global recovery may continue in '11: IMF

Rediff.com31 Dec 2010

Some emerging nations like India and China, however, are also facing the challenges of huge capital inflows and overheating.

IMF chief lauds handling of capital inflows

IMF chief lauds handling of capital inflows

Rediff.com3 Dec 2010

International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn today commended India's role in managing capital inflows, which have already crossed $50 billion this year--about 4 per cent of the country's Gross Domestic Product (GDP).

Strauss-Kahn case:Defamation suit against US daily

Strauss-Kahn case:Defamation suit against US daily

Rediff.com6 Jul 2011

The suit also said that The Post ran the stories 'in a desperate attempt to bolster' its sales.

Strauss-Kahn to sue French writer over rape charge

Strauss-Kahn to sue French writer over rape charge

Rediff.com5 Jul 2011

Former International Monetary Fund chief Dominique Strauss-Kahn facing sexual assault charges in New York will sue a French writer, who has accused him of attempted rape, for 'slanderous denunciation'.

Pranab congratulates Christine Lagarde

Pranab congratulates Christine Lagarde

Rediff.com29 Jun 2011

Finance Minister Pranab Mukherjee on Tuesday congratulated French Finance Minister Christine Lagarde on her appointment as the new Managing Director of the International Monetary Fund.

India's forex kitty continues to swell, crosses $406.7 bn

India's forex kitty continues to swell, crosses $406.7 bn

Rediff.com30 Mar 2019

The reserves had touched a life-time high of $426.028 billion in the week to April 13, 2018.

India's forex reserves up $2.263 billion to $353.069 billion

India's forex reserves up $2.263 billion to $353.069 billion

Rediff.com16 Oct 2015

The gold reserves remained unchanged at $18.151 billion.

Mexican bank head seeks support for IMF post

Mexican bank head seeks support for IMF post

Rediff.com9 Jun 2011

Mexican bank head seeks support for IMF post.

Cash-strapped Pak thanks Saudi Prince for US$ 4.2 billion aid

Cash-strapped Pak thanks Saudi Prince for US$ 4.2 billion aid

Rediff.com27 Oct 2021

Saudi Arabia has agreed to provide US$ 4.2 billion worth of assistance to cash-strapped Pakistan to support its economy, it emerged on Wednesday after Prime Minister Imran Khan held talks with Saudi Prince Mohammad bin Salman in Riyadh this week.

India has no plans to curb foreign capital flows: Pranab

India has no plans to curb foreign capital flows: Pranab

Rediff.com8 Oct 2010

'The inflow of FII or FDI has not distorted the market sentiments and therefore there is no question of putting any curbs.'

Be in touch with nations: India tells IMF

Be in touch with nations: India tells IMF

Rediff.com1 Jun 2011

Besides French Finance Minister Lagarde, seen as a strong candidate, there are four to five other aspirants in the race for the post vacated by Dominique Strauss-Kahn.

Global financial system needs more reforms: IMF

Global financial system needs more reforms: IMF

Rediff.com4 Oct 2010

The global financial system needs more regulatory reforms to reduce the possibility of another meltdown, according to experts at International Monetary Fund.

IMF head unlikely to be from developing world

IMF head unlikely to be from developing world

Rediff.com27 May 2011

Ground reality suggests that someone from the developing world does not stand a chance to emerge victorious.

All about the war over IMF chief's post

All about the war over IMF chief's post

Rediff.com27 May 2011

The scramble for International Monetary Fund managing director's chair has escalated into a war of sorts with developing nations calling for a change in the power equation.

IMF to run financial health check up of India

IMF to run financial health check up of India

Rediff.com28 Sep 2010

The review will now make it mandatory for the world's top 25 financial economies to undergo IMF's surveillance. The check-up was earlier voluntary in nature.

Who will head IMF now?

Who will head IMF now?

Rediff.com23 May 2011

One of the names proposed by the dailies is India's Planning Commission Deputy Chairman, Montek Singh Ahluwalia.

India's forex reserves dip to $302 billion

India's forex reserves dip to $302 billion

Rediff.com26 Dec 2011

India's foreign exchange reserves nearly hit a nine-month low and fell by $5 billion to $302 billion for the week ended December 16, on account of revaluation in foreign currency assets.

Pakistan pumps extra Rs 110 bn for defence

Pakistan pumps extra Rs 110 bn for defence

Rediff.com23 Sep 2010

The allocations for military have been made while outlays on the development and non-development budgets have been slashed by 50 per cent and 20 per cent respectively to create fiscal space for rehabilitating the flood-affected population.

Photos: Who among these will head the IMF now?

Photos: Who among these will head the IMF now?

Rediff.com19 May 2011

Dominique Strauss-Kahn, the head of the International Monetary Fund, who has been charged with a criminal sex act and is under arrest in the United States, has resigned from his position, leaving the global financial body to hunt for a new chief.

IMF chief on suicide watch in jail: report

IMF chief on suicide watch in jail: report

Rediff.com18 May 2011

International Monetary Fund chief Dominique Strauss-Kahn, who is facing damaging allegations of sexually assaulting a hotel maid, has been put on suicide watch by prison authorities who fear he may try to kill himself.

Molested maid picks out IMF chief in police line-up

Molested maid picks out IMF chief in police line-up

Rediff.com16 May 2011

Strauss-Kahn allegedly sexually assaulted the 32-year-old maid, who happened to be in his $3,000 a night suite at the Hotel Sofitel in Times Square on Saturday afternoon, thinking it was empty.

JP Morgan's inclusion of India to emerging market debt index may boost G-secs

JP Morgan's inclusion of India to emerging market debt index may boost G-secs

Rediff.com24 Oct 2023

India's inclusion in JP Morgan's bond index can channel billions of dollars into India. How will the government securities market handle it?

PM to reallocate finance ministry work soon

PM to reallocate finance ministry work soon

Rediff.com29 Jun 2012

PMO joint secretary Subrahmanyam to play a key ro#8804 full-time finance minister likely before October

When will India be a $5 trillion economy? Not before FY29, says IMF

When will India be a $5 trillion economy? Not before FY29, says IMF

Rediff.com10 May 2022

The wait for India to become a $5-trillion economic powerhouse by 2024-25 (FY25) is going to take longer than what the finance ministry had originally intended, according to the International Monetary Fund (IMF). The vision will instead be achieved in 2028-29 (FY29), reveals the IMF data, illustrating a four-year delay. Chief Economic Advisor (CEA) V Anantha Nageswaran had in February said India would become a $5-trillion economy by 2025-26 or the following year, on the back of 8-9 per cent sustained growth rate in real gross domestic product (GDP). However, the IMF data conveys that the economy will be $4.92 trillion in FY28, clearly alluding to the fact that the target will be realised in FY29.

Global growth still vulnerable to shocks: IMF

Global growth still vulnerable to shocks: IMF

Rediff.com11 Dec 2009

Cautioning that economic recovery remains tentative, the International Monetary Fund has said global growth is still prone to new "shocks".

IMF predicts 6.7% growth for India

IMF predicts 6.7% growth for India

Rediff.com21 Mar 2005

'Pakistan should remain on a ventilator'

'Pakistan should remain on a ventilator'

Rediff.com17 May 2023

'A stable and strong Pakistan with an anti-India mindset and hatred is not good for us.'

Is Raghuram Rajan Right Or Wrong?

Is Raghuram Rajan Right Or Wrong?

Rediff.com17 Mar 2023

'We should look at is full year's growth rather than quarter numbers.'

World Bank stops all projects in Russia, Belarus with 'immediate effect'

World Bank stops all projects in Russia, Belarus with 'immediate effect'

Rediff.com3 Mar 2022

The World Bank has announced that it will stop all its programmes in Russia and Belarus with "immediate effect" in response to Moscow's military operations in Ukraine and "hostilities" against the people of the war-torn country. On February 24, Russian forces launched military operations in Ukraine, three days after Moscow recognised Ukraine's breakaway regions - Donetsk and Luhansk - as independent entities. The decision comes as a large number of countries, organisations and businesses are severing ties and have imposed sanctions on Russia over the country's invasion of Ukraine, and with Belarus for its support and cooperation with Moscow.

India overheating! IMF lowers growth forecast

India overheating! IMF lowers growth forecast

Rediff.com12 Apr 2011

"The challenge for many emerging and some developing economies (is) to ensure that present boom-like conditions do not develop into overheating over the coming year," the IMF said in its World economic Outlook report.

Greece starts repaying debt to ECB, IMF

Greece starts repaying debt to ECB, IMF

Rediff.com20 Jul 2015

The country secured a euro 7.16 billion bridge financing from the European Financial Stability Mechanism

Greek solution shouldn't hit developing world: PM

Greek solution shouldn't hit developing world: PM

Rediff.com4 Nov 2011

Prime minister bats for common standards to be implemented in all jurisdictions.

'Better India-Pak trade will be win-win for all'

'Better India-Pak trade will be win-win for all'

Rediff.com17 Oct 2011

Pakistan is not raising revenues to the optimum extent. The tax to the GDP ratio is below 10 per cent.

'Pak not normal, present situation is worrying'

'Pak not normal, present situation is worrying'

Rediff.com29 Jun 2010

Expressing concern over the current situation in Pakistan, IMF Managing Director Dominique Strauss-Kahn, told a group of media persons that he does not consider Pakistan as a "normal country or an easy country" under the present circumstances.

Borrowers will soon be able to switch to fixed-rate regime: RBI

Borrowers will soon be able to switch to fixed-rate regime: RBI

Rediff.com10 Aug 2023

The Reserve Bank on Thursday said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate. Unveiling the bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said under the framework, to be put in place shortly, the lenders will have to clearly communicate with the borrowers about tenor and EMI. "The supervisory reviews undertaken by the Reserve Bank and the feedback and references from members of public have revealed several instances of unreasonable elongation of tenor of floating rate loans by lenders without proper consent and communication to the borrowers," he said.

IMF goofed up in Argentina: Montek

IMF goofed up in Argentina: Montek

Rediff.com3 Aug 2004

Think out of box to handle crisis, FM tells world leaders

Think out of box to handle crisis, FM tells world leaders

Rediff.com26 Sep 2011

"There are indications that the world could be engulfed in another economic crisis, with serious repercussions for the poor and vulnerable. In such circumstances, we need to be prepared to think out of the box and reflect on what are the important issues the World Bank should be addressing," Finance Minister Pranab Mukherjee said in Washington.