The International Monetary Fund (IMF) Sunday approved a three-year, 30-billion-euro ($38-billion) loan to Greece, the IMF said at its headquarters in Washington.
BEIJING: IMF yesterday, said structural betterments that include GST and the other land reform zones will be the prominent factors to amplify the economic
The IMF today said it supports India's efforts to fight corruption through demonetisation, but noted that the transition needs to be managed "prudently" to minimise any disruption.
A report that the IMF would lend 600 billion Euros to debt-plagued Italy helped push the Hong Kong market sharply higher, although turnover remained weak.
Greece has reached an agreement with the International Monetary Fund (IMF) and the European Union (EU) on a $159 billion rescue package for the debt-laden country.
Even as inequality is getting worse in many countries, the rise of India and China has contributed to the decrease in global inequality, according to the International Monetary Fund (IMF).
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According to Richard Gibbs of Macquarie Securities reduced crude prices goes in favour of the Indian economy and gives RBI a scope for monetary accommodation Richard Gibbs Global HD, Macquarie More about the Expert Richard Gibbs, Global Head of Macquarie Securities is upbeat on India because he thinks there is room for structural expansion and the demand is much better than anywhere else in the world. According to him reduced crude prices goes in favour of the Indian economy and gives RBI a scope for monetary accommodation. It is also likely to produce some tailwind for the global economy. "It certainly provides latitude on the trade side but also in terms of the inflation side for the economy as well." The house remains a buyer on India. What is the sense you are getting. Are we now facing a fairly big challenge to global growth and therefore are risk assets going to head lower? A: I think the International Monetary Fund (IMF) is articulating that fairly well as we move into the IMF World Bank annual meeting in the next few days. It really is a case where the US is I suppose the best if you see IMF's parlance and that's for investors who have been searching for growth is a disappointment. So, now I suspect we are going to have people turning back towards in search for yield and that has become difficult as well with the expansion in quantitative easing measures around the world but most particularly by the European Central Bank of course. At the end of the day lower crude prices are probably growth positive and the issue there is whether they pertaining further disinflationary pressure/deflationary pressure in the major economies. Certainly for an economy like India, cooling in crude prices is a positive. It certainly provides latitude on the trade side but also in terms of the inflation side for the economy as well. It's a bit of a two-edged sword as I suppose in that sense but overall lower crude prices are likely to produce some tailwind for the global eco
Powered by strong domestic demand, the Chinese economy is likely to grow by 10 percent in 2010, the International Monetary Fund (IMF) said on Wednesday in Washington.
The International Monetary Fund (IMF) has stated that the goods and services tax (GST) collections in India have been below potential. The organization said that multiple rates along with exemptions and implementation challenges have affected the GST collections in India.
This week's IMF report on risks facing Chinese banks underlines concerns facing China stock investors, but is unlikely to have much effect on stocks prices.
Citing India and China's faster recoveries thanks to their strong trade linkages, the International Monetary Fund (IMF) has advised other emerging market economies (EMs) to similarly protect themselves from future shocks.
Stocks surged as much as 3 percent today after rumors that an IMF bailout gave investors some false optimism, but strong holiday sales helped to hold up the momentum.
The European Central Bank (ECB) and International Monetary Fund (IMF) stepped up pressure on Germany Wednesday to expedite a bailout for debt-stricken Greece, as signs emerged that Athens may need more money than first thought.
The Spain and its people have risen to a protest against the government which announced budget cut which is about 14% due to which Primary, secondary, colleges and universities have been affected. Therefore laying off and increase in the tuition fees was a natural phenomenon. All the teachers, staff, students and young parents which were affected by the cut down were encouraged to participate in the 'One Day Strike' in Madrid, Spain. The protestors wearing Green T-shirts, is a symbol of the rejection of José Ignacio Wert reforms and wants him to resign.
India's receipts from 'invisible' services continue to remain flat at $58.6 billion in the first quarter of April-June in current financial, whereas the payments towards those activities increased by 13.8% to $35.05 billion, showed a data by the Reserve Bank of India (RBI) on Monday
China and Hong Kong stocks rose for the second day in a row following big gains by Chinese stocks listed in the U.S. However, investors adopt a wait-and-see attitude on Europe.
An address by German Chancellor Angela Merkel and reports that unemployment has dropped to its lowest level since March of 2009 helped stocks finish their best week since 2008.