IMF arms itself with $430 billion new funding
The International Monetary Fund has almost doubled its 'fire power' to protect the world economy against deepening debt turmoil in Europe with the Group of 20 nations, including India, pledging $430 b
Lagarde assures IMF able to boost crisis funds
IMF head Christine Lagarde said on Thursday that the crisis lender would get a significant boost to its intervention capacity this week as worries mounted that Spain might be the next eurozone country
BRICS ready to flex muscles at G20 meet
China and other BRICS emerging economies are set to flex their muscles as the top finance officials of the G20 and the IMF meet Friday seeking to raise $400 billion to prevent financial contagion.
Ha
IMF funds drive caught in global power shift
Tensions among some of the world's leading economies have boiled up over a plan to raise new resources for the International Monetary Fund to contain the eurozone debt crisis, and a quest by emerging
IMF director says global recovery very fragile
The managing director of the International Monetary Fund (IMF) said on Tuesday that the global economy is making some advances in digging itself out of a punishing recession, but that the recovery rem
IMF chief Lagarde meets Pranab, discusses euro zone crisis
The International Monetary Fund (IMF) chief Christine Lagarde on Monday met Finance Minister Pranab Mukherjee and discussed the global economic situation, including the eurozone crisis.
"We particul
Global economy on recovery path, risks remain - IMF's Lagarde
The global economy has stepped back from the brink of danger and signs of stabilisation are emerging from the euro zone and the United States, but high debt levels in developed markets and rising oil
World Bank, IMF chiefs to visit India in March-end
Heads of the two most powerful banking institutions globally, the World Bank and the IMF are likely to be in India later in March amid an ongoing search process to finalise the name of the next Wor
New Delhi venue of IMF conference on India, China
The International Monetary Fund said it will host a high-level conference on India and China, to be held in New Delhi next week.
IMF managing director Christine Lagarde would be travelling to New De
World economy still in danger zone: IMF
Despite the improvement in indicators of global activities, the risks are latent and the world economy is still in 'the danger zone', International Monetary Fund (IMF) chief Christine Lagarde has said