The International Monetary Fund has warned of significant risks to the world economy from the European debt crisis and excessive fiscal tightening in some rich nations, urging collective action to low

Europe won support from world leaders on Tuesday for an ambitious but slow-moving overhaul of the eurozone, even as pressure built in financial markets for quicker solutions to its debt crisis that th

After years of pressure to take a greater role in global affairs, China and India have stepped up by contributing to a new IMF emergency fund -- from which the United States is absent.

China, India a

After searching for months for cash, the IMF looks able to firm up a huge emergency 'firewall' fund for crisis prevention after China said on Sunday that big emerging economies would chip in.

A day b

India's economic woes have not gone out of hand in the wake of the slip in the GDP growth -- the lowest in nearly 9 years -- but there could be trouble if the Eurozone crisis is not quickly contain

President Barack Obama and Prime Minister Manmohan Singh have broad agreement on the steps that needs to be taken to spur the global economic growth, the White House has said ahead of the next week

Prime Minister Manmohan Singh on Saturday voiced concern that continuing problems in the eurozone will further dampen global markets and adversely impact India's own economic growth.

Singh also said

Finance Minister Pranab Mukherjee will skip the meeting of G-20 Ministers and governors of central banks in Mexico between February 24-26 as he is pre-occupied with his next Budget, sources said.

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The first ever meeting of G-20 foreign ministers would discuss pressing global issues including governance, trans-national crime, green growth, climate change and food security, US officials have said

Ahead of the G-7 summit in France this weekend, a senior US Treasury Official said on Wednesday that the meeting should be viewed as part of global efforts to bolster confidence and economic growth, w