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New RBI chief Rajan has big tasks at hand

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Mumbai: As the 23rd  governor-designate of the Reserve Bank of India, Raghuram Rajan — a former IMF chief economist and presently chief economic advisor to the government — is an X factor. There is a

My political career is over: Strauss-Kahn

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Moscow: Former IMF chief Dominique Strauss-Kahn declared in an interview broadcast on Wednesday on Russian television that his political career was over and he was instead working as an economic advi

India growth projections marginally downgraded by IMF

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Washington: Revising its economic outlook, International Monetary Fund (IMF) on Tuesday marginally brought down India's growth rate projections to 5.6 per cent for this fiscal and 6.3 per cent for th

No Strauss-Kahn deal with maid yet: Lawyer

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Dominique Strauss-Kahn, the disgraced former IMF chief, has discussed a settlement with a Manhattan maid accusing him of sexual assault, but has not reached a deal, his lawyers said on Friday.

"The p

Eurozone, IMF reach deal to reduce Greek debt

The 17 European Union nations that use the euro have struck an agreement with the International Monetary Fund on a programme to reduce Greek debt and put Athens on the way to get the next instalment o

High commodity prices risk to India's growth, inflation: FM


Expressing concern over uncertainty in global economy, Indian Finance Minister P Chidambaram said
high commodity prices, particularly energy prices, pose a major risk to the country's growth and infla

IMF lowers India's growth forecast for 2012-13


The International Monetary Fund has lowered India's economic growth forecast by 1 per cent to 5-6 per cent for 2012-13.

The IMF in its latest World Economic Outlook report said, "Growth in India is p

IMF cuts India growth forecast to 6% for 2013


The International Monetary Fund will lower its forecasts for global economic growth to 3.3 per cent in 2012 and 3.6 per cent in 2013 from earlier forecasts of 3.4 per cent and 3.9 per cent respectivel

IMF backs Draghi; says Spain, Italy have done enough


The International Monetary Fund on Sunday strongly backed the European Central Bank's plan to staunch the eurozone debt crisis with unlimited bond purchases, saying it was ready to get involved in des

India appoints ex-IMF economist Rajan as top adviser: Sources


India has appointed Raghuram Rajan, the outspoken former chief economist to the International Monetary Fund who is critical of the government's economic management, as its top adviser at the finance m

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.