The International Monetary Fund (IMF) on Wednesday urged US lawmakers to raise America's borrowing limit.

It warned that inaction could lead to a spike in interest rates that would harm the US econo

France's Christine Lagarde was named Tuesday as the first-ever female chief of the IMF, faced with an immediate crisis as violent Greek protests rocked the stability of the eurozone.

The French finan

China on Wednesday welcomed the appointment of French finance minister Christine Lagarde as the new chief of the International Monetary Fund (IMF).

The United States formally offered its backing on Tuesday for French Finance Minister Christine Lagarde to take over the top job at the International Monetary Fund, ensuring a win for her over Mexico'

Former IMF chief Dominique Strauss-Kahn claimed diplomatic immunity when he was arrested by the police over the attempted rape of a hotel maid here, the American media reported.

The International Monetary Fund (IMF) on Friday projected the Indian economy will expand by 8.2 per cent in 2011, unchanged from its growth forecast made in April.

However, this is much lower than 10

Mexico's central bank chief Agustin Carstens on Friday said India had not committed to support his candidacy as head of the IMF, as officials in the Asian nation said they would make their choice late

The pullout of two dark-horse candidates left France’s Christine Lagarde and Mexico’s Agustin Carstens the only apparent competitors to head the IMF as nominations closed at midnight on Friday.

India’s finance minister said on Tuesday that the next head of the IMF should be picked on merit, not nationality, in a veiled criticism of Europe’s stranglehold on the position.

The chancellor of the University of Oxford, Lord Chris Patten, wants India’s Planning Commission deputy chairman Montek Singh Ahluwalia to be the next managing director of the International Monetary Fund (IMF).