Led by China, emerging economies pledged huge sums to the International Monetary Fund's global firewall on Monday, helping it raise $456 billion in resources as the eurozone crisis rages.

In a clear

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

French prosecutors said on Friday they are examining witness testimony that suggests disgraced former IMF chief Dominique Strauss-Kahn took part in a gang rape at a sex party in Washington DC.

Straus

International Monetary Fund (IMF) on Friday blamed concerns over governance for affecting the business sentiments in India and called for renewed efforts to revive flagging structural reform agenda in

Cautioning that governance concerns have weakened business sentiment in the country, the IMF on Friday lowered India's growth projection to 6.9 per cent for 2012.

The International Monetary Fund

The head of the International Monetary Fund on Sunday renewed a push to fully fund a $17 billion lending package for poor countries, which are threatened by high oil prices and the risk of eurozone co

Fresh from a big victory in raising $430 billion for the International Monetary Fund, Christine Lagarde's tougher test as head of the global lender will be finding a way to give emerging economies mor

India and other members of BRICS grouping have agreed to establish a task force to come up with recommendations to set up a developmental bank, a move that has received 'good vibrations' from the W

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

Expressing its disappointment at the pace of reform on quota and governance issues in the International Monetary Fund (IMF), India has said that a dynamic reform process is necessary to ensure IMF's l