China's financial supervision has made significant progress but more efforts are needed to meet challenges ahead, the International Monetary Fund (IMF) said.

"Regulation and supervision of China's ba

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

The European Union expects leaders of the world's 20 biggest economies (G20) to agree to contribute more money to the IMF in April after Europe expanded its own bailout capacity, EU officials said on

Lawyers defending Dominique Strauss-Kahn against allegations he was involved in a French prostitution ring say he is being unfairly targeted for his active extramarital sex life and committed no crime

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

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

The International Monetary Fund (IMF) will allocate 28 billion euro (over $36 billion) to support Greece's economic programme over the next four years, the IMF has said.

The Washington-based fund sai

Even as overall growth in the G20 slowed in the fourth quarter of 2011, growth increased strongly in India and Indonesia, modestly in the United States, but slowed somewhat in China, according to the

India has become the fourth largest economy in the world due to a strong economic growth but still has a low per capita income, the Economic Survey revealed on Thursday.

"India has emerged as the fou

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