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IMF says near-term growth prospects remain favourable in India

Last Updated: Thursday, September 3, 2015, 08:29

Near-term growth prospects remain favourable in India but some macroeconomic imbalances still exist, International Monetary Fund said today ahead of the meeting of finance ministers from G-20 countries in Turkey.

Near-term growth prospects remain favourable in India: IMF

Last Updated: Thursday, September 3, 2015, 08:20

Global growth in the first half of 2015 was lower than in the second half of 2014, reflecting a further slowdown in emerging economies and a weaker recovery in advanced economies.

MFs buy shares worth Rs 10,533 cr in Aug, but FPIs hit exits

Last Updated: Wednesday, September 2, 2015, 16:08

Mutual fund managers continued their shopping spree in August purchasing shares worth a staggering Rs 10,533 crore even though overseas investors pulled out a record money from the stock market.

DLF enters into JV with Singapore's GIC

Last Updated: Wednesday, September 2, 2015, 10:54

DLF further said: "GIC will invest a sum of approximately Rs 1,990 crore. The JV is expected to benefit from GIC's experience of investing in integrated developments across the globe."

Don't make these mistakes if you are planning for retirement

Last Updated: Wednesday, September 2, 2015, 10:02

If you are planning for your retirement, it is advisable that you keep the following things in mind and don't make these mistakes.

Emerging economies must be vigilant over China slowdown: IMF

Last Updated: Tuesday, September 1, 2015, 20:29

The International Monetary Fund managing director Christine Lagarde Tuesday warned that greater resilience would be needed from the world's emerging economies to handle China's slowdown, warning the road ahead could be "somewhat bumpy".

IMF, World Bank to hold 2018 annual meetings in Bali

Last Updated: Tuesday, September 1, 2015, 18:58

The International Monetary Fund and the World Bank said Tuesday they would hold their 2018 annual meetings on the Indonesian island of Bali.

Centre releases Rs 2,000 cr for Employees' Pension Scheme

Last Updated: Monday, August 31, 2015, 19:11

Centre has released Rs 2,000 crore to Employees' Pension Scheme as its contribution for the year 2015-16, Minister of State for Labour and Employment Bandaru Dattatreya said Monday.

Amtek Exposure: JPMorgan MF restricts redemption in schemes

Last Updated: Monday, August 31, 2015, 18:24

JP Morgan Mutual Fund has restricted redemptions from two of its debt schemes - Short Term Income Fund and India Treasury Fund -- a move that may severely impact its investors.

MF mangers' buys shares worth Rs 9,500-cr in August

Last Updated: Sunday, August 30, 2015, 15:16

This was higher than Rs 5,442 crore pumped into the equity markets last month.

IMF's Lagarde says restructuring should suffice for Greek debt

Last Updated: Saturday, August 29, 2015, 18:45

A form of debt restructuring rather than outright forgiveness should enable Greece to handle its "unviable" debt burden, the head of the International Monetary Fund was quoted as telling a Swiss newspaper.

Brookfield buys nine projects from Gammon Infra for Rs 6,750 crore

Last Updated: Saturday, August 29, 2015, 10:41

Gammon Infrastructure has sold stake in 9 projects valued at Rs 6,750 crore to Brookfield and Core Infra India Fund, a deal that will fetch Rs 563 crore as well as reduce its debt by Rs 1,718 crore.