IMF warns India of huge capital outflows when US hikes rate

Last Updated: Tuesday, March 17, 2015, 19:36

IMF chief Christine Lagarde Tuesday warned of a repeat of high market volatility and capital outflows when US Fed hikes rates next time and asked India and other emerging markets to be prepared for such an eventuality.

Emerging markets must prepare for US rate hike: IMF chief

Last Updated: Tuesday, March 17, 2015, 16:58

In a speech in Mumbai, Managing Director Christine Lagarde warned the so-called "taper tantrum" that slammed emerging markets in 2013 could be repeated.

India pitches for quota reforms at IMF, gets Christine Lagarde's backing

Last Updated: Monday, March 16, 2015, 22:56

As per the current quota system, the US has 17.69% while the voting right is 16.75%, followed by Japan - 6.56% with 6.23% voting share. India has a quota of 2.44%, with 2.34% voting right.

PM pitches for Indian as IMF Deputy MD; seeks greater presence

Last Updated: Monday, March 16, 2015, 21:53

Prime Minister Narendra Modi today pitched for a greater representation of Indians in top leadership positions at IMF, even as its chief Christine Lagarde hoped an Indian will "one day" head the global body.

PM Modi pitches for Indian as IMF Deputy MD; seeks greater presence

Last Updated: Monday, March 16, 2015, 21:42

PM Modi Monday pitched for a greater representation of Indians in top leadership positions at IMF, even as its chief Christine Lagarde hoped an Indian will "one day" head the global body.

India well prepared to deal with impact of US rate hike: IMF

Last Updated: Monday, March 16, 2015, 20:32

The Fed is widely expected on Wednesday to signal an increase in its low interest rates by June or September, a move that would result in flight of capital from emerging markets, including India.

For inclusive growth, make India safe for its 'daughters': IMF chief

Last Updated: Monday, March 16, 2015, 19:40

For an inclusive growth, India needs to give a level-playing field to women and make its 'daughters' feel safe, IMF Chief Christine Lagarde said Monday.

India's GDP will be bigger than Japan, Germany combined in 4 years: IMF

Last Updated: Monday, March 16, 2015, 19:17

The Indian economy, whose size is USD 2 trillion as of now, is poised to overtake the combined GDP of Japan and Germany in the next four years on the back of recent policy reforms and improved business confidence in the country, IMF chief Christine Lagarde said Monday.

IMF for greater say to India;US not ratifying reforms: Lagarde

Last Updated: Monday, March 16, 2015, 17:52

Pitching for greater say to India at the IMF, its chief Christine Lagarde today said the US is "not ratifying" the quota reforms that would facilitate larger roles of emerging economies at the multilateral institution.

IMF for greater say to India; US not ratifying reforms: Lagarde

Last Updated: Monday, March 16, 2015, 17:15

Pitching for greater say to India at the IMF, its chief Christine Lagarde Monday said the US is "not ratifying" the quota reforms that would facilitate larger roles of emerging economies at the multilateral institution.

India a bright spot on cloudy global horizon: Christine Lagarde

Last Updated: Monday, March 16, 2015, 13:01

She reiterate global growth forecast of 3.5 percent in 2015 and 3.7 percent in 2016. She also said that asynchronous policy shifts may lead to excessive volatility.

IMF supports tight stance of India's central bank

Last Updated: Monday, March 16, 2015, 11:17

The International Monetary Fund (IMF), ahead of its chief Christine Lagarde`s two-day India visit that began on Monday, has supported the tight monetary stance of the Reserve Bank of India (RBI) and says 5-percent inflation in the country was still high.