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Gender parity in workforce can boost India's GDP by 27%: Christine Lagarde

Last Updated: Sunday, September 6, 2015, 19:22

India's GDP can expand by a whopping 27 percent if the number of female workers increases to the same level as that of men, International Monetary Fund's chief Christine Lagarde said Sunday.

IMF official warms to interim deal to boost emerging markets role

Last Updated: Saturday, September 5, 2015, 09:19

A compromise deal on reforms to give emerging markets greater influence at the International Monetary Fund is increasingly likely, a key official said on Friday, weeks before a deadline for U.S. action expires.

IMF says Fed `can hold off` on interest rate rise

Last Updated: Thursday, September 3, 2015, 21:10

The International Monetary Fund said Thursday that the Federal Reserve has the room to hold off from raising interest rates for the moment amid a "pretty bumpy" global economic situation.

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.

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.

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.

IMF official says "premature" to speak of Chinese crisis

Last Updated: Saturday, August 22, 2015, 22:38

China`s economic slowdown and a sharp fall in its stock market herald not a crisis but a "necessary" adjustment for the world`s second biggest economy, a senior International Monetary Fund official said on Saturday.

Greece to receive 23 bn euro cash injection ahead of key repayment

Last Updated: Thursday, August 20, 2015, 09:56

Greece is set to receive the first instalment of its third multi-billion-euro bailout Thursday, just as a key repayment to the European Central Bank falls due.

IMF extends SDR update as eyes inclusion of China`s yuan

Last Updated: Wednesday, August 19, 2015, 22:52

The IMF said Wednesday that it had extended by nine months the scheduled revision of its elite currencies basket, giving more time for adjustment to the potential inclusion of China`s yuan.

Greek PM faces revolt after eurozone approves huge bailout

Last Updated: Saturday, August 15, 2015, 19:15

Greek Prime Minister Alexis Tsipras was Saturday battling a major revolt amongst members of his radical-left party who oppose the third huge bailout for the crisis-hit country.