India fastest growing economy at 7.4% in 2018: IMF

Wed, 05/09/2018 - 08:28

United Nations, May 9, The International Monetary Fund (IMF) reaffirmed on Wednesday that India will be the fastest growing major economy in 2018, with a growth rate of 7.4 per cent that rises to 7.8 per cent in 2019 with medium-term prospects remaining positive.


Unexpected rise in inflation could unleash financial turmoil: IMF

Thu, 04/19/2018 - 03:58

Washington, April 19, The International Monetary Fund (IMF) on Wednesday warned that an unexpected rise in the US inflation, resulting from the aggressive fiscal stimulus launched by President Donald Trump, would cause significant global financial tensions forcing central banks around the world to respond firmly.


Modi meets CEOs at WEF, IMF reaffirms India's growth story

Tue, 01/23/2018 - 08:04

Davos, Jan 23 Prime Minister Narendra Modi on Monday held a roundtable meeting with the CEOs of top global companies before his keynote address at the plenary session of the World Economic Forum (WEF) here on Tuesday morning.


IMF views positive outlook for Chinese economy

Sat, 08/13/2016 - 13:06

Beijing, Aug 13 (IANS) China's near-term growth outlook has improved due to recent policy support but the country needs to rein in fast credit growth to ensure economic transition on a sustainable footing, the International Monetary Fund (IMF) has said.


'Pakistan does not need IMF support anymore'

Tue, 08/02/2016 - 08:40

Islamabad, Aug 2 (IANS) Pakistan Finance Minister Ishaq Dar has claimed that the country does not need support from the International Monetary Fund (IMF) anymore.


IMF keeps watch on Brexit, stands ready to offer support

Sat, 06/25/2016 - 05:58

Washington, June 25 (IANS) The managing director of the International Monetary Fund (IMF), Christine Lagarde, said on Friday that following the vote in favour of Britain's exit, or "Brexit", from the European Union, her organisation will keep watch on the outcome and is "ready to support" member countries in any financial difficulties they might come up against.