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Greece, Greece banks, IMF, IMF greece, EU, EU greece, Greece banks closure, European Union, Greece protests, Greece economy, Greece ATM limits, Greece limits withdrawals, Greece ATM withdrawals, Greece banks shut, European central bank, Greece loans, economy Greece, europe news, economy news, world news, indian express news

EU, IMF heap pressure on Greece days ahead of crucial vote

The bleak picture came as Greek Finance Minister Yanis Varoufakis warned the government “may very well” resign if Greeks spurn its call to vote “No”.

Nepal, Nepal earthquake, earthquake nepal, earthquake, nepal aid, nepal relief, IMF, International Monetary Fund, IMF nepal, World News

Fighting income inequality: How India’s policies stack up against IMF’s prescription

The IMF paper notes that governments in emerging market economies need to push such efforts at inclusion to make a dent in inequality.

Greece, Greece debt crisis, Greece financial crisis, Greece banks, Greek PM Alexis Tsipras, Greece banks closure, Greece protests, Greece economy, Greece ATM limits, Greece limits withdrawals, Greece ATM withdrawals, Greece banks shut, European central bank, Greece loans, economy Greece, europe news, economy news, world news, indian express news

Greece defaults on IMF payment despite last-minute overtures to international creditors

Greece has received nearly 240 billion euros from the European Union and IMF since 2010. The money has allowed it to stay afloat but at a high cost to its population, which has absorbed cuts to pensions, wages and public services.

aiib, world bank, imf, Asian Infrastructure Investment Bank, bretton wood, investment, india banking, india bank, business news

Post AIIB, India to reduce banking on World Bank infra arm

By contrast the AIIB has been fast. The Bank, to be headquartered in Beijing, is expected to be operational by next year.

Dominique Strauss-Kahn, Strauss-Kahn sex scandal, IMF chief sex scandal, strauss kahn trial, trial strauss kahn, IMF chief scandal, Strauss Kahn sex scandal, sex scandal straus kahn, france news, IMF, Europe News, World News

Former IMF chief Strauss-Kahn acquitted of pimping charges

Chief judge ruled that the accused Strauss-Kahn was not the “instigator” of orgies attended by prostitutes but merely the “beneficiary of group sex”.

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Greece at odds with lenders as bankruptcy closes in

Greece has a little more than 300 million euros to pay to the IMF. In total it has around 1.6 billion euros of payments to make to the IMF this month.

climate change, climate summit, paris climat summit, climate change summit, climate summit basic nations, basic nations, brazil, south africa, india, china, india news

Green road to Paris

At COP-21, India should highlight the domestic measures it has taken to fight climate change.

IMF to send a team this week to solve India’s GDP growth puzzle

In the new GDP calculation method, the CSO shifted the base year from 2004-05 to 2011-12.

economic survey, delhi economic survey, delhi survey, delhi per capita income, delhi gross domestic project, fiscal deficit, delhi fiscal deficit, india news, delhi news

No Proof Required: New GDP is for real

Pessimists on Indian growth will have to look for pastures other than the new GDP data

Nepal, Nepal earthquake, earthquake nepal, earthquake, nepal aid, nepal relief, IMF, International Monetary Fund, IMF nepal, World News

India needs to tackle land acquisition issue: IMF

India needs to tackle land acquisition issues to live up to the expectations of being the ‘new bright spot’ in Asia, said IMF.

Nepal, Nepal earthquake, earthquake nepal, earthquake, nepal aid, nepal relief, IMF, International Monetary Fund, IMF nepal, World News

India needs structural reforms to lift growth: IMF

The IMF Managing Director’s Global Policy Agenda (GPA) document released on Thursday said there is a need for countries including India to accelerate structural reforms to lift growth potential and ensure inclusiveness.

Overtaking China

But let’s hold the celebrations. We need to take IMF, World Bank projections with a pinch of perspective.

imf

Global financial stability risks shifting towards emerging markets: IMF

IMF cautioned against investors being surprised by the timing of the rate hike by the US Fed and the consequent market tensions.

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IMF says Greece confirms it will repay loan due in April

Greece is in difficult negotiations with creditors over its bailout programme.

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Interview with John Lipsky: ‘Hopeful that US Fed will make sure no one is surprised with rate hike’

“For Asia, the process of China’s liberalisation is very important,” says John Lipsky.