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IMF Chief Seeks More Details On BRICS Payments System Plans
The IMF wants to know more about a cross-border payments system discussed by the BRICS group of countries this week and aimed at boosting non-dollar transactions, the Fund's managing director said Thursday.
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Russia Urges BRICS Partners To Create IMF Alternative Amid Western Pressure
Russia, which chairs the BRICS group this year, has called on its partners to create an alternative to the International Monetary Fund (IMF) to counter political pressure from Western nations ahead of the BRICS summit later this month.
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Trump's Anti Free Trade Remarks Draw Note Of Caution From Arun Jaitley
Finance Minister Arun Jaitley warned today that growing opposition to globalisation and free trade in Western countries would hurt the world economy, echoing concerns by the IMF and others.
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Unconventional Monetary Policies to Have Negative Affect: Jaitley
At a meeting of BRICS Finance Ministers and Central Bank Governors on April 16 also Jaitley raised the issue of UMP and made a case for monitoring of UMPs by the International Monetary Fund (IMF) "to minimise their impact on other economies".
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Opinion: Coping With A New World Disorder In 2014
Shashi Tharoor on the challenges for India.
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BRICS Bank Not Aimed at Challenging IMF, World Bank: RBI Governor
The BRICS bank is meant to provide patient money, risk capital to long term projects, he said in a speech at an event organised in Chicago on Friday by the Chicago Council on Global Affairs.
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International Monetary Fund Congratulates BRICS for New Fund, Offers Help
The International Monetary Fund on Wednesday congratulated the five BRICS countries for creating a new reserves fund that intends to challenge Western dominance in the global lender.
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BRICS to Create Development Bank, 'Mini-IMF'
Leaders of the BRICS group of emerging powers will meet on Tuesday to launch a new development bank and a reserve fund seen as counterweights to Western-led financial institutions.
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BRICS leaders approve launch of development bank
Leaders at the BRICS Summit - where the Indian delegation was headed by Prime Minister Manmohan Singh approved the creation of a bank on the lines of the World Bank and the International Monetary Fund (IMF) to address the development needs of emerging and poor economies.
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Factbox: BRICS emerging powers grow in global strength
Leaders of the BRICS group of powerful emerging economies meet on Tuesday and Wednesday in the South African city of Durban. The main objective of the heads of state of Brazil, Russia, India, China and South Africa is to establish a development bank to balance the influence of the World Bank and IMF, as well as creating a joint foreign exchange ...
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Chidambaram to embark on tour to Canada, Japan, Gulf next month to woo investors
Finance Minister P Chidambaram is likely to embark on a foreign tour next month covering Canada, Japan and the Gulf region to woo overseas investors.
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Profit Top 10: Rupee breaches 56-mark; Inflation at unacceptable levels, warns RBI
If you missed our coverage, here are the top 10 stories of the day.
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Why India's $10 bn to Euro zone is big deal: Five facts
India has graciously committed $10 billion to the International Monetary Fund or IMF to stabilize Europe. While there is no specific plan announced to disburse the amount, the contribution is significant when one looks at the overall government finances and the current market situation. Since the Euro zone is working on a bailout, it is possible th...
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India defers announcement on contribution to IMF
The Finance Minister said that India has emerged as an important economic player in the world theatre.
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No loss of faith in the India story: Pranab Mukherjee
On the sidelines of the annual World Bank and IMF meetings in Washington, the Finance Minister acknowledges that the government's success will depend on its ability to take coalition partners along. "I shall have to try to achieve fiscal consultation what I have indicated in my budget speech and in the long term, we must achieve the higher growth t...
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IMF Chief Seeks More Details On BRICS Payments System Plans
The IMF wants to know more about a cross-border payments system discussed by the BRICS group of countries this week and aimed at boosting non-dollar transactions, the Fund's managing director said Thursday.
-
Russia Urges BRICS Partners To Create IMF Alternative Amid Western Pressure
Russia, which chairs the BRICS group this year, has called on its partners to create an alternative to the International Monetary Fund (IMF) to counter political pressure from Western nations ahead of the BRICS summit later this month.
-
Trump's Anti Free Trade Remarks Draw Note Of Caution From Arun Jaitley
Finance Minister Arun Jaitley warned today that growing opposition to globalisation and free trade in Western countries would hurt the world economy, echoing concerns by the IMF and others.
-
Unconventional Monetary Policies to Have Negative Affect: Jaitley
At a meeting of BRICS Finance Ministers and Central Bank Governors on April 16 also Jaitley raised the issue of UMP and made a case for monitoring of UMPs by the International Monetary Fund (IMF) "to minimise their impact on other economies".
-
Opinion: Coping With A New World Disorder In 2014
Shashi Tharoor on the challenges for India.
-
BRICS Bank Not Aimed at Challenging IMF, World Bank: RBI Governor
The BRICS bank is meant to provide patient money, risk capital to long term projects, he said in a speech at an event organised in Chicago on Friday by the Chicago Council on Global Affairs.
-
International Monetary Fund Congratulates BRICS for New Fund, Offers Help
The International Monetary Fund on Wednesday congratulated the five BRICS countries for creating a new reserves fund that intends to challenge Western dominance in the global lender.
-
BRICS to Create Development Bank, 'Mini-IMF'
Leaders of the BRICS group of emerging powers will meet on Tuesday to launch a new development bank and a reserve fund seen as counterweights to Western-led financial institutions.
-
BRICS leaders approve launch of development bank
Leaders at the BRICS Summit - where the Indian delegation was headed by Prime Minister Manmohan Singh approved the creation of a bank on the lines of the World Bank and the International Monetary Fund (IMF) to address the development needs of emerging and poor economies.
-
Factbox: BRICS emerging powers grow in global strength
Leaders of the BRICS group of powerful emerging economies meet on Tuesday and Wednesday in the South African city of Durban. The main objective of the heads of state of Brazil, Russia, India, China and South Africa is to establish a development bank to balance the influence of the World Bank and IMF, as well as creating a joint foreign exchange ...
-
Chidambaram to embark on tour to Canada, Japan, Gulf next month to woo investors
Finance Minister P Chidambaram is likely to embark on a foreign tour next month covering Canada, Japan and the Gulf region to woo overseas investors.
-
Profit Top 10: Rupee breaches 56-mark; Inflation at unacceptable levels, warns RBI
If you missed our coverage, here are the top 10 stories of the day.
-
Why India's $10 bn to Euro zone is big deal: Five facts
India has graciously committed $10 billion to the International Monetary Fund or IMF to stabilize Europe. While there is no specific plan announced to disburse the amount, the contribution is significant when one looks at the overall government finances and the current market situation. Since the Euro zone is working on a bailout, it is possible th...
-
India defers announcement on contribution to IMF
The Finance Minister said that India has emerged as an important economic player in the world theatre.
-
No loss of faith in the India story: Pranab Mukherjee
On the sidelines of the annual World Bank and IMF meetings in Washington, the Finance Minister acknowledges that the government's success will depend on its ability to take coalition partners along. "I shall have to try to achieve fiscal consultation what I have indicated in my budget speech and in the long term, we must achieve the higher growth t...
