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'Historic change': India gets more voting rights at IMF

Jan 28, 2016

'Historic change': India gets more voting rights at IMF

With the implementation of long pending quota reforms, India, China and other emerging economies will now have more voting rights at the IMF #India #China #IMF #Brazil #NewsTracker #Russia #International Monetary Fund #Christine Lagarde #Board Reform Amendment #2010 Quota and Governance reforms
Raghuram Rajan joins World Economic Forum task force on global financial system

Jan 27, 2016

Raghuram Rajan joins World Economic Forum task force on global financial system

Reserve Bank Governor Raghuram Rajan has joined a task force of the World Economic Forum (WEF) to study the future of global financial system #RBI #Reserve Bank of India #NewsTracker #International Monetary Fund #World Economic Forum #Raghuram Rajan #WEF #Davos
IMF chief Christine Lagarde claims she is not guilty, will appeal French court's order to stand trial

Dec 17, 2015

IMF chief Christine Lagarde claims she is not guilty, will appeal French court's order to stand trial

International Monetary Fund chief Christine Lagarde has been ordered to stand trial in France over her role in a 2008 arbitration ruling that handed 400 million euros ($434 million) to French businessman Bernard Tapie. #IMF #Nicolas Sarkozy #France #NewsTracker #Dominique Strauss-Kahn #International Monetary Fund #Christine Lagarde #Bernard Tapie #Court of Justice of the Republic
India for global efforts on return of illicit overseas funds: PM Modi at G20 summit

Nov 16, 2015

India for global efforts on return of illicit overseas funds: PM Modi at G20 summit

Government will soon bring a new law on public procurement to check corruption and domestic black money, Prime Minister Narendra Modi said on Monday while seeking greater global cooperation for return of illicit money stashed abroad. #Black money #IMF #Narendra Modi #NewsTracker #International Monetary Fund #G20
IMF's love for printing more money is like treating the wrong ailment

Sep 07, 2015

IMF's love for printing more money is like treating the wrong ailment

What IMF chief Christine Lagarde meant in simple English is that global economic growth continues to remain slow. #InMyOpinion #International Monetary Fund #Christine Lagarde #Federal Reserve #Raghuram Rajan #G20 #the European Union. #Economy
Rajan's right: Govt should compensate PSBs, not use them as extended arms

Aug 28, 2015

Rajan's right: Govt should compensate PSBs, not use them as extended arms

When government forces state-run banks to carry out financial sector activities, but refuses to fully compensate them, that creates distortions in their business. #RBI #IMF #Narendra Modi #ConnectTheDots #Agriculture #International Monetary Fund #Arun Jaitley #Raghuram Rajan #Aadhaar #public sector banks #Indian Banks Association #Indradhanush #Make In India #Jan Dhan Yojana #Economy
India can replace China as driver of global growth: Jaitley

Aug 27, 2015

India can replace China as driver of global growth: Jaitley

According to IMF, India will overtake China as the fastest growing emerging economy in 2015-16 by clocking a growth rate of 7.5 percent. #Inflation #China #IMF #International Monetary Fund #TheySaidIt #Arun Jaitley #Raghuram Rajan #Economy #India
Government steps up rate cut pressure on RBI

Aug 20, 2015

Government steps up rate cut pressure on RBI

The RBI, however, has remained far more cautious, specifically on the outlook for the monsoon season, which has roughly another month to run and has a huge influence on food prices in the country. #RBI #NewsTracker #International Monetary Fund #Moody's #Arun Jaitley #Raghuram Rajan #Rate cut #Economy
Dr Rajan, it's time for the RBI itself to buy gold - as Subbarao did in 2009

Aug 11, 2015

Dr Rajan, it's time for the RBI itself to buy gold - as Subbarao did in 2009

The fall in global gold prices is an opportunity for the RBI to buy gold for its reserves. The same logic that applied in 2009, when it bought gold from the IMF, applies now. #RBI #Duvvuri Subbarao #InMyOpinion #International Monetary Fund #Raghuram Rajan #Gold reserves #Economy