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Apr 18, 2012
India to focus on global financial issues at IMF meetIssues related to global economy and international financial architecture are expected to be the focus of Finance Minister Pranab Mukherjee at the the annual spring meet of the International Monetary Fund and World Bank.
Apr 17, 2012
India needs to tighten fiscal policy: IMFIn its half yearly World Economic Outlook, the IMF said that among G20 economies, more tightening than currently projected appears necessary in India.
Mar 20, 2012
Disruption in Iran oil supply will make crude costlier: IMFIndia heavily depends on import for its crude oil requirement. The country imports 110-120 million tonnes of oil every year.
Mar 09, 2012
New Delhi venue of IMF conference on India, ChinaIMF Managing Director, Christine Lagarde would be travelling to New Delhi for the two-day conference on 'China and India-Sustaining High Quality Growth' to be held in New Delhi on March 19-20.
Mar 03, 2012
Will emerging countries back Jeffrey Sachs as World Bank chief?An online betting website in Ireland, called Paddy Power is taking bets and setting odds on who will become bank president. According to the weight of money, punters still expect an American to be the chief of the World Bank.
Mar 02, 2012
EU clears second bailout package for GreeceThis is to enable Greece avoid a default on paying back €14.5 billion debts due on 20 March.
Feb 22, 2012
EU leaders to ask G20 to back higher IMF fundsThe IMF is seeking to more than double its war chest by raising $600 billion (379.7 billion pounds) in new resources to help countries deal with the fallout of the euro zone debt crisis.
Feb 16, 2012
Greece battles to salvage bailout packageOne of the outstanding issues had been a written commitment from Antonis Samaras, the leader of Greece's opposition conservative party, that he will stick to the agreed programme if he wins elections expected in April.
Feb 09, 2012
Greeks strike tentative bailout deal in time for EU meetGreece is also close to an agreement with private investors who hold nearly two-thirds of its debt to sharply reduce the country's borrowing costs.
Feb 08, 2012
Greece turns deaf ear to EU warnings, delays bailoutWith a series of deadlines come and gone, leaders of the three parties in the coalition of Prime Minister Lucas Papademos postponed what was supposed to be a crunch meeting until Wednesday.