Christine Lagarde

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Christine Lagarde - Total results - 109
Gold prices fall as investors scurry for cash; markets await passage of $2 tn US stimulus package
Business

Gold prices fall as investors scurry for cash; markets await passage of $2 tn US stimulus package

SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings rose 1.41 percent to 949.15 tonnes on Wednesday

ECB to print 1 tn euro this year to stem coronavirus-induced financial rout
Business

ECB to print 1 tn euro this year to stem coronavirus-induced financial rout

Crucially, the ECB said it was prepared to increase the size and duration of its purchases if necessary and review any constraint that stand in its way - a likely reference to a cap on owning more than a third of any country’s debt.

Fed seen cutting rates amid virus threat, low inflation to cushion economy from effects of coronavirus
Business

Fed seen cutting rates amid virus threat, low inflation to cushion economy from effects of coronavirus

Unlike many other central banks, the Fed still has some room to cut interest rates, although officials there have said that they want to see a “material change” in the economic data before they take further action after cutting rates three times last year.

Gold prices inch down as markets eye ECB decision; traders remain anxious after virus outbreak in China
Business

Gold prices inch down as markets eye ECB decision; traders remain anxious after virus outbreak in China

Traders remained anxious about the spread of the virus as China gears up to celebrate the Lunar New Year from this weekend, a peak period for travel and gold demand in the region.

Nirmala Sitharaman, Kiran Mazumdar-Shaw, Roshni Nadar among world's 100 most powerful women: Forbes
Business

Nirmala Sitharaman, Kiran Mazumdar-Shaw, Roshni Nadar among world's 100 most powerful women: Forbes

Finance Minister Nirmala Sitharaman, HCL Corporation CEO and Executive Director Roshni Nadar Malhotra and Biocon Founder Kiran Mazumdar-Shaw have been named among the world's 100 most powerful women by Forbes

Sensex drops 33 points in early trade, Nifty low; IT, auto stocks take a beating amid fresh infusion of funds
Business

Sensex drops 33 points in early trade, Nifty low; IT, auto stocks take a beating amid fresh infusion of funds

Most sectoral indices at the National Stock Exchange were in the red with Nifty IT down by 0.9 per cent.

Christine Lagarde resigns as IMF chief, cites more clarity for nomination as European Central Bank president
Business

Christine Lagarde resigns as IMF chief, cites more clarity for nomination as European Central Bank president

Christine Lagarde said in a statement her resignation was effective 12 September, opening the way for the IMF to launch the search for her successor

Rupee slips to 69.43 against US dollar amid sustained foreign fund outflows and trade worries
Business

Rupee slips to 69.43 against US dollar amid sustained foreign fund outflows and trade worries

Losses in the domestic equity market and a strengthening dollar against major currencies overseas amid trade worries also weighed on Rupee

Sensex logs fifth straight loss, plummets 324 points as investors continue to weigh US-China trade tiff
Business

Sensex logs fifth straight loss, plummets 324 points as investors continue to weigh US-China trade tiff

The Sensex was mainly dragged by Tata Motors, ICICI Bank, Bharti Airtel and Reliance Industries -- shedding as much as 4.60 percent

IMF cautions US-China trade war would hit manufacturing, agricultural jobs; would escalate tit-for-tat tariff battle
Business

IMF cautions US-China trade war would hit manufacturing, agricultural jobs; would escalate tit-for-tat tariff battle

IMF Managing Director Christine Lagarde said US gross domestic product would fall by up to 0.6 percent and China’s would fall by up to 1.5 percent.

Global growth outlook 'precarious' amid trade tensions; pauses in rate hikes to help boost activity in H2: Christine Lagarde
Business

Global growth outlook 'precarious' amid trade tensions; pauses in rate hikes to help boost activity in H2: Christine Lagarde

She previewed new IMF research showing that rising trade barriers were hurting investment in plant, machinery and job creating projects.

IMF warns of global economic 'storm' as growth undershoots; says Sino-US trade tensions make global impact
Business

IMF warns of global economic 'storm' as growth undershoots; says Sino-US trade tensions make global impact

Last month, the IMF lowered its global economic growth forecast for this year from 3.7 percent to 3.5 percent.

WEF 2019 summit: Emerging markets have 20% youths without job, education or training, says IMF chief Christine Lagarde
Business

WEF 2019 summit: Emerging markets have 20% youths without job, education or training, says IMF chief Christine Lagarde

IMF Managing Director Christine Lagarde said the whole issue of finding future jobs affects women more than men

Gita Gopinath joins IMF as its first female chief economist, 'phenomenal in leadership, role model for women', says Christine Lagarde
Business

Gita Gopinath joins IMF as its first female chief economist, 'phenomenal in leadership, role model for women', says Christine Lagarde

Gita Gopinath considers the perceived retreat from globalisation as one of the top challenges being faced by the IMF.

Christine Lagarde appoints Indian origin Gita Gopinath as IMF chief economist
Business

Christine Lagarde appoints Indian origin Gita Gopinath as IMF chief economist

Gita Gopinath was born and grew up in India. She is a U.S citizen and an Overseas Citizen of India. She received her Ph.D. in economics from Princeton University in 2001 after earning a B.A. from the University of Delhi and M.A. degrees from both the Delhi School of Economics and University of Washington.

India's reforms bearing fruits and benefiting people, make case for more steps: IMF
Business

India's reforms bearing fruits and benefiting people, make case for more steps: IMF

The reforms carried out by India has been bearing fruits and benefiting people, making a strong case for more steps, a top IMF official has said.

Xi Jinping's Boao Forum speech: Chinese president soothes concerns about US trade war, gives economists food for thought
World

Xi Jinping's Boao Forum speech: Chinese president soothes concerns about US trade war, gives economists food for thought

Speculation on the content of President Xi Jinping’s speech at the Boao Forum for Asia was rife long before the event with media, diplomats and businessmen among others, wondering whether the Chinese leader would use the forum to announce new economic reforms.

Nicolas Sarkozy charged with links to Muammar Gaddafi: Former French president no stranger to legal controversies
World

Nicolas Sarkozy charged with links to Muammar Gaddafi: Former French president no stranger to legal controversies

Former French president Nicolas Sarkozy was charged on Wednesday over allegations that he received millions of euros towards his 2007 election campaign from the late Libyan dictator Muammar Gaddafi.

Donald Trump's intended tariffs on steel, aluminium will harm global growth, warns IMF
Business

Donald Trump's intended tariffs on steel, aluminium will harm global growth, warns IMF

The head of the IMF warned that a trade war Donald Trump apparently intends to provoke with tariffs on steel and aluminium would snuff out global growth