Corporate Law : Reserve Bank of India vide its web communication dated September 1, 2021 informs us that International Monetary Fund (IMF) has mad...
Finance : In “The Effects of the Global Crisis on Islamic and Conventional Banks: A Comparative Study,” economists Jemma Dridi of the IM...
Finance : Just 10 short years ago, the 189 member states of the United Nations signed a declaration in which they said “we will spare no e...
Finance : The global powerful financial houses and banking giants needs a chemical to wash their foresight about the world economic recovery...
Fema / RBI : Give the known challenges, every central bank has to move in the direction of taking right steps that it may feel as appropriate d...
Income Tax : India successfully hosted the three day 4th International Tax Dialogue Conference on Tax and Inequality. The conference was inaugu...
Finance : The Union Cabinet today gave its approval to certain amendments to the IMF`s Articles of Agreement on Reform of the Executive Boar...
Finance : The French Finance Minister, Ms. Christine Lagarde called on the Union Finance Minister Shri Pranab Mukherjee today as part of her...
Finance : The International Monetary Fund's selection process for a new managing director will kick off with nominations on Monday,and the f...
Finance : Haggard and unshaven after a weekend in jail, the chief of the IMF was denied release on bail Monday on charges of trying to rape ...
Advanced economies must pursue long-term policy reforms to reduce public debt levels over the coming decades and ensure future fiscal sustainability, according to three papers published today by the International Monetary Fund (IMF). In order to protect the fragile economic recovery, support growth and job creation and provide reassurance to capital markets, fiscal adjustment plans must be clearly defined—but with a focus on the medium term rather than seeking a quick fix.
The global powerful financial houses and banking giants needs a chemical to wash their foresight about the world economic recovery and GDP growth numbers projected by them in the last term. The International Monetary Fund (IMF) lifted China’s GDP growth forecast for 2010 to 10.5 percent from the earlier projection of 10 percent. IMF has raised its world economic growth forecast from 4 per cent to 4.5 per cent.
Give the known challenges, every central bank has to move in the direction of taking right steps that it may feel as appropriate despite lack of consensus on many critical issues, without waiting for the global system to move. It would be wrong, however, as noted by Mr. Stephen Roach, to presume that “best global policies are the sum of the best national policies”.
