Finance : I don’t think that hedge funds are bad per se. I think they’re just one more financial tool. And in that sense, they’re usef...
Finance : The global powerful financial houses and banking giants needs a chemical to wash their foresight about the world economic recovery...
Goods and Services Tax : One of the most significant features of GST would be the taxation of financial services. No country in the world has been able to ...
Finance : The International Monetary Fund's selection process for a new managing director will kick off with nominations on Monday,and the f...
Finance : The managing director of International Monetary Fund Dominique Strauss-Kahn, who has been arrested in New York on alleged rape ch...
Finance : Dominique Strauss-Kahn's reputation with women earned him the nickname "the great seducer," and not even an affair with a subordin...
Finance : International Monetary Fund pays for all business-related hotel bills of its chief, but incumbent Dominique Strauss Kahn's stay in...
Finance : The G-20 on Friday announced that International Monetary Fund (IMF) would review policies of the world's seven largest economies, ...
I don’t think that hedge funds are bad per se. I think they’re just one more financial tool. And in that sense, they’re useful. ~ Barack Obama First of all we should ask what is a hedge fund ? A Hedge fund is a private investment partnership and funds pool that uses varied and complex […]
The International Monetary Fund’s selection process for a new managing director will kick off with nominations on Monday,and the final decision expected by June 30, the institution has said. I am very pleased to announce that the Fund’s Executive Board has adopted a procedure that allows the selection of the next managing director to take place in an open, merit-based, and transparent manner, A Shakour Shaalan, dean of the IMF executive board, said in a statement late yesterday.
The managing director of International Monetary Fund Dominique Strauss-Kahn, who has been arrested in New York on alleged rape charges, does not enjoy any diplomatic immunity, the US has said. Simultaneously, the White House said it has full faith in the capabilities of IMF to continue with the important role it is playing, despite the setback of its head being behind bars in a New York prison.
Dominique Strauss-Kahn’s reputation with women earned him the nickname “the great seducer,” and not even an affair with a subordinate could knock the International Monetary Fund leader off a political path pointed in the direction of the French presidency. All that changed with charges that he sexually assaulted a maid in his hotel room, a case that generated shock and revulsion, especially in his home country.
International Monetary Fund pays for all business-related hotel bills of its chief, but incumbent Dominique Strauss Kahn’s stay in a luxury suite of Sofitel here does not qualify for any such reimbursement. It was during his stay at this Sofitel hotel that Kahn, who was appointed IMF Managing Director in 2007 with a salary in excess of USD 5,00,000 per year, was accused of indulging in sexual assault on a chambermaid.
The G-20 on Friday announced that International Monetary Fund (IMF) would review policies of the world’s seven largest economies, including India and China , with the objective of rectifying flaws before they imperil growth. The US, Japan, Germany, France and Britain are the other five countries that influence the global economy.
India would intervene in the foreign exchange markets if needed to maintain stability, the central bank’s governor said during a panel discussion at the International Monetary Fund in Washington on Saturday.
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.
One of the most significant features of GST would be the taxation of financial services. No country in the world has been able to design a model for inclusion of financial services within the VAT/GST framework. India, if successful, will chart a new course, which could well become a model for the rest of the world to emulate.
