International Monetary Fund

Jobless US

Finance - 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 r...

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Taxation of financial services under GST

Finance - 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....

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IMF – Selection of new chief due on June 30

Finance - 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...

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No immunity to IMF chief, says US

Finance - 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 s...

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Police-IMF head picked out of lineup in sex case

Finance - 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, ...

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IMF not to pay bill for Kahn's infamous hotel stay

Finance - 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 US...

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India among world's top 7 economies under G-20 scanner

Finance - 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. ...

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Recent Posts in "International Monetary Fund"

IMF – Selection of new chief due on June 30

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...

Read More
Posted Under: Finance |

No immunity to IMF chief, says US

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 s...

Read More
Posted Under: Finance |

Police-IMF head picked out of lineup in sex case

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, ...

Read More
Posted Under: Finance |

IMF not to pay bill for Kahn's infamous hotel stay

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 US...

Read More
Posted Under: Finance |

India among world's top 7 economies under G-20 scanner

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. ...

Read More
Posted Under: Finance |

India would intervene in foreign exchange markets if needed: RBI

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. ...

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Posted Under: Finance |

Advanced Economies Need Long-Term Efforts to Tame Public Debt, IMF Studies Find

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...

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Posted Under: Finance |

Jobless US

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 r...

Read More
Posted Under: Finance |

Taxation of financial services under GST

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....

Read More
Posted Under: Finance |

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