Washington DC [USA], Mar 10 (ANI): Substantial targeted policies are needed to support the global economy through coronavirus epidemic as the health crisis will have a significant economic fallout, reflecting shocks to supply and demand different from past crises, the International Monetary
Washington DC [USA], Mar 5 (ANI): The International Monetary Fund (IMF) is making available about 50 billion dollars through its rapid-disbursing emergency financing facilities for low income and emerging market countries that could potentially seek support to combat the spread of coronav
Bengaluru (Karnataka) [India], Mar 4 (ANI): The Karnataka government has constituted a competent authority for I Monetary Advisory (IMA) cases under the KPIDFE (Karnataka Protection of Interest of Depositors in Financial Establishments) Act, 2004, which is required to call claims from erstwh
Pune (Maharashtra) [India], Mar 3 (ANI/BusinessWire India): In the latest bi-monthly Monetary Policy Committee meeting in February 2020, the RBI maintained the accommodative economic stance and left the repo rate and reverse repo rate untouched at 5.15 per cent and 4.90 per cent respectively
Paris [France], Mar 2 (ANI): The coronavirus Covid-19 presents the global economy with its greatest danger since the 2008 financial crisis, according to the OECD's latest interim economic outlook released on Monday.
New Delhi [India], Mar 1 (ANI): Central Bureau of Investigation (CBI) has arrested two former District Magistrates (DM) of Kupwara in connection with the issuance of arms licenses "fraudulently in bulk for monetary consideration".
Islamabad [Pakistan], Feb 28 (ANI): The International Monetary Fund (IMF) has said it has reached an agreement with Pakistan "on policies and reforms needed to complete the second review" of the USD 6 billion Extended Fund Facility (EFF).
Washington DC [USA], Feb 28 (ANI): The economic cost from the outbreak of coronavirus strain COVID-19 is still uncertain but will certainly have a negative impact on global growth, the International Monetary Fund has said.
Riyadh [Saudi Arabia], Feb 22 (ANI): International Monetary Fund (IMF) Managing Director (MD) Kristalina Georgieva has said that "uncertainties" arising out of the outbreak of coronavirus in China are "too great to permit reliable forecasting."
Washington DC [USA], Feb 20 (ANI): Coronavirus epidemic has already disrupted economic growth in China and its spread to other countries can derail a fragile projected recovery in the global economy this year, the International Monetary Fund (IMF) has said.
New Delhi [India], Feb 15 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said that the central bank is "internally reviewing" monetary policy framework.
Pune (Maharashtra) [India], Feb 10 (ANI/BusinessWire India): With the Monetary Policy Committee keeping the repo rate of 5.15 per cent and reverse repo rate of 4.90 per cent untouched, FD investors need not fear a drop of FD rates due to pressure of the Indian economy.