Unconventional monetary policy should be temporary - IMF chief


MUMBAI - "Unconventional" monetary policy should be temporary in nature and used to deal with specific economic issues, the head of the International Monetary Fund said in India on Tuesday.

Global recovery fragile, India a bright spot - Lagarde

NEW DELHI - The global recovery is "too slow, too brittle and too lopsided", the head of the International Monetary Fund said in India on Monday, describing Asia's third-largest economy as a rare bright spot on a cloudy global horizon.

Business, Top News 16 Mar 2015

Greece must implement structural reforms - Lagarde

NEW DELHI - Greece needs to implement structural reforms, International Monetary Fund Managing Director Christine Lagarde said on Monday, echoing other international creditors who have urged Athens to implement reforms to secure urgently needed funds.

Business, 16 Mar 2015

India a "bright spot" on cloudy global horizon - Lagarde

NEW DELHI - India's economy is a bright spot in a cloudy global economy, with recent policy reforms and improved business confidence set to boost growth, the head of the International Monetary Fund said on Monday.

Top News, Business, 16 Mar 2015

India better prepared for external financial shocks - IMF

NEW DELHI - India is better positioned to cope with external financial shocks than most emerging market economies, International Monetary Fund head Christine Lagarde was quoted saying on Monday, just ahead of a of a crunch meeting of the U.S. Federal Reserve.

Top News, Business, Economy, 16 Mar 2015

India's economy recovering, reforms vital - IMF

NEW DELHI - India's economy is recovering and its ability to withstand external shocks has improved, but growth is likely to fall short of government targets, the International Monetary Fund said on Wednesday.

Top News, Business, 11 Mar 2015

Cash-strapped Greece repays first part of IMF loan due in March

ATHENS - Greece repaid on Friday the first 310 million-euro instalment of a loan from the International Monetary Fund that falls due this month, as it scrambles to cover its funding needs.

Business, 06 Mar 2015

Greece sees problems repaying IMF, ECB; Germans air mistrust

ATHENS/BERLIN - Greece said on Wednesday it will struggle to make debt repayments to the IMF and the European Central Bank this year as Germany's finance minister voiced open doubts about Athens' trustworthiness.

Business, Economy, 26 Feb 2015

Greece sends comprehensive reform plan to lenders - EU source

BRUSSELS - Greece sent a list of economic reform plans to European institutions and the International Monetary Fund around midnight that was "a valid starting point" for talks over its bailout, a source close to the European Commission said on Tuesday.

Business, Economy, 24 Feb 2015

Germany holds up Greek bid for euro zone loan extension

ATHENS/BRUSSELS - Germany rejected a Greek proposal for a six-month extension to its euro zone loan agreement on Thursday, saying it was "not a substantial solution" because it did not commit Athens to stick to the conditions of its international bailout.

Economy, Business, 20 Feb 2015