New multilateralism needed for 21st century: IMF

New multilateralism needed for 21st century: IMF

New trends in global economy call for strengthened commitment to a new multilateralism that is more inclusive and heeds new voices of world economy, says IMF managing director Christine Lagarde. The world is more integrated economically, financially, and technologically, but it is also more fragmented in terms of power, influence, and decision-making. This could lead […]

India’s growth to rise to 6.4 percent in 2015: IMF

India’s growth to rise to 6.4 percent in 2015: IMF

With growth in India picking up after a favourable monsoon season and higher exports, the International Monetary Fund (IMF) expects a further increase, thanks to stronger structural policies supporting investment. India’s growth is projected to reach 5.4 percent in 2014, rising to 6.4 percent in 2015 with global growth expected to increase in 2014 after […]