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Allocating more IMF reserve assets known as special drawing rights, or SDRs, "would immediately make hundreds of billions of dollars available to nearly all low- and middle-income IMF member countries
Sitharaman said the principal focus would be equitable distribution of wealth so that India grows to become an advanced economy by 2047
Bank of Japan maintained its huge stimulus and warned of growth risks from Ukraine crisis, reinforcing expectations it will remain an outlier in global shift towards tighter monetary policy
BoE 1st major central bank to raise rates since pandemic. ECB cuts stimulus; BoJ set for decision on friday
The five-year onshore overnight indexed swap, a tool to trade rate expectations, has advanced 31 basis points in October
She took part in the annual meeting of the board of governors of Asian Infrastructure Investment Bank (AIIB) via video conference
Governor Ajith Nivard Cabraal, while announcing a range of measures, also reiterated that the island nation would not seek any bailout from the International Monetary Fund
The former foreign minister's remark underscores the rising risk of a delay in compiling the budget for next fiscal year as economic policy is in limbo during the campaign for premier
Here's a look at who is tapering, who may raise rates first and who might be the last to call time on pandemic-era money-printing
Industry leaders and economists said the new loan guarantees, amounting to $35 billion, may provide some temporary relief but would not be sufficient to boost economic growth.
The stimulus options include incentives in collaboration with the central bank or packages targeted at the poor, said one of the people
Finance Minister says Budget 2021-22 has been designed keeping in mind the necessity for stimulus.
Apex bank's Rs 99,122 cr dividend supports the Centre's fiscal rescue plan, obviates need to ramp up borrowings for now
Ministry working on proposals to bolster the tourism, aviation and hospitality industries, along with small and medium-sized companies.
A recent study found that the poorest of workers earned Rs 15,000 less on average last year. This time, state lockdowns may dent their incomes again
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide
The price range does not include separate proposals to make child tax credits and other benefits to lower-income Americans
U.S. S&P500 futures rose 0.25% in early Asian trade, trading just below a record high level touched last week, while Japan's Nikkei ticked up 0.1%
Biden and other top officials will promote the coronavirus relief package next week by hitting the road on what the White House called as "Help is Here Tour"
NEW YORK (Reuters) - Global equities markets rose and the S&P 500 on Monday had its best day since June 5, with investors taking lower U.S. bond yields in stride on optimism over the $1.9 trillion coronavirus relief bill and distribution of Johnson & Johnson's newly authorized COVID-19 vaccine.