India’s high growth rate positive news for world: IMF Managing Director

Washington, Apr 21 (PTI) A high growth rate for India, as projected in the latest World Economic Outlook, is not only healthy for the country but also positive news for…

Russian default no longer ‘improbable’, but no trigger for global financial crisis- IMF

By Andrea Shalal WASHINGTON (Reuters) -Russia may default on its debts in the wake of unprecedented sanctions over its invasion of Ukraine, but that would not trigger a global financial…

Congo an economic ‘bright spot’ in Africa, says IMF chief

KINSHASA (Reuters) - Democratic Republic of Congo is a rare "bright spot" in Africa's economic performance as high commodity prices and government reform improve finances, the head of the International…