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The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe.

IMF sees solid near-term global growth but risks beyond

The IMF raised its US forecast by two tenths for both years, to 2.9 per cent for 2018 and 2.7 per cent for 2019.

18 April 2018 1:09 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Important for Indian govt to heed RBI's message on financial...

Central bank does have to be intimately concerned with financial stability to some degree and with the payment system.

10 Dec 2018 2:24 PM IST

Prime Minister Narendra Modi at an election campaign rally in Hyderabad. (Photo: AP)

IMF chief economist lauds Modi govt for 'very solid' growth, GST

'India under the government of Prime Minister Narendra Modi has carried out some really fundamental reforms,' IMF chief...

10 Dec 2018 7:59 AM IST