Argentina has secured a $20 billion extended fund facility with the IMF, signaling a major shift in its economic policy under President Mil...

Ukraine has finalised a major $20 billion debt restructuring, facilitated by financial adviser Rothschild & Co, to save $11.4 billion over ...

Prime Minister Narendra Modi has expressed concern over the debt crisis, especially in developing countries, and hopes to build consensus a...

Inflation in electricity prices in Pakistan has been increasing steadily, adding to the economic challenges the country is facing. The pric...

Originally comprising Brazil, Russia, India, and China, BRICS was coined by Goldman Sachs in the 1990s to encourage investment in emerging ...

Pakistan, currently facing an economic crisis, will become the fourth-largest borrower from the IMF, receiving a $3 billion loan over the n...

While Russia has been rendered a pariah country by Western states, it will remain part of the G-20 and associated organizations unless memb...

The shift is likely to continue under Gopinath, who became the first woman to hold one of the most influential jobs in economics when she t...

US tariffs on another $200 billion of Chinese goods are expected to take effect next month.

On March 27, BRICS nations had decided to establish a new development bank to finance infrastructure projects.

The Chinese money is breathing life into government infrastructure projects that otherwise might have died for lack of financing.

Top finance officials from rich and developing countries pledged to maintain stimulus measures to boost the global economy. Five ways we he...

China is buying the equivalent of $50 billion of the IMF's first bond sale in a move that might boost Beijing's standing in the Fund and he...

IMF estimates that before the downturn bottoms out, it could provide around $187 billion to recession-battered nations. Largest US bankrupt...

Strauss-Kahn, a former French Socialist finance minister, had been widely expected to be named executive director after he was backed by EU...

Europe, Japan and emerging economies around the world are weaning themselves from dependence on the American consumer, and economists say i...

The government's policies made it difficult for India to attract foreign investors due to which its full potential of receiving foreign inv...