IMF, Pak reach agreement on 2nd review of $6bn bailout package

The International Monetary Fund has said it has reached a staff-level agreement with the Pakistani authorities "on policies and reforms" needed to complete the second review of the $6 billion loan......

Pak books Hafiz Saeed for terror financing

Pakistani authorities on Wednesday booked 26/11 Mumbai attacks mastermind Hafiz Saeed and his 12 accomplices for 'terrorism financing' in 23 cases, amidst growing international pressure on......

'India has to ensure Sri Lanka doesn't become bankrupt'

'India has given assistance that we required, otherwise we would not have been able to survive this far.' IMAGE: United National Party leader Ranil Wickremesinghe, left, was sworn in as Sri......

Gilani authorised to trim his cabinet

The ruling Pakistan People's Party has authorised Prime Minister Yousuf Raza Gilani to dissolve his jumbo cabinet and form a smaller council of ministers amid demands for political reforms from the......

IMF executive board backs Lagarde over corruption probe

The executive board of the International Monetary Fund has expressed full confidence in its Managing Director Christine Lagarde, who is facing a criminal investigation in France linked to a 2008......

Economist Surjit S Bhalla appointed as executive director for India at IMF

Bhalla will succeed former RBI deputy governor Subir Gokarn, who died in the US on July 30 after a brief illness. Eminent economist Surjit S Bhalla was on Tuesday appointed as the executive......

'Crypto is serious threat to financial stability'

'What is this cryptocurrency? Is it a product? Is it a financial product? Is it an asset?' Photograph: Kind courtesy The Digital Artist/Pixabay Shaktikanta Das, governor of Reserve Bank of India......

Strauss-Kahn arrest: IMF board holds meeting

The executive board of the International Monetary Fundheld an informal meeting at its headquarters in Washington on Sunday to discuss the fallout of the arrest of its managing director, Dominique......