Category «Economy»

Prime Minister Narendra Modi Advocated reforms in IMF Quotas

Prime Minister Narendra Modi advocated the IMF Quotas reforms related issues in International Monetary Fund (IMF) so that they can display the global economic realities and the functioning of multi-level bodies to increase the role of India and other emerging economies. Modi also said that the consensus of the amendment made in 2010 regarding the …

Quota Reforms in IMF will increase voting rights of countries like India: PM Narendra Modi

Quota Reforms in IMF will increase voting rights of countries like India PM Narendra Modi

A supplementary demand of grant of Rs.69,575 crore was presented in the Parliament on Friday for increasing the quota reforms of India in the International Monetary Fund (IMF). The additional demand introduced by the government to increase the voting rights of India at the IMF. The Long pending IMF quota reforms finally came into effect. India …

China Economy: Annual GDP growth lowest to 25-year low

china economy anual gdp lowest at 25 years low in 2016

China Economy Collapse: For year’s China has been the world’s factory; relying on low manufacturing cost to make goods sold worldwide. More than 20 years of record-breaking growth has propelled China from communism to consumerism but now the Chinese economy at lowest to 25-year low, and the slowdown is affecting many other economies worldwide. Commodity …