GET Stock QuotesNews18 APP
News18 English
»
1-min read

World Must 'Seize The Opportunity' of Global Recovery: IMF

"Countries around the globe are seeing renewed or sustained economic expansion, coinciding with greater stability in banks and market confidence," Christine Lagarde said.

AFP

Updated:October 6, 2017, 9:44 AM IST
facebookTwittergoogleskypewhatsapp
World Must 'Seize The Opportunity' of Global Recovery: IMF
International Monetary Fund chief Christine Lagarde. (Getty Images)
Washington: International Monetary Fund chief Christine Lagarde on Friday said a worldwide economic recovery was taking hold, opening a window for countries to enact reforms aimed at attaining broader, lasting prosperity.

"The long-awaited global recovery is taking root," she said in an address at Harvard's Kennedy School of Government.

Countries around the globe are seeing renewed or sustained economic expansion, coinciding with greater stability in banks and market confidence, she said.

"Can the world seize the opportunity of the upswing to secure the recovery and create a more inclusive economy that works for all?" she asked.

Her remarks came the week before the IMF and World Bank are due to begin annual meetings at which the Fund will unveil updated forecasts for global growth.

Also Watch

Read full article
Most Active
Company Price Change %Gain
Indostar Capita 586.10 +14.10 +2.47
Maruti Suzuki 8,428.50 -82.45 -0.97
Ashok Leyland 134.30 -14.10 -9.50
ICICI Bank 289.30 +3.20 +1.12
Reliance 931.35 -2.50 -0.27
Company Price Change %Gain
Future Life 420.50 -16.75 -3.83
Indostar Capita 585.50 +13.50 +2.36
Ashok Leyland 134.30 -14.10 -9.50
UPL 681.70 -26.95 -3.80
GAIL 325.30 +4.25 +1.32
Top Gainers
Company Price Change %Gain
SBI 244.45 +5.60 +2.34
BPCL 393.85 +7.50 +1.94
Bharti Infratel 321.70 +5.55 +1.76
TCS 3,556.75 +54.70 +1.56
Coal India 270.25 +3.45 +1.29
Company Price Change %Gain
SBI 245.10 +5.90 +2.47
TCS 3,557.95 +55.60 +1.59
Coal India 269.75 +3.35 +1.26
ICICI Bank 289.65 +3.25 +1.13
ONGC 185.60 +0.55 +0.30
Top Losers
Company Price Change %Gain
Sun Pharma 443.75 -21.15 -4.55
Dr Reddys Labs 1,893.05 -88.95 -4.49
UPL 682.55 -26.90 -3.79
Yes Bank 334.15 -11.35 -3.29
Tata Motors 295.90 -8.70 -2.86
Company Price Change %Gain
Sun Pharma 443.80 -20.90 -4.50
Dr Reddys Labs 1,894.35 -83.70 -4.23
Yes Bank 334.15 -11.30 -3.27
Tata Motors 296.55 -8.70 -2.85
Tata Steel 576.90 -14.60 -2.47