President Barack Obama and Prime Minister Manmohan Singh have broad agreement on the steps that needs to be taken to spur the global economic growth, the White House has said ahead of the next week

President Barack Obama and Indian Prime Minister Manmohan Singh agreed on Thursday on the need to buffer the global economy against risks from the European debt crisis, the White House said.

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The International Monetary Fund has almost doubled its 'fire power' to protect the world economy against deepening debt turmoil in Europe with the Group of 20 nations, including India, pledging $430 b

India has called upon G-20 nations, the world's top economies, to work out a 'credible and ambitious' action plan to put the global economy firmly on the path of recovery as also promote strong, susta

China and other BRICS emerging economies are set to flex their muscles as the top finance officials of the G20 and the IMF meet Friday seeking to raise $400 billion to prevent financial contagion.

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The European Union expects leaders of the world's 20 biggest economies (G20) to agree to contribute more money to the IMF in April after Europe expanded its own bailout capacity, EU officials said on

Even as overall growth in the G20 slowed in the fourth quarter of 2011, growth increased strongly in India and Indonesia, modestly in the United States, but slowed somewhat in China, according to the

Noting that the global recovery had suffered a setback, the International Monetary Fund (IMF) has advised India and other emerging economies with high inflation and public debt to take a cautious stan

Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world's leading economies to secure nearly $2 trillion in firepower to prevent further fal

The head of the central bank of Mexico, which currently presides the G20, called on European governments on Friday to take urgent action to restore confidence.

"It is crucial for European authorities