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The debut bond from Europe's financial rescue fund attracted robust demand on Tuesday, in the latest sign of confidence the bloc is getting to grips with the debt crisis that has haunted it for over a year.

The International Monetary Fund (IMF) said it expects India to grow at 8.4 percent in 2011 and fall to 8 percent, unchanged from its prior estimate as the two-speed global recovery will continue.

Europe needs to strengthen its financial rescue fund to reduce the risk of renewed global instability as U.S. tax cuts and buoyant emerging economies help propel the recovery elsewhere, the IMF said on Tuesday.

Europe should strengthen its financial rescue fund to reduce the risk of renewed global instability as U.S. tax cuts and emerging economies help propel recovery elsewhere, the IMF said on Tuesday.

A package of U.S. tax cuts should give a lift to a global economic recovery that had already begun to gain speed late last year, the IMF said on Tuesday as it revised its world growth forecast higher.

Millions of children worldwide die every year from preventable diseases and the bad situation is only going to worsen due to an increasing shortage of healthcare workers.

Ireland plans to use some of its 24 billion euro pension reserve fund to purchase its own bonds, a move some say is akin to national cannibalism.

Political parties in Ireland will hold crisis talks following the abrupt departure of the Green Party from the coalition led by Prime Minister Brian Cowen.

Private-sector lender Yes Bank posted a 51.6 percent rise in quarterly net profit in Oct-Dec, as both advances and deposits rose.

Burundi's year-on-year inflation rate rose for the third straight month to 6.3 percent in December from 5.5 percent a month earlier, partly due to higher transport costs, official data showed on Wednesday.

Greece is not in talks to stretch out repayment of its entire outstanding debt, a finance ministry official, who requested anonymity, said on Tuesday.

Even as the rest of Europe remains on an edge about its economic recovery, Germany continues to post strong growth, as shown by the German investor confidence indicator on Tuesday.

Mid-cap banks are likely to report another strong quarter of healthy profits in Oct-Dec on robust credit growth, but stressed liquidity in a rising interest rate environment could obstruct growth going forward.

Chinese President Hu Jintao urged an end to a zero sum Cold War relationship with the United States and proposed new cooperation, but resisted U.S. arguments about why China should let its currency strengthen.

Chinese President Hu Jintao's visit to Washington this week may be the calm after the storm when it comes to economic relations between the world's two biggest economies.

A mission from the International Monetary Fund will visit Spain on Monday to carry out a routine study of the country's financial system, as part of an annual global report, officials said on Sunday.

During the dark days of 2008 as its banking system and economy was collapsing, the cash-strapped government of Iceland asked the United States for a $1-billion loan, according to a WikiLeaks document.

France will provide Cameroon with 213 billion CFA francs worth of grants over the next five years to pay for agricultural and infrastructure projects, state radio announced on Friday.

Ethiopia has penalised retailers and suppliers in the capital who raised the prices of consumer goods such as bread by amounts higher than caps set in January, authorities said on Thursday.

The United States wants a real, demonstrative commitment from China that it is serious about shifting away from export-led economic growth, a U.S. official told Reuters on Tuesday ahead of next week's state visit by China's Hu Jintao.

Deadly rioting in the North African nations of Tunisia and Algeria underscore a clash between peoples’ anger over harsh economic realities and totalitarian governments’ clampdown on any dissent.

If European Banks pay a one-time tax of 50 billion euros, it could help restore some stability to the EU, Reuters said, citing documents from the European Commission obtained by them.

The Greek budget deficit narrowed more than targeted last year, mainly led by a drop in government spending.

Portugal has no plans to seek a bailout from the EU and IMF, and the government is doing everything possible to avoid doing so, Finance Minister Fernando Teixeira dos Santos said.

Portugal needs to take decisive political steps to calm international markets, Finnish Finance Minister Jyrki Katainen said on Tuesday.

Portugal needs to take decisive political steps to calm international markets, Finnish Finance Minister Jyrki Katainen said on Tuesday.

Pressure is growing on Portugal from Germany, France and other euro zone countries to seek financial help from the EU and IMF to stop the bloc's debt crisis from spreading, a senior euro zone source said on Sunday.

Portugal denied on Sunday that it is under pressure by France and Germany to seek a bailout from Brussels and the IMF to ease concerns over its debts, like Greece and Ireland before it.

A top IMF official warned on Saturday that the United States must start down a budget deficit-cutting path relatively soon or face crushing debt service costs as interest rates rise.