World

Kristalina Georgieva to serve a second term as IMF Managing Director

Apr 13, 2024

Washington [US], April 13: The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term starting on October 1, 2024. The Board's decision was taken by consensus, the IMF Press Centre announced.
The Board held several discussions, including with Ms. Georgieva, the sole candidate nominated for the position, before making its decision today.
Ms. Georgieva conveyed her deep gratitude for the trust and support of the Fund's Executive Board, representing its 190 members. She also expressed her honour in continuing to serve as Managing Director of the IMF for a second five-year term.
Source: Emirates News Agency

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Klay Securities Predicts Negative Returns for Indian Equities in 1H 2025, Offering Opportunities for Long-Term Investors

Mumbai (Maharashtra) [India], January 13: Klay Securities Private Limited, a leading boutique financial services firm, forecasts challenging times ahead for Indian equities in the first half of 2025. According to Ravi Malani, Senior Analyst at Klay Securities, a combination of domestic and global factors suggests that the period may not deliver the easy returns witnessed in recent years. However, this market correction is expected to create lucrative opportunities for long-term investors.

Jan 13, 2025