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Euro zone argues into the night with Greece on bailout terms

Last Updated: Monday, July 13, 2015, 08:10

Six sweeping measures including tax and pension reforms must be enacted by Wednesday night and the entire package endorsed by parliament before talks can start.

Euro zone demands more from Greece, delays decision on aid

Last Updated: Sunday, July 12, 2015, 10:04

The Eurogroup session will resume on Sunday, five hours before heads of state and government of the 19-nation currency area are to meet to decide on Greece`s fate in the euro zone.

Eurozone to give verdict on Greece`s last-chance debt plan

Last Updated: Saturday, July 11, 2015, 15:10

Eurozone finance ministers on Saturday were to give their verdict on Greece`s last-chance bid for a third bailout to keep its ship-wrecked economy afloat and prevent its exit from the single European currency.

BRICS FMs discuss elements of development bank

Last Updated: Wednesday, July 8, 2015, 00:59

On the eve of the BRICS Summit to be attended by Prime Minister Narendra Modi, Finance Ministers of the five member countries met today, focusing their discussions on the contours and other elements of the BRICS Development Bank.

Eurozone ministers reject Greek bailout extension: Sources

Last Updated: Saturday, June 27, 2015, 20:35

Eurozone finance ministers refused on Saturday to extend Greece`s bailout programme past June 30 after Athens called a referendum on reform proposals by creditors, sources told AFP.

Greek govt says disagrees with new debt proposals, talks to continue

Last Updated: Thursday, June 25, 2015, 02:55

Greek negotiators "do not agree" with their creditors` latest proposals for a deal to prevent Athens from defaulting on its massive debts, a Greek government source said Wednesday, but added that talks were continuing.

Eurogroup talks on Greece halted until Thursday: Finland

Last Updated: Thursday, June 25, 2015, 02:06

Eurozone finance ministers suspended a crunch meeting aimed at reaching a Greek debt deal on Wednesday, with talks to resume the next day, Finnish Finance Minister Alexander Stubb said.

Greece's Tsipras, creditors struggle to bridge debt gaps

Last Updated: Thursday, June 25, 2015, 01:29

International creditors demanded politically sensitive changes to Greek Prime Minister Alexis Tsipras` tax and reform proposals on Wednesday, adding fresh uncertainty to talks aimed at unlocking aid to avert a debt default next week.

States to submit views on GST to Rajya Sabha Select Committee tomorrow

Last Updated: Monday, June 15, 2015, 14:29

States are pressing the Centre for compensating them fully for the loss of revenue in the first five years of GST replacing their taxes.

Oil prices rise after OPEC keeps low output target

Last Updated: Friday, June 5, 2015, 18:00

Oil prices rose on Friday, breaking a two-day losing streak, after OPEC ministers maintained their existing oil production target for another six months at a level below current output.

State FMs to meet Thursday to discuss GST rate

Last Updated: Wednesday, June 3, 2015, 22:52

The Empowered Committee of State Finance Ministers, headed by K M Mani, will meet here Thursday to deliberate on the revenue neutral rate, besides other issues, for smooth roll out of Goods and Services Tax (GST).

Trade Ministers of 16 countries to meet in July to clinch RCEP

Last Updated: Sunday, May 31, 2015, 11:41

The 16 economies account for over a quarter of the world economy. RCEP negotiations were launched in Phnom Penh in November 2012.