India highest recipient of US economic assistance: USAID

Last Updated: Tuesday, July 14, 2015, 15:11

The US provided USD 65.1 billion as economic assistance to India between 1946 and 2012, according to the US Agency for International Development (USAID) statistics.

ESM confirms receiving formal aid request from Greece

Last Updated: Thursday, July 9, 2015, 07:04

The European Stability Mechanism (ESM) have received a formal request for bailout aid from Greece to avoid Grexit, a media report said.

Euro resilient as hopes of Greek aid deal persist

Last Updated: Wednesday, July 8, 2015, 08:16

The euro steadied early on Wednesday, having climbed off a five-week trough in line with a rebound in risk assets as the latest emergency meeting of European leaders ended with a sliver of hope still left for Greece.

'NO' is 'YES' to viable debt deal says Greek Prime Minister Alexis Tsipras

Last Updated: Monday, July 6, 2015, 04:07

Greek voters' resounding "NO" to the international creditors' debt deal offer in Sunday's landmark referendum does not mean a rift with Europe, but a "YES" to a viable agreement, Greek Prime Minister Alexis Tsipras said in a televised address.

Eurogroup talks on Greece to continue Wednesday: Athens

Last Updated: Wednesday, July 1, 2015, 00:19

"The Eurogroup just finished. We will continue tomorrow morning to allow finance ministers to examine the proposals of the Greek government," the source said.

End of Greek aid to have limited impact on other states - German Finance Minister

Last Updated: Monday, June 29, 2015, 21:30

German Finance Minister Wolfgang Schaeuble on Monday played down the impact of the end of the Greek aid programme, saying in a letter to German lawmakers that it would have only a limited impact on other states.

Europe gains on Greek hopes; dollar up before US data

Last Updated: Friday, June 12, 2015, 13:03

Europe`s main bourses picked after a slow start. The benchmark FTSEurofirst 300 was last up 0.6 percent, as hopes Greece was closing in on a deal with the European Union, International Monetary Fund and European Central Bank. Greek stocks surged 7 percent.

PM Modi promises support for Bangladeshi investment in Gujarat

Last Updated: Sunday, June 7, 2015, 22:44

"We told him that we want to set up warehouses and retail shops, and for that we will invest $25 million. The purpose is to sell and distribute our garments products directly," said Matlub Ahmed, president of the Chamber. "If we get this facility, then our sell will rise to $1 billion from the present $300 million in the next three years."

Modi meets Bangladesh commerce-industry chambers chiefs

Last Updated: Sunday, June 7, 2015, 19:11

Modi had said he was "conscious of the huge trade imbalance, despite duty free and quota free access to Bangladesh in India on all but 25 items".

ADB to give $300 mn loan to improve urban healthcare service

Last Updated: Thursday, May 28, 2015, 18:55

"The ADB has approved a USD 300 million loan to support India's NUHM ," an ADB statement said.

World Bank to give $248 mn loan to Punjab for water supply, sanitation

Last Updated: Monday, May 11, 2015, 19:37

The project is expected to benefit about 84.7 lakh rural people in Punjab.

Greece defies euro zone on pension, labour reform

Last Updated: Thursday, May 7, 2015, 18:25

Greece defied its international creditors on Thursday by sticking to "red lines" on pension and labour market reforms and urging lenders to give ground, dimming prospects of progress next week towards securing desperately needed financial aid.