`Grexit` to `Greferendum`: Athens on the brink of default

Last Updated: Sunday, June 28, 2015, 15:46

In Brussels, a sense of stupor prevails. The decision comes at the worst moment, in the final stage of negotiations when "98-99 percent" of the deal had already been agreed, according to a participant in the talks.

Govt transfers ECs of 19 coal blocks of total 29 so far

Last Updated: Monday, June 22, 2015, 16:31

The Centre has so far transferred the environment clearance (EC) of 19 coal blocks out of approved 29 mines from the earlier allottees to the new successful bidders including JSW Steel, GMR Chhattisgarh Energy, Jaypee Cement and Ambuja Cements among others.

Juncker says `I don`t understand Tsipras`: Report

Last Updated: Friday, June 19, 2015, 19:20

He said Athens had obviously misunderstood his role in seeking a compromise as "someone who can pull a rabbit out of the hat", Juncker said. "But that is not the case. I repeatedly warned Mr Tsipras that he cannot rely on me to prevent a collapse of talks."

Asian shares and euro slip as Greece fails to reach debt deal

Last Updated: Monday, June 15, 2015, 13:19

The euro slipped about 0.6 percent on the day to $1.1197, and was down 0.5 percent against the yen at 138.27."With no deal in sight, expectations for default and exit are likely to rise sharply in the days ahead," said Elsa Lignos senior currency strategist at RBC.

Tokyo stocks close 0.12% higher, capped by Greece woes

Last Updated: Friday, June 12, 2015, 15:17

Toyota closed up 0.86 percent at 8,394.0 yen and factory robotics maker Fanuc rose 0.84 percent to 26,330.0 yen while Japan`s biggest bank Mitsubishi UFJ slipped 0.21 percent to 890.0 yen.

Alexis Tsipras under pressure for concessions in Greece debt talks

Last Updated: Thursday, June 11, 2015, 17:36

To clinch a deal, EU officials said Tsipras`s government needed to offer alternative savings and tax measures to replace proposed pension cuts and tax rises he rejected as antisocial, to deliver a modest fiscal surplus before interest payments.

EU opens anti-trust probe into Amazon e-book business

Last Updated: Thursday, June 11, 2015, 16:45

The European Commission, the EU executive`s arm, is probing clauses Amazon has with its publishers which may shield the company from competitors, including the right to be informed of more favourable terms.

Merkel says ''there isn''t much time left'' for Greece

Last Updated: Tuesday, June 9, 2015, 10:28

The German chancellor confirmed her intention to meet again with Greek Prime Minister Alexis Tsipras in Brussels on June 17 under the auspices of the EU summit meeting with the Community of Latin American and Caribbean States, or CELAC.

UK's Cameron tells EC president that Europe must change

Last Updated: Tuesday, May 26, 2015, 08:13

British Prime Minister David Cameron told the president of the European Commission that the country needed a new deal on Europe, before he presses his case for reforms to the bloc with other national leaders this week.

Govt transfers green nod of earlier blocks to Hindalco, GMR

Last Updated: Friday, May 1, 2015, 18:03

In a bid to expedite operations from the recently allocated coal mines, the Environment Ministry had amended EC norms after a request made by the Coal Ministry to facilitate transfer of ECs to successful coal bidders.

Spain to push for proposed India-EU trade pact

Last Updated: Monday, February 2, 2015, 20:03

Spain on Monday said it will try to persuade European Commission (EC) to show flexibility while negotiating the free trade agreement with India as the pact is "crucial" for the future of the grouping.

Aadhaar database to be embedded with that of EPIC by 2016: CEC

Last Updated: Sunday, January 25, 2015, 18:07

The Election Commission has initiated an ambitious plan to "embed" and synchronise the Aadhaar database with that of the Electoral Photo ID Card (EPIC) to minimise complaints of duplication or forgery of the electoral rolls.