Last Updated: Monday, August 31, 2015, 14:48
Easy exit options for completed road projects will release Rs 4,000 crore to developers, which can be ploughed back in infrastructure projects or used to retire debt, India Ratings and Research (Ind-Ra) said on Monday.
Last Updated: Monday, July 13, 2015, 13:10
Greek Prime Minister Alexis Tsipras agreed to tough reforms after 17 hours of gruelling negotiations in return for a three-year bailout worth up to 86 billion euros, Greece's third rescue programme in five years.
Last Updated: Monday, July 6, 2015, 10:11
The gauge had gained 146.99 points in the previous session on Friday on Reserve Bank Governor Raghuram Rajan's comments that India's exposure to Greece is limited.
Last Updated: Friday, July 3, 2015, 20:47
"Our Europe economists think this will make Grexit that much more difficult to avoid. Although India's exposure to Greece is negligible, in our view, contagion, if any, could travel through markets.
Last Updated: Monday, June 29, 2015, 15:22
Markets across the world tumbled Monday as Greece ordered its banks to shut for a week and imposed capital controls after its citizens emptied ATMs.
Last Updated: Sunday, June 28, 2015, 20:13
The ECB Governing Board board said it "decided to maintain the ceiling to the provision of emergency liquidity assistance (ELA) to Greek banks at the level decided on Friday".
Last Updated: Saturday, June 20, 2015, 23:29
Tsipras, who has never hidden his desire that an eventual accord be hashed out between political leaders rather than by negotiating teams of technical advisers will find his European peers waiting expectantly for breakthrough proposals at Monday`s emergency summit.
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.
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.
Last Updated: Wednesday, May 13, 2015, 13:17
The government on Wednesday allowed developers to exit highway projects two years after they are completed, a move that will unlock investments worth Rs 4,500 crore and provide renewed thrust to the sector.
Last Updated: Saturday, April 18, 2015, 03:47
Greece and the euro zone should not play a game of chicken to see who can hold out longer in negotiations about more lending to Athens in exchange for reforms, the chairman of euro zone finance ministers Jeroen Dijsselbloem said on Friday.
Last Updated: Friday, April 17, 2015, 06:02
Top European officials and Greece`s finance minister were on Thursday forced to play down fears that the country was poised to exit the eurozone, after the IMF rejected suggestions that Athens would postpone loan repayments.
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