Latest Greek proposals 'balanced', 'positive': French PM

Last Updated: Wednesday, July 8, 2015, 22:34

French Prime Minister Manuel Valls said Wednesday fresh proposals made by Athens in exchange for a new European bailout were a step in the right direction.

Greece races against clock to submit reform proposal

Last Updated: Wednesday, July 8, 2015, 21:20

Greece submitted a request for aid from Europe's bailout fund today, and is rushing to detail a plan of economic reforms that creditors want to see this week if they are to save the country from financial collapse and keep it in Europe's joint currency.

Govt rejects airlines' proposal to charge for check-in baggage

Last Updated: Saturday, June 27, 2015, 11:42

The Ministry of Civil Aviation has turned down a proposal of airlines to charge for check-in baggage while providing incentives for passengers who travel light, according to a news channel report.

Gold dips below Rs 27,000 on weak global cues, low demand

Last Updated: Tuesday, June 23, 2015, 15:05

Continuing its losing streak for the third straight day, gold prices slipped below the Rs 27,000-mark by falling Rs 50 to trade at over two-week low of Rs 26,950 per at the bullion market today, tracking a weakening global trend amid slackened demand from jewellers.

Gold, silver extend losses on global cues, sluggish demand

Last Updated: Monday, June 22, 2015, 15:47

Falling for the second day, gold prices went down by Rs 100 to settle at Rs 27,000 per 10 grams at the bullion market today, tracking a weak global trend amid subdued demand from jewellers in the domestic market.

Athens stocks surge 5.47% as optimism rises on debt talks

Last Updated: Thursday, June 11, 2015, 14:14

Athens shares leapt 5.47 percent at open on Thursday, boosted by hopes that Greece could be close to a deal with its creditors on a rescue deal.

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.

Greece, creditors trade barbs over latest EU reform demands

Last Updated: Sunday, June 7, 2015, 20:44

Greek Finance Minister Yanis Varoufakis on Sunday called the proposals "borderline insulting". "It was an aggressive move designed to terrorise the Greek government," Varoufakis told Proto Thema daily.

Greece denies report that Juncker declined to take call from Tsipras

Last Updated: Saturday, June 6, 2015, 22:32

The official added that Athens was still waiting for Greece`s creditors to respond to its own recent proposal for a deal to end the months-long impasse.

Creditors agree to proposal for Greece to unblock aid

Last Updated: Wednesday, June 3, 2015, 15:02

Eurogroup President Jeroen Dijsselbloem said on Tuesday in an interview with RTL television channel that even if an agreement was reached this week, an immediate disbursement was technically impossible.

FIPB to consider Kotak Bank's FDI proposal on May 28

Last Updated: Monday, May 18, 2015, 22:17

Inter-ministerial body FIPB will on May 28 take up Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent, along with 47 other FDI applications.

Traders protest making PAN must for buying gold over Rs 1 lakh

Last Updated: Wednesday, March 25, 2015, 15:05

Bullion market remained closed in the national capital Wednesday as traders refrained from doing business to protest the Budgetary proposal that would make it mandatory to quote PAN for purchases of above Rs 1 lakh.