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EUROZONE WOES
ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
ECB to hike rates as Mideast war pushes up inflationThe European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fuel...
Eurozone growth beats 2025 forecasts despite Trump woesEurozone growth surpassed expectations, reaching 1.5% last year, marking a second consecutive year of acceleration despite trade tensions w...
Europe's economy shows signs of life with 0.3% growth in 1st quarter as inflation, energy woes easeThe economy had been held back by high inflation that has sapped consumer purchasing power, and by an energy price spike related to Russia ...
Indirect impact of Eurozone's woes on Asian firms growing: Moody'sMoody's has said that although there is only a moderate direct impact for most Asian (ex-Japan) corporate issuers of debt, indirect risks a...
India at high risk from European economic crisis: MaplecroftIndia and other key emerging markets have been categorised as having high exposure to Europe's economic woes by a risk analysis firm, Maple...
- Eurozone woes spur gold rally; copper gains
Gold climbed for an eighth day in the longest rally since July as concern over Europe and speculation US Federal Reserve will act to spur g...
Eurozone contagion a major worry for India: Montek Singh AhluwaliaDeputy Chairman in the Planning Commission Montek Singh Ahluwalia said India will be "lucky" this year if it can achieve around seven per c...
- Crude oil futures down on weak Asian cues
Crude oil futures price today fell marginally by 0.28 per cent to Rs 4,667 per barrel as speculators engaged in reducing their positions.
- Economic outlook for 2012 could be dimmer
Economic outlook for 2012 could be dimmer with growth pace subdued by European debt woes.
HSBC says Rupee can plumb to 58 against DollarThe Rupee can slide further and touch a level of Rs 58 a dollar in the near-term if economic condition deteriorates in Eurozone economies.
- PM Manmohan Singh leaves for Cannes to attend G20 meet
PM heads for Cannes on Wed where leaders of the world's 20 largest economies will try to build on last week's euro rescue measures.
Eurozone woes dominate economy talks at DavosGeorge Soros warned government and business leaders Wednesday that the euro used by 17 European Union members could end up splitting Europe...
Eurozone woes dominate economy talks at DavosHungarian-born billionaire George Soros warned government and business leaders Wednesday that the euro _used by 17 European Union members _...
- Euro slumps to two-month low on Ireland rescue, Korea fears
The euro hit a new two-month low on Monday and equities struggled, as Ireland's bailout failed to ease eurozone debt concerns.
- Euro falls against US dollar, yen on debt contagion fears
The euro fell against the greenback and yen in Asian trade Tuesday as investors fretted about the eurozone's debt woes, analysts said.
- Dollar rangebound amid concerns over Irish debt problem
The euro firmed Thursday on expectations of a rescue package to ease EU debt woes, while the dollar was rangebound in Asian trade following...
- Eurozone woes may hit exports: FM
Finance Minister Pranab Mukherjee today said the country's exports could be impacted if the the lingering debt crisis triggered by Greece s...
- Dollar slips against euro as economic hopes rise
The dollar slipped against the euro Monday as renewed confidence in the global economic recovery lured investors away from the relative saf...
- Commerce ministry closely watching Eurozone events
Commerce minister Anand Sharma has said though the ongoing Greek and Eurozone woes are unlikely to have any direct impact on the country's ...