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EUROZONE DEBT CRISIS
IMF cuts global growth outlook for 2026, warns of potential recession if Iran war worsensThe International Monetary Fund has cut its global growth outlook, warning the economy could near recession if the Middle East conflict kee...
Gold spurts on bargain hunting, global cues; silver dropsGold climbs up at the bullion market on emergence of fresh demand from stockists and retailers at existing levels amidst bullish global cue...
- Eurozone debt crisis tests French president Francois Hollande's credentials
Europe's lurch back into crisis should allow the French Socialist, one of the EU's few left-wing leaders, to achieve his initial policy goa...
Eurozone crisis has impacted Indian economy: Finance Minister Pranab MukherjeeMukherjee said the government is taking a number of steps to arrest the decline of rupee, which breached the psychological 55-level yesterd...
- Failure of governance reason for Eurozone debt crisis: RBI
The ongoing sovereign debt crisis in countries of eurozone owes its origins to governance failures, according to a senior Reserve Bank offi...
- 2011, a disastrous year for the rupee
Traders attributed the sharp fall to investors rushing to buy dollars as there were no sign of easing in eurozone crisis.
India is victim of Eurozone crisis: Pranab MukherjeeWe are not the makers of eurozone debt crisis, but we are a victim of that criss, Finance Minister Pranab Mukherjee said at the ET Awards f...
- Gold slips from all time high, silver slumps
Gold fell from its overnight record highs following reduced buying by stockists and investors at the domestic bullion market amid lower ove...
- Debt crisis: France, Germany split on crisis solution
A French-German split over Europe’s rescue strategy emerged as finance ministers prepare to meet in Brussels tomorrow.
- Gold falls further by Rs 170, silver adds Rs 500
In India, gold of 99.9 and 99.5 per cent purity fell further by Rs 170 each to Rs 26,820 and Rs 26,680 per 10 grams, respectively.
- Europe debt crisis creates opportunities in aviation: Boeing
The European debt crisis and its expected impact on European banks has thrown up new aircraft opportunities for Middle East investors.
Angela Merkel rejects calls for 'orderly insolvency' of GreeceGermany wants Greece to remain in the euro zone, but that will be possible only when its economic efficiency is restored, Roesler told jour...
- ECB, Bank of England hold rates as recession fears mount
The bank's reactivation of its bond-buy programme will also be in the spotlight now the euro zone debt crisis has spread to Italy.
- Gold could hit record highs above $1,600: GFMS
Gold could hit record highs later this year, driven by low interest rates and concerns over eurozone debt crisis, metals consultancy GFMS f...
- Europe split over debt crisis fund
A divided Europe wrestled Wednesday over how to tackle a debt drama threatening to take down Portugal as Germany and France rejected a plea...
- France bond issue oversubscribed: Treasury
France raised 8.201 billion euros (10.7 billion dollars) at an oversubscribed bond auction on Wednesday that carried lower interest rates t...
- Eurozone crisis poses danger to rapid global recovery: India
Outflow of portfolio investment, and consequential decline in the stock market and the value of the rupee are effects of the problems in Eu...
- Hungary backtracks on talk about default
Hungarian State Secretary Mihaly Varga says recent comments by government officials talking about Hungary being close to defaulting on its ...
- India growth unlikely to be hit by Greece crisis: ING
India's reliance on domestic factors for growth and comfortable foreign exchange reserves will help the nation insulate itself from the eur...
- Eurozone faces 2010 debt crisis
The eurozone's new year heralds a debt crisis that has alarm bells ringing and markets tracking government plans to tame the growing shortf...