eurozone
Rupee down 27 paise against dollar in morning trade
The rupee depreciated by 27 paise to Rs 55.92 against the American currency in early trade on Friday on stronger dollar against euro and Asian currencies.
Forex dealers said besides dollar's gains
Cost-cutting Spanish, French leaders take train to summit
French President Francois Hollande and Spanish Prime Minister Mariano Rajoy jumped on a train to travel from Paris to Brussels for an EU summit on Wednesday, their entourages said.
The two leaders,
EU says wants Greece in euro, must keep promises
European Union president Herman Van Rompuy said on Thursday that EU leaders wanted Greece to remain in the eurozone, but stressed that it must live up to its reform promises.
"We want Greece to remai
EU urges Greece to stay in euro, but plans for possible exit
European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the course on austerity and complete the
Hollande set for EU summit showdown with Merkel
European leaders will explore ways of breathing life into their stricken economies at a summit on Wednesday, but the issue of eurozone bonds and whether they can help alleviate two years of debt turmo
Rupee crashes to new low at 55.82 versus dollar
Continuing its losing streak for the sixth session in a row, the rupee today lost 43 paise to touch a fresh low of 55.82 against the US dollar in early trade due to increased capital outflows amid a strong demand for the American currency by importers especially oil refiners.
G8 growth talk leaves wary markets awaiting action
A pledge by leaders of industrialised nations to help the troubled world economy is unlikely to herald quick new action by Europe on its debt crisis, meaning more uncertainty for nervous financial mar
World leaders back Greece, vow to combat financial turmoil
World leaders backed keeping Greece in the eurozone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalising a global economy increasingly threatened by Europe'
Rupee hits new record low of 54.82 per dollar
The rupee on Friday tumbled by 35 paise to trade at a new all-time time low of Rs 54.82 against the US dollar in early trade on increased capital outflows and strong demand from importers for the A
Merkel phones Greek president, calls for stable government
Chancellor Angela Merkel called for a stable Greek government to be formed quickly after new elections in a telephone call with President Carolos Papoulias on Friday, a German government spokesman sai
