Markets have a drab closing

The benchmark indices had an insipid closing for the second consecutive trading session.The Sensex ended at 17551, down 10 points and the Nifty shut shop at 5278, up two points. There was......

Euro zone finalises rescue package for Greece

The euro zone nations have agreed on a Euro30-billion rescue package for their heavily-indebted partner Greece. The finance ministers of the 16 European Union nations, who have euro as their......

What looms for Greece after referendum

Euro zone policymakers have openly spoken out in favour of a 'yes' vote Greek Prime Minister Alexis Tsipras's plan to hold a referendum on Sunday on creditors' demands for austerity has prompted a......

Fresh Euro turmoil: Mekel, Sarkozy call emergency meet

German Chancellor Angela Merkel and French President Nicholas Sarkozy will hold an emergency meeting ahead of the G20 summit in Cannes in the wake of Greek Premier George Papandreou's surprise......