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Greece may find it is easier to close banks than re-open them

Capital controls imposed in Greece are likely to stay in place for months and its banks may need billions of euros of new capital or even face nationalisation under a lengthy financial rebuilding,......

Cyprus debt funds halt remittances from India

Cyprus-registered funds that invest in Indian debt instruments are refraining from taking their redeemed investments back to the island nation. Fears over safety of their money, following the......

Cyprus reopens banks under tight restrictions

Cypriots banks reopen on Thursday with tight controls imposed on transactions to prevent a run on deposits after the government was forced to accept a stringent EU rescue package to prevent the......

Mumbai 109th, Delhi 116th. Tokyo, No.1

Mumbai, Delhi, Chennai and Bangalore figure in the list of 144 most expensive cities in the world. However, the cost of living in India is much lesser than elsewhere as no Indian city ranks amongst......
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World's ten most most significant border walls

Paris : There are 65 border walls either planned or erected in the world, up from just 16 when the Berlin Wall came down in 1989, according to... ...

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