RBI intervention fails to arrest decline, experts feel govt must get house in order to weather shocks.
Both Europe and the US can learn a lesson from American history to overcome their debt problems.
Eurosceptics lined up to laud Greek democracy for disowning what some cast as the oligarchy
ll India Chess Federation (AICF) has offered Vidit Gujrathi and Koneru Humpy to play the remaining matches from five-star hotels.
The breadth was neutral with 1,329 advances and 1,320 declines.
Europe's discordant leaders snatched a deal on Monday that might just avert Greece's euro exit, but global investors' faith in the durability of the single currency has been tested yet again.
'For HNIs, shifting economic activities outside India by creating regional hubs for businesses is a better option.'
A year ago, Greece's bankers thought they were on the cusp of a new era.
Currently, gold is ruling at about Rs 18,300 per ten grams.
The vote leaves Greece in uncharted waters: risking a banking collapse that could force it out of the euro.
Standard gold continued its rising momentum 6th straight day on Wednesday recording a staggering Rs 620 or Rs 2.83 per cent rise since May 19.
Consequences of China's efforts to stabilise its equity markets after three weeks of declines, which wiped out some 30 per cent of the value is far more importance to the world, says Clyde Russell.
What's worse than watching someone take a million selfies?
Besides, a higher opening in the domestic equity market and strengthening of the euro against the dollar overseas following a long-awaited bailout deal for Greece, supported the rupee, forex dealers said.
The 17-nation euro zone, that share the common currency euro, is reeling under sovereign debt crisis with its epicentre in Greece.
Armed thieves looted a museum on Friday in Greece's Olympia, birthplace of the Olympic Games, stealing bronze and pottery artefacts weeks after the country's National Gallery was also burgled.
A brothel and a funeral home have become the newest benefactors of two cash-strapped Greek soccer clubs struggling to survive the country's economic crisis.
Dragged down by a massive fall in the stock market, total investor wealth slumped by nearly Rs 3 lakh crore on Tuesday as shares of over 2,200 listed firms ended in the red.
European politicians who insisted on introducing the euro in 1999 ignored the warnings of economists.
The greenback's strength against other Asian currencies and lacklustre local equity markets made the rupee depreciate.
Radhika Apte's espionage skills, a quartet of romances in Visakhapatnam and a whole lot of other adventures and thrills, there's tons of action to catch on OTT this week.
The benchmark indices ended on a strong note on Tuesday, amid positive global cues, led by heavyweights such as Infosys, HUL and HDFC. The Nifty closed above its crucial psychological levels of 5,400 up 55 points to close at 5,421 and the Sensex advanced 194 points to close at 17,885.
The Greece and Euro-zone bailout may not end their solvency problems but it signals that EU policymakers remain committed to global financial stability.
Extending full support to Europe, Prime Minister Manmohan Singh said on Thursday that a quick solution to the Eurozone sovereign debt crisis was required but it should not be at the cost of growth of the developing nations like India.
Finance Minister Pranab Mukherjee on Wednesday hinted at financing for sorting out Eurozone crisis after a credible assessment of solvency problem is made.
But cautions about some damage in short term, next three quarters may see high volatility.
The unemployment rate in the euro zone has hit the highest since 1995 with the economic crisis forcing many companies to slash jobs.
We bring you a presentation of the best photos in the last 24 hours from around the world.
The bottom line is that one should stay invested and not get spooked out of one's equity holdings, says Akash Prakash.
Barcelona's Champions League last-16 second leg match with Napoli scheduled for March 18 will take place without spectators due to fears over the spread of the coronavirus, a club spokesman said on Tuesday. The match will take place at Camp Nou after a 1-1 draw in Napoli, but no supporters will be allowed to enter the stadium.
The euro skidded to a 6-week low of 133.700 yen in the early session.
Nifty made a gap up opening and moved higher after oil prices eased, relieving concerns of inflation.
Increased demand for the dollar weighed on the local currency.
Asian markets also ended in the red.
The finance ministry on Thursday said the 9 per cent growth projection for this fiscal may have to be revised on account of the high global commodity prices and the ongoing debt crisis in Europe.
Though the bailout package for Greece brought some cheer to the global markets, doubts remain about how long the party will last and the impact on domestic markets.
Several nations have in the past borne the brunt of mounting debt arising from organising mega events like the Olympics.
With the liquidity situation in India likely to be a little tight in the days and months ahead, the surveyed economists believe that the Reserve Bank of India may not raise interest rates in a hurry and ensure enough liquidity in the system to keep the growth momentum going.
'But the world would be much poorer without economics' contribution to understanding how societies function and without economists' suggestions as to how politicians might improve them. 'And economists themselves could do wonders by simply incorporating the country-specific factors in their econometric models rather than just applying them in toto," say Soumya Kanti Ghosh and Samir K Jha.
Here's a glimpse of all that happened around the world last week, in 14 images.
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