Recent weeks have seen the euro coming in for a pummeling, sending ripples across global markets.
Indian corporates might face higher borrowing cost in the overseas market in short-run due to the Greek debt crisis.
Citizens of countries within the European Union can move and live in any of the countries within the group.
ICICI Bank on Monday said it sees no impact of the Greek debt crisis on the bank as it has no exposure to Europe.
The continuing debt turmoil in the euro zone area could have an adverse fallout on the Indian economy, hurting its capital flows as well as exports, the Economic Survey said on Friday. Further, it noted that rising international oil prices could aggravate the current account deficit, which is already at high levels.
Closing banks and restricting the flow of capital can build pressure for a solution as finances get squeezed.
RBI's foreign exchange reserves fell $237.5 million.
It is useful to note that Indian markets have not gone into a tailspin as the Greece crisis has developed, says Devangshu Datta.
Shanghai's benchmark share index plunged below 4,000 points for the first time since April
Finance Minister Pranab Mukherjee on Wednesday said Indian markets cannot remain immune to the Eurozone debt problems and will feel the impact if the $1 trillion bailout package by the European Union and the International Monetary Fund does not inspire confidence.
Their reopening followed Prime Minister Alexis Tsipras' reluctant acceptance of a tough package of bailout demands from European partners
At a virtual press conference to launch the report, Inger Anderson, Executive Director, United Nations Environment Programme, said, "Climate change is here and now. No one is safe. Despite warnings from so many years, the world did not listen. We need to act now. Reducing greenhouse gas emissions will not only limit climate change but also reduce air pollution."
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
Even as Europe continues to struggle with the large influx of migrants, European Commission President Jean-Claude Juncker proposed a quota system that each country should adhere to for asylum seekers. ' Rediff.com presents the latest updates in the crisis.
The IMF dashed any hope that Athens could avert default.
If Ahmedabad is India's preferred candidate, as seems likely, hosting Olympics 2036 should give it a leg up: A bigger airport, a better metro network, more hotels, flyovers and so on, observes T N Ninan.
Sweden missed out on the finals for the first time in 28 years on a night in which their fixture with Belgium was abandoned
For those who are unaware of the migrant crisis the EU is facing and wondering just what the fuss is all about, here's an explanation of what's going on.
US crude was down 25 cents at $52.08.
The BSE Sensex and Nifty fell more than 2 per cent on Tuesday, heading for their biggest daily loss since the midst of the rupee crisis in 2013
Positive cues from Asian peers also uplifted the sentiment.
Rediff.com presents a selection of the Pultizer Prize winning images that unveil Europe's massive refugee crisis.
SBI said the crisis in Grece would have little impact on the bank.
A rising number of Greeks in rural areas are swapping goods and services in cashless transactions.
European leaders are searching for solutions as conflicts in Syria and Iraq are sending thousands of refugees on dangerous voyages through the Balkans and across the Mediterranean to the 28-nation European Union. Here are the latest developments on the crisis.
An interview with Amit Mitra, the finance minister of West Bengal.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
Rain gods may be kinder; revenue collections going up: Jaitley
World economy may not be teetering on the edge, as yet.
The EU is still an India in the making.
Russian Foreign Minister Sergey Lavrov will be on a two-day official visit to India from Thursday, his first trip to the country since Moscow launched its invasion of Ukraine last month.
'The group commands 85 per cent of the global GDP, and if you are able to convey your point of view effectively to this group then you have reached more or less all the important players that matter.'
In a recent report, BofA-ML suggests investors to track these six event risks in July apart from the Greek drama
A decision to tap the 30 countries for exporting wheat was taken at a meeting of the commerce ministry on Thursday.
It is learnt that Lavrov is expected to travel to India either on Thursday or Friday after concluding a two-day visit to China.
Sensex is now as expensive as in early 2008
Declining crude price translates into lower under-recoveries for OMCs
If profligate Greece defaults on its debt, it will pull down many other European economies, says Shonalee Biswas.
Greece are determined to lift the mood back home during Euro 2012 with the country's huge debt woes causing worry and fear, striker Giorgos Samaras said on Wednesday.
Athens has pushed two reform packages through parliament
