Majority of equity, debt MFs underperformed their benchmarks
Majority of equity and debt mutual funds underperformed their benchmark indices over the 5-year period ended December 31, 2014, shows data from the SPIVA India scorecard.
Apr 27, 2015, 14:57 PM IST
EU says progress `not sufficient` for Greece debt deal
Cash-strapped Greece has not made enough progress in crunch debt talks with its European partners to unlock sorely-needed funds as part of its massive EU-IMF bailout, the bloc`s Commissioner for the Euro Valdis Dombrovskis said on Friday.
Apr 24, 2015, 12:21 PM IST
Euro dips against dollar on Greece default worries
The euro dipped Tuesday against the dollar as the possibility of a Greek debt default continued to weigh on the single currency.
Apr 22, 2015, 06:09 AM IST
Mayors lash out at Greek govt`s demand for cash as default fears grow
Mayors across Greece lashed out Tuesday at a government decree ordering them to hand over their cash reserves as Athens struggled to pay off its massive debt and avert a possible default.
Apr 22, 2015, 05:18 AM IST
IMF official sees `bit more momentum` in Greek talks
Negotiations between debt-wracked Greece and its creditors have recently seen "a bit more momentum" than previously, the IMF`s representative in Europe told a German newspaper Monday.
Apr 20, 2015, 20:50 PM IST
Greece, creditors to hold more debt talks Saturday
Greece and its international creditors will meet Saturday in Paris to discuss Athens` massive debt bailout programme and reforms it must adopt in exchange for urgently needed funds, sources said.
Apr 18, 2015, 08:53 AM IST
France cancels $69 million debt owed by Mali
France has cancelled $68.7 million (64.8 million euros) in debt owed by Mali, a west African former colony where French forces have helped fight off Islamist militants.
Apr 10, 2015, 21:54 PM IST
RBI seeks to boost trading in illiquid govt debt
The Reserve Bank of India (RBI) said on Tuesday it was preparing to widen trading for less liquid government bonds and would let banks buy into infrastructure bonds, continuing efforts to develop the country`s debt markets.
Apr 07, 2015, 17:09 PM IST
Greece needs deal with lenders on April 24: Finance Minister
Greece must reach an outline funding agreement with its lenders at a meeting of euro zone finance ministers on April 24, its finance minister told a Greek newspaper on Monday.
Apr 06, 2015, 14:16 PM IST
Greece agrees to repay IMF debt by April 9: Lagarde
Greece has agreed to repay its debt to the International Monetary Fund by April 9, IMF chief Christine Lagarde said after a visit with Greek Finance Minister Yanis Varoufakis.
Apr 06, 2015, 09:17 AM IST
Greece `confident` of paying IMF on time: Source
Two meetings of eurozone experts are due to take place next week on the topic of Athens` finances.
Apr 04, 2015, 10:20 AM IST
Greece tells creditors it will run out of cash on April 9
Greece has told its creditors it will run out of money on April 9, making an appeal for more loans before reforms on which new disbursements hinge are agreed and implemented, but the request was rejected, euro zone officials said.
Apr 02, 2015, 19:29 PM IST
ECBs, NRI deposits push external debt to $462 billion
India's total external debt rose by USD 15.5 billion, or 3.5 percent, to USD 461.9 billion during the six-month period ending December, mainly due to increase in external commercial borrowings and NRI deposits.
Mar 31, 2015, 18:41 PM IST
Debt conversion into equity unlikely to help lenders: Report
Relaxations given to banks by Sebi for conversion of debt in distressed companies into equity is unlikely to help lenders to solve bad loans problem, India Ratings said Thursday.
Mar 26, 2015, 19:58 PM IST
Greek central bank head says Grexit not an option
The governor of the Greek central bank ruled out the country`s exit from the eurozone on Wednesday, and said that Athens was close to reaching a deal on its bailout.
Mar 26, 2015, 10:12 AM IST
Greece bashes Germany again as loan talks begin
Greece on Wednesday renewed attacks on its top paymaster Germany as technical experts began talks on the crisis-hit country`s new reform proposals.
Mar 11, 2015, 20:51 PM IST
Greece emergency funding on ECB agenda this week: Source
The European Central Bank will again examine whether to extend emergency funding to Greek banks at a meeting this week, a source familiar with the ECB`s thinking on the matter told AFP on Tuesday.
Mar 10, 2015, 20:08 PM IST
Greece warns of possible referendum ahead of crucial meeting
Finance minister Yanis Varoufakis has upped the stakes sharply ahead of Monday`s crucial Eurogroup meeting in Brussels by raising the prospect of new Greek elections or even a referendum on any debt deal.
Mar 08, 2015, 19:30 PM IST
DLF to sell properties worth Rs 15K-cr in various projects
India's largest realty firm DLF plans to monetise properties worth about Rs 15,000 crore under various projects to boost its cash flow and reduce debt, a senior company official said.
Mar 08, 2015, 11:41 AM IST
US debt limit looms again: Jacob Lew warns on `brinksmanship`
US Treasury Secretary Jacob Lew urged Congress Friday to avoid another disruptive battle over the country`s borrowing ability, which is scheduled to be capped in nine days.
Mar 06, 2015, 22:27 PM IST
