European Debt Crisis

Four more years!

Delhi Musings |  Shormishtha Panja

Now that Barack Obama has won a second term, let's look at some of the reasons for his victory in what was predicted as a ...

Japan to enter dollar swap agreement with India

Tokyo: The Japanese government is considering a dollar swap arrangement with India to provide emergency liquidity in case the European debt crisis reaches emerging economies, the Nikkei business newspaper said on Sunday. The agreement would set the total swap arrangement at $10 billion, or 780 billion yen, the Nikkei said. Both countries are looking to sign off on the arrangement next Wednesday, when leaders meet at a bilateral summit, the...  

Greek protests as France, Spain face squeeze

Paris: Greek police clashed with anti-austerity protesters and Italy announced sweeping reforms in response to a European debt crisis that on Thursday pushed borrowing costs for France and Spain sharply higher. More than 30,000 Greeks took to the streets of Athens in a protest rally that marked the first public test for a new national unity government that must impose painful spending cuts and tax rises if the country is...  

Sensex closes 516 pts higher on Eurozone bailout

Mumbai: After a long Diwali break, the market saw 600 points rally in the Friday's opening trade and held the straight line on the graph throughout the session. Huge fresh longs build up took the market to near 3-month high. The 30-share BSE Sensex climbed 515.97 points or 3 per cent, to close at 17,804.80 and the 50-share NSE Nifty jumped 158.90 points or 3.05 per cent, to end at...  

World stocks high after Europe's Greek bailout package

Asian markets extended their rally following global sentiments after Europe announced the Greek bailout package, which calmed nerves worldwide. ...

Infosys says seeks acquisitions up to $ 700 mn

Shanghai: Infosys Ltd, India's No 2 software services exporter, is looking for acquisitions worth up to $ 700 million, Infosys' Executive Co-Chairman Kris Gopalakrishnan said on Thursday. Infosys has been on the hunt for acquisitions in the healthcare and life science sectors and is looking at firms that have platforms or niches in geographies that its lacks. "Typically, the size we are looking for is up to 10 per cent...