Giving a clear message to ailing Indian carriers, Government today asked national carrier Air India to pull up its socks and become competitive as it "cannot keep on pouring money"
Germany's parliament approved new powers for the euro zone's crisis fund on Thursday but it was not clear if Angela Merkel got enough votes from her coalition to silence rebels
Greece is set for an uphill struggle this week launching sell-offs and tax system reforms to meet European Union and IMF conditions for bailing it out.
A warning from Eurogroup
A 110 billion euro ($146 billion) rescue is set to start flowing to debt-ridden Greece this week, but fears about the viability of the largest ever bailout of a country
Abu Dhabi's eleventh-hour bailout of neighbour Dubai will reassure investors in the short term, but with $35 billion of debts looming and little clarity on how it will pay, Dubai's
The government will consider the issue of infusing equity into ailing Air India.
Federation of Indian Airlines (FIA) threatens indefinite strike.
Troubled banking giant offsets smaller bonuses, plans to award stock options
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