The European Central Bank has cut interest rates to a record low of 0.5 per cent. This in a bid to boost the Eurozone's flailing economies. In fact, ECB president has pledged even further reductions.
Euro sceptics across Britain will have more things to be happy about as the UK Independence Party, reputed for its anti-European stance, stole the show at yet another British by-election. The party that has been seeking UK's withdrawal from the European Union ...
The European Central Bank slashed its benchmark interest rate by 25 basis points to an all-time low of 0.5 per cent. The rate cut was expected but boosted the Euro currency against the US dollar.
The Euro crisis may be started to literally cost lives. Academics behind a major study say that as many as 10,000 people have committed suicide due to economic ruin.
The bailout cash for Athens was unlocked only after it did away 15,000 jobs to meet budget demands set by the IMF and EU. But the mood could get grimmer as the European Commission draws out the unemployment data.
Russian President Vladimir Putin addressed the largest industrial fair in Hanover, Germany, as he arrived in the country on Sunday for an official visit.
Former Union minister during the NDA regime Jaswant Singh speaks up on the chopper deal scam. According to him, media should not indulge in wild speculations but wait for the probe report to come out. He says that the investigators should first find the money ...
The match fixing scandal that has rocked the world of football is a multi-million Euro enterprise run by Asian crime syndicates. According to sources, fixers made a profit of 6.9 million pounds in Germany alone. The biggest individual payoff was 121,000 pounds...
The global economy is on the verge of a currency war. Japan, with its new Prime Minister has been pushing for a more aggressive Central Bank policy, has been dropping the Yen by 11 per cent since December. Meanwhile, in Europe, the Euro is rising despite the E...
President of the European Council Herman Van Rompu talks of a deal to reduce Ireland's economic debt, even as it takes up the presidency of the European Council.
Ireland takes over the reigns of EU and prepares to launch a plan, spanning six months, to bring back growth and jobs, and put the Euro back on track. But Ireland has its own set of economic problems and though there have been no protests on a large scale as s...
Paris lives up to its name, the City of Lights, especially during the holiday season. However, this year's Christmas illumination has cost a million Euro. The budget for lighting the Avenue des Champs Elyees boulevard has been taken up by the committee of Cham...
David Campbell Bannerman says that he is against a single army under the EU and calls it an attack on national sovereignty. He voted against this at the ongoing EU summit in Brussels.
The EU leaders unanimously agree that reducing the defence budget will lead to its strategic decline and are intent on keeping their national militaries strong. It can create jobs and will also lead to investments in the military industry.
German Chancellor Angela Merkel warns of the possibility of a no deal at the EU summit's budget talks in Brussels. Britons have a mixed response on whether Britain should be a part of the European Union or if it is better off out of it.
European leaders are trying to work out a budget deal at the EU summit in Brussels. There are opposing opinions about what to cut and what to fund, and whether to increase, decrease or freeze the budget. UK's Prime Minister David Cameron is under immense presu...
Israel's latest strikes hit refugee camps in Gaza, killing three children. Israel exchanges fire with Syria who fired on its troops in the disputed Golan Heights. Both UK and France prepare to supply arms to Syrian rebels after acknowledging the new opposition...
The spate of austerity cuts have driven many European countries to stage protests and strikes, resulting in clashes with police as the European Union sinks into another recession. Protests are in full swing in countries like Spain, Greece, Portugal and Italy.
Interview with Sophie Shevardnadze | Professor Max Otte, politics and business expert, speaks on the detrimental economical situation in the European Union. Otte believes that this situation might go on for a while, as the current problems in the EU arise from...
Ukrainians who headed to Europe in search of a better life are returning home to escape the Euro crisis. The opportunities and lifestyle back in Ukrain is seen as more comfortable than the situation in Europe right now. Ukrainian migrants are a source of chea...
Seen as the reason behind the severe austerity measures that have crippled the country, Greeks are protesting against German Chancellor Angela Merkel's visit to Athens. She is here to meet Prime Minister Antonis Samara. Greece is now in its fifth year of reces...
Al Gurnov discusses the current developments in Russian football with Sergey Pryadkin, President of the Russian Football Premier League. The new season started on a surprising note, with the football clubs deciding to recruit foreigners in an effort to boost c...
The Prime Minister of Luxembourg Jean-Claude Juncker speaks to Al Gurnov about keeping the Euro afloat. As the President of the Euro Group, he is involved in the process of stabilising the Euro and is dubbed in the media as 'Mr Euro'. He calls the current cris...
Russian champions Zenit St. Petersburg, who are hoping to impress the world at the upcoming UEFA Champions League tournament, have spent a record 64 million pounds on their two new signings. Equivalent to 80 million euros, the club has purchased the elite serv...
Pavlyuchenko's goal in the second-half of the game gave Lokomotiv Moscow the much-needed win against Spartak Moscow. Pavlyuchenko had earlier played for Spartak.
Spartak clinch the Champions League group stage place with a 3-2 aggregate win against Fenerbahce. The team held on for a 1-1 draw against Fenerbahce before qualifying the second leg of the league.
Goalkeeper of Russia, Vyacheslav Malafeev decides to retire from international football to bring up his children. The 33-year-old was the country's first choice for goalkeeper in the Euro 2012 match. Following his wife's death in a car crash in March last year...
Spartak with an edge of 2-1 in the UEFA Champions League play-off against Fenerbahce now look forward to play another match. Fenerbahce coach Aykut Kocaman has asked his team to keep cool and not get worried while playing against Spartak.
NIIT's CEO Arvind Thakur joins Shaili Chopra at Jaypee Greens for a game of golf and talks about how NIIT Technologies is faring in the slowdown that has laid seige on the world economy since the Lehman crisis. Thakur feels the technology industry is mostly af...
Fourth straight day of gains coming in for the Indian rupee, as the rupee markets open half a percent on the higher side today. Some of the volumes have been lower because of the bank employees strike, but most of the fundamentals have been supportive. The Eur...
Spartak Moscow beat Fenerbahce 2-1 at home in a Champions League playoffs. Emmanuel Emenike was in full form against his former club as he scored a goal for Spartan Moscow.
Punita Kumar Sinha quizzes Raghuram Rajan, Professor-Finance, University of Chicago, about the Euro crisis. Rajan talks about the advantages of a common currency and how a breakup of the Euro can plunge those European countries into a deep recession. He believ...
In its first match after the Euro championship in July, Spain wins a friendly match against Puerto Rico. Santi Cazorla and Cesc Fabregas scored two goals in the first half to give Spain its victory. This match also marks the first ever game between the two cou...
Global Business Report speaks to Jeremy Batstone-Carr, Director-Research, Charles Stanley, on whether the ECB will be forced to cut rates based on monetary action from China, the Euro debt crisis, if Monti's actions are resolving the crisis or making it more d...
Hot Commodities speaks to Gangadhar Darbar, ED, Nomura India and Vijay Bhambwani, Author & CEO, BSPLindia.com in the Currency Watch segment as the Rupee and USD gains, while Euro remains under pressure.
Kola Krishnamohan, the man who duped the public and banks of several crores of rupees by making them believe that he had won Rs 83 crore lottery, was arrested from Hyderabad's Vanasthalipuram. A warrant has been pending against him in a court in Vijayawada.
Former Finance Minister and BJP Leader Yashwant Sinha lashes out at Prime Minister Manmohan Singh and the UPA Government. He says the PM has said the right things but failed to achieve them.
The Spanish team is given a hero's welcome in Madrid after their victorious return from the Euro championship. The players embarked on an open bus and joined the fans in celebration.
Team Italy beats Germany 2-1 and goes to the finals of Euro 2012 football tournament. Even though Germany began on a good note, Italy soon caught up and Mario Balotelli scored two goals, rocketing Italy to the finals.
Spain reaches its third straight major championship final, beating Portugal 4-2 in a penalty shootout following a scoreless draw after extra time. Cesc Fabregas scored the winning penalty goal to keep Spain on track.
Arrest Euro lottery scamster Kola Krishna Mohan, says TDP leader Nani. He said Kola has two non-bailable arrest warrants pending against his name in Vijayawada, and yet he is free to appear before tv channels and levels allegations against political leaders. K...
The Indian rupee continued to plunge Friday, hitting a fresh record low against the dollar over growing concerns about the global economic outlook and bearish sentiment on India's economy.
The constant downfall in the value of rupee against the dollar has arrived at yet another landmark figure of Rs 56.99. At its lowest against the dollar ever, the value of rupee has been attributed to the eurozone crisis that has been causing an economic slowdo...
Kola Krishna Mohan, infamous for his 'Euro Lottery' scam, has made an appearance before the media after so many years, and claimed that Chandrababu Naidu has bank accounts abroad. What is the truth? Did Kola pay black money to TDP in a bank account abroad? Wat...
The New Democracy Party won the closely watched elections by a narrow margin. Party leader Antonis Samaras said Greeks had chosen to stay in the Euro, and sought a "national salvation government".
In some good news for Poland fans, 33-year-old elephant Citta predicts a Poland win over Russia in the Euro 2012 championship. Citta the elephant had got her prediction right in the CL finals earlier.
With thousands of fans to arrive in Ukraine for the Euro 2012 championship, prostitutes in the country are looking forward to more business. Being a country that has one of the worst AIDS epidemic, this new prospect is raising a lot of concerns.
Spain arrives at the Euro Cup 2012 as the defending champion and the World Cup winner looking to become the first side to win three major international trophies in a row. It has won all eight of its qualifiers for Euro 2012.
Headlines Today breaks down the prime clashes to watch out for in a group-by-group analysis of all the teams participating in the UEFA Euro 2012. Although the 'group of death' permutations between Germany, Netherlands, Portugal and Denmark promise to be a full...
Hot Commodities on ET Now informs, educates and helps investors trade in commodities, by simplifying the maze of commodities that are traded during the day.
ONGC requests government not to levy higher cess, Government expenditure has been understated in Union Budget, says Morgan Stanley, and more business news.
European stocks dropped, as China cut its forecast for economic growth and data showed manufacturing and services in the euro area shrank more than estimated.
Football fans in New Delhi had a rare chance to see the UEFA Euro 2012 trophy, as it was unveiled at a grand ceremony on Saturday by former India football captain Baichung Bhutia.