Watch this edition of Business Insight to find out what these reforms mean for the Indian economy.
Leftist Prime Minister Alexis Tsipras will be required to push legislation through parliament from Monday to convince his 18 partners in the monetary union to release immediate funds to avert a Greek state bankruptcy and start negotiations on a third bailout programme.
Implementations of key reforms, cut in interest rates, overhaul of tax regime and a stable global economy are some of the wishes that Dalal Street expects to come true in the new year.
US Secretary of State Hillary Clinton has called for India to further open up its economy for foreign investment and reduce barriers for trade.