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    Rescue Package

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    • Package to rescue 16,000 MW of gas-based power plants

      Power Minister Piyush Goyal met Oil Minister Dharmendra Pradhan to chalk out the rescue package that may involve rescheduling of loans to power companies as well as making available fuel at affordable price through means like pooling of average cheaper domestic gas price with costly imported LNG.

    • Cyprus plans tax breaks, casinos to kickstart economy

      Cyprus plans to lift a ban on casinos and offer firms tax exemptions on profits reinvested on the island under a package of reforms to kickstart its ailing economy, its president said on Monday.

    • Greece must stick to bailout terms: IMF's Lagarde

      IMF chief Christine Lagarde said that political leaders in Greece need to show the resolve to stay in the euro zone, which will require Athens to stick to the terms of its rescue package

    • IMF, Greece continue talks to finalize bailout

      The International Monetary Fund and Greek authorities continue talks to finalize details of a new rescue package following an agreement among the country's political leaders.

    • Pranab, Stiglitz discuss Eurozone problems

      Nobel prize winning economist Joseph Stiglitz today discussed the Eurozone debt crisis with Finance Minister Pranab Mukherjee.

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