Sovereign Debt Default

"Of course we will sue, because we have taken all the necessary steps to ensure that investors receive their payments," Siluanov told the newspaper in an interview.

Equities to see volatility, commodities to steady: Experts

Experts join CNBC-TV18 to opine on the outcome of the Jackson Hole meeting where US Fed chairman, Ben Bernanke, announced no new policy, but did not entirely dismiss the idea of an additional stimulus.

Lloyd Bank says EU expectations of Greece unrealistic

Trevor Williams, economist at Lloyds Bank joins CNBC-TV18 to discuss what is happening in the euro zone, specifically Greece. EU and IMF expectations of Greece are unrealistic, he says. Greece has not been able to meet their needs in the past year and has not been able to pay back.