Impact of govt’s Rs 8,500-cr sugar bailout package

This week we discuss two issues on our show macro@moneycontrol.<p>The Cabinet on June 6 approved a Rs 8,500-crore bailout package for the sugar industry …


Greece to get up to 15 billion euros after third bailout: German official

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Greece to get up to 15 billion euros after third bailout: German official | Reuters

BERLIN (Reuters) - Greece will likely get up to 15 billion euros ($17.33 billion) from its euro zone allies for stabilization after its third bailout program ends in August, a senior German government official said on Tuesday.<p>FILE PHOTO: A view of the cityscape of Athens, Greece, March 26, 2017. …


Banker at Center of Historic Bailout Dies in Prison

“He died on [June] 16,” a spokeswoman for the equestrian park formerly owned by Malchevsky told the RBC business portal.<p>The outlet cited Malchevsky’s …


Greece clears last big austerity package

Greece's parliament has approved the last big austerity package of its eight-year bailout program required for the country to receive about €11B of …


Malloy To Veto Hartford Bailout Bill Limits

6 hours ago<p>Governor Dan Malloy is vetoing a bill passed by the legislature that would limit the state's bailout of the city of Hartford.<p>The state is …


Greece passes fast-track reform package to unlock bailout cash

© Reuters. Greek Parliament votes on reforms agreed with the country's international lenders in Athens<p>By George Georgiopoulos<p>ATHENS (Reuters) - …


The Latest: Greek parliament approves final bailout reforms

ATHENS, Greece (AP) — The Latest on Greece's effort to exit its bailout program (all times local):<p>5:15 p.m.<p>Greek lawmakers have approved the final batch of creditor-mandated economic reforms as the end of their country's international bailout approaches.<p>The lawmakers voted 154-144 in parliament …


Greece Approves Last Big Austerity Package of Yearslong Bailout

Package of measures including pension cuts and privatizations<p>ATHENS—Greece’s parliament approved the last big austerity package of its eight-year bailout program Thursday, preparing the country for its full return to financing itself on bond markets beginning this summer.<p>Greek lawmakers from the …


Greek parliament approves bailout reform package, moves to no confidence debate | Financial Times

Greek lawmakers have approved a wide-ranging package of economic reforms, clearing the way for euro-area finance ministers to finalise the terms of …


Greece wins new eurozone bailout payment

BRUSSELS (AFP) -<p>Eurozone authorities agreed Thursday to make a fresh one billion euro cash injection to Greece following its latest reforms, positioning Athens well to leave its painful bailout programme in August.<p>The new tranche agreed by the EU's bailout fund on Tuesday is the latest from …


Greek lawmakers in parliament approve the final batch of creditor-mandated economic reforms as end of bailout nears

ATHENS, Greece (AP) — Greek lawmakers in parliament approve the final batch of creditor-mandated economic reforms as end of bailout nears.

Economic Reform

How Should You Trade Sugar Stocks After Centre's Bailout Package? Find Out On Hot Money

How Should You Trade Sugar Stocks After Centre's Bailout Package? Find Out On Hot Money<p>June 12, 2018 08:17 UTC


Trump's Coal, Nuclear Bailout No Shield From Hackers

Bailing out nuclear and coal-fired power plants will not toughen the U.S. power grid against cyber attacks as the Trump administration claims, …


Greece submits reforms to parliament, aiming to unlock last bailout loans

© Reuters. People walk in front of the parliament building in Athens<p>ATHENS (Reuters) - Greece submitted a draft bill to parliament late on Friday …


India’s Sugar Bailout Package Not Enough To Address Industry Woes, Says Crisil

The Union Cabinet on June 6 approved a proposal by the food ministry to create a sugar stockpile of 3 million metric tons for one year. The …


DW Business – Europe & Africa

G7: Tensions grow over Macron/Trump Twitter spat, Report: Deutsche revives Commerzbank merger idea, Argentina and IMF agree a $50bn bailout


Argentina reaches $50 billion bailout deal with IMF

Argentina and the International Monetary Fund reached a three-year, $50 billion loan agreement Thursday, which is subject to IMF executive board …

International Monetary Fund

Govt's sugar bailout package to clear 40% of Rs 220 bn cane arrears: Crisil

With the supply surplus situation anticipated to continue in SS 2019 as well, a further build up in arrears cannot be ruled out


Relief for sugar industry: Modi-led Cabinet okays Rs 85-bn bailout package

Sources said Rs 12 billion would be the carrying cost for the building of the buffer stock

Business (India)

Cabinet Approves Relief Measures For Sugar Industry

The Union Cabinet today approved a Rs 8,000-crore bailout package for the sugar industry to help the cash-starved mills clear cane dues of Rs 22,000 …


Cabinet approves bailout package for sugar sector: government source

NEW DELHI (Reuters) - India's cabinet approved a bailout package for the sugar sector, a government source said on Wednesday after a cabinet meeting chaired by Prime Minister Narendra Modi, to help struggling mills and cane growers.<p>Food Minister Ram Vilas Paswan on Tuesday said the government would …


Sugar shares fall after Cabinet gives nod Rs 85-billion bailout package

Triveni Engineering, Dwarikesh Sugar, Balrampur Chini, Kesar Enterprises, Magadh Sugar and Simbhaoli Sugars were trading down in the range of 5% to …

Business (India)

There's a Chance Trump's Power Bailout Actually Cuts Emissions

One -- potentially unintended -- consequence of the Trump administration’s coal and nuclear bailout plan: Greenhouse-gas emissions could …


Cane farmers sceptical about bailout

The Centre may be planning a new bailout package of ₹8000 crore for the sugar industry, but both cane farmers and sugar mills said they had not …

India News

Sugar stocks in demand; surge up to 7% amid reports of govt likely to announce Rs 7,000 cr bailout package for sector

<b>New Delhi:</b> Sugar stocks rose by up to 7 percent on Tuesday amid reports that the government is likely to announce a bailout package of over Rs 7,000 …


Indian sugar stocks rise on reports government plans bailout for mills

(Reuters) - Shares of Indian sugar companies rose on Tuesday following reports that the federal government would announce a bailout package of over 70 billion rupees ($1.04 billion) for cash-starved sugar mills to help clear dues to farmers.<p>Dhampur Sugar Mills Ltd and Mawana Sugars Ltd gained 7 …


Energy Regulator May Not Weigh In on Coal Bailout

The Federal Energy Regulatory Commission wouldn’t necessarily be involved if the Trump administration invokes emergency authority to rescue ailing …

Trump Administration

Merkel Puts Her Weight Behind a Plan for Future European Crises

German Chancellor Angela Merkel stressed the need for a new euro-area bailout mechanism to prepare for “any crisis situation” and reduce dependence …


Greek Economy Grows for Fifth Straight Quarter

ATHENS, Greece (AP) — Greece's economy has grown for a fifth consecutive quarter, keeping the country's recovery on target as eight years of …