Italy raised its forecasts for economic growth this year and next and said it would cut the budget deficit by less than previously promised.
A top finance ministry official said there is scope for a RBI rate cut at the next policy review as retail inflation continues to be low.
"...We have seen growth slowing down and investment not picking up."
Greece will remain under supervision after it exits its current bailout programme next year, the head of the group of euro zone finance ministers told a Greek newspaper.
Britain's credit rating has been cut over concerns about the UK's public finances and fears Brexit could damage the country's economic growth.
SBI LIFE INSURANCE
Subscribed 0.6, Day 3
A2Z INFRA ENGG
To Issue Rs 8 Cr Shares adding up to Rs 850 Cr
Issue amounts to 74% of Total Debt
Issue for one-time settlement to lending banks
To pay Rs 17.50 Cr in cash
To issue shares worth Rs 25 Cr
Total SICOM Debt outstanding at Rs 114.28 Cr
KNR CONSTRUCTION JV
Bags order worth Rs 884.47 Cr from Govt Of Telangana
Approves Allotment Of 3.35 Cr Shares Pursuant To QIP
Fresh Issue: 2.23 Cr
OFS: 1.11 Cr