Financial markets across the world initially interpreted the hike as a positive, with benchmark stock indexes surging, since the Fed said explicitly the path toward normalization would be gradual.
Posts tagged MC
Obama signs Omnibus spending bill; raises H1B visa fee (19-12-2015)
The law comes as a shock for the Indian IT companies as they would have to pay millions of dollars while applying for H-1B visas, as they heavily rely on this work visa for highly skilled IT workers to get their work done in the US.
Will halve marketing costs for financing cos: Indifi (19-12-2015)
Indifi-a combination of the words India and finance- aims to connect small businesses looking for finance, and lenders looking to tap a new segment of borrowers.
Wall St slides on lower crude prices, stock options expiry (19-12-2015)
The Dow Jones industrial average closed down 289.05 points to 17,206.79, the SP 500 had lost 26.27 points to 2,015.62 and the Nasdaq Composite had dropped 58.25 to 4,944.30.
Deficit Dilemma: FY17 deficit target to be met? (18-12-2015)
Finance Ministry Sources Says it’s a bit early to say if fiscal roadmap will be relaxed in the coming Budget.
Syndicate Bank raises Rs 750 crore via bonds (18-12-2015)
“The bank has issued unsecured redeemable non-convertible Basel III Compliant 10 year Tier II Bonds in the nature of debentures (bonds) for inclusion in Tier II Capital aggregating to Rs 750 crore”, it said in a BSE filing.
Narayana Hrudayalaya IPO subscribed 30% on Day 2 (18-12-2015)
The Rs 613-crore IPO received bids for 51,12,900 shares against the total issue size of 1,71,66,309 shares, data available with the NSE till 1700 hrs showed.
Muthoot Finance to raise Rs 500 crore via NCDs (18-12-2015)
Through the issue of NCDs (secured and unsecured), the Kerala-based gold financing company plans to raise up to Rs 250 crore, with a right to retain over-subscription of Rs 250 crore, giving the offering a total size of Rs 500 crore
FinMin mulls major steps to deal with stressed assets of bk (18-12-2015)
“Stressed assets of banks is an area of concern. In the coming few months, some major decisions will be taken to deal with that,” Economic affairs Secretary Shaktikanta Das said at the Ficci AGM.
US House passes $1.14 trillion Spending Bill (18-12-2015)
The House on Friday easily passed a USD 1.14 trillion spending bill to fund the government through next September, capping a peaceful end to a yearlong struggle over the budget, taxes, and Republican demands of President Barack Obama.