In a vote that was unanimous, all of the 19 banks polled by CNBC predicted that there will likely be a rate hike this year with all but one indicating that there will be one or more hikes ahead in 2016.
Posts tagged MC
Fed interest rate hike almost a done deal: Banks (16-12-2015)
Here’s how the Fed actually raises interest rates (16-12-2015)
Essentially, the heavy lifting gets assigned to bond traders at the New York Fed who use a few tools to ensure that supply and demand work out so that the primary policy target, or funds rate, is within the range the Federal Open Market Committee expects.
Stocks in news: Infosys, LT, Wipro, Strides, Shree Renuka (16-12-2015)
Infosys | ICICI Bank | Mahindra and Mahindra | Thomas Cook | Arco Tech | Mahindra Holidays | MRPL | Intellect Design | IOC | Larsen and Toubro | GVK Power | LIC Housing Finance | Strides Arcolabs | Shree Renuka | Bajaj Hindusthan and Sakthi Sugars are stocks, which are in the news today.
Wall Street closes up with energy, financials (16-12-2015)
The Dow Jones industrial average rose 156.67 points, or 0.9 percent, to 17,525.17, the SP 500 gained 21.45 points, or 1.06 percent, to 2,043.39 and the Nasdaq Composite added 43.13 points, or 0.87 percent, to 4,995.36.
Nifty to rise at open, tracking global cues; FOMC in focus (16-12-2015)
Indian shares are expected to open up in the green, tracking broad strength in Asian markets, and after a positive close on Wall Street overnight as the Federal Reserve started its 2-day rate-setting meeting.
Samsung takes Apple patent war to US Supreme Court (15-12-2015)
Samsung’s petition must first be accepted for review by the Supreme Court. It is the latest step in a long-running patent lawsuit between the rival companies that epitomized the global smartphone wars.
DoT clears path for Vodafone entities merger (15-12-2015)
As per the process, Vodafone now needs approval of the High Court for amalgamation of its entities and then complete the process by informing registrar of companies.
PAN compulsory for transactions above Rs 2 lk: Shaktikanta (15-12-2015)
PAN will also be mandatory for purchase of immovable property, such as houses, of more than Rs10 lakh, he said adding that the detail will also be compulsory for opening all bank accounts except those under the Pradhan Mantri Jan Dhan Yojana.
PAN compulsory for opening all bank accounts: Shaktikanta (15-12-2015)
PAN will also be mandatory for purchase of immovable property, such as houses, of more than Rs10 lakh, he said adding that the detail will also be compulsory for opening all bank accounts except those under the Pradhan Mantri Jan Dhan Yojana.
Canada’s Pension Fund invests Rs 1000 cr in LT’s infra arm (15-12-2015)
This is the second tranche of investment made by CPPIB’s in LT Infrastructure Development Projects Ltd. In June last year, CPPIB had committed to invest Rs 2000 crore in LT IDPL.