As the Federal Open Market Committee (FOMC) meeting ends in a few hours, it will announce whether it has decided to up short-term rates, denoted by the Federal funds rate, a decision it last took in 2006.
Posts tagged MC
As Fed decision nears, markets’ best bet: ‘A dovish hike’ (17-09-2015)
Cos need to explain delay in disclosure beyond 24hrs: Sebi (17-09-2015)
Tightening the disclosure norms, markets regulator Sebi has warned listed firms that any delay in filing ‘material information’ beyond the 24-hour timeframe will have to be explained.
Power Grid gets shareholders nod to raise Rs 14,000cr (17-09-2015)
State-run utility Power Grid today said its shareholders have approved a proposal to raise up to Rs 14,000 crore through issuance of bonds from domestic and external sources in 2016-17.
EPFO should invest 15% in stocks: Jayant Sinha (17-09-2015)
Government today favoured an increase in pension fund EPFO’s equity market investment to 15 percent, from 5 percent currently, saying it will help contain volatility in the domestic capital markets.
Jayant Sinha says RBI well prepared to deal with Fed action (17-09-2015)
India has built multiple layers of defence to deal with a possible US Federal Reserve’s first hike in interest rates in nine years, and RBI is very well prepared to deal with its impact, the Finance Ministry said today.
Will put tax issues to sleep, undertake more reforms: FM (17-09-2015)
Promising more reforms, Finance Minister Arun Jaitley today said efforts are being made to “put to sleep” pending taxation issues to attract investments and make fundamentals of the economy sound so that it can withstand the global turmoil.
Traders body opposes 20% safeguard duty on steel imports (17-09-2015)
The Federation of Associations of Maharashtra (FAM) has opposed the 20 percent safe guard duty on hot-rolled steel imports, saying the move will kill small and medium steel businesses, and also threatened to take legal measures.
Sustained low inflation must for lower cost of fund: RBI (17-09-2015)
Ahead of the bimonthly monetary policy review, RBI Deputy Governor Urjit Patel today said sustained low inflation over medium- to long-term is necessary to bring down the cost of fund.
Over 17,000 sites still have more than 3% call drop rate (17-09-2015)
With telcos deploying new towers for capacity and coverage enhancement, there are more than 17,200 sites across the country where the call drop rate is still over 3 percent.
NDMC seeks public ideas, suggestions for SmartCity project (17-09-2015)
The New Delhi Municipal Council (NDMC), which is vying for the SmartCity project rolled out by Urban Development Ministry, is now seeking suggestions from public about possible upgradation and development in its areas as well as finalising the revenue model for it.