Tag Archives: could

Petrol, Diesel Prices Poised For A Cut. How Much Could You Save

Your visit to a fuel station to fill up petrol or diesel after the 15th of this month may leave you surprised: your bill might be less than you think. Global fuel prices have fallen over the past fortnight while the rupee has remained stable. Oil marketing companies like Indian Oil (IOC) and Hindustan Petroleum (HPCL) have already passed on ... Read More »

Thousands of car finance payments could be hit by economic downturn, analysts warn

Thousands of drivers would be unable to keep up their car payments in the event of an economic downturn, analysts have warned, prompting concerns about a mis-selling scandal. With nearly 90 per cent of new cars sold using finance deals, the majority of which means the owner effectively leases their vehicle for three or four years instead of buying outright, ... Read More »

How Trump’s tax proposal could impact his own business empire

The Trump administration unveiled their proposal to overhaul the tax code on April 26, outlining sharply lower tax rates but fewer tax breaks. (Video: Jenny Starrs/Photo: Jabin Botsford/The Washington Post) President Trump’s massive tax-cut proposal would slash taxes on hundreds of businesses he and his family own. The White House on Wednesday unveiled a proposal that would cut the top ... Read More »

This foursome could be the most exciting event for markets Tuesday

Bryan R. Smith | AFP | Getty Images Traders work the floor of the Dow Jones at the closing bell of the New York Stock Exchange. Traders, scratching for a market catalyst, may find it in the flock of Fed speakers on the calendar Tuesday. Monday’s session was quiet, both in stocks and bonds. “If anything’s going to stir the ... Read More »

Trump could change trade stance, says former Bush adviser

Donald Trump may make new US policy on trade more “nuanced” than his tough campaign pledges suggested, a former adviser to George W. Bush has said. Mr Trump has vowed to renegotiate trade deals, including with China, to benefit the US. But Pippa Malmgren told the BBC he may not be able to implement protectionist policies without damaging the US ... Read More »

RBS’s worst-case legal bill could hit $27 billion

Royal Bank of Scotland may have to pay out as much as $27 billion (21.74 billion pounds), roughly the market value of the bank, in misconduct fines and lawsuits over the next few years, lawyers and analysts said. That bill represents the upper end of estimates to settle a range of claims related to RBS’s alleged misconduct before and during ... Read More »

‘Hard Brexit’ could cost 66 billion pounds a year – Times

The United Kingdom could lose up to 66 billion pounds a year under a “hard Brexit”, The Times reported citing leaked government papers. GDP could fall by as much 9.5 percent if Britain leaves the European Union compared with if it stays within the union, The Times reported. The 66-billion-pound figure was in a draft cabinet committee paper which was ... Read More »

Parliament could force banking inquiry despite hostile Coalition, says Senate clerk

The opposition and minor parties could force a rare and powerful “commission of inquiry” into the banks if the Coalition refuses a royal commission, according to the clerk of the Senate, Rosemary Laing. And the Senate’s key parliamentary adviser said if the commission of inquiry bill won a majority in both houses it would be an outcome that “any government ... Read More »

Berkeley could be dumped from FTSE 100 as Brexit bites

British housebuilder Berkeley Group could be kicked out of the top UK equity index following a sharp drop in its stock price on concerns about the pace of economic growth in Britain after it voted to leave the European Union. Berkeley shares have slumped nearly 30 percent so far this year, against a 10 percent gain for the FTSE 100 ... Read More »

ECB rates could stay low if other policy areas don’t contribute

European Central Bank rates could remain low unless other policy areas start contributing, raising the risk that they could increasingly hit their effective lower limit, a top policymaker said on Saturday. In a largely academic speech, ECB Executive Board member Benoit Coeure also warned the effect of monetary stimulus in such an environment could be weakened and come with increasing ... Read More »