Tag Archives: Will

State Bank of India (SBI) cleared on cash transaction charges: Rs 25 will be charged but only …

SPECIAL THINGS 25% charge per withdrawal on withdrawal of money from SBI Bank Big ATM Media reports that SBI would charge 25 rupees for all ATM transactions SBI Bank has given clearance in this regard. New Delhi: Country’s largest bank, State Bank of India (SBI) has made changes in the service charge of some cash transactions related to ATM withdrawals, ... Read More »

The market will ‘continue to see a slow melt-up,’ expert says

While recent market highs may have some concerned about valuations, several experts told CNBC on Friday they expect stocks to move higher, at least for a little while. Both the S&P 500 and Nasdaq managed to eke out new highs Friday, while the Dow Jones industrial average closed just below the flatline to snap a six-day winning streak. “We will ... Read More »

Thousands of Class 12 students will pay the price for government’s botched-up reform of marks policy

Late in April, when the Union Ministry of Human Resources Development announced that officials of 32 state and central boards of education had decided to scrap the moderation of marks – also known as the grace marks policy – from 2017, school teachers across cities felt conflicted. Most agreed that the practice had to go. It involves giving extra marks ... Read More »

This Caribbean Bank Wants Chinese Money No One Else Will Touch

The global campaign against money laundering combined with the Panama Papers made the Caribbean islands of sun, sand and offshore banking a near no-go zone for the world’s biggest banks. So the British Virgin Islands has a solution: a bank to service offshore companies, many of them from China, locked out of the global banking system by HSBC Holdings Plc, ... Read More »

What Will The Trump Economy Look Like?

When the economy generated over 200,000 new jobs in January and again in February, Donald Trump suddenly decided that he respected the government statistical agencies. But when the economy produced only 98,000 jobs in March, the Administration was uncharacteristically quiet. That same report revised the earlier numbers downward by about 38,000 jobs. Compared with a year earlier, job creation in ... Read More »

Tsipras will put pensioner bonus to Greek parliament

pped a rise in VAT for residents of Aegean islands to help relieve the economic pressure caused by an influx of migrants. A spokesman for Jeroen Dijsselbloem, the head of the Eurogroup – the eurozone finance ministers who have been negotiating with the Greek government over its massive debts – said the Greek government’s action appeared “to not be in ... Read More »

Janus’ Gross says Trump will be one-termer, in failure for populism

President-elect Donald Trump will last no more than four years in the White House, a period when corporations and Wall Street will retain the upper hand over the struggling workers who helped elect him in a populist wave, bond manager Bill Gross of Janus Capital Group Inc said on Wednesday. In his monthly investment outlook, “Populism Takes a Wrong Turn,” ... Read More »

Carney says will not extend his time at BoE again

Bank of England Governor Mark Carney said on Tuesday he would not consider a further extension of his time in charge of the British central bank, which is now due to end in June 2019. “I will leave June 30, 2019,” Carney said in response to a question during a regular meeting with lawmakers in parliament. The Canadian said on ... Read More »

Antofagasta says will defend against regulator’s charges

Chile’s Antofagasta Minerals (ANTO.L) said on Friday it would present a defence after Chilean regulators accused the company late Thursday of mismanaging water resources and nearby plant life at its Los Pelambres copper mine. The company said there were some errors in the information that led Chilean regulators to draw up the charges but it did not elaborate on the ... Read More »

BOJ will act ‘without hesitation’ to revive inflation- Kuroda

The recent dip in inflation in Japan may mean inflation expectations are not yet anchored at the Bank of Japan’s two percent target, and the bank will approve more quantitative easing or lower negative interest rates “without hesitation,” BOJ Governor Haruhiko Kuroda said on Saturday. “The Bank of Japan will continue to carefully examine risks and take additional easing measures ... Read More »