Tag Archives: policy:

Sensex ends 139 pts higher ahead of Fed policy outcome; Realty stocks gain

Photo: Shutterstock Sensex, Nifty rose on Wednesday, with financial stocks accounting for nearly half the gains, while investors awaited the outcome of the US Federal Reserve policy meet later in the day. The Federal Reserve is expected to raise interest rates at its first policy meeting under Chairman Jerome Powell and may signal more hikes are coming in response to tax cuts and government ... Read More »

The real danger to the US economy in Trump’s trade policy

Photo by Andrew Harrer-Pool/Getty Images Gary Cohn resigned on Tuesday as director of the National Economic Council. His departure came in the wake of losing the policy argument over sweeping new taxes on imported steel and aluminum. Cohn’s surprise resignation is a valuable reminder that the real risk with this Trump initiative isn’t the tariffs themselves — it’s what happens ... Read More »

Bank of Japan holds policy steady

Japan’s central bank opted to hold interest rates steady on Thursday as a new board member dissented in favour of further monetary easing. The Bank of Japan said overnight interest rates will remain steady at 0.1 per cent, that 10-year bond yields will be capped at around zero percent and central bank will continue to buy assets at around ¥80tn ... Read More »

Government Releases Consolidated FDI Policy Document

New Delhi: The Commerce and Industry Ministry on Monday released the next edition of its consolidated FDI policy document, incorporating all the changes made over the past year. The Department of Industrial Policy and Promotion (DIPP) said the new “circular will take effect” from the same day. The consolidated policy is a compilation of the various decisions taken by the ... Read More »

RBI Governor Cited ‘High Uncertainty’ On Inflation For June 7 Policy Review

  Mumbai: Reserve Bank of India Governor Urjit Patel cited “high uncertainty” on inflation while holding the key interest rate for a fourth successive policy review, according to minutes of the June 7 meeting of Monetary Policy Committee released on Wednesday. It was the first time that a Monetary Policy Committee (MPC) member had voted against the majority decision. At ... 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 »

Japan November machinery orders seen falling on U.S. policy uncertainty

A Reuters poll on Friday found Japan’s machinery orders were expected to fall in November, the first decline in two months, suggesting firms remain cautious about capital spending. Core machinery orders, a highly volatile data series regarded as a leading indicator of capital spending, were expected to have slipped 1.7 percent in November following a 4.1 percent rise in October, ... Read More »

Fed’s Yellen says ‘high-pressure’ policy may be only way back from crisis

The Federal Reserve may need to run a “high-pressure economy” to reverse damage from the 2008-2009 crisis that depressed output, sidelined workers, and risks becoming a permanent scar, Fed Chair Janet Yellen said on Friday in a broad review of where the recovery may still fall short. Though not addressing interest rates or immediate policy concerns directly, Yellen laid out ... Read More »

Schaeuble says Germany must stick to no new debt policy after 2017 election

German Finance Minister Wolfgang Schaeuble said on Sunday it was important that Germany sticks to its fiscal policy of taking on no new debt after next year’s federal election as it was necessary to reduce public debt. In July government sources said Germany wanted to stick to plans for a balanced budget over the next four years and reduce its ... 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 »