Fiscal Cliff

President Barack Obama has reached out to Republican and Democratic lawmakers in search of a resolution to automatic across-the-board US government spending cuts, a White House official said on Sunday, but Republican congressional leaders offered little hope for a quick solution.

Wall St Week Ahead: Investors face another deadline

US investors face another Washington-imposed deadline on government spending cuts next week, but it's not generating the same level of fear as two months ago when the "fiscal cliff" loomed large.

Bull or Bear: Don't judge the equity markets yet

While many global economies may have averted a default here and a decline there, the crisis is far from over. Don‘t judge prematurely!

US data, earnings suggest 'fiscal cliff' fears overhyped

Jon Najarian's no wimp. He's taken his shots more than once during three decades playing the US stock and options markets and before that as a college football player. So he doesn't scare easily.

Republicans move to suspend debt ceiling until May

House Speaker John Boehner indicated Tuesday that Republicans will vote on an extension of the federal debt ceiling to allow Treasury to borrow money until mid-May. The move would reverse the order of a series of expected debt and spending fights in Washington, an effort designed to put the GOP on more sound political footing.

WEF meet starts amid fiscal woes staring at global economy

The six-day long World Economic Forum annual meet, which will see participation of over 100 Indian business and political honchos as well as global leaders, began here today and fiscal woes in the world economy are expected to dominate discussions.

Obama sworn-in as US President for second term

Four years after scripting history by becoming America's first black President, Barack Obama today began his second innings at the White House after being ceremonially sworn in as the US President with budget troubles, gun control and immigration issues lurking ahead.

Quality stock will come for a premium in 2013

Four experts tell us that though the year may not give great returns, equities still remain the most preferred asset class to invest in.

IMF chief urges big world economies to promote growth

Nations around the globe need to press forward with fiscal and reform promises, especially in the United States and Europe, to reduce the uncertainties shackling growth, the head of the IMF said on Thursday, warning that the global economy barely dodged a bullet last year.

Debt ceiling battle: Why no one agrees on anything

Amid an increasingly acrimonious debate over the debt ceiling, it appears that how each party even explains the way the government spends money depends on what party they belong to and whether that party holds the White House or Congress.

Why debt ceiling is far scarier than the 'fiscal Cliff'

As far as menacing metaphors go, there's almost no contest between the fiscal cliff and the debt ceiling. The cliff summons up images of plunging to our doom. The ceiling is just something that keeps the rain off our heads.

World Bank cuts growth outlook as advanced nations drag

A frustratingly slow economic recovery in developed nations is holding back the global economy, the World Bank said on Tuesday, as it sharply cut its outlook for world growth in 2013.

Wall Street eyes lower open on debt limit, profit worries

Wall Street was set to open lower on Tuesday as investors fretted over the debate brewing in Washington over raising the US borrowing limit as well as what is expected to be a lackluster earnings season.

See good opportunity to buy in consolidating market: Expert

In an interview to CNBC-TV18, Patrick Legland, global head of research at Societe Generale said that the global market is in a consolidation phase, though the appetite for risk still persists.

Exports likely to recover in 2013-14: CRISIL

CRISIL Research has come out with its analytical note titled "Exports likely to recover in 2013-14" based on trade data for December 2012. According to the reserarch firm, global crude oil price in 2013-14 is expected to decline to $100 per barrel from $109.3 per barrel in April-December 2012.

Wall St Week Ahead: Attention turns to financial earnings

After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street.

Geosphere expects market to eke out moderate gain hereon

Arvind Sanger, managing partner, Geosphere Capital Management expects the stock markets to eke out moderate gain from hereon.

India may lag global peers until budget: JPMorgan

Of late the US fiscal cliff has been a cause of concern globally and Adrian Mowat, Chief Asian and Emerging Market Equity Strategist, believes markets around the world are likely to be volatile due to the debt ceiling negotiations.

Americans think government could harm economy

Last week's "fiscal cliff" deal did little to ease fears among Americans that Washington could harm the US economy or their personal finances in the months to come, according to a Reuters/Ipsos poll released on Monday.

Oil slips to $111, growth hopes support

Oil eased to USD 111 a barrel on Monday as some investors booked profits after last week's gains, although optimism that the world's biggest economies are on a steady recovery path limited the decline.

Equities may correct on debt ceiling uncertainty: JP Morgan

Debt ceiling uncertainties will cloud US equities but corrections will be modest, says Andrew Economos of JP Morgan. Speaking to CNBC-TV18, he said fund outflow from fixed income will likely support equities and found concerns on early QE3 closure overrated.

Brent stays above $111 on signs of growth in US, China

Brent crude futures held above USD 111 per barrel on Monday, supported by signs that the world's biggest economies are on a steady recovery path, but inventory data showing weak fuel demand in the United States curbed gains.

Expect IT cos to post weak Q3 results: Dilip Bang

The past fortnight was dominated by news on fiscal cliff in the US. As the year drew to a close, the US reached a deal at the eleventh hour to avert huge New Year tax hikes and spending cuts, known as fiscal cliff, which would have otherwise sent the US economy into recession.

Bank licences to NBFCs risky; focus on growth : Stiglitz

Nobel Prize-winning economist Joseph Stiglitz explains on CNBC-TV18 that issuing bank licences to NBFCs is risky and suggests maintaning the focus on boosting growth

Wall St Ahead - 'Cliff' concerns give way to earnings focus

Investors' "fiscal cliff" worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports get under way next week.