Dec 22, 2012 08:12 AM IST
US stocks finished lower on Friday after a Republican plan to avoid the "fiscal cliff" failed to gain sufficient support on Thursday night, draining hopes that a deal would be reached before 2013.
- Dec 22, 2012 06:50 AM IST
According to Mayan prediction, the world should have ended yesterday, so if you are reading this, things have turned out better than expected - and that's largely the story of investment markets during 2012, too.
- Dec 21, 2012 03:35 PM IST
In an interview to CNBC-TV18, Adrian Foster of Rabobank gives his view on the US fiscal cliff. He says without any doubt that a consensus on the agreement will be reached eventually.
- Dec 21, 2012 01:04 PM IST
David Lennox of Fat Prophets and Kishore Narne of Motilal Oswal Commodity Broker share their views on gold and the affect of the US fiscal cliff will have on gold. They also talk about the factors which will impact demand for gold and price in 2013.
- Dec 21, 2012 12:40 PM IST
The US House of Representatives Speaker John Boehner called off a vote on Thursday to raise taxes for wealthy Americans in a proposal dubbed "Plan B," bringing the country on the brink of going over the "fiscal cliff."
- Dec 21, 2012 12:40 PM IST
Asian shares slid on Friday after a Republican proposal to deal with a US fiscal crunch failed to get enough support, deepening uncertainty over the US can avert the "fiscal cliff" of automatic spending cuts and tax increases set to start January 1.
- Dec 21, 2012 11:40 AM IST
Now that House Speaker John Boehner's "Plan B" for addressing the "fiscal cliff" has crashed and burned, the top US Republican appears to have two remaining options - wash his hands of the entire matter or negotiate a compromise with Democrats that could abandon scores of his fellow Republicans.
- Dec 21, 2012 11:13 AM IST
Vibhav Kapoor, IL&FS, says that the Nifty may touch 6100-6300 by February if the US fiscal cliff issue is resolved. He also says that all global markets will be adversely affected if fiscal issue does not end on a positive note. The future market movement is solely dependent on fiscal cliff issue.
- Dec 21, 2012 10:16 AM IST
The rupee falls to 55.18-55.19 versus its previous close of 54.8450-54.8550 amid rising uncertainty over the US "fiscal cliff", which also hurts domestic shares.
- Dec 21, 2012 10:10 AM IST
Friday could be a tense day for markets, as a resolution to the "fiscal cliff" appears less likely in the final trading days of the year.
- Dec 21, 2012 09:46 AM IST
Gold fell more than half a percent on Friday and moved towards its weakest level in four months as the euro slipped against the dollar and talks to avoid a fiscal crisis in the United States seemed to stall again, turning away investors.
- Dec 21, 2012 09:20 AM IST
Indian key benchmarks fell in early trade following downtrend in Asian markets as uncertainty increased over US fiscal cliff. The Indian rupee too weakened, losing 30 paise to fall below 55 against the US dollar at 55.15.
- Dec 21, 2012 08:27 AM IST
Gold regained some footing on Friday as the euro stayed near an eight-month high against the dollar and talks to avoid a fiscal crisis in the United States seemed to stall again, but the metal was still on track for its fourth weekly fall.
- Dec 20, 2012 07:46 PM IST
He has the most-watched video in Youtube history, become a pop sensation with a horse-riding dance craze that has swept the world and now Korean singer Psy may cement his place in popular culture with recognition from a British dictionary.
- Dec 20, 2012 11:12 AM IST
US President Barack Obama has asked Republicans to move beyond partisan objections to compromise with him on averting the year-end fiscal cliff.
- Dec 20, 2012 09:00 AM IST
With gold prices being hammered in recent weeks, and trading near four-month lows on Wednesday, longtime gold bull Jim Rogers is sounding a word of caution, saying it's possible the correction in bullion may continue into the new year.
- Dec 20, 2012 08:15 AM IST
US stocks sold off late in the day to close at session lows on Wednesday as talks to avert a year-end fiscal crisis turned sour, even as investors still expect a deal.
- Dec 20, 2012 08:10 AM IST
President Barack Obama on Wednesday urged Republicans to move beyond partisan objections to compromise with him on averting the year-end "fiscal cliff" and invoked the tragic Newtown elementary school massacre in a plea for flexibility.
- Dec 19, 2012 05:32 PM IST
Ratings firm Fitch said on Wednesday it is more likely to strip the United States of its triple-A status if a political deal is not reached to halt USD 600 billion of spending cuts and tax hikes set for early next year.
- Dec 19, 2012 03:22 PM IST
Brent oil rose above USD 109 a barrel on Wednesday on expectations that a budget crisis in the United States will be resolved, which would save the world's top oil consumer from slipping into recession.
- Dec 19, 2012 12:08 PM IST
The United Nations has lowered global economic growth forecast for the coming two years even as it warned of a new global recession due to the US fiscal cliff situation and EU debt crisis.
- Dec 19, 2012 08:08 AM IST
US stocks rallied on strong volume on Tuesday, capping off the S&P 500's best two-day run in a month, on confidence that a deal would be struck in Washington to avoid painful spending cuts and tax hikes that could hurt the economy.
- Dec 19, 2012 04:22 AM IST
Oil prices rose on Tuesday as apparent progress in resolving the US budget crisis eased concerns that the world's top economy could slip into recession.
- Dec 18, 2012 09:32 PM IST
US House of Representatives Speaker John Boehner emerged from a meeting with fellow Republicans on Tuesday morning pledging to press forward on talks to avert the "fiscal cliff," as hope of a deal rose
- Dec 18, 2012 05:20 PM IST
Stock and market analyst PN Vijay of askpnvijay.com explains, on CNBC-TV18, that a trend of investors increasingly buying risk has commenced and dismisses the effects of the fiscal cliff problem in the US on Indian markets.