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    • Oil tax hike | Waiting for lunch after paying for it

      Taxes as a percentage of base price are 260 percent for petrol and 256 percent for diesel.

    • Subdued Japan inflation, weak demand adds to BOJ's pressure

      Friday's data showing a modest pick up in household spending will be welcome news for the BOJ, which kept policy steady on Thursday and clung to its view that inflation will accelerate next year as rising wages spur consumer spending.

    • BOJ expands monetary base to 80T yen per year

      The central bank says it will expand annual bond purchases to 80 trillion yen a year, up from the current 50 trillion yen. It will also extend the duration of bonds it holds to about 7-10 years.

    • Japan factory output jumps ahead of tax hike, outlook murky

      Labour demand continued to improve and household spending rose more than expected, providing hope that domestic demand could underwrite a recovery after lacklustre growth in the fourth quarter of last year.

    • See strong equity mkt for next 2-3 months: Richard Harris

      The market sentiment has soared all around the world including the Asian equities as well. In an interview to CNBC-TV18, Richard Harris of Port Shelter Investment said that strong equity growth is the main reason for the sharp rise in the market.

    • US House Republicans resigned to tax hike in fiscal cliff

      Republicans in the US House of Representatives are resigned to seeing some sort of income tax increase in legislation to avoid a "fiscal cliff," but such efforts could be doomed in the absence of spending cuts, some Republican lawmakers say.

    • Obama hopeful of a bipartisan solution to fiscal cliff

      US President Barack Obama is hoping for a bipartisan solution to protect the middle class from an automatic tax hike in the absence of a budget deal, after a Republican proposal designed to help avert a year-end fiscal crisis fell through due to a Conservative backlash.

    • Obama says tax hike on rich should be part of fiscal deal

      Newly re-elected President Barack Obama offered on Friday to deal with Republicans to avert a looming US fiscal calamity but insisted a tax increase for the very rich must be part of the bargain.

    • Fixing 'fiscal cliff' will mean 'high, higher' taxes: Gross

      A newly re-elected President Barack Obama will push for higher taxes - including a dividend-tax hike that will cause a substantial drop in stocks, Pimco's Bill Gross told CNBC Wednesday.

    • Tax hikes on the menu in US debt talks

      Top US lawmakers will tackle the politically treacherous topic of tax hikes in their next round of debt-reduction talks, a Republican involved in the discussions said on Tuesday.

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