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FISCAL CLIFF
- Gold extends gains on buoyant global cues, silver shoots up
Standard gold of 99.5 per cent purity rose by Rs 85 to end at Rs 30,730 per 10 grams from overnight closing level of Rs 30,645.
- US has been taking proactive policy decisions: Sudip Bandyopadhyay, Destimoney Securities
"I was very confident that some kind of solution will be reached by the US senate. "
- US economy bound to slow down even post fiscal cliff aversion: Bibek Debroy
The uncertainty is over, but the fact is that the US is headed for a slowdown, says Bibek Debroy.
- Fiscal deal not a permanent solution to fiscal issue: Manu Bhaskaran, Centennial Asia Advisors
"Important thing for the markets is that no matter how you slice and dice it, at the end of the day there is going to be a significant fisc...
Asia to continue to rise despite US fiscal cliffWhile fiscal cliff impasse will lower US growth, a sea of liquidity and softer commodity prices will benefit India and many other Asian eco...
Why I hate the fiscal cliff: Joshua NeimanWhen you run off a cliff it’s not even like you stay up in the air with your feet going and look down and see you ran off a Cliff and then ...
- Obama 'modestly optimistic' after meeting US Congress leaders
US President Barack Obama appeared "modestly optimistic" after meeting top Congressional leaders and urged them take immediate measures to ...
ET in the classroom: All about US Fiscal CliffIn a week, US could go over a fiscal cliff creating risk and its economy may fall into recession that could worsen global economic crisis.
Eurozone crisis & US fiscal cliff risk dominate sovereign outlook: FitchThe ratings agency also expects that the major EM economies, particularly China, India and Brazil, will regain momentum in 2013.
- Worst seems to be over for Indian markets: Satish Ramanathan, Sundaram Mutual
The worst is probably behind us right now but the US fiscal cliff could create some volatility in the market, says Satish Ramanathan, Sunda...
India may be able to avoid a big impact of US fiscal cliff: John Woods, Citi Private BankWe do need the US to sign off on this fiscal agreement for the likes of China to continue steady improvement, says John Woods, Citi Private...
- Fiscal cliff will give a boost to Indian markets: Sudip Bandyopadhyay, Destimoney Securities
"Investors should worry about the fiscal cliff since it is a matter of concern. But investors are more worried about the time before the fi...
World's 100 wealthiest people lose $26 bn as fiscal cliff nearsThe 100 wealthiest people on the planet lost $26.1 billion from their collective networth this week as global markets fell amid concern abo...
India to be hit if US falls off ‘fiscal cliff’The term ‘fiscal cliff ’ refers to a combination of a series of tax hikes as well as cuts in govtspending that may push the world’s largest...
- What financial markets fear this Christmas
The looming US fiscal cliff and an ever-flagging European economy are threatening to spoil Christmas and New Year celebrations.
Consumers to sustain US economic growthAmericans are turning more upbeat while business sentiment stagnates in the face of the looming fiscal cliff, consumer spending, to keep gr...
- ET in the classroom: What is Fiscal Cliff?
The phrase 'fiscal cliff' was first used by Ben Bernanke to refer to the combination of tax increases & spending cuts that would come into ...