Articles for Economic Interest

Experts urge policy steps to help recovery
3 months, 2 weeks ago

Experts urge policy steps to help recovery

China Daily  

A cashier counts RMB notes in a bank in Haian, Jiangsu province. During a news conference on Thursday, Zou Lan, head of the monetary policy department of the People's Bank of China, the country's central bank, said that the current average RRR of financial institutions — the proportion of deposits they must keep as reserves — is about 7 percent, …

Policy China Bank Economic This Year Pboc Monetary
Jobs report will help Federal Reserve decide how much to cut interest rates
3 months, 2 weeks ago

Jobs report will help Federal Reserve decide how much to cut interest rates

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. If it shows that hiring was weak in August …

Job Market Jobs Report Fed Rate Cut
Jim Chalmers blames interest rate rises for 'smashing' the economy, expects weak economic growth
3 months, 3 weeks ago

Jim Chalmers blames interest rate rises for 'smashing' the economy, expects weak economic growth

ABC  

Treasurer Jim Chalmers has blamed successive interest rate rises for "smashing the economy", as the government braces for more weak economic figures due this week. Ahead of the release of the latest economic growth figures on Wednesday, Mr Chalmers said the government was focused on walking the tightrope of bringing down inflation without further pressuring people "already being hammered by …

Economy Growth Inflation Bank Interest Rates Interest Cent
Avoid haste on shift to core CPI
3 months, 3 weeks ago

Avoid haste on shift to core CPI

Hindustan Times  

Should India’s inflation targeting framework target the headline Consumer Price Index or just its core, namely, the non-food non-fuel part? REUTERS/Francis Mascarenhas/File Photo Inflation targeting, at a theoretical level, is supposed to use interest rates to maintain a healthy balance between inflation and growth. Because inflation targeting is a forward-looking exercise — higher interest rates today are expected to contain …

India Interest Rates Inflation Expectations Core Cpi
Federal Reserve signals that interest rate cuts aren’t imminent, leaving them unchanged for now
10 months, 3 weeks ago

Federal Reserve signals that interest rate cuts aren’t imminent, leaving them unchanged for now

LA Times  

Interest rate cuts are coming. “I don’t think it’s likely that the committee will reach a level of confidence by the time of the March meeting” to start cutting rates, Powell said at his news conference. The change in the Fed’s stance Wednesday comes as the economy is showing surprising durability after a series of 11 rate hikes helped drastically …

Economy Growth Inflation Economic Biden Fed Rate
US economic growth for last quarter is revised up to a 5.2% annual rate
1 year ago

US economic growth for last quarter is revised up to a 5.2% annual rate

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shrugging off higher interest rates, …

Economy Rate
SEBI Mandates Additional Disclosures By Foreign Portfolio Investors
1 year, 3 months ago

SEBI Mandates Additional Disclosures By Foreign Portfolio Investors

Live Law  

The Securities and Exchange Board of India has issued a circular aimed at promoting heightened transparency among Foreign Portfolio Investors meeting specific criteria. Although PN3 does not directly apply to FPI investments, there are apprehensions that entities with substantial Indian equity portfolios might misuse the FPI route, potentially disrupting the orderly functioning of Indian securities markets. Under Regulations 22 and …

Equity Regulations Indian Fpis Sebi Fpi Portfolio
SEBI Mandates Enhance Disclosure Requirements For Certain FPIs
1 year, 4 months ago

SEBI Mandates Enhance Disclosure Requirements For Certain FPIs

ABP News  

In a bid to bring greater transparency, the Securities and Exchange Board of India on Friday introduced enhanced disclosure requirements for a certain class of Foreign Portfolio Investors. Notably, In June the market regulator had decided to mandate additional granular-level disclosures regarding ownership, economic interest, and control from certain FPIs. "A foreign portfolio investor that fulfills the criteria specified by …

Rules Fpis Sebi Foreign Portfolio Investors Economic Interest
US Federal Reserve interest rates hit 20-yr high in battle against inflation surge. Is there a 'soft' landing in future?
1 year, 4 months ago

US Federal Reserve interest rates hit 20-yr high in battle against inflation surge. Is there a 'soft' landing in future?

Hindustan Times  

The US Federal Reserve made a significant move on Wednesday, raising its benchmark lending rate by a quarter percentage point to a range between 5.25% and 5.5%. Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a Federal Open Market Committee meeting in Washington, DC. In June, the median forecast hinted at two additional rate …

Inflation Economic Federal Rate Powell Reserve Us Federal Reserve
Adani-Hindenburg case: Lack of requirement to disclose ‘last natural person above every person’ owning economic interest in FPIs is the challenge, SEBI to SC
1 year, 5 months ago

Adani-Hindenburg case: Lack of requirement to disclose ‘last natural person above every person’ owning economic interest in FPIs is the challenge, SEBI to SC

The Hindu  

The Securities and Exchange Board of India clarified in the Supreme Court on July 10 that “challenges” presented by it before the six-member Justice A.M. Sapre expert committee in the Hindenburg-Adani allegations case did not emanate from the repeal of the “opaque structure” provisions from the Foreign Portfolio Investors Regulations in 2019. In addition, the SEBI said, the core problem …

Economic Interest Sebi Person Fpi Every Person Hindenburg
Explained | Why is the markets regulator asking for more disclosures from foreign portfolio investors?
1 year, 6 months ago

Explained | Why is the markets regulator asking for more disclosures from foreign portfolio investors?

The Hindu  

The story so far: On May 31, markets regulator the Securities and Exchange Board of India floated a consultation paper that proposed additional disclosures from Foreign Portfolio Investors. As per the regulator, the objective is to “enhance trust in the Indian securities markets by mandating additional granular disclosures around ownership of, economic interest in, and control of objectively identified high-risk …

India Investments Risk Requirements Public Fpis Funds
RBA's rate hikes creating inflation, Ross Garnaut says, calling for radical overhaul of economic policy
1 year, 7 months ago

RBA's rate hikes creating inflation, Ross Garnaut says, calling for radical overhaul of economic policy

ABC  

Australia's economy has become increasingly dominated by powerful firms that are extracting "economic rents" from the system, economist Ross Garnaut is warning. "There have been big changes over the 21st century that greatly affect Australia's capacity to deliver rising standards of living to most people in a growing population," Professor Garnaut said. Professor Garnaut said "economic rent" referred to income …

Economy Policy Inflation Monetary Policy Economic Prices Interest Rates
Public Sector Banks Can Seek Look Out Circulars Against Defaulters Only If Detrimental To Economic Interest Of India: Kerala High Court
2 years, 3 months ago

Public Sector Banks Can Seek Look Out Circulars Against Defaulters Only If Detrimental To Economic Interest Of India: Kerala High Court

Live Law  

The Kerala High Court recently held that the public sector banks can request for opening of Look Out Certificates against defaulting account holders, only if the departure of the defaulter would be detrimental to the economic interest of India or it would not be in the larger public interest.Justice V.G. The Kerala High Court recently held that the public sector …

India Court Bank Kerala High Court Interest Public Sector Banks Public
Average US long-term mortgage rates rise; 30-year at 5.55%
2 years, 3 months ago

Average US long-term mortgage rates rise; 30-year at 5.55%

Associated Press  

WASHINGTON — Average long-term U.S. mortgage rates rose this week as inflation worries remained at the fore and the slowdown in economic growth weighs on the housing market. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate increased to 5.55% from 5.13% last week. Rapidly rising interest rates — which add hundreds of dollars to monthly mortgage payments — …

Mortgage Treasury Fed Rate Rates Mortgage Rates
Asia’s economic growth outlook slashed on China, Ukraine fears
2 years, 5 months ago

Asia’s economic growth outlook slashed on China, Ukraine fears

Al Jazeera  

The Asian Development Bank has slashed its economic forecasts for Asia, citing deteriorating conditions due to China’s “zero COVID” lockdowns, rising interest rates in developed economies and the war in Ukraine. Asia’s developing economies, which include China and India, are expected to grow 4.6 percent in 2022 and 5.2 percent in 2023, according to the ABD’s latest economic outlook released …

Global China Ukraine Economic Forecast
‘War fatigue’ may cause West to lose interest in Ukraine support
2 years, 6 months ago

‘War fatigue’ may cause West to lose interest in Ukraine support

Al Jazeera  

Analysts suggest a long conflict could erode the West’s resolve to help Ukraine in its battle against Russia. As Russia’s invasion of Ukraine grinds into its fourth month, officials in Kyiv have expressed fears the specter of “war fatigue” could erode the West’s resolve to help the country push back Moscow’s aggression. Every month of the war is costing Ukraine …

Europe Italy Ukraine Russia West Western Russian
In Case Of Doubt, Protection Of Environment Would've Precedence Over Economic Interest: SC Revokes Approval For Doubling Castlerock to Kulem Railway Line
2 years, 7 months ago

In Case Of Doubt, Protection Of Environment Would've Precedence Over Economic Interest: SC Revokes Approval For Doubling Castlerock to Kulem Railway Line

Live Law  

The Supreme Court revoked the approval granted by the Standing Committee of National Board for Wildlife for doubling of existing railway line from Castlerock to Kulem.The bench comprising Justices L Nageswara Rao, B R Gavai and Aniruddha Bose observed that the assessment of the impact which the project would have on the environment.would have to be strictly. Assessment of the …

Environment Wildlife Karnataka Supreme Court Development Protection Court
Looming Fed rate hikes have emerging markets dreading deja vu
2 years, 10 months ago

Looming Fed rate hikes have emerging markets dreading deja vu

Al Jazeera  

Indonesia, Brazil, Mexico, South Africa and Turkey could be roiled when the US Federal Reserve starts raising interest rates, say analysts. This mix – a tightening by the Fed combined with high debt or mispriced currency in EM countries ­– led to some pain in 2013, when the Fed began to “taper” its post-2009 stimulus policy of purchasing US Treasuries. …

Global Policy Markets Russia Market Emerging Markets Turkey
UK inflation: Prices rise at fastest pace in 10 years as economy stalls
3 years ago

UK inflation: Prices rise at fastest pace in 10 years as economy stalls

CNN  

London CNN Business — Talk of stagflation has been brewing for months. Tombs said the shock inflation numbers are “uncomfortably high” for the Bank of England, which would normally respond to surging inflation by hiking interest rates from the record low of 0.1%. “The quick ascent of … inflation over the last four months probably will not panic the into …

Bank Economic Interest Rates Rate Rates Omicron Tombs
A taper tantrum around 2024 polls could be Modi govt’s biggest economic trial
3 years, 9 months ago

A taper tantrum around 2024 polls could be Modi govt’s biggest economic trial

Hindustan Times  

When the Indian economy contracted by 23.9% in the quarter ending June 2020—the biggest contraction among major economies—everyone feared an unprecedented economic crisis. With the Biden administration planning to give another fiscal stimulus and the federal reserve announcing that it will not increase interest rates lest the economic recovery is jeopardised, inflation could increase going forward. If the taper tantrum …

India Economy Markets Inflation Capital Markets Indian Economic