Trumps white house

An excerpt from the book quoted in an article by The Post details the incident, which took place during a meeting in July 2017, which had been called by the president's national security team at the time in order to brief him on the US' role in the global order. … [Read more...] about Trump called top officials ‘losers, dopes and babies’: Report

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about 100-word take | Trump trade wars have had hardly any impact on global trade so far

The US Fed's statement and Chairman Jerome Powell's press conference sent the message that:The future pace of rate hikes would be dependent on incoming dataThe withdrawal of liquidity through Quantitative Tightening would continue at its current paceThe market's fears of a US recession are overblownThe Fed will not cave into market tantrums.Last but perhaps most importantly, he sent the message that President Trump's rants against the Fed raising rates have no effect on monetary policy decisions. … [Read more...] about Quick Take | US Fed Chairman refuses to play Santa to the markets

Ever since it first issued the investment advisory guidelines, the regulator has been working on the demarcation between advisory and distribution of financial products. The idea was that your advisor must earn her fees only from you, the customer. She must not earn any commission or fees from the mutual fund. Distributors, meanwhile, have continued to earn their fees from fund houses. This demarcation also mandated, therefore, that if you seek an investment advisor’s help, she must sell you a direct plan of a mutual fund, which comes without any distributor’s fee embedded in it. … [Read more...] about SEBI RIA consultation paper: Advisors can offer regular plans of MFs to clients

That said, it is a fact that loans to micro enterprises, classified as priority sector lending, has seen growth rates well below that notched up in the UPA-II period. This is true even for real rates of growth, or bank credit growth to micro-enterprises after adjusting for inflation. Moreover, the problem lies is lending to micro-enterprises in the manufacturing sector----credit to those in the services segment has held up well. … [Read more...] about Quick Take | The myth of low credit growth under the Modi government