Today, the minutes of the MPC meeting held on 5th and 6th November was released. The Committee set monetary policy to meet the 2% inflation target in the medium term, and in a way that helped to sustain growth and employment.
Regions
U.S. housing regulator to unveil mortgage fees framework in 2015
The top U.S. housing finance regulator said on Wednesday his agency would unveil a new framework in early 2015 for how government-controlled Fannie Mae and Freddie Mac will set mortgage guarantee fees.
JetBlue to charge for checked bags in new airfare fare class
JetBlue Airways announced Wednesday that it will charge certain customers for their first checked bag, yielding to pressure from analysts who criticized the airline for not adding fees in step with other carriers.
Target U.S. sales beat expectations, loss-making Canada unit faces review
Target Corp (TGT.N) on Wednesday reported its first increase in U.S. same-store sales in four quarters and a quarterly profit above expectations, but said it would review the future of its loss-making Canadian business after the holiday season.
Japan investors keen on shares despite economic woes: Goldman poll
Japanese retail investors' interest in domestic stocks has risen even as they have become more pessimistic on Japan's economic growth outlook this year, a Goldman Sachs Asset Management survey showed on Thursday.
Latest News
Microsoft Corp's Azure cloud-computing service, which hosts websites and lets customers store and manage data remotely, suffered serious outages on Tuesday taking its popular MSN web portal offline.
China and New Zealand are to sign a deal which will make it easier to produce television content in the two countries, enabling the South Pacific island nation to showcase its natural landscape to lure more tourists.
German business software maker SAP is doing an about-face on its acquisition strategy and plans no more big new deals in the next few years, its chief executive said on Wednesday.
Blackstone Group LP has reached out to its biggest fund investors about investing in a new investment vehicle with a longer investment horizon than the typical 10-year private equity fund, according to people familiar with the matter
Nearly a decade after losing a bidding war for device maker Guidant to Boston Scientific Corp, Johnson & Johnson finally has a chance for payback at a multibillion-dollar trial set to begin on Thursday.
Buyout firms KKR & Co LP (KKR.N) and Clayton, Dubilier & Rice LLC (CD&R) have teamed up to take PetSmart Inc (PETM.O) private for more than $7.5 billion, people familiar with the matter said on Tuesday, as the auction for the pet food retailer heats up.
India's economy will accelerate in 2015 but will fail to attain the heady growth rates of the past decade without sweeping structural reforms, the Organisation for Economic Cooperation and Development said on Wednesday.
Children and teens are seeing fewer ads for sugary drinks on television, but they remain a prime target for marketers through other means such as product placement and social media, a report released on Wednesday found.
The Ministry of Finance (MOF) is considering increasing the issuance of 30- and 40-year Japanese government bonds by a total of 2 trillion yen ($17 billion) in the new fiscal year starting in April, government officials with knowledge of the matter said on Wednesday.
