Fed officials see June rate hike as unlikely: Minutes

Last Updated: Thursday, May 21, 2015, 09:57

Federal Reserve officials believed it would be premature to hike interest rates in June even though most felt the U.S. economy was set to rebound from a dismal start to the year, according to minutes from their April policy meeting released on Wednesday.

Fed split on timing of interest-rate hike: Minutes

Last Updated: Thursday, April 9, 2015, 09:13

The Federal Reserve was split at its last policy meeting on when to raise ultra-low US interest rates, with timing ranging from June to 2016, according to minutes released Wednesday.

Fed officials say June rate hike still in play, hinges on data

Last Updated: Thursday, April 9, 2015, 09:09

The Federal Reserve could still hike interest rates in June despite weak recent US data and investor skepticism, two influential officials with the central bank said on Wednesday, putting the spotlight squarely on the economy`s performance in the next two months.

Foreign investors cry foul over Indian tax surprise

Last Updated: Thursday, April 2, 2015, 18:40

US and European investor groups have called for the Indian government to urgently clarify its tax regime for foreigners, following surprise attempts by tax inspectors to claw back money they say is owed on years of previously untaxed gains.