Fiscal Cliff: Latest News and Updates, Top Stories, Videos, Photos About Fiscal Cliff

Fiscal Cliff News

Gold Futures recovered from morning losses and surged more than Rs 200 on the Multi Commodity Exchange as lawmakers in the US agreed on measures to prevent huge tax increases and spending cuts. Gold futures for February 2013 contract, at ...

Obama wants less drama in the coming months

Speaking after the fiscal cliff mess in the US was averted, US President Barack Obama called for lesser drama in the coming months. He said that he was hopeful of that lawmakers and the White House could focus on putting ...

US fiscal cliff bill passed; crisis averted

The months of drama over the fiscal cliff in the US which would have triggered a recession in the country and pushed global growth rates lower has finally been averted with the House of Representatives approving a Senate passed Bill today. ...

Markets trade higher on first day of 2013

The Indian benchmark indices were trading higher on the first trading day of the New Year. The investors and traders seem to be positive on the hopes of the fiscal cliff solution. The global markets including Asia remained closed on account ...

Gold shines on US fiscal solution hopes

Overseas gold continued its winning streak and rose on hopes of a solution for the US fiscal cliff problems. International gold was seen trading at $1,734 an ounce. Gold in India rose tracking firm overseas trend. However, gold gains were ...

US fiscal cliff drags Indian IT stocks lower

Fears over an impending fiscal cliff in the US dragged Indian IT stocks lower, with TCS, Infosys and Wipro dropping sharply. Infosys was down 2.31%, TCS lost 1.51%, while Wipro shed 2 %. Indian IT companies derive a significant ...

What is the “fiscal cliff “ that has rattled the global markets?

US markets on Wednesday were rattled, dragging world indices with it, as fears on the US "fiscal cliff" and its handling by Obama re-surfaced. What is "fiscal cliff"? "Fiscal cliff" largely involves Bush-era tax cuts and major across-the-board spending ...