Business

Don't Need Legal Reason to Seek Nusli Wadia's Removal: Tata Sons

Don't Need Legal Reason to Seek Nusli Wadia's Removal: Tata Sons

He took strong umbrage to six allegations in the special notice, that he (Wadia) was acting in concert with Cyrus Mistry, has been acting against the interests of the Tata Group, has been acting in a manner created to cause harm to the Tata Group, was not conducting himself independently and acting prejudicially and that his actions could gravely jeopardise the company, its future and its employees, and that the shareholders had lost faith in him and sought his removal.



Last-minute Exelon subsidy plan goes to Illinois House floor

But Craig Nelson, Ameren's senior vice president of regulatory affairs and financial services, said the latest version would only increase the average residential customer's bill by 12 cents per month. The Future Energy Jobs Bill that will maintain Illinois' competitive electric rates, preserve and create thousands of jobs and expand clean energy at a cost substantially below 25 cents per month for the average ComEd residential customer.


Big four banks join smaller lenders in fixed rate home loan hikes

Big four banks join smaller lenders in fixed rate home loan hikes

Toronto-Dominion is raising mortgage rates again - and this time the lender is going much farther than its recent hikes. As far as ARMs go, 5 year loans at PNC have been listed at 3.375% with an April of 3.910%. "Certainly there are households on the margin where the difference between 3.5 and 4 percent is the difference between qualifying for a loan and not qualifying for a loan", said Ralph McLaughlin, chief economist at housing data provider Trulia.


Violence against women serious violation of human rights

Violence against women serious violation of human rights

Speaking about the survey, ActionAid India executive director Sandeep Chachra said, "Cross country findings suggest immediate action is needed to curb harassment and violence against women". As policy-makers, we bear the greatest responsibility to protect women and raise awareness: the European Union has put forward targeted projects all around the world, including through the new EU Gender Action Plan 2016-2020, and within our borders.


Treasuries Having Worst Month Since 2009 On Trump Ripple Effect

Treasuries Having Worst Month Since 2009 On Trump Ripple Effect

Well, there is a dark side. If interest rates are about to go up, you don't want your money tied up in something that's not paying a high rate. What should investors do today? . Because of this, the recent correction in bond prices may signal a much longer slump ahead. That level suggests that investors expect USA inflation to run at an annual rate of 1.98% on average over the next 10 years .



Trump Expected to Announce Mnuchin as Treasury Pick

And he selected another veteran Republican, Elaine Chao, a former labor secretary and the wife of Senate Majority Leader Mitch McConnell, to head the Department of Transportation. "This pick makes clear that Donald Trump wants to cater to the same Wall Street executives that have hurt working families time and again". In addition, it would be his job to sell the new administration's economic program to Congress.