Federal Emergency Funds

Emerging economies must prepare for U.S. interest rate hikes, the International Monetary Fund said, warning that faster than expected Federal Reserve moves

West Bengal Chief Minister Mamata Banerjee on Tuesday accused the Centre of using central agencies to bulldoze the country's federal structure and sought to know where the money of Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM CARES) fund has gone.

US President Donald Trump announced a national state of emergency on Friday, freeing up $50 billion in federal funds for the battle against the fast-spreading coronavirus pandemic.

Twenty states have filed a motion to block President Donald Trump's method of funding a border wall by diverting federal funds through a national emergency declaration, the New York state attorney general said on Friday.

US President Donald Trump on Wednesday said he has ordered a halt to federal emergency funds for California to fight wildfires and manage its forests unless officials in the western US state can "get their act together."

While the U.S. central bank's influence on emerging assets is hardly an unknown phenomenon, India's $2 trillion stock market has also been whipsawed in recent months by homegrown narratives.

U.S. President Donald Trump on Thursday approved federal emergency housing aid and other relief for victims of the six-week-old Kilauea Volcano eruption on Hawaii's Big Island, where hundreds of homes have been destroyed.

Indian stocks and the rupee fell sharply today, after US Federal Reserve minutes boosted the case for higher US interest rates.

The law that bans federal funding for Medicaid coverage of most abortions is now in the spotlight some 40 years after it was passed by Congress, emerging as an election issue in the national debate over the procedure.

Many emerging market economies are concerned that when the US Federal Reserve raises borrowing costs, investors will withdraw from other markets and buy dollar assets, weakening other currencies and creating turbulence as capital flees.

The U.S. Federal Reserve is coming under pressure from emerging markets not to raise rates too soon as turmoil in China threatens global growth.

NRIs or non-resident Indians can invest in the National Pension System (NPS) to get a social security cover, Pension Fund Regulatory and Development Authority (PFRDA) Chairman Hemant Contractor said on Wednesday.

The Indian arm of Ford Foundation, facing government scrutiny over alleged irregularities, is likely to get relief as it is ready to come under Indian laws even as the Home Ministry is considering its request for release of funds for paying its staffers' salaries.

India is better positioned to cope with external financial shocks than most emerging market economies, International Monetary Fund head Christine Lagarde was quoted saying on Monday, just ahead of a of a crunch meeting of the U.S. Federal Reserve.

Reserve Bank of India Governor Dr Raghuram Rajan said on Saturday there would be some volatility in emerging markets once the US Federal Reserve decided to raise interest rates, but that strong growth in America was good for the world economy.

Emerging economies must prepare for U.S. interest rate hikes, the International Monetary Fund said, warning that faster than expected Federal Reserve moves

West Bengal Chief Minister Mamata Banerjee on Tuesday accused the Centre of using central agencies to bulldoze the country's federal structure and sought to know where the money of Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM CARES) fund has gone.

US President Donald Trump announced a national state of emergency on Friday, freeing up $50 billion in federal funds for the battle against the fast-spreading coronavirus pandemic.

Twenty states have filed a motion to block President Donald Trump's method of funding a border wall by diverting federal funds through a national emergency declaration, the New York state attorney general said on Friday.

US President Donald Trump on Wednesday said he has ordered a halt to federal emergency funds for California to fight wildfires and manage its forests unless officials in the western US state can "get their act together."

While the U.S. central bank's influence on emerging assets is hardly an unknown phenomenon, India's $2 trillion stock market has also been whipsawed in recent months by homegrown narratives.

U.S. President Donald Trump on Thursday approved federal emergency housing aid and other relief for victims of the six-week-old Kilauea Volcano eruption on Hawaii's Big Island, where hundreds of homes have been destroyed.

Indian stocks and the rupee fell sharply today, after US Federal Reserve minutes boosted the case for higher US interest rates.

The law that bans federal funding for Medicaid coverage of most abortions is now in the spotlight some 40 years after it was passed by Congress, emerging as an election issue in the national debate over the procedure.

Many emerging market economies are concerned that when the US Federal Reserve raises borrowing costs, investors will withdraw from other markets and buy dollar assets, weakening other currencies and creating turbulence as capital flees.

The U.S. Federal Reserve is coming under pressure from emerging markets not to raise rates too soon as turmoil in China threatens global growth.

NRIs or non-resident Indians can invest in the National Pension System (NPS) to get a social security cover, Pension Fund Regulatory and Development Authority (PFRDA) Chairman Hemant Contractor said on Wednesday.

The Indian arm of Ford Foundation, facing government scrutiny over alleged irregularities, is likely to get relief as it is ready to come under Indian laws even as the Home Ministry is considering its request for release of funds for paying its staffers' salaries.

India is better positioned to cope with external financial shocks than most emerging market economies, International Monetary Fund head Christine Lagarde was quoted saying on Monday, just ahead of a of a crunch meeting of the U.S. Federal Reserve.

Reserve Bank of India Governor Dr Raghuram Rajan said on Saturday there would be some volatility in emerging markets once the US Federal Reserve decided to raise interest rates, but that strong growth in America was good for the world economy.