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RBI likely to cut policy rate by 25 basis points in Aug: Bank of America Merrill Lynch

Better supply management and check on hoarding should be able to prevent food price spikes The Reserve Bank of India is likely to cut benchmark rate by 25 basis points in its policy meet on August......

Hold on! Stock market will not give up gains easily

Foreign brokerages such as Bank of America-Merrill Lynch and Nomura remain upbeat on the road ahead for markets. Macquarie, too, recommends a 'buy on dips' strategy.  Lower-than-expected......

GVK to file up to $250 million IPO for airport unit soon

GVK has mandated Citigroup, Bank of America-Merrill Lynch, Axis Capital and JM Financial Services to manage the IPO GVK Power & Infrastructure is likely to file a draft prospectus for an up to $250......

BofAML sees 0.25% rate cut in Feb

Foreign brokerage Bank of America Merrill Lynch (BofAML) on Friday said a "dovish" Reserve Bank will slash key interest rates by 0.25 per cent at the February review meet and will do cuts of......

Bullish bets on India at a high

Investors more overweight on India compared to other emerging markets says Bank of America Merrill Lynch. Foreign investors’ overweight stance on Indian compared to the basket of global......
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Goldman Sachs' head of US stock trading just quit to take a big job at a rival

(Brendan McDermid/Reuters) A Goldman Sachs partner who previously ran US stock trading has quit the investment bank and is set to join Credit... ...
New orders slow down for India Inc in September quarter

After a brief pick-up, new orders bagged by Indian companies have fallen by 30% in the quarter ending September this year as compared to the same... ...
CORRECTED - No end in sight, as money flees 'cheap' emerging markets

(In paragraph 14 of Oct 5 story, corrects job title to 'chairman of the investment committee', from 'a member of the investment board' at Pictet... ...
South East Asia economic woes test reserves, defenses built after 1997/98 crisis

JAKARTA Southeast Asia has spent the best past of two decades shoring defenses against a repeat of the Asian financial crisis, including building... ...
Sensex Surges Nearly 400 Points, Banks Lead Gains

BSE Sensex and Nifty moved higher on Monday, tracking a broad rally in Asian markets. The Sensex surged as much as 386 points while Nifty edged... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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