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All's not well with the Indian economy, cautions Citigroup

A strong investment recovery is essential for India to sustain high GDP growth rates in the medium term It has been a bumpy road to recovery for the Indian economy as the average investment index......

Yuan effect: Rupee may weaken further, says Citi

According to Citigroup the Indian rupee is likely to adopt to a new fair value India seems to be less vulnerable to China's currency depreciation through direct channels, but the rupee may still......

Citigroup pegs India's GDP growth at 7.9%

India's gross domestic product growth is likely to revive to 7.9 per cent in the current financial year and then further up to 8.1 per cent in 2016-17, driven by structural reforms and cyclical......

Citi trims Sensex target; says investor faith turning fickle

Lowering its 2015-end Sensex target to 32,200 points, global brokerage Citigroup on Thursday said investors' faith in Indian markets is turning fickle amid a growing perception that the government......

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......
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global investment banks beef up transaction business in Asia| Reuters

By Sumeet Chatterjee | HONG KONG HONG KONG With dealmaking in Asia sluggish and Chinese investment banks taking market share from global rivals,... ...

http://www.firstpost.com/fwire/back-to-basics-global-investment-banks-beef-up-transaction-business-in-asia-reuters-3394022.html
AmEx profit beats as higher spending blunts partnership losses| Reuters

By Pallavi Dewan and Nikhil Subba American Express Co's (AXP.N) first-quarter profit fell less than expected as its card members spent more and the... ...

http://www.firstpost.com/fwire/amex-profit-beats-as-higher-spending-blunts-partnership-losses-reuters-3394008.html
In rare fumble, Goldman stuns Wall Street with weak trading

By Olivia Oran and Sruthi Shankar REUTERS - In a rare fumble for what is usually a market-savvy Wall Street bank, Goldman Sachs Group Inc missed... ...

http://www.sify.com/finance/in-rare-fumble-goldman-stuns-wall-street-with-weak-trading-news-economy-resscHccgdhda.html
'Merge govt, central bank budgets for better fiscal outcomes'

According to Citigroup global chief economist Willem H Buiter, the size and the composition of a central bank's balance sheet have serious fiscal... ...

http://www.dnaindia.com/money/report-merge-govt-central-bank-budgets-for-better-fiscal-outcomes-2403768
Wall St. slides as investors weigh bank results, global risks

By Lewis Krauskopf (Reuters) - Major U.S. stock indexes fell on Thursday for a third straight day as investors weighed earnings reports from big... ...

http://www.sify.com/finance/wall-st-slides-as-investors-weigh-bank-results-global-risks-news-real-estate-rensHaediidjc.html

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