News for 'Bank of America Merrill Lynch'

Divergent monetary policies positive for India

Divergent monetary policies positive for India

Rediff.com16 Sep 2014

Inflows from Europe, falling crude oil to come to the rescue if rupee cracks against the dollar.

Will RBI hold rates in its next credit policy?

Will RBI hold rates in its next credit policy?

Rediff.com1 Aug 2014

A bit of good news is that it has already mopped up $19 billion in forwards in May.

BoA cuts India's current a/c deficit forecast to 3.2%

BoA cuts India's current a/c deficit forecast to 3.2%

Rediff.com1 Oct 2013

"According to the global financial services major, though CAD at 3.2 per cent of GDP is significantly lower than the 4.8 per cent it registered in fiscal year 2012-13 ", it still remains higher than the 2.4 per cent of GDP that we estimate as the optimal current account deficit".

Sahara says Mirach forged bank letter guaranteeing funds

Sahara says Mirach forged bank letter guaranteeing funds

Rediff.com5 Feb 2015

Sahara accuses Mirach Capital of cheating, forging bank letter.

ICICI Life gets Sebi nod for biggest IPO in 6 years

ICICI Life gets Sebi nod for biggest IPO in 6 years

Rediff.com8 Sep 2016

Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300

RBI may cut CRR, postpone repo rate cut: BoFA

RBI may cut CRR, postpone repo rate cut: BoFA

Rediff.com2 Jul 2013

The global brokerage firm believes that CRR cut is likely to help cut lending rates and revive growth sentiments.

Summer placements: IIM-B grads bag plum offers

Summer placements: IIM-B grads bag plum offers

Rediff.com5 Nov 2015

Nearly 150 companies visited the campus this year.

'RBI may hold rates in 2016 on inflationary risks'

'RBI may hold rates in 2016 on inflationary risks'

Rediff.com8 Dec 2015

RBI may go for a 25-basis point cut at its February policy meet.

India's current account deficit may widen to 2.3% in FY16

India's current account deficit may widen to 2.3% in FY16

Rediff.com22 Sep 2014

BofA-ML revised its end-2015 rupee-dollar forecast to 60 from 64 earlier.

Govt may cut 2% import duty on gold

Govt may cut 2% import duty on gold

Rediff.com29 Jun 2014

The union government is expected to cut two per cent import duty in gold in the forthcoming budget, as local jewellers run out of inventory, a leading US brokerage said.

'India's economic recovery much slower than expected'

'India's economic recovery much slower than expected'

Rediff.com12 Oct 2015

The April-June quarter GDP slipped to 7 per cent from 7.5 per cent.

Banks say no room to cut lending rates, thwarting RBI easing

Banks say no room to cut lending rates, thwarting RBI easing

Rediff.com30 Jan 2015

Only three of India's 45 commercial banks have cut base lending rates since the Reserve Bank of India's surprise easing this month, hurting the government's drive to lift business investment.

Rupee could touch 75/USD: BofA-ML

Rupee could touch 75/USD: BofA-ML

Rediff.com29 Aug 2013

The Reserve Bank of India (RBI) will have to take far more pro-active steps to rebuild forex reserves, because if the status quo remains, rupee could touch 75 per US dollar by the end of 2014, Bank of America Merrill Lynch said in a report.

Rate cuts unlikely before next March: Bofa-ML

Rate cuts unlikely before next March: Bofa-ML

Rediff.com15 Apr 2014

US brokerage Bank of America-Merrill Lynch on Tuesday said its sees the first rate cut this fiscal only in March next as inflation is expected to fall only by December end on a decline in commodity prices driven by the US Fed tapering.

Lehman@10: How the crisis unfolded

Lehman@10: How the crisis unfolded

Rediff.com19 Sep 2018

The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players including Freddie Mac and its sister firm Fannie Mae in July. But this didn't really help. It was only after global central banks pumped in unprecedented liquidity into global markets, that the storm was finally calmed.

Market volatility in India to rise as elections near: BofA-ML

Market volatility in India to rise as elections near: BofA-ML

Rediff.com13 Feb 2014

According to a report by BofA-ML, capital markets are 'usually jittery prior to the declaration of election results as it is uncertain about the outcome'.

OVL to buy Anadarko's 10% stake in Mozambique gas field

OVL to buy Anadarko's 10% stake in Mozambique gas field

Rediff.com26 Aug 2013

OVL, along with Oil India Ltd, had in June agreed to buy Videocon Group's 10 per cent in the same block for $2.48 billion.

India's share in M&As of emerging nations is a mere 5.1%

India's share in M&As of emerging nations is a mere 5.1%

Rediff.com4 Oct 2013

India accounted for a meagre 5.1 per cent of merger and acquisition (M&A) deals among emerging countries in the first nine months this year, the lowest in the BRIC (Brazil, Russia, India and China) nations.

Gas price: Govt to address concerns before effecting hike

Gas price: Govt to address concerns before effecting hike

Rediff.com4 Jul 2013

On June 27, the Cabinet approved a new formula that uses weighted average of the price of LNG into India and average price at major gas hubs.

BofAML sees 0.25% rate cut in Feb

BofAML sees 0.25% rate cut in Feb

Rediff.com5 Dec 2014

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 0.75 per cent in 2015.

Silver will fare better than gold in 2018: Goldman Sachs

Silver will fare better than gold in 2018: Goldman Sachs

Rediff.com2 Jan 2018

The underperforming metal for 2017 expected to return 17-20%

RIL raises $1 billion via a 10-year bond issue

RIL raises $1 billion via a 10-year bond issue

Rediff.com22 Jan 2015

RIL said it has priced its 144A/Reg S bonds to yield 240 basis points over US Treasuries Note at a 4.125 per cent coupon.

A third of Sensex companies may report drop in Q4 profits

A third of Sensex companies may report drop in Q4 profits

Rediff.com12 Apr 2017

The broader market performance, however, is expected to be better by virtue of good performance of state-owned banks on a low base.

Bullish bets on India at all-time high

Bullish bets on India at all-time high

Rediff.com18 Nov 2014

GEM fund managers more overweight on India than ever before says Bofa-ML report.

Economists find GDP data intriguing, say figures don't add up

Economists find GDP data intriguing, say figures don't add up

Rediff.com1 Mar 2017

They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period.

Equities to be range bound on global uncertainty, weak earnings

Equities to be range bound on global uncertainty, weak earnings

Rediff.com25 Aug 2015

Though valuations have moderated, they are still above average.

Analysts believe RBI may cut interest rates as early as this week

Analysts believe RBI may cut interest rates as early as this week

Rediff.com2 Mar 2015

The Reserve Bank may cut key interest rates as early as this week.

SBI may hit market with Rs 15,000 cr issue by June

SBI may hit market with Rs 15,000 cr issue by June

Rediff.com24 Apr 2015

Budget this year has allowed PSBs to bring down govt stake to 51%

Quick recap: Factors that played spoilsport for banks in 2014

Quick recap: Factors that played spoilsport for banks in 2014

Rediff.com26 Dec 2014

Experts hail 2014 as the worst year for banks.

Stock market regulation: India slips to 62nd in global ranking

Stock market regulation: India slips to 62nd in global ranking

Rediff.com8 Sep 2014

The country, last year, stood at the 27th spot for effective regulation and supervision of securities exchanges.

Infosys may see more senior exits: Ambit

Infosys may see more senior exits: Ambit

Rediff.com22 Mar 2014

Nandita Gurjar, Sanjay Purohit and Gautam Thakkar among "potential exit candidates".

Verizon poised for historic $130 billion Vodafone deal

Verizon poised for historic $130 billion Vodafone deal

Rediff.com2 Sep 2013

The move to sell the jewel in Vodafone's crown closes a heady expansionist chapter for one of Britain's most famous companies

CAD to ease in FY14 on lower oil, gold prices

CAD to ease in FY14 on lower oil, gold prices

Rediff.com28 Jun 2013

India's current account deficit (CAD) is likely to ease to 4.4 per cent of the GDP in the current fiscal year on lower oil and gold prices, Bank of America Merrill Lynch (BofA-ML)said in a research note.

Rupee to gain as Rajan comforts market sentiment

Rupee to gain as Rajan comforts market sentiment

Rediff.com5 Sep 2013

To provide exporters/importers greater flexibility in risk management, RBI enhanced the limit available to exporters to 50 per cent

Why are global investors turning cautious?

Why are global investors turning cautious?

Rediff.com21 Jul 2016

Global growth expectations have slumped to a five-month low.

Oberoi, Phoenix, Godrej to outrun peers at Dalal Street

Oberoi, Phoenix, Godrej to outrun peers at Dalal Street

Rediff.com24 Sep 2015

Godrej Properties, is on the horizon as it unlocks value in its high-value Bandra-Kurla Complex (BKC) project.

Vodafone gears up for Rs 16,500-cr IPO, names bankers

Vodafone gears up for Rs 16,500-cr IPO, names bankers

Rediff.com1 May 2016

The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce

Federal Reserve can hike funds rate anytime after April

Federal Reserve can hike funds rate anytime after April

Rediff.com20 Mar 2015

Dollar's strength and falling crude oil prices force downward revision of 2015 growth forecast.

Why dollar's rise against euro won't impact rupee much

Why dollar's rise against euro won't impact rupee much

Rediff.com9 Sep 2014

On Friday, the euro weakened to a near 14-month-low against the dollar, after the European Central Bank announced a fresh round of stimulus and promised more if required.