News for 'Bank of America'

'Stock markets warming up to a Biden win'

'Stock markets warming up to a Biden win'

Rediff.com3 Nov 2020

'Indian markets may initially react and follow the pattern of US and other global markets post US elections.'

'PLA won't withdraw from advantageous positions'

'PLA won't withdraw from advantageous positions'

Rediff.com15 Apr 2021

'The Indian government wakes up after the fact when it can do nothing, or rather lacks the will to prosecute military actions to reverse these adverse PLA-driven developments.'

With $69 bn, India tops remittances chart for 2017

With $69 bn, India tops remittances chart for 2017

Rediff.com23 Apr 2018

The stronger-than-expected recovery in remittances -- payments that are key to supporting the economies of many poor countries -- was driven by growth in Europe, Russia, and the United States.

RBI to hold key rate at June policy meet: BofAML

RBI to hold key rate at June policy meet: BofAML

Rediff.com3 May 2017

Growth remains weak, inflation is within 2-6% range, rate cut would help recoup forex reserves

Colonel Raja Chari Is Ready for Space

Colonel Raja Chari Is Ready for Space

Rediff.com30 Oct 2021

On Sunday morning Eastern US time, four astronauts will zoom into space on a SpaceX Falcon 9 rocket from the Kennedy Space Centre in Florida. Commanding the spaceflight is Raja Chari, a United States Air Force colonel.

Jaitley should practise what he preaches

Jaitley should practise what he preaches

Rediff.com29 Jan 2019

'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.

Pakistan Can't Use Taliban to Threaten India

Pakistan Can't Use Taliban to Threaten India

Rediff.com3 Sep 2021

India has much paranoia in India about a new 'Terroristan' coming up between Pakistan and a Taliban-ruled Afghanistan. Pakistan has zero ability economically, diplomatically, geostrategically or militarily to create one. If they try, it will be great for India as they will destroy themselves yet again, asserts Shekhar Gupta.

RBI to cut rates in June by 25 bps: BofA

RBI to cut rates in June by 25 bps: BofA

Rediff.com22 Mar 2013

According to the global investment banking major, the RBI will continue to gradually shift its focus to reviving growth from exclusively fighting inflation since 2010 and is likely to cut rates in June by 25bp, and by 50bp in March 2014 quarter.

Jet lenders mull open auction process

Jet lenders mull open auction process

Rediff.com24 Mar 2019

Bids to be evaluated according to guidelines by the civil aviation ministry, following which a buyer will be selected. Transfer of control to the buyer to be effected by June-end.

US, aided by Pakistan, DESTROYED Afghanistan

US, aided by Pakistan, DESTROYED Afghanistan

Rediff.com27 Aug 2021

The US has the distinction of destroying a flawed but functioning State thrice since 1979. Pakistan has been their constant accomplice, explains Shekhar Gupta.

Falling rupee puts spotlight on govt in election year

Falling rupee puts spotlight on govt in election year

Rediff.com8 Sep 2018

Brokerage firm CLSA says in its interactions with government officials, measures such as the dollar-deposit scheme were under consideration.

Earnings of Sensex companies to decline by up to 8%: Analyst

Earnings of Sensex companies to decline by up to 8%: Analyst

Rediff.com26 May 2020

At present, Indian indices are under-performing as compared to others and a package from the government can help cover the ground.

'Photography is to capture the times we live in'

'Photography is to capture the times we live in'

Rediff.com24 Jul 2021

'If journalism is the first draft of history, then photojournalism is the first draft of its evidence,' Raghu Rai, arguably India's finest living photojournalist, tells Pavan Lall.

Rise of Cars24, India's latest unicorn

Rise of Cars24, India's latest unicorn

Rediff.com6 Dec 2020

Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales. Cars24 now enjoys more than 90 per cent market share among all other similar online transaction platforms. Dhruv Munjal traces the birth of this used-cars platform.

What PM and CMs can learn from this Collector

What PM and CMs can learn from this Collector

Rediff.com1 May 2021

Dr Rajendra Bharud has done what no other district collector in India could do as the pandemic ravaged the nation. He not only made Nandurbar district oxygen surplus, but ensured that the supply of life-saving oxygen remained uninterrupted for patients -- something even Delhi and Mumbai hospitals have not achieved yet.

Can't live under Taliban: Afghan students in India

Can't live under Taliban: Afghan students in India

Rediff.com18 Aug 2021

The Taliban have been known for using violence to force the people to accept their agenda and views, he added.

Lehman bankruptcy will hit IIM placements

Lehman bankruptcy will hit IIM placements

Rediff.com16 Sep 2008

With America's fourth largest investment bank Lehman Brothers filing for bankruptcy protection and Merrill Lynch being bought over by the Bank of America, placements at the Indian Institutes of Management will be affected.

Ladakh: 'We have to be careful for years'

Ladakh: 'We have to be careful for years'

Rediff.com26 Feb 2021

'If our troops on the frontlines were sleeping for two hours, they can perhaps now sleep for 2.5 hours because when the adversary is right in front, then you can't even blink your eyes, you have to be absolutely alert.'

I am not resigning, says Infosys Finacle Head Haragopal

I am not resigning, says Infosys Finacle Head Haragopal

Rediff.com8 Jun 2014

Last week, its global head of strategic sales, marketing and alliances Prasad Thrikutam resigned from the job marking the 11th senior management executive exit from Infosys since Murthy's return.

RBI rate cut to help rupee, spur recovery: BofA-ML

RBI rate cut to help rupee, spur recovery: BofA-ML

Rediff.com10 Jun 2013

A rate cut by the Reserve Bank is likely to help the rupee, which today hit a record low of 57.54 versus dollar, says a Bank of America Merrill Lynch (BofA-ML) report.

Sahara saga: Mirach says 3 hotels can fetch maximum $1.67 bn

Sahara saga: Mirach says 3 hotels can fetch maximum $1.67 bn

Rediff.com8 Feb 2015

Sahara says it got suspicious on February 1 about the purported letter showing Mirach having blocked sufficient funds with Bank of America.

Sensex, Nifty drop as trade war fears grip markets

Sensex, Nifty drop as trade war fears grip markets

Rediff.com22 Mar 2018

Equity benchmarks erased early gains after realty, capital goods, teck, auto, PSU, IT, power and bankex counters came under selling pressure, falling up to 1.28 per cent.

RBI may not hike interest rates in July review

RBI may not hike interest rates in July review

Rediff.com21 Jun 2006

Bank of America expects Reserve Bank to further step up liquidity restraint through accelerated government borrowings to avoid another rate hike during July monetary policy review.

'Jet, Spicejet to return to profitability by next fiscal'

'Jet, Spicejet to return to profitability by next fiscal'

Rediff.com6 Aug 2012

The American investment bank also upgraded the stocks of both these companies to 'buy' from 'underperform', saying improving industry trends such as signs of ticket price hikes and reduced capacity will improve profitability.

Why Japan is betting big on Indian pharma cos

Why Japan is betting big on Indian pharma cos

Rediff.com26 Jan 2017

One reason Japan is betting highly on Indian pharma is that these companies have strong cash flows, low leverage and high debt capacity for medium to large sized acquisitions.

'This government wants to make India a gambling den'

'This government wants to make India a gambling den'

Rediff.com14 Mar 2018

'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'

'What Rahul Gandhi says today, PM Modi does tomorrow'

'What Rahul Gandhi says today, PM Modi does tomorrow'

Rediff.com22 Jun 2021

'We are only amplifying the voice of scientists and experts. We are gathering information by talking to experts and are sharing it. If the government chooses to ignore that, what can we do?'

RBI may cut rate in August despite high June inflation

RBI may cut rate in August despite high June inflation

Rediff.com4 Jul 2016

After a delayed start, the monsoon is advancing steadily.

Rate cut could be the next trigger for market

Rate cut could be the next trigger for market

Rediff.com18 Jul 2015

Monsoon session of Parliament expected to be stormy and likelihood of GST Bill and Land Bill getting passed are slim

India's growth story is over

India's growth story is over

Rediff.com2 Feb 2021

You can make all the speeches you want, you cannot argue against 39 straight months of slowing, observes Aakar Patel.

US to meet Cuba in first friendly in 69 years

US to meet Cuba in first friendly in 69 years

Rediff.com1 Jul 2016

The US men's national soccer team will play their first friendly against Cuba in 69 years when they meet in Havana's Estadio Pedro Marrero on October 7, US Soccer said on Thursday.

The A to Z of 2020

The A to Z of 2020

Rediff.com31 Dec 2020

We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.

'Sandwich' and the quest for a Rs 500 note

'Sandwich' and the quest for a Rs 500 note

Rediff.com13 Dec 2016

My gamble to stand in the queue and get Rs 500 notes had failed. And only the months ahead will tell us if Modi's gamble will succeed or not.

The $30 bn Sale & Leaseback of India's Internet Economy

The $30 bn Sale & Leaseback of India's Internet Economy

Rediff.com23 Jul 2020

India's Internet economy has two choices: An immediate $30 billion Sale-and-Leaseback or a $3 trillion value harvesting over decades, observes Vibhu Arya.

Stunning Farah claims Chicago Marathon for European record

Stunning Farah claims Chicago Marathon for European record

Rediff.com7 Oct 2018

After biding his time for much of the race, the British four-time Olympic track champion surged to the lead in the final four miles and broke Ethiopian Mosinet Geremew to shatter the European marathon record of 2:05:48 despite wet and sometimes windy conditions.

6 months in lockdown, Kashmiris stare at uncertain future

6 months in lockdown, Kashmiris stare at uncertain future

Rediff.com6 Feb 2020

Many political detainees have been released but former chief ministers Farooq Abdullah, Omar Abdullah and Mehbooba Mufti, who were whisked into custody in the early hours of August 5, 2019, are still in preventive detention.

China is a 'challenging neighbour' for India: Jaishankar

China is a 'challenging neighbour' for India: Jaishankar

Rediff.com26 Mar 2021

Jaishankar noted that it would be difficult to say what will happen in the future as there are a lot of "contradictions and frictions" out there today.

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%

US defence secretary hits ground running, meets PM Modi, NSA Doval

US defence secretary hits ground running, meets PM Modi, NSA Doval

Rediff.com20 Mar 2021

United States Defence Secretary Lloyd J Austin arrived in India on Friday on a three-day visit, aimed at further boosting bilateral defence and security ties in the wake of China's growing military assertiveness in the region including the Indo-Pacific.

FREEZE! Animals on the Prowl

FREEZE! Animals on the Prowl

Rediff.com9 Sep 2021

Take a look at some of the jaw-dropping images.