News for 'Bank of America'

Modi, Trump agree to sort out trade disputes at the earliest

Modi, Trump agree to sort out trade disputes at the earliest

Rediff.com28 Jun 2019

While the Trump administration wants India to lower the trade barriers and embrace "fair and reciprocal" trade, India has raised tariffs on 28 items exported from the US in retaliation to America's withdrawal of preferential access for Indian products.

Citi shareholders oppose $15mn payout for Pandit

Citi shareholders oppose $15mn payout for Pandit

Rediff.com18 Apr 2012

The vote came at Citi's annual shareholder meeting held in Dallas on Tuesday.

Swiss deliver first evidence to US in FIFA case

Swiss deliver first evidence to US in FIFA case

Rediff.com30 Dec 2015

Switzerland's Federal Office of Justice (FOJ) on Wednesday handed over the first batch of evidence to US authorities for its investigation into alleged bribery schemes for soccer marketing rights.

Jet gets another EoI; deadline for resolution plan extended

Jet gets another EoI; deadline for resolution plan extended

Rediff.com19 Feb 2020

A Russian fund submitted its interest to the resolution professional on February 14 and also hired a consultancy firm to help them with the bidding process.

'Rupee to touch 51 versus USD by Dec'

'Rupee to touch 51 versus USD by Dec'

Rediff.com6 Nov 2012

The rupee on Tuesday fell to a two-month low of 54.78 against the US dollar.

Email spoofing is the latest cyber fraud

Email spoofing is the latest cyber fraud

Rediff.com23 May 2020

Email providers can stop spoof emails impersonating them from reaching their customer's inbox or junk/bulk folder by enabling DMARC, says Venkata Satish Guttula.

Hart and Holmstrom win Economics Nobel for work on contract theory

Hart and Holmstrom win Economics Nobel for work on contract theory

Rediff.com10 Oct 2016

The winners will split an eight million Swedish kronor (USD 924,000) award funded by the Swedish central bank.

'All border situations were resolved through diplomacy'

'All border situations were resolved through diplomacy'

Rediff.com26 Aug 2020

'I am not minimising either the seriousness or the complex nature of the current situation.' 'Naturally, we have to do what it takes to secure our borders.' 'We are talking to the Chinese, both through military channels and diplomatic ones.'
'In fact, they work in tandem.' 'When it comes to finding a solution, this must be predicated on honouring all agreements and understandings.' 'And not attempting to alter the status quo unilaterally.'

BofA-ML: Economy not out of woods yet

BofA-ML: Economy not out of woods yet

Rediff.com1 Mar 2013

Expectes RBI Governor to announce 0.25 per cent rate cut.

Why RBI will most certainly cut rate on June 6

Why RBI will most certainly cut rate on June 6

Rediff.com3 Jun 2019

There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.

Mirach hits back at Sahara; offers to buy out overseas hotels

Mirach hits back at Sahara; offers to buy out overseas hotels

Rediff.com6 Feb 2015

Mirach Capital rejected accusations of indulging in forgery.

RBI unlikely to grant India Inc's wish for lower rates

RBI unlikely to grant India Inc's wish for lower rates

Rediff.com3 Apr 2018

Pressure has been mounting on the Reserve Bank of India to cut interest rates in the wake of declining retail inflation and the need to fuel growth momentum. However, the RBI will have to do a tightrope walk as globally interest rates are inching upwards.

Why Sri Sri is laughing all the way to the bank

Why Sri Sri is laughing all the way to the bank

Rediff.com6 Apr 2016

Yoga, wellness, meditation, Ayurveda, software and ... toothpaste - Sri Sri Ravi Shankar has successfully merged business with spirituality

The doc who returned from US to fight his first election

The doc who returned from US to fight his first election

Rediff.com30 Mar 2021

'It is sad that Kerala had so many Covid patients which is primarily due to the mismanagement of the Left government.' 'The technical committee was full of CPI-M leaders who happen to have medical degrees with no experience in public health.' 'They were advising the CM and we are paying for those mistakes.'

US subprime horror: Worst not yet over

US subprime horror: Worst not yet over

Rediff.com23 Aug 2007

Floating rate home loans will soon be reset, impacting interest rates. In the current situation interest rates might go up, causing more defaults and more volatility in stock markets.

Lehman crisis@10: Has the financial world changed for the better?

Lehman crisis@10: Has the financial world changed for the better?

Rediff.com17 Sep 2018

On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.

Re may trade at 53 versus USD by March

Re may trade at 53 versus USD by March

Rediff.com2 Jan 2013

The report also said that the domestic currency was likely to trade weak in the near future.

2020: Equities will remain in favour

2020: Equities will remain in favour

Rediff.com27 Jan 2020

Amid slowing growth and low interest rates, investors will need to focus on stock-picking, suggests John Remmert.

Uber to drive into Indian sunset?

Uber to drive into Indian sunset?

Rediff.com20 Jan 2018

Comment by SoftBank board member sets off talk of Ola-Uber merger.

What cricket's world body must do to make it global sport...

What cricket's world body must do to make it global sport...

Rediff.com28 Nov 2018

Often criticised for not being able to make cricket a global sport, the ICC has pinned its hopes on South Asian migrants in Germany and USA to expand the game's footprint in the untapped markets of Europe and Americas.

FY'13 current account deficit seen at 5.1%

FY'13 current account deficit seen at 5.1%

Rediff.com1 Apr 2013

The investment banking major has hiked its FY'14 CAD forecast to 4.3 per cent of GDP from 3.8 per cent with slowing global recovery likely to delay export turnaround.

RBI may cut rates by 25 bps before next policy meet

RBI may cut rates by 25 bps before next policy meet

Rediff.com9 Mar 2016

Raghuram Rajan on February 2 left the key interest rate unchanged.

Foreign envoys in Kashmir to study situation on ground

Foreign envoys in Kashmir to study situation on ground

Rediff.com17 Feb 2021

A group of envoys including those from several Europe Union countries and a few Organisation of Islamic Countries (OIC) member states began a two-day visit to Jammu and Kashmir on Wednesday to take a first-hand account of the situation in newly-carved union territory, especially after the recently-concluded local body elections.

RBI to cut rates by 25 bps on Aug 9 if rains damp pulse price

RBI to cut rates by 25 bps on Aug 9 if rains damp pulse price

Rediff.com21 Jul 2016

The hardening of the Wholesale Price Index follows an uptick in retail inflation.

Trump cancels secret talks with Taliban over Kabul attack

Trump cancels secret talks with Taliban over Kabul attack

Rediff.com8 Sep 2019

Trump disclosed that he was to meet the Afghan President and senior Taliban leaders on Sunday at his Camp David retreat.

Bullish bets on India at a high

Bullish bets on India at a high

Rediff.com22 Oct 2014

Investors more overweight on India compared to other emerging markets says Bank of America Merrill Lynch.

Dear Melania, know the Amdavad that welcomes you!

Dear Melania, know the Amdavad that welcomes you!

Rediff.com21 Feb 2020

As Melania Trump arrives in Ahmedabad, Sheela Bhatt offers the First Lady Of The United States a primer on one of India's oldest, and historic, cities.

'RBI may hold rates on Jan 28 policy review'

'RBI may hold rates on Jan 28 policy review'

Rediff.com6 Jan 2014

In the mid-quarter review on December 18, the Reserve Bank left key policy rates unchanged but said it will hike interest rates if inflation does not subside.

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

TCS Q1 net profit jumps 23.4% to Rs 7,340 crore

TCS Q1 net profit jumps 23.4% to Rs 7,340 crore

Rediff.com10 Jul 2018

Revenue up 15.8% at Rs 34,261 crore over year-ago period.

'Parsi lifestyle is not going to die away in a hurry'

'Parsi lifestyle is not going to die away in a hurry'

Rediff.com16 Aug 2021

'Parsis are brought up with a great sense of the importance of truth and speaking your mind.'

Blackstone inks India's biggest office property deal

Blackstone inks India's biggest office property deal

Rediff.com19 Jun 2019

Blackstone has bought A Wing and some part of B Wing of the building, which has three wings with a total area of 1.5 million square feet.

June quarter GDP to be at 6 %; FY15 GDP at 5.4%: BofA-ML

June quarter GDP to be at 6 %; FY15 GDP at 5.4%: BofA-ML

Rediff.com21 Aug 2014

The report further said that confidence is improving, while risk aversion is falling and has upgraded industrial production to neutral from negative.

Kaepernick ad spurs Nike boycott campaign

Kaepernick ad spurs Nike boycott campaign

Rediff.com5 Sep 2018

Shares in the Beaverton, Oregon-based Nike Inc fell more than 2 percent after Kaepernick posted a black-and-white close-up of himself on Instagram on Monday featuring the Nike logo and "Just do it" slogan.

Why RBI does not want to hike rates

Why RBI does not want to hike rates

Rediff.com17 Jan 2018

Instead of a rate hike, or even a pause, there could be a window for the RBI for an interest rate cut

SC asks Sahara to submit fresh fundraising plans

SC asks Sahara to submit fresh fundraising plans

Rediff.com11 Feb 2015

Sahara was in funding talks with Mirach

'Michael Jackson still spends $2m a month'

'Michael Jackson still spends $2m a month'

Rediff.com14 Feb 2004

On February 17, Jackson is due to repay a $70m loan to the Bank of America. At present, the bank takes 50% of his royalties and has a stake in other income.

India home to 56 of the world's largest public firms

India home to 56 of the world's largest public firms

Rediff.com26 May 2016

Reliance improved its ranking this year to 121 from 142 last year, with a market value of $50.6 billion and assets worth $91.5 billion.

China's mind-boggling numbers reveal its power

China's mind-boggling numbers reveal its power

Rediff.com11 Feb 2013

Let's take a look at China's massive productive activities.

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.