News for 'Bank of America'

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

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.

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.

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.

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.

'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.

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.

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.

'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.'

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.

'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.

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.

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.

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.

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.

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.

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.

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 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.

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.

'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.

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.

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.'

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.

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

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.

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.

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.

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 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.

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.

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.

'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.

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.

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.

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.

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.

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.

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.

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.