News for 'Bank of America'

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.

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.

'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.

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%

India in sweet spot as commodity prices are on uptick

India in sweet spot as commodity prices are on uptick

Rediff.com26 Jan 2021

The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.

Oil and gas price volatility likely to continue in 2021

Oil and gas price volatility likely to continue in 2021

Rediff.com4 Jan 2021

A swift recovery in oil demand in India is not only helping the stability of the global market, it is giving huge fiscal headroom to the government in terms of additional excise duty.

'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.'

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.

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.

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.

India to become 5th largest economy in 2025, 3rd largest by 2030

India to become 5th largest economy in 2025, 3rd largest by 2030

Rediff.com26 Dec 2020

India, which appears to have been pushed back to being the world's sixth biggest economy in 2020, will again overtake the UK to become the fifth largest in 2025 and race to the third spot by 2030, a think tank said on Saturday. India had overtaken the UK in 2019 to become the fifth largest economy in the world but has been relegated to 6th spot in 2020. "India has been knocked off course somewhat through the impact of the pandemic. "As a result, after overtaking the UK in 2019, the UK overtakes India again in this year's forecasts and stays ahead till 2024 before India takes over again," the Centre for Economics and Business Research (CEBR) said in an annual report published on Saturday. The UK appears to have overtaken India again during 2020 as a result of the weakness of the rupee, it said.

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.

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.

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

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.

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.

'Nothing seems to have gone China's way'

'Nothing seems to have gone China's way'

Rediff.com26 Feb 2021

'We must be careful because China has not given its design in Eastern Ladakh.'

Stress tests show $75bn buffer needed

Stress tests show $75bn buffer needed

Rediff.com8 May 2009

US regulators on Thursday directed the nation's largest banks to add $74.6bn in additional equity following a three-month stress test designed to measure their ability to withstand an economic downturn.

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

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.

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.

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.

Narayana Murthy says non-performing staff will have to go

Narayana Murthy says non-performing staff will have to go

Rediff.com20 Feb 2014

Infosys is currently working on lot of tools and technology that will enhance an individual's productivity, he said.

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.

Defensive stocks lift Sensex 164 points higher

Defensive stocks lift Sensex 164 points higher

Rediff.com16 May 2016

Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week

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.

'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.'

India's realty sector remains favoured destination

India's realty sector remains favoured destination

Rediff.com21 Mar 2014

Increasing migration to cities and urbanisation along with interest from buyers to invest in real estate market, will continue to be the prime demand drivers, according to assurance, tax and advisory firm Grant Thornton.

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.

Infosys q-o-q profit rises 19.4%

Infosys q-o-q profit rises 19.4%

Rediff.com10 Jan 2014

Infosys Ltd, India's second-largest software services exporter, posted a 21 per cent rise in quarterly net profit, beating estimates, as stronger economic growth in Europe and the United States revived demand for outsourcing services.

Tata Motors raises $300 million via debt securities

Tata Motors raises $300 million via debt securities

Rediff.com8 May 2014

The net proceeds of the fund raising will be used to repurchase certain equity shares issued to Tata Motors and for general corporate purpose.

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.

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.

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.

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.

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

ITeS sector wants extension of STP scheme

ITeS sector wants extension of STP scheme

Rediff.com4 Jul 2009

Amidst difficult times with the slowdown in the global economies, the IT-ITES sector seek some respite in terms of extension of STP scheme and some relief on the FBT regulations.

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.

End of American dream for Indian youth?

End of American dream for Indian youth?

Rediff.com1 Mar 2017

Experts say Indian students will have to accept that international space for them is shrinking.

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.