News for 'Bank of America'

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.

'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.'

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.

Why govt expenditure is set to rise before elections

Why govt expenditure is set to rise before elections

Rediff.com11 Jul 2018

The central government's deposits with the RBI had fallen to just Rs 100 crore as of June 8.

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.

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.

'Indian IT firms to see marginal impact of Greek crisis'

'Indian IT firms to see marginal impact of Greek crisis'

Rediff.com1 Jul 2015

Greece's financial crisis has intensified.

'Earnings growth will need to pick up to attract foreign flows'

'Earnings growth will need to pick up to attract foreign flows'

Rediff.com26 Oct 2017

Given the strong growth in Asia and easy monetary stance taken by central banks other than the US Federal Reserve (US Fed), overseas investors will soon start re-investing in risky assets, says Abhiram Eleswarapu, head of equity research, BNP Paribas Securities India.

Unstable govt big threat to reforms: FM

Unstable govt big threat to reforms: FM

Rediff.com23 Jan 2013

The Finance Minister promised a 0.6 per cent reduction in the fiscal deficit every year to bring the deficit to 3 per cent by 2016-17 without raising tax rates.

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.

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.

'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?'

No law broken in funding cluster bomb maker: SBI

No law broken in funding cluster bomb maker: SBI

Rediff.com23 Jun 2016

SBI said it provided credit to Orbital ATK Inc as part of a syndicated deal with other banks.

56 Indian firms in Forbes Global 2000 list

56 Indian firms in Forbes Global 2000 list

Rediff.com22 Apr 2010

56 Indian companies have found a place in the exclusive club of 'The Forbes Global 2000' - 'the biggest, most powerful listed companies in the world'.

Why markets may give limited returns this year

Why markets may give limited returns this year

Rediff.com16 Jul 2013

Despite all the negative news, markets may not see a major correction or appreciation from the current levels.

Istithmar sells over 6% share in SpiceJet

Istithmar sells over 6% share in SpiceJet

Rediff.com7 Jul 2010

The company held about $12 million worth of FCCBs in SpiceJet. Bank of America-Merill Lynch brokered the block deal for the company, said sources.

Why FY19 is likely to be a volatile year for Indian equities

Why FY19 is likely to be a volatile year for Indian equities

Rediff.com1 Apr 2018

It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.

TCS' 3-pronged strategy to sustain growth

TCS' 3-pronged strategy to sustain growth

Rediff.com23 Apr 2018

N Ganapathy Subramaniam, chief operating officer (COO), discusses the strategy to concert digital opportunities to larger deals, focus on reskilling own people instead of acquiring a company to get access to skillsets and demand from newer verticals in an interview with Romita Majumdar

'Reforms, elections, rupee key factors for India'

'Reforms, elections, rupee key factors for India'

Rediff.com18 Mar 2013

While RBI is likely to cut repo rate by 25 basis points on Wednesday, the government is also expected to push reform initiatives like increasing FDI limit in insurance sector in the Budget session, it added.

BofA-ML trims India's GDP forecast again to 5.8%

BofA-ML trims India's GDP forecast again to 5.8%

Rediff.com3 Jun 2013

The global brokerage has also lowered the growth forecast to 6.8 per cent for the 2014-15 fiscal.

Markets to remain volatile in Sept-Nov: BofA-ML

Markets to remain volatile in Sept-Nov: BofA-ML

Rediff.com7 Sep 2015

The US Fed will decide if it should raise interest rates from near-zero levels first time in a decade.

How reforms have revived investors' interest in India

How reforms have revived investors' interest in India

Rediff.com26 Sep 2012

According to a research report by Bank of America Merrill Lynch, there has been a sea change in interest in India post the reforms announced last week that included allowing foreign direct investment in multi-brand retail and the civil aviation sector.

US sanctions won't come in way of India-Russia ties: PM

US sanctions won't come in way of India-Russia ties: PM

Rediff.com5 Sep 2019

Russia has been grappling with sanctions slapped by the US and its allies over Moscow's invasion of Crimea.

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.'

#SummerPlacements: 50% rise in finance profiles at IIM-L

#SummerPlacements: 50% rise in finance profiles at IIM-L

Rediff.com8 Nov 2017

The B-school also witnessed new roles in the domain.

FIIs meet Chidambaram; discuss economic issues

FIIs meet Chidambaram; discuss economic issues

Rediff.com1 Nov 2012

The meeting with foreign investors assumes significance as the government is undertaking host of reform initiatives to attract investment.

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.

FREEZE! Animals on the Prowl

FREEZE! Animals on the Prowl

Rediff.com9 Sep 2021

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

NITI Aayog on how India can become $5-trillion economy

NITI Aayog on how India can become $5-trillion economy

Rediff.com2 Dec 2019

Though the NITI Aayog did not give its estimates for the required GDP growth at constant prices, economists pegged it at 9 per cent, a feat not seen since the GDP series was revised with 2011-12 as the base year.

Bangladeshi man pleads guilty to New York bomb plot

Bangladeshi man pleads guilty to New York bomb plot

Rediff.com8 Feb 2013

A 21-year old Bangladeshi man, who came to the United States aiming to 'destroy America', has pleaded guilty to attempting to carry out a terrorist attack for the Al Qaeda at the Federal Reserve Bank here using a 1,000-pound bomb.

In visitors' book, Trump calls Taj Mahal 'awe-inspiring' monument

In visitors' book, Trump calls Taj Mahal 'awe-inspiring' monument

Rediff.com24 Feb 2020

'The Taj Mahal inspires awe, a timeless testament to the rich and diverse beauty of Indian Culture! Thank You, India,' the US President wrote in the visitors' book and jointly signed it with the First Lady.

'Most of rupee depreciation may be behind us'

'Most of rupee depreciation may be behind us'

Rediff.com12 Jun 2013

According to BofA-ML, the rupee volatility raises near term risk to inflation and to a rate cut this month.

Budget 2019: In a first, India to issue sovereign bonds in global market

Budget 2019: In a first, India to issue sovereign bonds in global market

Rediff.com6 Jul 2019

The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.

Inflation to hit 8.7% by March

Inflation to hit 8.7% by March

Rediff.com27 Jan 2010

Inflation is likely to peak at 8.7 per cent by end-March and the Reserve Bank is likely to begin tightening its monetary policy from its January policy review itself, a report by Bank of America Merrill Lynch (BofAML) has said.

Overseas friends lend Modi a helping hand

Overseas friends lend Modi a helping hand

Rediff.com11 Mar 2019

The Friends of Modi initiative is expected to to boost the BJP's vote count by at least 1%.

Global economy will strengthen in 2013: BofA-ML

Global economy will strengthen in 2013: BofA-ML

Rediff.com20 Dec 2012

Fiscal cliff top concern and emerging markets a preferred region for investing, findings suggest.

Hold on! Stock market will not give up gains easily

Hold on! Stock market will not give up gains easily

Rediff.com13 May 2015

Axis Bank, HCL Technologies, Maruti Suzuki, NBCC and Union Bank are their top five stock picks.

If China loses faith the dollar will collapse

If China loses faith the dollar will collapse

Rediff.com6 May 2009

If global stagflation takes hold, it will force China to accelerate its reforms to float its currency and create a single, independent and market-based financial system. When that happens, the dollar will collapse.

WEF creates task force with Rajan to study global financial system

WEF creates task force with Rajan to study global financial system

Rediff.com27 Jan 2016

The task force will look at emerging markets, technology, regulatory and monetary policies, loss of trust in financial services, and financial inclusion.

Green bonds become flavour of the season

Green bonds become flavour of the season

Rediff.com20 Jul 2017

Green bonds refer to bonds issued mainly by power companies to finance energy efficient projects