News for 'Bank of America'

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.

'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?'

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.

Indian NGO selected for first US innovation award

Indian NGO selected for first US innovation award

Rediff.com8 Mar 2012

Chintan, an Indian NGO has been chosen for America's first Innovation Award for the Empowerment of Women and Girls.

US to lose high-skilled entrepreneurs: Study

US to lose high-skilled entrepreneurs: Study

Rediff.com19 Mar 2009

The Kauffman Foundation study released on Wednesday indicates that lessening the number of foreign national students in US jobs may be detrimental to the economic health of the country by accelerating the return of talented immigrant students to their home countries.

10 reasons why the Indian economy has gone off track

10 reasons why the Indian economy has gone off track

Rediff.com28 May 2012

The ugly underbelly of the policies of economic liberalisation followed over the last two decades has been crony capitalism at its worst.

Analysts see another repo hike on Oct 29

Analysts see another repo hike on Oct 29

Rediff.com8 Oct 2013

Governor Raghuram Rajan's move to cut the MSF rate, at which banks borrow if they exceed their repo borrowing limits, by 0.50 per cent to 9 per cent should not be construed as a reversal in his policy stance and is more of a normalising measure, Citi said in a note.

Aditya Puri in Barron's list of 30 best CEOs

Aditya Puri in Barron's list of 30 best CEOs

Rediff.com22 Mar 2015

20 CEOs are from the companies based in US.

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.

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.

Sensex EPS likely to be under Rs 1,300 for FY'14: BofA

Sensex EPS likely to be under Rs 1,300 for FY'14: BofA

Rediff.com2 Apr 2013

According to the financial services major, FY13 Sensex EPS has been downgraded from Rs 1,510 to Rs 1,175, and FY14 Sensex EPS is likely to be downgraded to below Rs 1,300.

FM faces US chill: Business forums express concern

FM faces US chill: Business forums express concern

Rediff.com19 Apr 2012

The weather in Washington is balmy, but Finance Minister Pranab Mukherjee, in the US to attend a meeting of the International Monetary Fund and the World Bank, would feel a distinct chill as he readies to meet corporate America.

Obama nominates Yellen as head of Federal Reserve Board

Obama nominates Yellen as head of Federal Reserve Board

Rediff.com10 Oct 2013

US President Barack Obama has nominated Janet Yellen to head the Federal Reserve Board, describing her as one of America's "foremost economists and policy makers".

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

$100 million: The heavy price of cyber security

$100 million: The heavy price of cyber security

Rediff.com17 Jan 2017

Benefits of demonetisation come at a heavy price for Fintech firms. They will spend a massive amount on securing and reinforcing their cyber security apparatus this financial year. Karan Choudhury reports.

360,000 cards hacked in May cyber attack: Citigroup

360,000 cards hacked in May cyber attack: Citigroup

Rediff.com16 Jun 2011

In a statement issued late on Wednesday night, Citigroup said, "A total of 360,083 North America Citi-branded credit cards were affected. Only accounts issued in the US were impacted."

Hacked! Thousands of Citi card customers' data

Hacked! Thousands of Citi card customers' data

Rediff.com9 Jun 2011

Computer hackers have breached Citigroup's computer network and have accessed data related to hundreds of thousands of its card customers, the Financial Times 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%.

Obamacare a bitter pill for Cognizant

Obamacare a bitter pill for Cognizant

Rediff.com9 May 2014

In the quarter, Cognizant's revenue grew one per cent over the past quarter in North America.

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.'

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.

3 reasons why RBI should opt for a rate cut

3 reasons why RBI should opt for a rate cut

Rediff.com5 Aug 2016

RBI policy surely cannot impact agflation, in any case.

'FY'13 GDP growth to be at 5.6%'

'FY'13 GDP growth to be at 5.6%'

Rediff.com10 Sep 2012

According to a research report by Bank of America Merrill Lynch, despite better rains the growth forecast for this fiscal is likely to be around 5.6 per cent.

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.

SBI may hit market with Rs 15,000 cr issue by June

SBI may hit market with Rs 15,000 cr issue by June

Rediff.com24 Apr 2015

Budget this year has allowed PSBs to bring down govt stake to 51%

Merrill paid over $10 mn to top execs

Merrill paid over $10 mn to top execs

Rediff.com4 Mar 2009

Beleaguered investment bank Merrill Lynch has paid more than $10 million in cash and stock to its eleven top executives last year, says a media report.

India's $400-billion forex reserves comes at a cost

India's $400-billion forex reserves comes at a cost

Rediff.com29 Sep 2017

What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy.

BoA to set up 2nd BPO unit in Mumbai

BoA to set up 2nd BPO unit in Mumbai

Rediff.com11 Feb 2005

The unit will do market research and prepare presentations for bank executives working with corporate clients.

Brazil BRICS summit to be Modi's first multilateral meeting

Brazil BRICS summit to be Modi's first multilateral meeting

Rediff.com7 Jul 2014

The agenda is to give a concrete shape to a Development Bank and pitch for reforms of the UN Security Council.

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.

Financial firms expect another stimulus

Financial firms expect another stimulus

Rediff.com1 Jun 2009

Bank of America Securities-Merrill Lynch raised its growth forecast to 6.3 per cent from 5.3 per cent for the current fiscal. BAS-ML has also revised the country's growth projection to 7.3 per cent for the next fiscal from 7.1 per cent earlier.

Lehman Brothers files for bankruptcy. Is AIG next?

Lehman Brothers files for bankruptcy. Is AIG next?

Rediff.com15 Sep 2008

Lehman Brothers, fourth largest investment firm, filed for bankruptcy, after Barclays pulled out of an 11th-hour rescue, becoming the largest financial firm to fail in the global credit crisis, after federal officials refused to help other companies buy the venerable investment bank.

Flipkart awaits CCI nod for Walmart deal, puts plans on hold

Flipkart awaits CCI nod for Walmart deal, puts plans on hold

Rediff.com26 Jun 2018

Flipkart has not been able to process with its plans of getting into the grocery vertical and is stuck on running pilots in select cities.

Merrill Lynch tops Indian M&A league

Merrill Lynch tops Indian M&A league

Rediff.com13 Dec 2013

Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.

YOUR SAY: Best companies to work for in India

YOUR SAY: Best companies to work for in India

Rediff.com20 Jun 2012

Tell us, which company, according to you is the best in India to work for! Post your comments right below!

'Superstar chairmen across corporate India don't want to give up power'

'Superstar chairmen across corporate India don't want to give up power'

Rediff.com3 Nov 2016

The Tata Sons controversy has raised governance concerns. Arun Duggal and Mohandas Pai on the role of independent directors in such conflict situations.

FREEZE! Animals on the Prowl

FREEZE! Animals on the Prowl

Rediff.com9 Sep 2021

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

Why can't we create a Big Bang Theory?

Why can't we create a Big Bang Theory?

Rediff.com27 Jun 2020

'Where are the funny writers on Indian television and OTT platforms?' 'Where are the sitcoms?' asks Vanita Kohli Khandekar.

Economists cut India's growth forecasts

Economists cut India's growth forecasts

Rediff.com25 May 2012

Goldman cut India's growth estimates to 6.6 per cent from 7.2 per cent for the fiscal year ending March 2013, while BofA revised its forecast to 6.5 per cent from 6.8 per cent.

The richest women on TV

The richest women on TV

Rediff.com15 Oct 2009

A look at the top moneymaking female on primetime TV by Forbes.