PM started 'Make in India' but every product in market is Make in China: Rahul
In the broader market, the BSE Midcap was down 0.2%, while BSE Smallcap fell 0.1%.
'Raghuram Rajan is a wonderful economist, but he is not a wonderful Indian economist.' 'He doesn't understand India in the granular form.' 'India exists only from Delhi to Nariman Point for him.' 'India is much, much bigger and complex.' 'The new RBI governor shouldn't get ready to open his umbrella when it rains in America'
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.
Pulses cropping has jumped to 39.4 per cent above 2015 levels.
Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.
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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.
His global experience, deep business acumen and long association with the Tata Group will prove invaluable in his new role: ICICI Bank MD and CEO Chanda Kochhar.
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.
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 unit will do market research and prepare presentations for bank executives working with corporate clients.
2nd time within a few days RIL has hit the forex debt market.
The coronavirus has infected 1.2 million Americans and killed more than 73,000.
According to BofA-ML, lead indicators still point to six months of pain and it is not until the March quarter that growth is expected to recover to 6.5 per cent levels.
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
'Mucor is an environmental fungus, and it's much more prevalent in hot and humid areas.' 'The amount of fungus in the air is much higher in India than some other parts of the world.'
A look at the top moneymaking female on primetime TV by Forbes.
'Part A of the Budget was like it was written by somebody from the 21st century and Part B was written by somebody from the 19th century.'
The rupee's stability in the last 12 to 18 months made corporates reduce hedging
A breakthrough will come from what we teach and how, says Ajit Balakrishnan.
There is an "infinitely" greater chance of the cash-rich Islamic State smuggling its first nuclear weapon from Pakistan to attack the United States within a year, according to the latest edition of the dreaded group's propaganda magazine.
Meanwhile, Gandhi said Modi has betrayed the people, claiming that he had not fulfilled promises of providing two crore jobs every year and "depositing" Rs 15 lakh in their bank accounts.
Union Bank of India, United Bank of India reduced base rates.
Rally restricted to big stocks; FIIs have hit investment caps in many large companies.
These investments will be targeted at petrochemicals, exploration and production and telecom businesses.
'They will not get more than two seats in Haryana if elections are held now.'
Bank of America Merrill Lynch believes this would ease pressures on CAD as $10 a bbl fall in oil price reduces CAD by $8 billion or 0.4 per cent of GDP.
Prime Minister Narendra Modi leaves for Brazil on Sunday for attending the five-nation summit of BRICS nations on July 14 and 15 which is expected to finalise the setting up of a development bank and seek reforms of the United Nations and international financial organisations.
Since 2009, the Department has publicly charged 73 account holders and 35 professionals with violations arising from their offshore banking activities, and 72 individuals have plead guilty or were convicted at trial.
US banking behemoth Citigroup is still looking out for new employees and has posted more than 100 job vacancies over last week
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
''I have been saying for the last 25 years, to no avail naturally, that the only government asset that is politically unproblematic is land,' says T C A Srinivasa Raghavan.
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In the global market, the dollar was quoted lower in the early trade with investors looking ahead to the following day's European Central Bank policy decision.
Beleaguered investment banking major Merrill Lynch's losses widened to $5.15 billion for the third quarter ended September 26, 2008, as write-downs to the tune of $9.5 billion took a heavy toll on the bottom line.
Switzerland remains the 'biggest private banking financial centres for cross border wealth management' with assets worth over CHF 2.11 trillion ($2.2 trillion), as per the study conducted by the Swiss Bankers Association and the Boston Consulting Group.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
'The hardliners in Delhi are in for a big disappointment,' predicts Ambassador M K Bhadrakumar.
Britain's National Cyber Security Centre, leading the international investigation, believes that a hacking group known as Lazarus launched the attack.
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