Determining the direction of the dollar in Trump's America will be more critical for asset allocation than getting your call on interest rates right, says Akash Prakash.
Bank of America on Tuesday said it was committing additional capital to the tune of $175 million (Rs 767 crore) for shoring up its India franchise.
If the government is to be the lender of last resort for financial companies, it has to demand more control over their daily business
The latest one being Ken Toombs, global head of consulting at the Bengaluru-based entity.
'If any party talks too much about Muslims, it will lose.'
Pharma was the top losing index amid worries about their earnings outlook with Lupin down over 4%
'Better hygiene practices could lower a person's immunity and make the person susceptible to auto-immune diseases.'
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
Many European cities have less than half the emissions per person of many cities in North America.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
Nawaz Sharif was the last Pakistani prime minister to visit the US on an official trip in October 2015.
Inflows from Europe, falling crude oil to come to the rescue if rupee cracks against the dollar.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Bank of America Merrill Lynch on Monday trimmed India's economic growth estimates by 30 basis points to 7.1 per cent for the current fiscal, while global financial services giant Morgan Stanley downgraded its GDP growth forecast for the current fiscal to 7.3 per cent from the earlier 7.7 per cent.
The war of words between Donald Trump and his Democratic rival Hillary Clinton on Wednesday reached a new high with the presumptive Republican presidential nominee calling her a "world-class liar" while she hit back describing him as "self-proclaimed king of death" for his rhetoric, economic policies.
Rosier year-end seen for Indian pharma thanks to faster US approvals.
Money sent abroad rises sharply in July; maintenance of close relatives, education expenses top the chart
RIL said it has priced its 144A/Reg S bonds to yield 240 basis points over US Treasuries Note at a 4.125 per cent coupon.
Rising risk levels in emerging markets and the recovery of the global market is prompting investors to shift their investments to developed markets.
Black is the new platinum as the field for elite credit cards gets crowded.
Reliance Industries is expected to report a 24 per cent drop in its net profit for the June 2012 quarter as compared to its profit in June 2011.
US Special Representative for Pakistan and Afghanistan Richard Holbrooke has promised "accountability" and "transparency" in America's civilian aid to Pakistan, a fortnight after a top Senator had expressed serious concern that the funds might end up in bank accounts of corrupt politicians and officials of the country.
A bit of good news is that it has already mopped up $19 billion in forwards in May.
Czech model Karolina Kurkova has taught aspiring models about the importance of healthy eating in a reality programme.
Mirach said it has remitted $2.625 million to the Sebi-Sahara Fund.
ignio has more than 75 patents filed in the artificial intelligence, machine-learning and intelligent-automation space
'Dev for me embodied all that kind of charm, optimism, energy, vulnerability, awkwardness and yet strength.' 'He's in every scene for two hours.' 'He has to play drama, melodrama, romance, pathos, comedy.' 'It was a relief when he said yes.'
El Nino, which refers to warmer-than-average sea surface temperatures in the central and eastern tropical Pacific Ocean, will likely to keep CPI inflation up at 8-10 per cent in the second half of 2014 and will pose a 50-70 basis point risk to this fiscal's growth expectation, the report by financial services major Bank of America Merrill Lynch said.
'One of the strategies is to pick deals carefully. That means looking at sectors like energy, banking, insurance and also doing outsourcing.'
Steps to improve governance, instill confidence in the government machinery and streamlining function across the different ministries are also important to feed the positive mood, the DBS report added.
A below-normal monsoon can bring down India's GDP growth by 0.50-0.75 per cent this financial year, forcing the Reserve Bank to delay rate cuts to 2015, Bank of America-Merrill Lynch (BofA-ML) said.
The Industrial Development Bank of India-led consortium will meet the foreign lenders in London on Wednesday for taking over their outstanding dues in the troubled Dabhol Power project.
Global financial majors, who until recently viewed India as a safe investment decision, are having second thoughts.
News of all that transpired on and off the football field
.jpg)
The global brokerage firm in March had trimmed the growth forecast to 6 per cent and in June again it revised the growth estimate to 5.8 per cent.
Various corporate houses and private banks, including Aditya Birla Group, Hindustan Lever, Sahara Group, Bank of America, ANZ Grindlays, ICICI Bank, ABN Amro and HSBC
Analysts expect the indices to dip further if the global macros do not stabilise
Investing in special situations can help you tap opportunities that arise during adverse conditions, advises Joydeep Sen.
According to the foreign brokerage major, after two quarters of 'near-zero' growth aggregate headline profit for Sensex companies, it is expected to show a weak recovery.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances