News for 'Bank of America'

More high-end jobs to move to India

More high-end jobs to move to India

Rediff.com20 Oct 2003

Next 6-12 months would be a challenge for the markets: Jigar Shah

Next 6-12 months would be a challenge for the markets: Jigar Shah

Rediff.com14 Mar 2016

After enduring volatility for the first two months of calendar year 2016 (CY16), global equity markets have recouped some of the losses in March. Jigar Shah, chief executive officer, Maybank Kim Eng Securities, believes the next triggers for the rally will come from a soft landing in China and no recession situation in the US.

Sensex snaps two-session losing streak, ends slightly higher

Sensex snaps two-session losing streak, ends slightly higher

Rediff.com26 Dec 2014

The 30-share Sensex ended up 33 points at 27,241.78 and the 50-share Nifty ended up 27 points at 8,200.70.

No Chinese upmanship at BRICS please!

No Chinese upmanship at BRICS please!

Rediff.com4 Sep 2017

'It is unrealistic to expect that security dilemmas and strategic distrust to disappear or even diminish any time soon,' says Rup Narayan Das.

2017: The year of the strong dollar (and weak rupee)

2017: The year of the strong dollar (and weak rupee)

Rediff.com21 Dec 2016

Devangshu Datta predicts the good, the bad and the ugly of currency trends for the coming year.

'There will be a drastic drop with the lockdown'

'There will be a drastic drop with the lockdown'

Rediff.com27 Mar 2020

'Without it, it is going to be much, much, much, much worse.' 'In the meantime, we really need to work on a sort of war footing, given that it is a natural disaster, provide relief, provide essentials, till we get biological herd immunity, we need to get economic immunity, and also social immunity.'

Rajan's reappointment should not be of media's interest: Modi

Rajan's reappointment should not be of media's interest: Modi

Rediff.com27 May 2016

"I don't think this administrative subject should be an issue of interest to the media," Modi said.

Guns vs butter at Wuhan

Guns vs butter at Wuhan

Rediff.com3 May 2018

'Modi's recent decisions to improve India-China relations, adjust India's neighbourhood policies and to rebalance India's ties with the major powers are linked to his political agenda.' 'Of course, the good part is that this agenda is also in the national interest,' says Ambassador M K Bhadrakumar.

Modi most popular leader, 80% Indians say economy in 'good' shape: Pew survey

Modi most popular leader, 80% Indians say economy in 'good' shape: Pew survey

Rediff.com15 Nov 2017

The share of adults who say the economy is 'very good' (30 per cent) has tripled in the past three years, it added.

US: 30,000 jobs gone and still counting

US: 30,000 jobs gone and still counting

Rediff.com8 Dec 2008

The whopping numbers are just a continuation of a strained labor market as employers in America slashed 5,33,000 jobs in the month of November, the maximum downsizing in 34 years. Right from telecom giant AT&T to battered banking major Credit Suisse to steel maker ArcelorMittal, the layoffs are spread across the sectors, amid the worst financial turmoil since the Great Depression of 1930s.

7 big steps for Modi 2

7 big steps for Modi 2

Rediff.com30 May 2019

Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.

Why Hemendra Kothari is leaving Merrill Lynch

Why Hemendra Kothari is leaving Merrill Lynch

Rediff.com19 Mar 2009

We have a great team and they are quality people with decades of experience. Everyone would like to retain them, says Hemendra Kothari, Chairman, DSP Merrill Lynch.

India needs to adapt to the world of tomorrow

India needs to adapt to the world of tomorrow

Rediff.com10 Sep 2020

In another 2-3 weeks, coronavirus will chariot India to overtake the United States. In March, Modi had exhorted the nation to celebrate India's impending success over the virus by clanging metal plates. Make no mistake, India is losing this momentous war under his captaincy, notes Ambassador M K Bhadrakumar.

'Credit, liquidity should top agenda of Modi 2.0'

'Credit, liquidity should top agenda of Modi 2.0'

Rediff.com24 May 2019

'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'

Jio's new plans cheer telecom industry

Jio's new plans cheer telecom industry

Rediff.com12 Jul 2017

In the latest move, the telco has reduced validity for its Rs 309/509 packages from 84 days to 56

Marco Rubio exits US presidential race after Florida rout

Marco Rubio exits US presidential race after Florida rout

Rediff.com16 Mar 2016

American senator Marco Rubio has dropped out of the presidential race after suffering a humiliating defeat at the hands of Republican front runner Donald Trump in his home state of Florida.

Wall Street, Silicon Valley excited about India: Michael Schlein

Wall Street, Silicon Valley excited about India: Michael Schlein

Rediff.com8 Mar 2016

Enthused by India's financial inclusion drive, US-based Accion, one of the biggest micro finance organisations in the world, has renewed its focus in India. Michael Schlein, bottom, left, chief executive officer of Accicon, tells Namrata Acharya in an email interview the Wall Street and Silicon Valley are eager to participate in opportunities presented by the issuance of the small finance and payment bank licences, the expanded banking correspondent opportunities, and the Jan-Dhan Yojna.

Demonetisation no surgical strike, but 'firebombing' of nation: Rahul

Demonetisation no surgical strike, but 'firebombing' of nation: Rahul

Rediff.com16 Dec 2016

Mounting a blistering attack on Prime Minister Narendra Modi, Rahul Gandhi on Friday said the demonetisation drive launched by him was "firebombing of 99 per cent honest people" and not a "surgical strike".

Nearly 50 FIIs apply for licences

Nearly 50 FIIs apply for licences

Rediff.com14 Nov 2007

Less than three weeks after the curbs on participatory notes, overseas investors are rushing to invest in the booming Indian stock markets directly by applying for Foreign Institutional Investor licences.

How India, Iran plan to bypass US oil sanctions

How India, Iran plan to bypass US oil sanctions

Rediff.com15 Oct 2018

'Indian and Iranian sources both confirmed to me that India and Iran are moving ahead to implement a payment system on buying oil from Iran and hope to finalise it very soon,' says Aveek Sen.

India start-ups at risk as investors close taps, Modi fund falls short

India start-ups at risk as investors close taps, Modi fund falls short

Rediff.com20 Jan 2016

Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015

RBI can sell upto $30bn to support rupee

RBI can sell upto $30bn to support rupee

Rediff.com24 Jun 2013

The BofAML report said that five year money can be raised by issuing the 7 to 9 per cent coupon bonds to stabilise markets, just as it was done in 1998 and 2001.

RIL hits overseas debt market with $1bn bond sale

RIL hits overseas debt market with $1bn bond sale

Rediff.com9 Dec 2014

Ambani has unveiled an over Rs 1.8 trillion capex plan for the next three years.

A Kashmir diary

A Kashmir diary

Rediff.com3 Jul 2019

'On the drive to the airport, the streets are lined with men in battle camouflage carrying assault rifles and bearing familiar faces -- Tamilians, Bengalis, Punjabis, feared by the locals and in turn fearing them,' notes Aakar Patel during a visit to Srinagar.

India is the brightest spot in Asia Pacific region: S&P

India is the brightest spot in Asia Pacific region: S&P

Rediff.com9 Dec 2014

India has emerged as the brightest spot in the Asia Pacific region as reform has picked up pace in the country in recent months, a top credit rating agency has said.

'RBI may hold rates in 2016 on inflationary risks'

'RBI may hold rates in 2016 on inflationary risks'

Rediff.com8 Dec 2015

RBI may go for a 25-basis point cut at its February policy meet.

5 events the markets may react to in 2017

5 events the markets may react to in 2017

Rediff.com23 Dec 2016

Demonetisation impact, earnings growth, central bank policies will get attention.

What the Internet holds for India in 2018

What the Internet holds for India in 2018

Rediff.com1 Jan 2018

Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.

RBI likely to cut repo rate in February

RBI likely to cut repo rate in February

Rediff.com9 Nov 2014

The Reserve Bank of India (RBI) is likely to take a "more dovish" stance in its upcoming monetary policy review on December 2 and may go in for a cut repo rate in February, according to a British brokerage house report.

Recession on the way: Soros

Recession on the way: Soros

Rediff.com13 Oct 2008

The real economy, he said, is now going to enter into quite serious recession, "But if you do the right things, then you could see how you could come out of that recession." In an interview with ABC News, he agreed that the United States would have less power in the world and perhaps American citizens would have less money in the pocket as a result of the crisis.

We have political will to undertake financial reforms: Rajan

We have political will to undertake financial reforms: Rajan

Rediff.com9 Oct 2014

Rajan encouraged the Indian-American business community to get involved in the 'nitty gritty of the implementation process,' saying such involvement was not difficult especially since the Indian government has the political will to reform.

Hairstyles make CEOs successful?

Hairstyles make CEOs successful?

Rediff.com12 May 2008

For those who believe only grey cells set apart leaders from the rest, there is another hair raising observation among corporate America that most of the successful CEOs including Pepsico's Indra Nooyi part their hair to the left, says US business magazine Fortune.

Trump's victory not good for world markets, says Jim Rogers

Trump's victory not good for world markets, says Jim Rogers

Rediff.com10 Nov 2016

'Going ahead, I think the world trade will slow down or decline, and this will be bad for everybody.'

Top US lawmakers praise Modi's leadership

Top US lawmakers praise Modi's leadership

Rediff.com8 Jun 2016

Reflecting a new sense of bonhomie between India and the United States, top American lawmakers on Wednesday praised the leadership of Prime Minister Narendra Modi and underscored that the bilateral relationship has entered a new phase.

Sensex ends down 470 points on global worries

Sensex ends down 470 points on global worries

Rediff.com15 Sep 2008

The BSE Realty index slumped 7.7% at 4,335. The IT index dropped 5.5% to 3,597, and the Metal index shed 4.5% at 10,391. The market breadth was extremely negative - out of 2,662 stocks traded, 2,263 declined, 359 advanced and 40 were unchanged on Monday.

India's current account deficit may widen to 2.3% in FY16

India's current account deficit may widen to 2.3% in FY16

Rediff.com22 Sep 2014

BofA-ML revised its end-2015 rupee-dollar forecast to 60 from 64 earlier.

What next in Kashmir?

What next in Kashmir?

Rediff.com22 Nov 2018

'We should give azaadi to Jammu and Ladakh from the domination of Kashmir valley politics,' suggests Colonel Anil A Athale (retd).

Analysts believe RBI may cut interest rates as early as this week

Analysts believe RBI may cut interest rates as early as this week

Rediff.com2 Mar 2015

The Reserve Bank may cut key interest rates as early as this week.

Why are global investors turning cautious?

Why are global investors turning cautious?

Rediff.com21 Jul 2016

Global growth expectations have slumped to a five-month low.