News for 'Bank of America'

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.

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.

Does poor hygiene lead to fewer Covid deaths?

Does poor hygiene lead to fewer Covid deaths?

Rediff.com30 Oct 2020

'Better hygiene practices could lower a person's immunity and make the person susceptible to auto-immune diseases.'

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.

Trump's former lawyer sentenced to 3 years in prison

Trump's former lawyer sentenced to 3 years in prison

Rediff.com12 Dec 2018

Cohen, 52, was sentenced to 36 months in prison by the US District Court for the Southern District of New York.

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.

'This is also a war against Pakistan'

'This is also a war against Pakistan'

Rediff.com9 Nov 2016

'This is not only a fight against corruption and black money, this is also a fight against terrorism and counterfeit currencies.'

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.

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.

'I could only imagine Dev as David Copperfield'

'I could only imagine Dev as David Copperfield'

Rediff.com26 Aug 2020

'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.'

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.

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.

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.

Mending fences with China begins

Mending fences with China begins

Rediff.com26 Feb 2018

'Significantly, Foreign Secretary Gokhale was received at very high level in Beijing.' 'It only shows China's keenness to move forward and put the relationship on a 'win-win' footing,' says Ambassador M K Bhadrakumar.

Trump on the campaign trail in India

Trump on the campaign trail in India

Rediff.com17 Feb 2020

'Another rejection of mediation between India and Pakistan will leave Mr Trump disappointed.' 'In that case, he is likely to point out the war-like situation on the border and press for direct talks which have been stalled on account of continuing terrorism from Pakistan,' notes Ambassador T P Sreenivasan.

'Mucor is very scary'

'Mucor is very scary'

Rediff.com2 Jun 2021

'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.'

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.

Think Xiaomi. Think T-shirts. TVs. Suitcases...

Think Xiaomi. Think T-shirts. TVs. Suitcases...

Rediff.com14 Oct 2018

Xiaomi now a lifestyle player, quietly launching a slew of non-smartphone products like Mi branded luggage, backpacks, apparel, U-shaped pillows, pens, home security cameras and air purifiers.

Atwal rises to tied 11th

Atwal rises to tied 11th

Rediff.com1 Jun 2008

A flawless back-nine -- studded with four birdies -- helped Arjun Atwal get over a front nine slump and the Indian turned in a three-under 69 in the penultimate round to rise to the tied 11th spot in the Nationwide Tour's Bank of America Open in Glenview.

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.

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.

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.

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 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.

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.

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.

Why wealth is moving out of US

Why wealth is moving out of US

Rediff.com6 Mar 2008

Following the declining dollar, investor nations are buying gold. There is a discernible return to Gold Standard in global trading from the current Dollar Standard.

India must stop being the West's digital colony

India must stop being the West's digital colony

Rediff.com17 Oct 2019

'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.

Why India is a prime destination for PE investors

Why India is a prime destination for PE investors

Rediff.com10 May 2018

The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals

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.

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".

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.

Rupee seen at 61 against the dollar in near term

Rupee seen at 61 against the dollar in near term

Rediff.com23 Sep 2014

The global brokerage firm further said that BoP would be INR-supportive.

Citi chief Prince denies job cut talks

Citi chief Prince denies job cut talks

Rediff.com27 Mar 2007

Charles Prince, chief executive officer, Citigroup has vehemently denied reports that the banking major is planning to shed thousands of jobs and focus outside North America for growth and termed it as 'press voyeurism'.

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

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.

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.

If we ever talk to Pak, it will be on PoK: Rajnath

If we ever talk to Pak, it will be on PoK: Rajnath

Rediff.com18 Aug 2019

He also accused Pakistan of wanting to destabilise and weaken India through terrorism.

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.

NRIs, check the number of days you spend in India

NRIs, check the number of days you spend in India

Rediff.com2 Mar 2020

The Budget has changed the rules for Indian citizens and persons of Indian origin visiting India. Instead of 182 days, the number of days has been reduced to 120. You will be treated as a resident of India for tax purposes if you stay in the country for more than 120 days in a financial year and 365 days in the past four years. One consequence of the change will be that people of Indian origin who reside outside India will be able to spend a smaller number of days in the country if they wish to keep their non-resident status intact, points out Sanjay Kumar Singh.