According to the BofA-ML Fund Manager Survey for January, asset allocators assigning more funds to equities than at any time since February 2011, while their confidence in the world's economic outlook has reached its most positive level since April 2010.
Burj Khalifa is currently the tallest structure in the world, at a height of 829.84 metres (2,723 ft).
Ashishkumar Chauhan says that the exchange is seeking a valuation of about $1 billion.
Analysts say RBI will cut rates because the liquidity crunch that began this time last year is still hurting the economy and also with an eye on the August industrial production numbers, which showed a contraction by 1.1 per cent -- the steepest in seven long years.
According to BofA-ML, the rupee volatility raises near term risk to inflation and to a rate cut this month.
Fiscal cliff top concern and emerging markets a preferred region for investing, findings suggest.
The ugly underbelly of the policies of economic liberalisation followed over the last two decades has been crony capitalism at its worst.
The rupee on Tuesday fell to a two-month low of 54.78 against the US dollar.
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.
According to the global investment banking major, the RBI will continue to gradually shift its focus to reviving growth from exclusively fighting inflation since 2010 and is likely to cut rates in June by 25bp, and by 50bp in March 2014 quarter.
Banks' loans are set to grow at the slowest pace in a decade this financial year, as companies continue to shy away from borrowing in the current uncertain macro-economic environment.
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.
Expectes RBI Governor to announce 0.25 per cent rate cut.
The rise in the toasted category of high networth individuals in the country is getting affected in the 'high inflation, slow growth' scenario being witnessed at present, a top official of Merrill Lynch Wealth Management said in Mumbai on Thursday.
However, the American brokerage said it continues to expect the Reserve Bank to cut policy rates by 25 bps on January 29.
The report also said that the domestic currency was likely to trade weak in the near future.
Monsoon session of Parliament expected to be stormy and likelihood of GST Bill and Land Bill getting passed are slim
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.
These investments will be targeted at petrochemicals, exploration and production and telecom businesses.
The investment banking major has hiked its FY'14 CAD forecast to 4.3 per cent of GDP from 3.8 per cent with slowing global recovery likely to delay export turnaround.
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.
Foreign institutional investors have offloaded shares worth nearly Rs 3,000 crore (Rs 30 billion) in 23 Indian companies, such as mortgage lender HDFC and Bombay Dyeing, among others, so far in 2011.
In the mid-quarter review on December 18, the Reserve Bank left key policy rates unchanged but said it will hike interest rates if inflation does not subside.
From working in a Japanese restaurant to heading F&B services for a five-star chain of hospitals, and judging culinary championships, Chef Randy Chow has had diverse experiences in the field. Now, heading the faculty team At-Sunrice GlobalChef Academy, Singapore, Chef Randy shares his recipe for the creation of a top chef.
Home prices in Mumbai are headed for a sharp correction, while others may remain stagnant due to rising unsold stock, says a report from Bank of India Merrill Lynch.
Oracle plans to hire 3,500 people by may 2012. Merril Diniz of Careers360 tells you what you need to know to land a job at Oracle India.
The number of dollar-millionaires in India surged to a record high of 1.53 lakh (153,000) in 2010, making the country's high net worth individual (HNI) population 12th largest across the globe, as per a global study.
Rising risk levels in emerging markets and the recovery of the global market is prompting investors to shift their investments to developed markets.
A deal with Gamesa seen valuing firm at $3 billion.
Greece's financial crisis has intensified.
Value deals are available at Rs 2-10 lakh, giving investors an opportunity to make some good buys.
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.
Among the Gulf countries, only the UAE saw a slump in its millionaires' club, a decline attributed to the collapse of Dubai's real estate market, which eroded house prices by more than 60 per cent.
Global financial majors, who until recently viewed India as a safe investment decision, are having second thoughts.
DE Shaw, a global private equity (PE) and hedge fund company, is close to acquiring a 14.2 per cent stake in New Delhi Television (NDTV) for Rs 70 crore (Rs 700 million).
After the crunch period of 2009, the private banking industry, which caters to high net worth individuals, is once again in growth mode.
JPMorgan, Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley, as well as Britain's Asia-focused Standard Chartered said they would try to support London's financial sector
Bank of America Merrill Lynch, Citigroup, Credit Suisse, Goldman Sachs International, JP Morgan Securities, Morgan Stanley, Nomura and UBS have confirmed their commitment to the FSA Rule and the supporting Code on remuneration practices. These were published in August and would come into force on January 1, 2010 (and cover payments for performance year 2009).
RBI's previous monetary policy was announced on September 29.
With private consumption growing 3.6 per cent versus 18.1 per cent for government in April-September 2009, and investment growth falling to around half, any decision on phasing out has to be taken carefully.
