Dec 01, 2016 at 13:00 | Source: PTI
India's GDP accelerated to 7.3 percent in the September quarter, pushed mainly by farm output, although the momentum may be hit in the coming months owing to demonetisation.
Dec 01, 2016 at 11:43 | Source: CNBC-TV18
Lack of clarity on the lasting macro-economic impact of notes cancellation and potential disruption from GST is keeping active investors on the sidelines, Neelkanth Mishra of Credit Suisse says.
Nov 29, 2016 at 14:10 | Source: PTI
According to Bank of America Merrill Lynch (BofA-ML), the imposition of 50 percent penalty on black money deposits is likely to help the government meet its fiscal deficit target of 3 percent for 2017-18 and the additional capital would also help to recapitalise PSU banks.
Nov 29, 2016 at 09:22 | Source: CNBC-TV18
Sanjay Mookim of Bank of America Merrill Lynch says the conservative portfolio now would look to add utilities, telecom and oil marketing companies. A more balanced outlook would be to add also to pharma and quality banks.
Nov 28, 2016 at 17:10 | Source: PTI
Bank of America Merrill Lynch (BofA)today trimmed the country's economic growth estimates by 30basis points to 7.4 per cent for the current fiscal asdemonetisation of Rs 500 and Rs 1,000 notes is expected tohurt activity in December.
Nov 28, 2016 at 13:18 | Source: Moneycontrol.com
After banning legal tender status of Rs 500 and Rs 1,000 notes since November 8, there has been a huge surge in banks' deposits. To reduce that surplus liquidity available with the banking system, the Reserve Bank of India, on last Saturday, announced temporary measures by applying an incremental cash reserve ratio.
Nov 25, 2016 at 08:21 | Source: CNBC
Saudi Arabia is trying to guide OPEC members toward a deal to cut production by 4 to 4.5 percent, in a bid to balance global supply and perhaps boost oil prices by about USD 10 a barrel.
Nov 24, 2016 at 18:58 | Source: CNBC-TV18
Asian currencies, including India, have been depreciating in last 1-2 years. As long as the dollar strengthens, weakness in emerging markets currency will continue, Jayesh Mehta, MD & Country Treasurer of Bank of America.
Nov 24, 2016 at 10:19 | Source: Moneycontrol.com
Bank of America Merrill Lynch maintains buy rating on Zee Entertainment with a target of Rs 625 per share thinking that it will have no impact on redemption of redeemable preference share.
Nov 23, 2016 at 10:57 | Source: Moneycontrol.com
Bank of America Merrill Lynch says that though it is difficult to quantify demonetisation scheme may lead to labour shortage for L&T and its sub-contractors, impact execution of luxury residential real-estate projects (6 percent of order book) and potentially delay compensation from NHAI for exemption of toll collection on NHAI projects.