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About 16 results for "bank of america corporation"

Easing of US-China Trade War Fears; Inflation Outlook Cut & To...

Posted by Equitymaster The Indian stock markets closed sharply higher on Thursday after the Reserve Bank of India kept the repo rate unchanged at 6% in the first Monetary Policy Committee (MPC) meet of FY19, with the Sensex rising 578 points to 33,597, and ... Equitymaster.com, 2 weeks ago
catchnews.com

PNB scam exposes rot in public sector banks but privatisation is no solution

Every time a government bank reports a fraud in India, it fuels the chorus of those demanding privatisation of the sector. The demand for privatisation of pubic sector banks (PSBs) has been there for close to two decades now-but this time, they say, it's ...
 catchnews.com1 month ago

US Treasury Dept. sanctions Russian oligarchs, companies over malign activity

[USA], April 7 (ANI): The United States Department of Treasury's Office of Foreign Assets Control (OFAC) on Friday imposed sanctions upon seven of Russia's richest oligarchs who allegedly have ties to Russian President Vladimir Putin. OFAC worded a strong ...
 Sify1 week ago

Music is a commodity today

Vinod Mirani HMV had enjoyed a long solo run till the arrival of Polydor which created stiff competition. Advantage: filmmakers. Not only was the No Questions Asked run of the monopoly over, Polydor also offered advance against royalty or MG (Minimum ...
 The Financial Chronicle2 weeks ago
Rediff.com

Why FY19 is likely to be a volatile year for Indian equities

It won’t be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.  Indian equities were on a roll for the most of 2017-18 aided by strong domestic liquidity and favourable macroeconomic conditions. In fact, the ride till January this year was so smooth that the market did not witness a single correction in excess of 5 per cent. The rally, however, has been derailed since February, and experts believe 2018-19 ...
 Rediff.com2 weeks ago
Rediff.com

Why govt banks will not be privatised

'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.''That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.' Photograph: Rupak De Chowdhuri/Reuters NITI Aayog Vice-Chairman Rajiv Kumar favours the setting up of a bank investment company that would hold government shares in public sector banks, an idea suggested by the P J Nayak Committee. "Ideally, each of these banks should be ...
 Rediff.com3 weeks ago

Global Stock Pare Losses After Robust US Jobs Data

Posted by Equitymaster Global financial markets slumped this week after the US imposed steel and aluminium tariffs on exports. However, markets worldwide pared the losses on Friday amid robust US jobs data. Data from the U.S. Labor Department revealed that ...
 Equitymaster.com1 month ago
Mathrubhumi

Fascist forces have become part and parcel of neo-liberal forces: VS

Thrissur: Veteran CPM Leader VS Achuthanandan said Saturday thatthe fascist forces have become a part and parcel of neo-liberal forces. He was speaking at the seminar on 25 yrs of neo-liberal policies organized as part of the CPM state conference held in ...
 Mathrubhumi1 month ago
Rediff.com

The Stockmarket: What Next?

'My sense is that we should be braced for a correction.''It has already begun in the mid-caps for the past month, and will now spread to larger stocks as well.''Use the correction to upgrade the quality of your portfolio,' advises Akash Prakash. IMAGE: Investors follow the Sensex's movements at the BSE in Mumbai. Photograph: Reuters Indian markets faced a significant sell-off a day after the Budget, with the Nifty down 2 per cent and the mid-cap and small-cap indices dropping by more than 3.5 ...
 Rediff.com2 months ago

Fasten the seat belt

Poof went Rs 9.6 lakh crore from Indian markets, indicating a rough ride ahead Finance secretary Hashmukh Adia may be largely right when he attributed the latest sell off in Indian stocks to spooking and volatility in global equity markets over the last two ...
 The Financial Chronicle2 months ago
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