The Reserve Bank of India isexpected to go in for a 25 bps rate cut at its next monetarypolicy meet on February 8 -- as also in April -- says a Bankof America Merrill Lynch (BofA-ML) report. Money Control, 23 hours ago
Dec quarter growth may slip to 5.5-6% on demonetisation: BofA-ML - Money Control, 1 month ago
Dec qtr growth may slip to 5.5-6% on demonetisation: BofA-ML - Business Standard, 1 month ago
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A Bank of America Merrill Lynch (BofA-ML) report has said that the Indian economy is going through a shallow recovery and GDP growth is expected to come down to 6.9 percent this fiscal following demonetisation.Commenting on the issue, a BofA-ML Official ...One India, 1 month ago Demonetisation effect: BoFA lowers GDP forecast to 6.9% for FY 2017 Business Standard India, 1 month ago Demonetisation: BofA cuts India's current fiscal growth forecast to 6.9% Economic Times, 1 month ago BofA cuts FY17 growth forecast to 6.9% amid demonetisation India.com, 1 month ago
Banks are expected to bring down lending rates by 50-75 basis points in April-September if the Reserve Bank of India (RBI) injects liquidity worth Rs 2,20,000 crore through open market operations, says a report.DNA, 2 weeks ago Demonetization: 'Expect banks to cut lending rates soon' DNA India, 1 month ago
At a time when major economies have increased spending, India will have to do the same. When Finance Minister Arun Jaitley presents the 2017-18 Budget on February 1, he may announce a fiscal deficit target close to 3.5 per cent of gross domestic product. A government official said this would enable a higher spend on infrastructure, housing, the social sector and other flagship schemes of Prime Minister Narendra Modi’s government. According to the existing fiscal responsibility and ...Rediff.com, 2 days ago
The Finance Minister is likely to relax the 3% target, and increase it to 3.5% of GDP, in order to support growth.DNA, 1 week ago
Over 85 per cent of the current Reliance Jio customers have expressed interest to retain connection even after its free 4G service offer expires on March 31, 2017, as per a sample conducted by Bank of America- Merrill Lynch. "An overwhelming majority - over ...Deccan Herald, 1 week ago
Brokerages lower year-end targets for Sensex; rupee hits a fresh nine-month low Mumbai: India's benchmark indices, the Sensex and Nifty, on Monday erased all their gains so far this year and the rupee closed at a fresh nine-month low as foreign ...Livemint.com, 1 month ago
Nomura, for instance, believes there is a downside risk to its Q1 GDP growth projection of 6.9% y-o-y. (Source: Reuters) With consumption spends in rural and urban India stifled by the acute scarcity of cash, the economy is set to clock sharply ...Financial Express, 3 weeks ago Note ban a big blow! MSN News US, 3 weeks ago Note ban a big blow! GDP growth may dip MSN News US, 3 weeks ago
Demonetisation impact, earnings growth, central bank policies will get attention, reports Puneet Wadhwa.Illustration: Dominic Xavier/Rediff.com It has been an eventful year for the markets, which took most of the global and domestic events in their stride. Internationally, events such as Brexit, the surprise victory of Donald Trump in the US presidential election and the rate hike by the US Federal Reserve (US Fed) impacted sentiment. On the other hand, the government's clampdown on black money ...Rediff.com, 3 weeks ago
Demonetisation, that apparently hit businesses of banks, state-owned lenders demanded more money for their recapitalisation from Finance Minister Arun Jaitley. In their pre-Budget meeting with the minister, the PSU bankers also sought a complete removal of ...Deccan Herald, 4 weeks ago
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