BofA-ML

FY18 fiscal deficit target may be set at 3-3.5% than 3%: BofA-ML

Government’s fiscal deficit target for next fiscal could be changed to a ‘range’ and set at 3-3.5 per cent of…

May 20, 2016 14:53 IST

Indian Railways may miss Rs 1 lakh-cr capex target this fiscal: BofA-ML

The Ministry of Indian Railways is likely to miss its “ambitious” capital expenditure target of Rs 1 lakh crore for…

December 13, 2015 12:24 IST

Engineering & construction: Sales growth of infra companies in revival mode

We note that most macro indicators such as growth in freight traffic through rail, road & ports are still witnessing…

November 30, 2015 00:09 IST

India to meet fiscal targets despite revenue drop: BofA-ML

Government is likely to meet its fiscal deficit target this year despite risks of shortfall in tax collection and disinvestment…

October 22, 2015 20:19 IST

Trai call drop norms to hurt telcos earnings by 5%: BofA-ML

Terming the telecom watchdog’s policy to compensate users for call drops difficult to implement, Bank of America Merill Lynch today…

October 20, 2015 19:51 IST

India to see slow recovery amid global woes, rate cut delays: BofA-ML

The recovery in Indian economy is likely to be driven by a pick-up in consumption in the next 12 months,…

October 20, 2015 15:27 IST

Economic recovery much slower than expected: BofA-ML

Global financial services major Bank of America Merrill Lynch today said Indian economy is recovering at a much slower-than-expected pace,…

October 12, 2015 16:21 IST

RBI rate cut to boost realty demand: BofA-ML

American brokerage Bank of America Merill Lynch today said the surprise 0.50 per cent cut by RBI is equivalent to…

October 1, 2015 20:55 IST

US Fed hike better for India as delay may stall Fx inflows: BofA-ML

Expecting a 25 bps hike in the US Fed rate post-September 17 meeting, American brokerage Bank of America-Merril Lynch today…

September 11, 2015 18:44 IST

Industrials: Currency impact

Ports, BTG makers and L&T to gain from rupee weakness

Updated: August 24, 2015 11:50 IST

Adani Ports, L&T to gain if rupee falls further; Voltas, Inox Winds among laggards

The Bank of America Merrill Lynch (BofA-ML) revised Indian rupee forecast at an average rate of 64.5 for FY16 and…

August 18, 2015 11:27 IST

Reserve Bank of India to pause on August 4; 50 bps cut likely in early 2016: BofA-ML

The Reserve Bank of India is likely to maintain a status quo on rates in its third bi-monthly policy meet…

July 27, 2015 16:15 IST

Housing sales in Noida lowest in 8 years: BofA-ML

Noida property market witnessed new sales of only about 3,800 homes during the April-June period, lowest in the last eight…

Updated: July 19, 2015 14:35 IST

BofA-ML sees 0.3% Q1 profit growth in Sensex companies

Corporates are expected to report weak earnings for the third consecutive quarter in April-June period, Bank of America-Merrill Lynch (BofA-ML)…

July 9, 2015 07:40 IST

FY17, Gross Domestic Product, BofAML, Bank of America, Merrill Lynch, BRICS, RBI

Rate cuts, not reforms, key to immediate recovery: BofA-ML

Indian markets are “over-rating” the contribution of the pending GST and land acquisition reforms to the growth and it is…

July 7, 2015 18:04 IST

Sensex, Nifty, GST, Sensex today, nifty todya, inflation

BofA-ML retains December BSE Sensex target at 33,000

American brokerage Bank of America-Merrill Lynch (BofA-ML) today retained its BSE Sensex target at 33,000 by December.

May 11, 2015 21:43 IST

Brokerages see scope for 25 bps repo rate cut in June 2 RBI policy meet

BofA-ML said RBI Governor Raghuram Rajan will go in for a 0.25 per cent rate cut at the June 2…

May 5, 2015 18:52 IST

sensex, sensex news, sensex live, BSE Sensex, sensex share price, BSE Sensex opening, bse sensex today, bse sensex history, bse sensex companies, NSE Nifty, NSE Nifty opening, stock market, nifty today, nifty live, stock market news, stock market India, Market today

After base year revision, brokerages see upside in growth estimate

Foreign brokerage firms expect an upside to India’s growth estimates after a revision in the base year…

February 2, 2015 20:49 IST

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Employees enrolment scheme launched

Money7 hr ago

The government has launched the Employees’ Enrolment Scheme 2025 to promote voluntary compliance and extend social security coverage to all eligible employees. The scheme provides a special window for employers to enroll eligible employees who were left out from EPF coverage between July 2017 and October 2025. The window will remain open for six months.

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