ECB liquidity drive to offset Fed tapering impact: BofA-ML
Foreign brokerage Bank of America-Merrill Lynch (BofA-ML) Friday said ECB's over USD 1 trillion injection will support investor inflows into the country and the Reserve Bank will use the same to recoup forex reserves.
Jan 23, 2015, 20:28 PM IST
2015 to see lower rates to support growth; 1st cut in Feb: BofA
According to BofA-ML, the INR would appreciate when the RBI cuts rates and its forex strategist with rupee likely to trade at Rs 62/USD levels in March 2015.
Jan 06, 2015, 15:20 PM IST
Analysts see FY15 CAD at 1.4% on further likely fall in crude
Analysts have allayed fears of widening current account deficit, which is 2.1 percent of GDP for the July-September period, and pegged it in the range of 1.4 to 1.8 percent for the full 2014-15 fiscal due to falling crude oil prices.
Dec 09, 2014, 17:27 PM IST
RBI to cut rates by 0.75% in 2015, starting Feb: BofA-ML
The Reserve Bank is likely to cut rates beginning February as inflation is expected to reach the targetted 8 percent by next January, says a Bank of America Merrill Lynch report.
Oct 08, 2014, 16:04 PM IST
USD/INR likely to end 2014 at 61 despite strong USD: BofA-ML
According to the global financial services major, the USD/ INR is likely to end the year at 61 despite a strong USD. It has also revised its end-2015 forecast to 60 after factoring in a stronger balance of payments (BoP).
Sep 23, 2014, 17:00 PM IST
BofA-ML sees India's current fiscal CAD down at 1.7%
India's current account deficit (CAD) is likely to narrow down to 1.7 percent of GDP this fiscal but may widen to 2.3 percent in FY16, says a report.
Sep 22, 2014, 19:33 PM IST
Sensex, corp earnings set to double in 4 years: BofA-ML
The Indian benchmark Sensex is the best performing index among major global markets so far this year and this as well as corporate earnings are expected to double over the next four years, a Bank of America Merrill Lynch report says.
Sep 01, 2014, 18:20 PM IST
June quarter GDP to be at 6%; FY15 GDP at 5.4%: BofA-ML
India's GDP growth rate in the first quarter of this fiscal year is likely to be around 6 percent up from 4.6 percent in March, driven up by higher industrial growth, a Bank of America Merrill Lynch report says.
Aug 21, 2014, 17:59 PM IST
