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Bank Of America Merill Lynch

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Istithmar sells over 6% share in SpiceJet

Dubai-based Istithmar has sold over six per cent stake in SpiceJet, India's second-largest low-cost carrier. The investment arm of Dubai World sold its shares to investors after having converted......

BofA-ML trims India's GDP forecast again to 5.8%

Bank of America Merill Lynch on Monday lowered India's GDP growth projection yet again, saying the economy will expand at 5.8 per cent during the current fiscal in view of tight liquidity and slow......

Will RBI cut rates in April?

Analysts at Bank of America Merill Lynch said that fears of inflation getting "generalised" are overdone, as only two sub-categories of fuel and light and housing (accounting for 22 per cent......

'Profit of Sensex firms likely to fall 3.7% in Q2'

Among Sensex companies, banks like HDFC Bank, SBI, Axis Bank are expected to lead the earnings growth. Mirroring previous three quarters, capital markets is likely to see tepid earnings for the......

RBI may deliver final rate cut in December: BofA-ML

The imported inflation component is also expected to ebb on lower oil prices and softer US dollar, it said. The Reserve Bank will pause at the next policy review and go in for a final 0.25 per......

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