Bank Of America

The inflows offer a first glimpse into deluge of deposits that made its way to the country's largest banks as customers fearful of a spreading crisis sought refuge in the firms seen as too big to fail

Strong US consumer demand and a tight labour market would force the central bank to battle inflation for longer

Kaku Nakhate, President & India Country Head, Bank of America, talks about Union Budget 2023

India could attract close to $10 billion in renewable energy investment in 2023, a bright spot as public markets remain largely shut to big-ticket capital raising, according to Bank of America

Having spent nearly two decades at the country's largest bourse, Ramamurthy is among the early architects of NSE and understands all the cogs of the exchange wheel like only a few others

Global stock funds had inflows of $9.2 billion in the week through October 19, according to a note from the bank citing EPFR Global data.

Morgan Stanley, Citigroup, Bank of America, Abvendus, ICICI Prudential MF were some of the buyers

The loans, which are likely to have a five-year term, are anticipated to be priced 130-150 basis points higher than the Secured Overnight Financing Rate (SOFR), a benchmark rate used around the world

When banks led by Morgan Stanley agreed in April to help finance Elon Musk's purchase of Twitter Inc., they were eager to aid an important client, the richest person in the world

Purohit expects mergers, acquisitions activity in India will continue to be strong, aided by consolidation in consumer facing industries such as financial services, consumer internet-based companies

Tata Sons will raise $500 million in offshore borrowings, backed by Bank of America, SMBC of Japan and Standard Chartered Bank

Global growth expectations, the survey findings suggest, were near all-time lows with a net 72 per cent respondents expecting a weaker economy in 2023

That stance compares with plans by Goldman Sachs Group Inc to cut jobs as early as this month after pausing the annual practice for two years during the pandemic

As cities seek to reduce tailpipe emissions, the move towards electrifying intra-city transport is gathering speed

The country is on course to build more national highways and rail lines during the decade ending 2025 than it has cumulatively done between 1950 and 2015, a report said on Wednesday. The total length of national highways is expected to reach 1.8 lakh kilometres, while that of the railway lines 1.2 lakh kilometres by 2025, Bank of America Securities India said in a report. Between 1950 and 2015, the nation built only 4,000 kilometres of national highways, taking the total length to 77,000 kilometres in 2015. However the highway length is on course to cross 1.8 lakh kilometres by 2025 -- more than double the existing length -- in ten years time. When it comes to the rail network, the nation had only 10,000 kilometres of rail lines in 1950, which rose to 63,000 kilometres in 2015. But it is slated to touch 1.2 lakh kilometres in 2025, the report said. The port capacity which was only 777 MTPA in 1995 rose to 1,911 MTPA in 2015 and is on course to more than double to 3,000 MTPA by 2025

But fears of economic slowdown continued to rise, with 58% of investors anticipating a global economic recession in the next 12 months, up from 47% last month and the highest since May 2020

RBI needs to be fourth buyer in the bond market, says senior executive

Survey shows while inflation is seen falling, mood is stagflationary; recession expectations highest since May 2020; global growth and profits at all-time lows, cash levels highest since 9/11 attacks

Investors slashed their exposure to risk assets to levels not seen even during the global financial crisis in a sign of full capitulation amid a 'dire' economic outlook, says the survey

Wall Street investment bankers, who were neck-deep in deals last year, have seen activity slump in the first half of 2022 amid volatility in the capital markets, geopolitical tensions