The BofA-ML report says the Reserve Bank of India (RBI) is expected to go for a 25 basis points rate cut in key rates in its policy review meet in August following a normal monsoon forecast by IMD
1 min read18 Apr 2018The chart, taken from a BofA ML research report, shows the steady downward revisions in aggregate earnings per share estimates of BSE companies
1 min read12 Apr 2017Demonetisation will hurt production in November-December, says BofA-ML
1 min read13 Dec 2016The growth is likely to be driven mainly by India (16%) and China (20%), says a BofA-mL report
2 min read8 Sep 2015The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared