Bp America

The global financial services major has lowered its GDP number by 30 bps to 7.6 per cent for the next fiscal (2017-18).

The Reserve Bank is expected to maintain a status quo in the upcoming December meet and will go for a 25 bps rate cut each in its February and April policy review meeting, says a Bank of America Merrill Lynch report.

According to global financial services major Bank of America Merrill Lynch investors should not read much into the higher May CPI inflation print at 5.76 per cent as it was entirely drive by higher agricultural inflation.

The Reserve Bank of India is expected to cut key interest rates by 25 bps at its policy review meet on April 5, says a report by Bank of America Merrill Lynch (BofA-ML).

According to the global financial services major, India remains the "most owned" market among the global emerging- market funds by a wide margin as these funds are nearly 420 bps "overweight" on the country.

RBI would get the comfort of meeting its 8 per cent January Consumer Price Index-based inflation target, BofA-ML said, adding that "we expect the RBI to cut 75 bps in 2015 from February with inflation on course to 6 per cent in January 2016".

The United States announced on Thursday an end to its ban on BP obtaining government contracts following the 2010 Deepwater Horizon disaster, the worst oil spill in US history.

After hearing claims that BP Plc put profits above safety in the first day of court testimony over the 2010 Gulf of Mexico disaster, a senior executive for the oil company insisted the blame should be shared.

"Improvement in bank liquidity should pull down lending rates by 50 basis points by March atop the 25-75 bps done," its India economist Indranil Sen Gupta said in a note.

The move will help oil exploration companies which are looking to shale as the latest source of oil and gas.

All along the Gulf Coast, in a tight-knit community that stakes its reputation on the size of the catch, business owners are wrestling with questions of compensation.

In a meeting at the White House on Tuesday, US President Obama and the visiting British Prime Minister, David Cameron, are expected to discuss the furor over BP's lobbying for a prisoner-transfer agreement between Britain and Libya that led to the release of the convicted Lockerbie bomber from a Scottish prison. The prime minister called the releas...

The global financial services major has lowered its GDP number by 30 bps to 7.6 per cent for the next fiscal (2017-18).

The Reserve Bank is expected to maintain a status quo in the upcoming December meet and will go for a 25 bps rate cut each in its February and April policy review meeting, says a Bank of America Merrill Lynch report.

According to global financial services major Bank of America Merrill Lynch investors should not read much into the higher May CPI inflation print at 5.76 per cent as it was entirely drive by higher agricultural inflation.

The Reserve Bank of India is expected to cut key interest rates by 25 bps at its policy review meet on April 5, says a report by Bank of America Merrill Lynch (BofA-ML).

According to the global financial services major, India remains the "most owned" market among the global emerging- market funds by a wide margin as these funds are nearly 420 bps "overweight" on the country.

RBI would get the comfort of meeting its 8 per cent January Consumer Price Index-based inflation target, BofA-ML said, adding that "we expect the RBI to cut 75 bps in 2015 from February with inflation on course to 6 per cent in January 2016".

The United States announced on Thursday an end to its ban on BP obtaining government contracts following the 2010 Deepwater Horizon disaster, the worst oil spill in US history.

After hearing claims that BP Plc put profits above safety in the first day of court testimony over the 2010 Gulf of Mexico disaster, a senior executive for the oil company insisted the blame should be shared.

"Improvement in bank liquidity should pull down lending rates by 50 basis points by March atop the 25-75 bps done," its India economist Indranil Sen Gupta said in a note.

The move will help oil exploration companies which are looking to shale as the latest source of oil and gas.

All along the Gulf Coast, in a tight-knit community that stakes its reputation on the size of the catch, business owners are wrestling with questions of compensation.

In a meeting at the White House on Tuesday, US President Obama and the visiting British Prime Minister, David Cameron, are expected to discuss the furor over BP's lobbying for a prisoner-transfer agreement between Britain and Libya that led to the release of the convicted Lockerbie bomber from a Scottish prison. The prime minister called the releas...