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Railways May Miss Rs 1 Lakh Crore Capex Target in FY16: BofA
The Ministry of Railways is likely to miss its "ambitious" capital expenditure target of Rs 1 lakh crore for the current fiscal year, according to a report by Bank of America-Merill Lynch (BofA-ML).
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Analysts Lift Growth Target, SBI Sees GDP Clipping at 5.8 Per Cent
After release of official data pointing to a surge in growth during the first quarter, analysts, led by the chief economic advisor at State Bank of India (SBI), on Monday upgraded their GDP estimates.
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BofA-ML expects RBI to buy dollars once rupee stabilises at 62 levels
Foreign brokerage Bank of America-Merill Lynch said the Reserve Bank may start buying dollars once the rupee stabilises at the 62 level, to bolster the import cover to the traditional 8-10 months.
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Banks may mop up $5 billion from NRI fund swap facility: SBI report
Yesterday, analysts from global financial majors like Morgan Stanley and Bank of America-Merill Lynch had projected that lenders would be able to garner up to $10 billion through this route.
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Railways May Miss Rs 1 Lakh Crore Capex Target in FY16: BofA
The Ministry of Railways is likely to miss its "ambitious" capital expenditure target of Rs 1 lakh crore for the current fiscal year, according to a report by Bank of America-Merill Lynch (BofA-ML).
-
Analysts Lift Growth Target, SBI Sees GDP Clipping at 5.8 Per Cent
After release of official data pointing to a surge in growth during the first quarter, analysts, led by the chief economic advisor at State Bank of India (SBI), on Monday upgraded their GDP estimates.
-
BofA-ML expects RBI to buy dollars once rupee stabilises at 62 levels
Foreign brokerage Bank of America-Merill Lynch said the Reserve Bank may start buying dollars once the rupee stabilises at the 62 level, to bolster the import cover to the traditional 8-10 months.
-
Banks may mop up $5 billion from NRI fund swap facility: SBI report
Yesterday, analysts from global financial majors like Morgan Stanley and Bank of America-Merill Lynch had projected that lenders would be able to garner up to $10 billion through this route.
