Bank Of America Merrill Lynch

Brewing giant AB InBev seeks to raise $9.8 bn for Asia unit in world's largest IPO this year; deal to be a welcome boost to Hong Kong

AB InBev has previously said an IPO of its Asia business could help create a brewing champion for the region such as Budweiser or Corona.

RBI Monetary Policy 2019 Updates: Nifty around 11,900, Sensex down by 300 points as central bank cuts repo rate by 25 bps to 5.75%

Slashing benchmark lending rates for the third time this year, RBI cut its repo rate by 0.25 per cent Thursday and said its future monetary policy stance will be more accommodative.

Former governor Bimal Jalan panel on RBI's Economic Capital Framework to submit report next month

The six-member Jalan panel was appointed on December 26, 2018 to review the Economic Capital Framework for the RBI

Oil slips from five-month high as sluggish economic outlook counters tight market, Brent futures at strongest level

Despite the economic concerns, global oil markets are tight, and Brent and WTI crude oil futures have risen by 40% and 30% respectively since the start of the year.

RBI cuts repo rate by 25 bps: Analysts expect another reduction in June on growth concerns, lower inflation forecast

A reduction in June will make it three cuts in a row, after the second consecutive interest cut of 25 bps effected earlier in the day after a similar move in February.

Government can fund cash dole-outs with bonds or higher taxes: Report

The study comes amid a rash of UBI-like promises being made ahead of the general elections beginning 11 April through 19 May

Crude oil prices hover close to 2019 highs on OPEC output cuts, US sanctions against Iran and Venezuela

Brent crude oil futures were up 20 cents at $67.74 per barrel, also close to this year’s peak of $68.14 marked late last week.

Oil prices fall as China trims 2019 economic growth target; OPEC-led efforts to cut output offer support

The US West Texas Intermediate (WTI) crude oil futures were at $56.28 per barrel at 0426 GMT, down 31 cents, or 0.6 percent, from their last settlement.

Budget 2019: Govt set to miss fiscal deficit target by a full 40 bps, says Bank of America Merrill Lynch report

The government is set to breach the fiscal deficit target yet again by 40 bps for 2018-19, and raise the target to 3.5 percent for next fiscal in the forthcoming budget that may be skewed towards the rural economy, says a foreign brokerage report

RBI may cut rates by 0.25% in February or April policy review: Bank of America Merrill Lynch report

"We expect the RBI MPC (monetary policy committee) to roll back at least 0.25 percent of the 0.50 percent rate hike, in February or April," the American brokerage said