Tamil Nadu's finances most stressed, with gross fiscal deficit estimated at Rs 31,830 crore.
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
'Overall, the Indian economy is doing well.' 'Our economic fundamentals are strong and the early signs of recovery are sustainable.' 'This is positive for the market in the long run.'
Never one to mince words, Rajan will walk away with a mixed legacy
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
The proposed Rs 10,000 crore (Rs 100 billion) of bond purchase would be done on Monday.
New SDR norms allow promoters to manage debt-laden firms.
This gains importance in the backdrop of speculation on a second term for Raghuram Rajan.
A number of industrial countries are now resorting to populism and this has its own set of political implications.
While Raghuram Rajan has said in the past that other factors, including domestic fundamentals, outweigh the US Fed policy meet, this time it would be different
Raghuram Rajan's 'surgery' uncovers more bad loans
There is also a lobby within the bureaucracy that wants to see Rajan's influence curtailed
'Access to finance is one of the most crucial needs in the economy.'
Most economists feel the RBI has room for a 25-basis point cut, having met inflation targets comfortably
'Confidentiality needs to be maintained.'
2013 foreign currency non-resident deposits to mature in Sep-Nov
Bankers gave money to Mallya's airline though it was not enough to even service existing debt?
The central bank has, so far, cut its repo rate by 125 bps.
Analysts have started talking about at least a 25 bps cut immediately.
Analysts were expecting the government to propose higher capital infusion for banks.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances