Price rise in services sector after the goods and services tax (GST) gets implemented and the pay hike of central government employees will make inflation control a tough job for the central bank
RBI is expected to discuss about the impact of GST in its monetary policy.
In India, bond yields have fallen nearly 70 basis points in the last one year.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%
Tata Steel (then Tata Iron and Steel), the most valuable index company in 1991, is now the least valuable.
Interview with former Reserve Bank of India governor by Duvvuri Subbarao.
Government-owned companies are more generous in rewarding their shareholders with dividends.
Most of the index heavyweights are yet to declare their results.
Analysts, however, said the timing of the infusion was good.
A strong currency helps in fighting some of the import-led inflation.
According to Subbarao, the pressure on the currency was inevitable.
Subsequent data revisions revealed that growth had not slowed that sharply.
In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy.
Shares of most European banks are down significantly.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
If money allocations, investment commitments are a sign of better things to come, the state can be optimistic.
Banks had raised about $34 billion through the FCNR (B) from deposits from NRIs in September 2013.
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
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