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.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Interview with former Reserve Bank of India governor by Duvvuri Subbarao.
Puri has been at the helm of the bank since its inception in 1994.
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.
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
'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.
This comes at a time when competition has increased significantly.
New SDR norms allow promoters to manage debt-laden firms.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances