From parity in 1980, China's economy has outgrown India's fivefold to $10 trillion
The RBI cut the rate several times last year to reduce it by 125 basis points to the current 6.75 percent.
India should not loosen its fiscal deficit targets in the forthcoming budget, Prime Minister Narendra Modi's top economic adviser Arvind Panagariya said.
The contract would give a big boost to India's $150 billion nuclear power programme, and a broader push to curb greenhouse gas emissions.
The Indian government will present the annual budget for 2016-17 on February 29.
Retail food inflation in December came in at 6.40 per cent.
Yuan's fall would worsen India's trade deficit with China.
Urjit Patel's reappointment will raise market hopes that Rajan, will also be offered an extension when his tenure ends in September.
Critics say the programme, launched 10 months ago in India in collaboration with operator Reliance Communications, violates principles of net neutrality
Fiscal outlook to be little bit challenging next year: CEA
Trade ministers from 162 WTO countries will gather in Kenya's capital from Dec. 15-18 to work on an agreement to liberalise global trade.
RBI may hold rates steady as economic parametes are going strong, say experts.
Only 400 grams have been deposited so far.
The Reserve Bank of India Governor Raghuram Rajan said bringing down inflation would help stabilise the rupee.
The tax would create a single market in India for the first time.
Corporate tax is likely to be cut to 24%.
After making a larger-than-expected cut of 50 basis points on September 29, Rajan urged the federal government to do its bit to accelerate growth through structural reforms.
PM said he admires German leadership in clean energy and commitment to combating climate change.
India and Germany signed a deal on Monday to fast-track business approvals.
The government is aiming for an 8-10 per cent annual economic growth.
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