The June-September monsoon has so far delivered 1 per cent higher rainfall than average
As the clean-up has taken hold, loan growth slipped to 10.7 per cent in the last fiscal
Raghuram Rajan joked he wasn't expecting to win any votes or Facebook 'likes' in the position.
As with TCS, most companies put their money in mutual funds, corporate bonds and bank deposits, which are losing their appeal versus government bonds in terms of both returns and safety.
Prices are likely to rise further as demand grows in coming months due to festivals
After months of denying there was a liquidity problem, Governor Raghuram Rajan has reversed course.
Farmer suicides have nearly doubled in the drought-hit Marathwada region of Maharashtra.
Modi's irrigation push in the Budget is aimed at scoring on the political front along with achieving growth targets
Three policymakers aware of the central bank's deliberations on the Budget said they are combing through the numbers to test how Jaitley struck a balance, and question some of the assumptions.
Markets hope the Budget will steer spending towards infrastructure.
RBI Governor Raghuram Rajan wanted to improve training for staff, through initiatives such as sending them to other central banks for short stints.
India made it mandatory for customers to disclose their tax code, or Permanent Account Number (PAN), for purchases above Rs 200,000.
Citizens are encouraged to deposit jewellery, bars or coins with banks so it can be refined to meet fresh demand and cut the need for imports
Urjit Patel's reappointment will raise market hopes that Rajan, will also be offered an extension when his tenure ends in September.
Prime Minister Narendra Modi launched a scheme to tap a pool of over 20,000 tonnes of gold held by households and temples.
A dedicated physical gold exchange could lead to standard gold pricing in India.
RBI's tricky strategy to ease market's pre-Fed jitters.
India's overall retail inflation eased to 4.41 per cent in September, helped by falling commodity prices, but rural inflation was at 5.05 per cent
Rising tensions over eating beef in Hindu-majority India are starting to hit the multi-billion dollar buffalo meat trade.
Festive demand for gold in India got off to a tepid start, with local prices still at a heavy discount to the global benchmark, a bad sign for a period when buying is typically strong.
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