Progress on monsoons along with favourable base effect in 2HFY2017 continues to point towards RBI achieving its near 5 per cent inflation target by the year-end
The stress in the banking sector, which mirrors the stress in the corporate sector, has to be dealt with in order to revive credit growth.
Here is some background on the candidates seen as potential successors to Rajan at the RBI
Rajan said India's good economic fundamentals would allow it to overcome any 'sharp corrections' in global markets
RBI promises to take all necessary steps, including liquidity support
Rajan said the central bank has used up all its "space available" to cut interest rates
Anandabazar Patrika reported that Rajan would prefer to go back to the United States after his three-year term expires in early September
Lenders have reported a surge in their bad loans in the six months to March after an asset quality review ordered by the central bank.
The trip was more about understanding the Indian market, but was also about signaling to the world that Apple has arrived in India
Cook meets the 65-year old prime minister in New Delhi on Saturday, and will be hoping Modi's enthusiasm for phones can help Apple as it tries to bolster sales in India.
Apple is also expected to announce plans for a startup accelerator in India to work more closely with the Indian developer community that works on the company's iOS and OS X software platforms
Cook's visit, following a trip to China, comes at a crucial time as Apple looks for new growth markets after posting its first ever decline in iPhone sales
The draft guidelines include a move to allow large industrial companies to buy up to 10 per cent stakes in new lenders
The profit boost for studios will in large part be driven by the rush for local-language content from platforms like Netflix Inc
Samsung recently introduced its "S bike" mode, a feature targeted at India's legions of motorbike riders that, when activated, notifies callers that the phone's owner is riding and cannot answer
Internal management tensions, stiff opposition from Chinese handset makers led to halving of the company's market share
The country holds one of the biggest opportunities for Uber as more Indians start using smartphones
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States.