In 2015, the Reserve Bank of India cut interest rates by 125 basis points to 6.75 per cent.
The upbeat earnings from Reliance Industries will set the tone for the truncated week ahead
'Everyone confuses GDP to be a measure of output, when it is actually a measure of income.'
Fiscal situation better but spending cuts likely in FY16 too.
For 20 years, the stock market headed nowhere, and this has created permanent aversion.
Some analysts argue that Beijing has been too cautious in lowering rates and freeing up cash in the banking system, keeping real interest rates too high given low returns on investment.
Images from Day 5 of the US Open in New York on Friday
Supported by slightly stronger global growth, improving export competitiveness and implementation of recently approved investment projects, India's growth is expected to recover from 4.4 per cent in 2013 to 5.4 per cent in 2014, the IMF said.
For India, it is business as usual with the government muddling along.
Arthur J Pais, who has covered the Toronto International Film Festival for Rediff.com for 13 years, glances at the buzz-worthy movies at TIFF 2014.
The non-oil, non-finance sector of the economy is under severe stress.
Laughter was a component of Parmeshar Godrej's large-hearted Punjabi spirit, recalls Sunil Sethi.
Euro-zone growth could improve because of (a) reduced pace of fiscal tightening and (b) stronger exports, but weak domestic demand and a fragile banking system could increase deflation risks that could force the European Central Bank to turn further accommodative.
Sales expansion also down 4.4%
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
India must reckon with the possibility that it will struggle to attract higher overseas investment.
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
The year 2015 may well turn out to be a watershed in global macroeconomic adjustment.
Veteran Drogba showed that he still has a lot of steam in him as he scored in Chelsea's win over Spurs, while Aguero continued to top the goal-scorers' list this season, finding the net for City. Images from the EPL matches played across England on Wednesday.
'When a soldier becomes a king, he better be a king. He should now just forget the past and move beyond continuity. He should catch the potential of India's moment and play a leader's role,' says Vallabh Bhansali of Enam Group.
Japan's economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election half-way through his term.
Fresh investments are constrained by tepid demand.
For now, the upside appears to offset damage done to exports by weaker global demand.
Signs of a strong pickup in hiring by companies are adding to the rosier outlook for Indian households.
'Chinese real GDP growth is 7.1% and India's is 7.4%'.
One has to wonder what is so wrong with the European Union.
'The big elephant in the room is our misguided view about the rupee.' 'India is scared that if our currency appreciates, who will buy from us. But a breakout is inevitable.'
A clinical all-round display by the Northern Districts helped them crush Lahore Lions by a whopping 72 runs to all but ensure their entry into the main round of the Champions League T20 in Raipur.
Even US equities are now back to end-2014 levels.
2016 is difficult to predict, and this uncertainty will drive volatility in global markets.
Iron-willed Czech Tomas Berdych ended eight years of tyranny under nemesis Rafa Nadal to storm into the Australian Open semi-finals on Tuesday before his next opponent Andy Murray restored British colonial rule to the floodlit centre court.
The Fed has prepared the world very well for a rate hike. In fact the market may have priced in a 25 basis points increase. So if the increase is 50 basis points, the reaction could be stunning, but a 25 basis points rise is not likely to have any great impact, says P V Subramanyam.
Inflation is down and there's every chance that crude prices will be subdued through the next year.
Economists expect Modi to announce big-bang reforms.
Having decimated South Africa inside three days on a turning track in Mohali, India will again look to unleash their troika of spinners to spoil A B de Villiers's landmark 100th match when the two sides meet in the second Test, in Bangalore, on Saturday.
South Africans take the top 3 slots in Most Valuable Player Index.
Troubles for the beleaguered Chief Minister of Rajasthan Vasundhara Raje mounted on Friday with the disclosure that she was the beneficiary of investments of over Rs 11 crore made by tainted IPL ex-commissioner Lalit Modi in her son's company at a high premium.
By piling more pressure on governments, central banks risk not accomplishing much and yet provoking a political backlash that could threaten their independence.
Each time they held the leafy bedsheet over the window for a few seconds, a clearer but very grey visage of Indrani came into view. In the barely discernible image, Indrani seemed to look tired and downbeat. But then the bedsheet would be taken away and Indrani would disappear into the darkness once more.
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