Experts say Indian students will have to accept that international space for them is shrinking.
The drop in headline inflation to a 40-month low of 5.96 per cent for March has increased the possibility of a rate cut by the Reserve Bank at its May 3 annual policy, analysts and rating agencies said.
The size of the GDP in the second quarter of 2018-19 is estimated at Rs 33.98 lakh crore, as against Rs 31.72 lakh crore a year ago
The rupee's fall against the dollar is bad news for companies which have increased their exposure to foreign currency loans in recent years.
Even as Standard & Poor's and Fitch have warned India's sovereign ratings could be cut to junk level, the government's chief economic advisor, Raghuram Rajan, says there is no point in grudging that India's ratings are on a par with debt-ridden European nations.
Fitch had last upgraded India's sovereign rating from BB+ to BBB- with a stable outlook on August 1, 2006.
It is a Budget 'high on promises but low on design,' the agency said.
The global ratings agency, however, cautioned that high debt burden remains a constraint on the country's credit profile.
Gold is currently trading at Rs 25,200 for 10 grams.
BofA Merrill also upgrades its price objectives for private banks, retaining ICICI Bank Ltd as its top pick, and HDFC Bank Ltd and Axis Bank Ltd as its 'preferred' names.
The auto component sector grew at 5-6 per cent last year against a 13 per cent growth in 2012.
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The agency has kept its FY15 growth forecast unchanged at 5.6 per cent.
The RBI, in its last policy statement, had mentioned that 'headroom for further monetary easing remains quite limited' due to risks on account of the current account, and pressures on inflation.
Central bank moves to infuse liquidity into bond market to help boost sentiment.
Standard and Poor's had in April lowered India's rating outlook to negative from stable.
Indian bourses made a dramatic turnaround after a meltdown in 2011, leaving behind strong optimism about a bullish 2013 in hopes of Reserve Bank of India rate cut, hefty capital inflows, a recovery in global economy and excellent earnings growth in the third quarter of 2012-13.
Dubs Modi government a "one trick horse" which will make the Hindu-Muslim issue the dominant one in political discourse; asks Opposition to field one candidate in every seat against BJP nominee in 2019 polls.
Weakness of dollar in the overseas market also boosted the rupee value against the dollar.
After banks, it is now the turn of non-banking finance companies (NBFC) to see a spike in loan defaults and provisioning for non-performing assets ( NPAs ).
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
RBI will now increasingly shift focus to domestic parameters
'It is a worrying trend as we are not seeing too much fresh capital being raised for new projects, plants, expansion or diversification. It's just private equity or venture capital or promoters cashing out.'
Why unemployment figures in India mean little.
The MSME sector, which is employment-intensive, accounts for 45 per cent of the country's manufacturing, 40 per cent of exports and nearly 8 per cent of gross domestic product.
The revised salaries of central government employees are likely to be paid from July 1, 2016.
'The reason is that you may not enter the branch but you want to see it near you as it establishes trust.'
Advertisement revenues will go up in 2016-17 with automobiles and e-commerce being big contributors.
The rupee had closed at 64.83 last Friday.
Indian companies struggle to escape debt burden as profit slows.
If the industrial sector expanded, growth rate is likely to rise in the remaining quarters to reach 7.6-7.8 per cent for 2017-18.
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
The lowered outlook jeopardises India's long-term rating of BBB-, which is the lowest investment grade rating. S&P has threatened to downgrade India's rating in next 2 years if the fiscal situation does not improve.
If the entire amount of Rs 24,000 crore is raised, then it would be the biggest fundraising exercise by any Indian company ever.
Pegs 2012-13 GDP growth at 7%, says turnaround of the economy likely, rules out fiscal stimulus to revive growth prospects
India Inc has an impressive report card to show for the first quarter of this financial year.
The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.
Between Friday's and Monday's close: Yields on 10-year bonds up 6 basis points, rupee slides 13 paise against dollar, Sensex ends flat
The broad contours of their assignment are expected to be making independent assessment of recovery prospects, and estimating haircuts for restructuring cases.
In five years, per-employee revenue for IT companies grew at 9 per cent each year.
Crisis of growth is worsened by the challenging global environment and policy missteps. Returning to 9 per cent growth trajectory will be a tall order.
