As per the Economic Survey for 2013-14, India's gross domestic product growth rate will improve to 5.4-5.9 per cent in the current fiscal after remaining at sub-5 per cent level for past two years.
The decision to deregulate the diesel prices is expected to bring the oil subsidy down Rs 15,000 crore (Rs 150 billion), the agency said, adding the ongoing correction in global crude prices will also result in sizable gains for the government.
The country's narrowing power deficit and increased coal production may not be indicators of the end of stress in the industry. Amritha Pillay reports.
'A broad-based revival of private sector investment was likely in 2018-19 after businesses had successfully made the switch to the GST.'
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
Market experts see interest in Indian equities given the strong economic growth, robust earnings and rising domestic consumption.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
Indian retail investors continue to sell gold ETFs.
The rupee was largely rangebound for most of the trading day in the absence of any major cues ahead of the Reserve Bank of India's rate-setting meeting next week.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
Global credit rating agency Fitch upgraded outlook for the Indian telecom sector from 'negative' to 'stable'.
The country's merchandise deficit narrowed to $9.2 billion in November, but exports growth eased to 5.9 percent from 13.5 percent in October, government data showed.
India's annual industrial output grew at a slower-than-expected pace of 3.6 percent in September.
The SBI auction will be the biggest nationwide online sale.
Balmer Lawrie Van Leer Ltd said Fitch India Ratings has awarded F1 to the company for raising of short term funds through a Rs 50-million commercial paper.
Prabhu's maiden Railway budget is high on vision.
Stock prices is due to valuation expansion
Rupee, bonds may see knee-jerk reaction, as Urjit Patel is considered an inflation warrior
The manufacturing sector, which accounts for over 75 per cent of the index, declined by 2.4 per cent against a growth of 4.1 per cent in December 2014.
The over-recovery on diesel for such companies reached Rs 3.56 a litre for the first fortnight of October.
Inflation has seen some moderation in the recent past, falling from double-digit figures in 2013 to 7.8 per cent year-on-year in August.
Markets are poised for excellent growth, provided reforms continue to roll
Softening of global commodity prices might not help much
Early results show that Star's hot property has seen its all-India rating slip from 2.7 on Day 1 to 1.8 on Day 3, according to aMap, which measures all-India audience ratings covering more than 1 lakh towns.
Benchmark rate for new loans to be lower by 80-90 bps from Friday; move could increase competition but hit commercial papers.
This analysis is based on the quarterly earnings for 724 companies.
Frequent balance transfer in search of a lower rate can be tricky for borrowers, if property prices fall
Since most Indian firms have kept their forex exposure unhedged, credit profile of companies in the highly sensitive sectors such as oil & gas, metal & mining, airlines could weaken substantially, says Anup Roy.
Risk-averse investors can hold up to 10 per cent of their portfolio in gold, while aggressive ones can keep five per cent.
According to World Gold Council (WGC), gold jewellery demand in India, the world's largest consumer, touched record 662.1 tonnes in 2014.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
India's economy grew at a two-year high of 5.7 per cent in the first quarter of this financial year, after a below-five per cent growth in 2012-13 and 2013-14.
Central bank sees action as discriminatory, unfair
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
Bandra-Worli sea link has still not been able to make money for MMRDA in spite of steep toll for car owners.
The 341-run defeat to Pakistan in the third Test cut India's rating points from 115 to 111 and placed them below second-placed England, with 113 points.
ICICI Bank has the largest proportion of SDR loans as a percentage of its total, followed by state-run United Bank of India and Canara Bank.
It makes sense to wait for govt schemes such as gold bonds.
