This was the near-unanimous replies of 10 market participants.
Prime Minister's key economic advisor C Rangarajan on Friday lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures including further liberalisation of foreign direct investment norms to improve economic condition.
Naval divers on Friday found bodies of three naval personnel from ill-fated submarine INS Sindhurakshak, which exploded and sank at the Mumbai dockyard early Wednesday.
The Indian Navy on Thursday released the names of the 18 crewmen who were present in INS Sindhurakshak, the submarine that exploded on Wednesday.
Eight infrastructure industries have posted a growth rate of 8 per cent for September on account of good performance by crude oil, steel and electricity sectors.
A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation
The central bank had nudged banks to cut lending rates.
'It is obvious that the lakhs who come to see it do not see it through the prism of religion,' says Jyoti Punwani.
The final agriculture GDP numbers for 2016-17 are expected to be revised up, as rabi production is looking really good.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
The sinking of INS Sindhurakshak is the worst accident in India's 47 years of submarine operations history and a big setback to its submarine operations, reports RS Chauhan
The fund allocated for pulses buffer is more than 40% of entire farm ministry's 2016-17 budget.
IDS-2 and raids to uncover black money stash keep receipts flowing
Launching a fresh attack on Defence Minister A K Antony, Narendra Modi on Tuesday charged that the country's defence had suffered seriously during his stewardship and said he owed an explanation to the people for this.
Though it is likely gross domestic capital formation increased in the quarter ended June, against declines in the previous two quarters, a significant revival in investment might take a few quarters more, economists say.
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The agency also warned the government of overshooting the fiscal deficit target at 4.8 per cent due to poor revenue growth and pegged it at 5.2 per cent this fiscal.
Unless supported by investment, any spark of a recovery could be temporary, hint economists.
Union Budget had projected the fiscal deficit at Rs 5.56 lakh crore.
The Indian navy suffered yet another mishap on Friday with gas leakage in an under-construction warship in the Mazagaon Docks here, claiming the life of a Commander and hospitalisation of two dockyard employees.
For PPP projects, clause on consent requirement could be abolished or brought down to 50% of land owners, against the current 70%
In 2012-13, the Centre managed to cut fiscal deficit to 4.9% of GDP, lower than the Budget revised estimates of 5.2%
Experts say the Bill should include higher-value food items than just cereals
The panel was set up to suggest ways to reform India's monetary policy.
It is pegged at 6.8-8% by various economists, as compared to 6.7%.
'The defence minister is stuck in the trivial and frivolous with a clerical mindset merely to prove his so-called 'honesty" overlooking the primary aim of adding sufficient military muscle and firepower to the defence services,' says Bharat Verma.
An Indian Navy submarine caught fire after an explosion and sank in Mumbai late on Tuesday night, with 18 personnel on board, including three officers, feared dead.
'It was almost as though there was widespread relief that the defence bureaucracy, and the minister, could find someone willing to shoulder the blame for everything that had gone wrong with the services under Antony's charge -- the poor preparedness of the forces, slow acquisitions caused by indecision, cancellation of contracts and whimsical blacklisting of defence contractors over the tiniest suspicion that they may have paid speed money or kickbacks.'
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