The Budget has stuck to annual increases in agri credit targets.
Industry bodies called for implementation of measures announced in the Budget to arrest inflation, saying these would pave the way for a stable inflation regime.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
"While the risk of a correction goes up in the near term, on a long-term basis the Indian market is on an absolutely strong footing."
Kamath said India's economic climate had started improving.
A day after BRICS (Brazil, Russia, India, China and South Africa) nations agreed on a $100-billion foreign currency reserve pool to tackle the volatile foreign exchange markets, India on Friday said the pool would act as a buffer arrangement, adding it might not withdraw anything from this reserve.
Bullion may settle with limited upside potential
Economist Abheek Barua's insight into the global and domestic economy at the turn of the financial year.
.jpg)
As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015
'The policy is to consolidate farming into the hands of a few and to take away the food security of the country.' 'Once food is in the hands of 15 chosen corporate houses, you will get food, but at a price that they determine.'
Lasalgaon, Pimpalgaon mandis halt auctions to arrest the decline.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
WPI inflation even breached psychological level of 0% in Nov.
The majority in the markets believe that a September lift-off is likely.
The Bank Nifty is high beta anyhow and it could move the broader market.
The agriculture sector is likely to grow in the range of 5.2-5.7 per cent in 2013-14, nearly three times more than the last year as good monsoon has raised the prospects of bumper harvest, a CACP discussion paper said.
Sensex in green, midcaps, smallcaps fail to show up; bluechips rule.
A barrier-free market -- coupled with removal of controls, licensing system, intermediaries and state-imposed levies on farm commodities -- will benefit both sellers and buyers.
As a follow-up to the views expressed by Shashank Manohar soon after being re-elected as BCCI president earlier this month, the Board of Control for Cricket in India is all set to appoint an Ombudsman at its Annual General Meeting which will be held at its headquarters in Mumbai on November 9.
In 2013, the fall in international gold prices was 28 per cent.
The price of export quality lady's finger, for example, shot up 150 per cent in two weeks to close on Thursday at Rs 40 a kg against Rs 16 a kg on September 16 in the Agricultural Produce Marketing Committee, Vashi, near Mumbai.
In a pre-budget meeting with Finance Minister Arun Jaitley, the experts suggested timely implementation of the BJP's election manifesto promises to fix higher support prices. They also favoured a Kissan TV channel, an efficient procurement policy, priority for farm mechanisation and the linking of rivers.
A rate cut will bring positive sentiment around the Budget.
The upcoming July derivatives expiry later in the week would also add some volatility to the market proceedings.
Investors will keenly watch out for the Futures & Options expiry for July on Thursday
The top gainers on the Sensex were Cipla, Bharti Airtel, Maruti Suzuki, Hero Moto & Sesa Sterlite.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
64% of 800 investors polled think it will start this week but weak US data suggest it might not be aggressive.
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
The markets stayed on edge last week due to the endless saga of Greece's problems.
The second half of June could be driven more or less by technical factors triggered by news flow from Greece, the US Federal Reserve and the monsoon. The technical picture seems bearish as of now, says Devangshu Datta.
Congress vice-president Rahul Gandhi has called a meeting of chief ministers of party-ruled states to chalk out the party's strategy in the run-up to the general election. The leaders would focus on setting up of Lokayuktas in a time-bound manner in states and curbing food inflation.
The 30-share Sensex ended down 261 points at 27,177 and the 50-share Nifty ended down 91 points at 8,214.
The concept of gold as an asset capable of getting anytime money is evaporating.
Food and fuel are two perennial areas of concern.
Rangarajan, who was answering questions on onion prices touching Rs 100 per kg in some cities, said the impact on inflation would not last long.
Former India Test batsman Praveen Amre and ex-Karnataka left-arm spinner Raghuram Bhat have been found to be in Conflict of Interest by the Board of Control for Cricket in India's Ombudsman. However, former India skipper Dilip Vengsarkar was cleared of a similar charge.
Former Board of Control for Cricket in India president and eminent lawyer Shashank Manohar was engaged in a proxy war of words with BCCI secretary Sanjay Patel over Tamil Nadu strongman N Srinivasan clinging to the hot seat in the world's richest cricket body.
This has steered a rally in global equities and dollar Index also ticked higher, trading near its four year high.
Surat had bagged the fourth rank under the Smart Cities Mission based on its proposal.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances