People in India haven't seen what happens if the environment gets sour, the Softbank vice-chairman said.
The rupee had earlier this month touched a life time low of 61.21 to a dollar.
The flawed response to the crisis has fed a us-vs-them mentality in which the banker, the expert, the coastal entrepreneur, the immigrant, the foreigner are all villains. The crisis was not that much of a problem; the response -- the over-reaction, the sovereign debt build-up and the lasting anger -- is the problem, says Mihir S Sharma.
How investors can tweak their fixed income investments to earn more in the current environment.
A possible US-led war against oil-rich Iraq is likely to have a limited impact on Indian interest rates and inflation, central bank governor Bimal Jalan said
Reserve Bank of India chief Bimal Jalan said on Friday he was not considering a cut in the short-term repo rate, but added he was in favour of a soft monetary policy bias.\n\n\n\n
Any revision in loan rates would be visible next month.
The previous high was in February this year when investment in the sector rose to Rs 28,784 crore or Rs 287.84 billion.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A bit of good news is that it has already mopped up $19 billion in forwards in May.
Congestion on Mumbai roads has become chronic.
Funds made investments worth Rs 64,602 crore (Rs 646.02 billion) in the debt market during June, higher than Rs 26,840 crore (Rs 268.4 billion) in May, as per the latest data available with market regulator Sebi.
New retirement schemes from MFs offer Section 80C benefit but locks in your money for five years
Here is some background on the candidates seen as potential successors to Rajan at the RBI
The rupee depreciated further by 7 paise to 65.12.
The RBI has targeted 6 per cent inflation by January and 4 per cent by March 2018.
Fund managers will be given more flexibility to invest in corporate bonds.
Markets will remain closed today on account of voting for the general elections in Mumbai constituencies.
Emphasising that revival of growth should be the number one priority of the RBI at this time, industry groups said apprehensions about inflation rearing its head again may prove to be misplaced.
Trouble at a single bank among the top five most connected lenders could wipe out nearly 50% of Tier I capital
The bank's base rate currently stands at 10 per cent and the last movement in it was in November last year, when it was hiked by 0.20 per cent.
Over the past few months, macro parameters have improved.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
Investors pumped in more than Rs 37,000 crore (Rs 370 billion) in various mutual fund schemes in May taking the total funds mobilisation during the first two months of the current fiscal to Rs 1.44 lakh crore.
The Labour Ministry has relaxed investment norms for retirement fund manager EPFO, but refrained from allowing the body to invest a part of its huge corpus of around Rs 5 lakh crore in equity markets.
The market believes there will soon be another offer to buy the bonds.
The MF Industry had a cash-rich 2014 as it crossed the Rs 3 trillion mark.
Ask your HR department for details about the fund, trustees and returns
RBI's steps will prevent rupee from slipping, even if OMCs meet entire $ demand from market
The labour ministry has notified the more flexible investment pattern of 2008 for the Employees Provident Fund Organisation (EPFO), but minus its provision for investment in equity.
Goldman Sachs downgraded its rating on Indian stocks to 'underweight'.
As liquid tightening measures were likely to be temporary, any change in lending rates would depend on the length of these measures, according to bankers.