Analysts have started talking about at least a 25 bps cut immediately.
'Modi has entered blunderland as he does not understand the army. He has actually meddled with the army, which is much more damaging than the ignorance of Sonia Gandhi and Manmohan Singh.' 'People had an impression that the BJP was different. Now it has been made very, very, plain that it is not.' 'Look at the contrast in the behaviour of the prime minister. When they burnt buses in Gujarat for an unjust demand, the prime minister addressed them in Gujarati while the army veterans were on relay hunger strike for the 74th day on that day, but no word on this from the PM.'
Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years
'Too much energy these three years has been invested in turning the party into an election-winning machine.' 'To recover its mojo, the Modi government needs a more impressive set of economic figures to flaunt,' says Shekhar Gupta.
One might wonder what's wrong if one were to get the best of both worlds by buying one product. There are basically two problems... cautions Rajiv Raj
Limited IT staff may compel them to focus on big fish than small depositors.
The Left unions want concrete action and not just 'assurances'.
Stepping in to pacify agitating ex-servicemen over the 'One Rank One Pension' issue, Prime Minister's Office on Tuesday held talks with representatives of the protesters who have agreed not to escalate their agitation for next 10 days.
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
With the Sensex again nearing 28,000 points, investors can make good returns with a one-two year horizon.
More than 24 years later, case of wilful absence has finally been proven against the bureaucrat.
Instead of ramming through change, Mr Parrikar has tied his own hands by placing reform at the mercy of numerous committees, says Ajai Shukla.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
'The Chinese devalued the yuan initially but then stopped'.
Governor's statements will be weighed to gauge confidence level.
RBI has, since January, cut its policy rate four times.
Indices reversed all its losses during late trades.
IDS-2 and raids to uncover black money stash keep receipts flowing
The derivatives expiry on Thursday is also expected to add to the volatility.
The initiatives intended to benefit the common man include e-ticketing, catering on demand, bio-toilets, food for infants, better stations.
Moody's listed six agenda on the list of pending reforms -- land acquisition Bill, labour law reforms, significant infrastructure investment, tangible benefit from Make in India initiative, tax administration and PSU bank reforms
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
Post-Jayalalithaa AIADMK cannot take on the Narendra Modi dispensation like their late charismatic leader did it on several occasions in the past, says R Ramasubramanian.
Outlining the Budget estimates for the coming year, the Railway Minister Suresh Prabhu put the plan size at Rs 1.21 lakh crore.
Lakhs of students appear for it every year. How are you preparing for it?
India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.
The next general election is more than three years away. Yet, the Centre appears to be reluctant to take any bold move that might annoy influential sections of the electorate.
The country saw two straight years of deficient monsoons.
Excise exemptions may be whittled in Budget to offset higher govt salaries, pensions
There will very little direct impact from the US Fed's rate hike this time, as we are well prepared both to handle liquidity, outflow of FII funds and managing our currency. But that doesn't mean India will be out of the woods anytime soon, says M V Subramanian.
The manifesto, on the lines of the party's promise in Delhi in 2015, also says the AAP government will set up Aam Aadmi canteens at sub-division and district levels where one time meal will be available for Rs 5, and reduce the power tariff to half for usages up to 400 unit.
RJD president Lalu Prasad on Thursday said Railway Budget has cheated people as it has nothing to offer.
'We hope there shall be more focus on existing projects and their completion rather than new projects.' 'Any new project announcements should be largely for decongesting the existing lines rather than new lines.'
A divided house until recently, Congress is putting up a spirited campaign to checkmate BJP in its erstwhile stronghold of Naxal-dominated Bastar region of Chhattisgarh where the ruling party hopes to cash on its developmental agenda coupled with Chief Minister Raman Singh's clean image in the Assembly elections.
'No one needs to lose sleep if a person with better operational credentials supersedes lesser endowed peers,' says Group Captain Murli Menon (retd).
Incentives for industries have been rolled back and teachers have gone without salary for months as the state grapples with the after-effects of the ban
Fiscal situation better but spending cuts likely in FY16 too.
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