The International Monetary Fund says India will clock growth of 8.4 per cent in the coming year.
In a bull-case scenario it sees the Sensex at 61,000 levels, while it's bear case scenario pegs the Sensex at 41,000 levels by December 2021.
Fruits, vegetables and eggs continued to witness deflationary trend during January this year, with their prices declining 4.18 per cent, 13.32 per cent and 2.44 per cent, respectively.
'The move towards fiscal consolidation had to be diluted because of the relief to farmers as the government wants to appease the voters.'
Oil sank to the lowest level in a month after shedding all of its gains from the US-Iran clash as traders waited to see whether any further hostilities will disrupt exports from the East Asia.
A look at six indicators shows all of them have collapsed from positive growth in April to contraction in September.
The surge is a stark turnaround from 2013 when the country's current account gap hit a record high due to outflows on expectations the US Fed would rein in its stimulus programme
India's macro finances are getting into good shape.
Softening of global commodity prices might not help much
Meanwhile, for the fortnight ended March 20, deposits grew 11.42% y-o-y.
Slowing inflation prompted the RBI to cut the policy repurchase rate last month by 25 basis points to 6.50 percent, the lowest since 2011.
Officials said good rain in August - though it might not improve acreages much for most crops except urad, moong, and paddy - would help in improving yields in the crops already planted.
India showed revival signs in the March quarter.
Repo rate may well end 2013 at 8 per cent, where it had begun the year.
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
The BJP still does not have a majority in Upper House of Parliament, the Rajya Sabha, and this will pose hurdles to the party's legislative reform agenda
Analysts expect the Reserve bank to cut rates in next monetary policy.
CPI inflation slowed to 9.39% in April compared with 10.39% in March.
The incoming government will have to encourage private investments, bring down cost of capital
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
A gradual weakening of the rupee, however, may add to inflationary pressures.
Critics say Modi scores high on oratory but has delivered on few of his election campaign promises.
Despite inflation easing, experts see RBI maintaining status quo on Dec 2
An expected withdrawal of FIIs from the market likely to weaken the rupee against the dollar.
From parity in 1980, China's economy has outgrown India's fivefold to $10 trillion
Voting for the 2014 general elections will begin in April and it is expected Budget 2014-15 will be presented in June.
Morgan Stanley expects RBI to cut rates sharply rather than "dribble down".
Growth in the third quarter (October-December) is expected to be the weakest in years, with spending hit due to unavailability of enough replacement currency.
'Most likely scenario is Modi comes back with either a much smaller majority and no majority at all and a coalition.' 'Very hard to imagine him doing better than he did last time.' 'He will then be a weaker prime minister,' the author of The Billionaire Raj tells Rediff.com's Vaihayasi Pande Daniel.
The RBI cut rates for third time in 2015 due to favourable economic conditions.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
IDS-2 and raids to uncover black money stash keep receipts flowing
The Reserve Bank of India cut its repo rate by 25 basis points to 6.50 per cent.
This means lower losses on fuel sales by Indian oil companies and a shrinking oil subsidy bill for the government.
RBI's surprise rate cut has revived sentiments of India Inc.
'If India maintains the Constitutional set-up that its founders envisaged -- which is that it is a parliamentary democracy, with a broadly speaking market economy, in which all people are equal as everyone votes, in which the rights of minorities are respected -- that will be a great thing.' 'Not just for India. But for humanity.'
Experts hail Budget 2015 as a progressive, growth oriented one.
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