Since Sanjay Malhotra took office as governor in December, the Reserve Bank of India (RBI) has adopted a more accommodative stance, which bodes well for banking and the economy as they navigate a growth slowdown, according to analysts.
Three designers -- Kanika Goyal, Kriti Tula and Sonal Verma -- showcased their winter collection at Lakme Fashion Week.
The former Miss India Universe walked for Sonal Verma.
We bet you can't take your eyes off her!
Watch out for her stunning entry on the ramp.
The actor walked as a showstopper for designer Sonal Verma.
They are bold, edgy and utterly wearable.
As the Lakme Fashion Week Winter Festive 2017 begins, Rajesh Karkera/Rediff.com captures the chaos backstage.
The recommendations of the 6th Pay Commission, if implemented by the Central government, could result in major negative impact for the fiscal position of the country, though it could be positive for consumption, according to a leading investment banker. The review said assuming the 6th Pay Commission's recommendations were implemented fully, "we judge the impact on the economy should not be as negative this time round". Impact of 5th pay commission was unambiguously negative.
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Analysts caution a non-BJP government is not an impossible scenario. In case of a Modi-led coalition, they advise investors to focus on discretionary consumption, select private banks and financials, RIL, housing, and IT.
In the manufacturing sector, output is expected to decline by about 70 per cent as only food-processing, and drugs and pharma industries are allowed to operate while other segments, such as engineering and metals, have shut operations.
Or do you prefer Malaika Arora Khan's red hot look? Take the poll below and tell us.
The change from wholesale to retail inflation as an anchor means that the weightage of diesel in inflation has decreased
Encouragingly, the recovery also appears to be becoming broad-based
GlowRoad, a business network for homemakers, is helping women who want to earn from home.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.
The panel was set up to suggest ways to reform India's monetary policy.
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