People in India are increasingly shying away from taking bank loans on account of economic slowdown and scepticism arising out of job uncertainty.
Adopting a wait- and-watch approach ahead of US Fed meeting
The Central bank primarily factors Consumer Price Index while deciding on policy rate.
Add a term plan with a child mutual fund for best results.
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Raghuram Rajan, who took over as RBI Governor on September 4, is scheduled to unveil on Friday mid-quarter monetary policy review, an event keenly awaited by industry and banks.
India's annual industrial output grew at a slower-than-expected pace of 3.6 percent in September.
Dismayed by the BJP's decision to say no to FDI in multi-brand retail in its election manifesto, India Inc has urged the party to reconsider its stand, saying the move may send a wrong signal to overseas investors.
With crude and commodity prices ebbing and the twin deficits under check, the Reserve Bank should have cut the key policy rate to push investments and boost economic growth, India Inc said.
India Inc on Friday said Prime Minister Manmohan Singh's assertion that the government will not impose capital controls, although reassuring to investors, must be supplemented with tough reform measures.
India is devoting itself to promoting a strategy of diversifying its energy sources.
Modi has set a target of generating 100 Gw of solar power by 2022.
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To focus on molecules at advanced stage of development; move to impact 200 scientists.
Promoters, who have a higher degree of accountability and public responsibility, should share more details about themselves.
India Inc on Tuesday expressed disappointment over the Reserve Bank increasing the key rate by 0.25 per cent and hoped that banks would refrain from hiking lending rates as such a move will scuttle economic recovery.
GST reform has been hanging fire since 2006-07.
RBI would like to work on examining the regulatory framework for the voluntary withdrawal by the entrepreneur.
Bankers said high interest rate could make Indian economy sluggish given that inflation is around 5%
The status quo decision came as a breather as only last week the RBI had pulled up banks for not helping it in monetary policy transmission.
The higher than expected growth in the second quarter of 2013-14 is an indication of recovery in economy but some key sectors still need to perform better, India Inc said on Friday.
As the BJP is set to form the next government in Maharashtra on Friday, industry experts want the new chief minister to expedite the delayed infrastructure projects in the state and revive investment in key sectors by removing bureaucratic bottlenecks.
India's debt recovery and restructuring framework is still a work in progress, even six months after the President's assent to the Insolvency and Bankruptcy Code 2016.
The manufacturing sector, which accounts for over 75 per cent of the index, declined by 2.4 per cent against a growth of 4.1 per cent in December 2014.
Suresh Prabhu has announced a slew of measures to improve servcies in trains and railway stations
Higher prices of onion and other vegetables and fruits pushed up inflation to 6.46 per cent in September.
India Inc on Wednesday said it looked forward to the new RBI Governor Raghuram Rajan initiating cut in interest rates and improving credit flow to crucial sectors like infrastructure to put economy back on high-growth path.
Inflation dipped to a five-month low of 5.19 per cent in July mainly on account of decline in prices of some food articles, vegetables and protein rich items.
Industry bodies said the decisions will help attract much-needed capital, create jobs, encourage collaboration and benefit cash-starved small and medium enterprises.
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Business leaders met Manmohan Singh to discuss the problems facing the country.
Some of the disclosures in the ITR form, under review at present, increases procedural hassles for expats
The Reserve Bank could consider setting up of a Fraud Registry on the lines of Credit Information Bureau to check criminal activities in the financial sector.
The industry has stepped up its demand for a rate cut
Jaitley's concerns are unlikely to cut much ice with the Congress.
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.
India Inc has pitched for rate cut to boost economic activities.
The Reserve Bank is unlikely to lower the interest rates.
The Prime Minister's Economic Advisory Council Chief further said that 'inflation is showing signs of coming down and therefore attraction of financial products will be greater'.
'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'
The government has to cover a lot of ground if it wants to achieve the target of generating 10 million new jobs in the sector over the next three years, says Shyamal Majumdar.
Costlier onion and other vegetables pushed up inflation for the third month in a row to 6.1 per cent in August, making it difficult for the RBI to cut rate in the monetary policy review due later this week.
India's long-held position as the world's top diamond polisher is being challenged by soaring output from China.
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