Lower crude oil prices would impact India's inflation, CAD.
The sharp fall in rupee since the beginning of May will make things difficult for the central bank which is on the path of easing the monetary policy to revive growth.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
For growth sustain at these levels, private services need to recover.
What stocks will gain from a normal monsoon?
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
The rupee will largely remain stable but with a mild depreciating bias in the next one year
RBI policy surely cannot impact agflation, in any case.
Union Bank of India, United Bank of India reduced base rates.
The battered rupee gained 225 paise to 66.55 against the dollar today, the most in at least 15 years, after the Reserve Bank of India eased pressure in the currency market by starting a facility for state-run oil refiners to buy foreign exchange.
The company buys distressed assets across the globe and turns them around to not only add to its books but also its product pipeline and regions.
There's need to address growth, but weak rupee putting pressure on prices.
Analysts are expecting inflation to fall further in October and November on base effect. Inflation measured by consumer prices has been trending down for over four months, and came in at 6.7 per cent in September.
Brokerage firm CLSA says in its interactions with government officials, measures such as the dollar-deposit scheme were under consideration.
Adopting a wait- and-watch approach ahead of US Fed meeting
Equity strategists are basing their expectation on strong corporate earnings recovery, supportive global economic growth, and gradual improvement in business sentiment.
Gains in financial shares capped further downslide.
According to the research arm of the country's largest lender State Bank of India, with stability in the currency, the RBI Governor is likely to lower the marginal standing facility rate, at which the RBI lends to the banks, once the lenders exhaust their overnight repo borrowing limits.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
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The rupee resumed lower at 61.15 per dollar as against the last closing level of 60.77 per dollar yesterday at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.44 per dollar before quoting at 61.40 per dollar at 1045 hours.
The maximum number of banks are from the US (74), followed by China (29) and South Korea (26).
The budget has strong growth impulses and response of the economy is positive.
BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm
Hailstorms may cause Rs 12k-cr crop damage, El Nino a bigger worry.
Green bonds refer to bonds issued mainly by power companies to finance energy efficient projects
May touch 64/$ due to foreign flows slowing down
Reliance has significant investments in telecom, consumer retail and media businesses in India.
In the broader market, the BSE Midcap was down 0.2%, while BSE Smallcap fell 0.1%.
The RBI opened a forex swap window in August to meet the entire daily dollar requirements of three oil marketing companies as the rupee depreciated to an all-time low of 68.85 against the US currency.
HDFC and Infosys contribute the most to today's rally.
RBI is committed to bringing down retail inflation to eight per cent by January 2015 and six per cent by January 2016.
Analysts expect the indices to dip further if the global macros do not stabilise
In the past two weeks China has cut interest rates.
Jio's100-million subscribers target appears an uphill task in the next one month, believe analysts. Also, the existing subscribers are already witnessing slowdown in data speed thanks to the high traffic.
RIL, as well as its partner Pioneer Natural Resources Co, are seeking a buyer for their stakes in Eagle Ford Midstream venture as they focus on shale oil production.
BJP loss could trigger a correction
Flipkart has seen 33 per cent growth in past 6 months despite slowing e-commerce business and stiff competition from Amazon.
Instead of a rate hike, or even a pause, there could be a window for the RBI for an interest rate cut
According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely.
In a major sign of transformation of manufacturing-dominated Chinese economy, annual output of its service sector may exceed that of the manufacturing sector for the first time ever in 2013, an expert said.
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