Saudi Arabia's deep pockets and a strong financial system could help the country to ride out a low-price environment in order to protect its market share.
The markets stayed on edge last week due to the endless saga of Greece's problems.
The markets, at this point, have rallied on the view that the Fed will not budge from the zero-bound as long as inflation remains subdued
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'Credit expansion is probably the quickest way to get the economy going again.' 'Easy credit is like a shot of nitro in a race car: In timely, small, quick, doses it can give a tremendous boost but carried to extreme it can destroy the engine,' points out S Muralidharan, former managing director, BNP Paribas.
New York's main contract, West Texas Intermediate for February delivery, was up 22 cents at USD 98.64 in mid-morning trade while Brent North Sea crude for February rose 17 cents to $ 110.97.
A combination of reduced cash intensity, a focused strategy of tax administration and GST is the way to go, say Sakshi Gupta, Tanvi Garg and Abheek Barua.
The government declared NSCN-K, all its front organisations and formations as a terrorist organization under the Unlawful Activities (Prevention) Act, 1967, a home ministry spokesman said.
The anti-talks faction of the outlawed United Liberation Front of Assam on Wednesday denied its involvement in Tuesday evening's bomb blast in Dibrugarh city in Assam. A teenage girl was killed and 17 others were injured in the blast.
The economy hasn't gathered even half the traction that some of us assumed it would just a year back.
A comprehensive solution involves a complete overhaul of our education and training model.
The unemployment situation is becoming increasingly acute.
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On the Islamic State-style video sent by the ULFA-I to TV news channels, the DGP said it was the first time that such a video has been received.
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Many things are going unnoticed by India watchers.
A day after total shutdown in Assam to protest against the CAB, fresh protests erupted in the state and neighbouring Tripura and other parts of the nation.
With the search for missing Malaysian plane turning to India's neighbourhood, China has sought permission for sending its four warships into the Indian waters, causing a major dilemma for the authorities.
Strongly reacting to All India Congress Committee vice president Rahul Gandhi's purported remarks that Asom Gana Parishad was in power for a term allegedly with the backing of insurgents, the Asom Gana Parishad on Friday said it would initiate legal action him.
The Reserve Bank of India kept its policy interest rate unchanged at a five-year low of 6.50 percent on Tuesday.
The United Liberation Front of Assam (anti-talks faction) on Wednesday claimed that it has executed its self-styled 'assistant finance secretary and the commander (operation) of eastern command' captain Partha Asom on charges of treason after conducting a trial.
The chairman's post will soon fall vacant, but that's not the only one that needs to be filled.
Congress MLA Rumi Nath was arrested on Tuesday in connection with her alleged links with a pan-India car theft racket.
Balance is needed in selecting members for the proposed monetary policy committee, says Abheek Barua.
Worsening the crisis in Assam, State Education and Health Minister Himanta Biswa Sarma quit on Monday demanding the immediate ouster of Tarun Gogoi as chief minister.
'If you transform your talent into determination to perform, no one can stop India from becoming a superpower,' Union Home Minister Rajnath Singh tells youngsters at the closing ceremony of the 19th National Youth Festival in Guwahati.
Urjit Patel's reappointment will raise market hopes that Rajan, will also be offered an extension when his tenure ends in September.
If the RBI governor's logic holds, the rupee is far from being extremely overvalued.
While chits and the formal financial sector are not 'largely substitutable', users like the commitment to savings that these enforce and the flexibility in borrowing, reports N Sundaresha Subramanian from New Delhi.
After objections raised by the defence forces, India rejected China's request for permission to allow its four warships to enter the Indian maritime zone to search for the missing Malaysian airliner.
The central bank may need to further ease the rates by 50-75 bps.
RBI's out-of-turn rate cut has surprise few economists.
It can be noted that the rupee lost nearly 7 per cent since the beginning of May as FIIs have pulled out nearly $4 billion from the domestic debt, as bond yields fell on expectation of RBI cutting rates on Monday.
RBI's status quo on rates disappoints economists.
Most mainstream researchers agree that good governance is a necessary condition for growth.
After another round of talks with the Central government today, the faction of the militant United Liberation Front of Assam led by its 'chairman' Arabinda Rajkhowa hopes for an early solution to the problem as the 'talks are progressing along the right course'.
India's central bank kept its key repo lending rate unchanged at 6.75 percent on Tuesday.
For one thing, US Fed Chairman Ben Bernanke was perhaps right in postponing the quantitative easing taper even though the markets had complained at that time that they were primed for some reduction in QE3 and the Fed had missed an opportunity to execute their plans without causing too much of a flutter.
The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday.
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