For fast-moving consumer goods, growth is likely to be tepid.
Experts said the higher pay out will boost consumption demand.
Those looking to take advantage of current market conditions should buy only after conducting due-diligence.
Soft crude prices will cut fuel subsidy bill and help contain fiscal slippage this year.
Our focus around technology, cost efficiency, persistency and effective distribution channel will continue, says the ICICI Bank MD and CEO.
The highest domestic package, however, fell 10 per cent
For banks to cut loan rates, the cost of deposits needs to come down, and there is no sign of that happening.
Industry experts estimate that demand for loans from the sector outstrips supply by more than $80 billion.
'What is critical today in India is confidence of depositors.' 'If you have these kinds of problems spreading like this, the confidence level of a lot of people in the system gets shaken.'
Banks have been patient and flexible in rescheduling loans.
As the Reserve Bank maintained a status quo on key policy rates, analysts said higher demand due to supply constraints will not allow inflation to ease as quickly as anticipated and the apex bank may be forced to increase rates once more by the year-end.
Govt reconstitutes body, says will not interfere in senior PSB appointments
TCS tops the list of 100 wealth creators for the fourth time in a row
There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
India has achieved 100 per cent electrical connectivity, but 100 per cent electrification remains a long-drawn task, says Shreya Jai.
The rupee's plunging to record level and a sharp fall in the equity market are knee-jerk investor reactions to the US Federal Reserve's saying the it will slow down bond-buying programme in view of improving American economy.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
In 2010, ministry told its officers nominated on PSB boards to stay away from big-loan panels; central bank followed suit.
Power generation and distribution is the most indebted sector
'The main reason people go to other countries is unemployment in Punjab'
Key macroeconomic indicators suggest softening industrial growth.
43 months after Modi's election promise that his government would create 10 million jobs, the reality does not paint a pretty picture, warns Shyamal Majumdar.
Officials in the weather department said the monsoon is expected to be below normal because of the El-Nino effect.
By splitting its business into separate verticals with dedicated portfolio heads, CavinKare looks to improve distribution and facilitate more launches in the future
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Bank has cited trend of global easing and weak growth
While FMPs no longer offer the same short-term advantage, it is still a good product for the medium term.
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.
Terming the RBI action on Wednesday as a "pleasant surprise", analysts today cautioned that possibility of a rate hike in the future cannot be ruled out. Urijit Patel committee's report on monetary policy would clear the air on RBI's future stand, they added.
The Consumer Price Index hit the lowest in six months in March at 4.83 per cent.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
Metals bucked the trend and shone across the board.
Lock into these long-term bonds for higher interest rates and capital appreciation
Tata Motors was the top gainer on better-than-expected June quarter revenues
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
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.
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
The growth in eight infrastructure industries slowed to 2.3 per cent in May mainly due to contraction in crude oil, natural gas, coal and fertilizer output.
