'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'
Payment banks may not be viable option to attain financial inclusion.
The need to allow government shareholding in public sector banks to come down below 51 per cent
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
The classic Third Year or Mid-Term Problem has afflicted all but two prime ministers who have lasted a full term, give or take a few months this way or that, points out T C A Srinivasa-Raghavan.
With Pockets, ICICI Bank aims to target first-time customers.
Universal basic income or social security? Economist Nitin Desai feels we need a blueprint for universal health care and pensions to help the vulnerable section.
To neutralise this, RBI has been doing forward swaps
The market is clinging to support above the 8,000 mark and hitting resistance above 8,150.
'We want to make sure we stay in India and we have very high hopes from India,' says Mark Mobius.
If banks won't lend, seek a loan from fintech lenders or P2P platforms to help you get out of a debt trap.
India's state banks are under pressure to improve profitability.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
Economist Dr Subramanian Swamy, whose Janata Party merged with the Bharatiya Janata Party in August, has issued the following press statement on the Indian economy and demanded the implementation of a four-point agenda to save it.
'While they are a long way off from the box office muscle that the Khans enjoy, a host of young stars are entering the Rs 100 crore club that was earlier the reserve of the seniors. This year will see a lot of young stars in action.'
Unions, which are protesting against FDI in the banking sector, are pressing for various demands.
'The Insolvency and Bankruptcy Code is neither beneficial to banks nor helpful for the borrower.' 'Genuine people who are caught in economic stagnation will lose everything and thousands will lose jobs.'
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
If rate cuts are fully transmitted, and RBI continues to cut rates in 2016, and earnings growth picks up as well, current valuations may be justified. Otherwise, equity will remain over-valued, says Devangshu Datta.
Sai Manish & N Sundaresha Subramanian offer a fresh perspective on the digital wallet business.
The hype surrounding the Budget gives it undue importance.
The yellow metal is a safe bet in the long run.
India's aggregate NPA as a percentage of GDP is far lower than that in Italy, Greece.
'My sense is that we should be braced for a correction.' 'It has already begun in the mid-caps for the past month, and will now spread to larger stocks as well.' 'Use the correction to upgrade the quality of your portfolio,' advises Akash Prakash.
Better stick to equity diversified funds, says Larisssa Fernand
Worried over a spike in interest rates in the wake of steps to support the falling rupee, the RBI on Tuesday announced a slew of measures, including Rs 8,000 crore bond buyback, to ease liquidity and ensure adequate credit flow to the productive sectors of the economy.
The Urjit Patel committee on monetary policy framework has proposed setting up of a monetary policy committee (MPC) that will be headed by the Reserve Bank of India (RBI) governor and accountable for achieving inflation target set by it.
India's near-term growth has improved: IMF
The government has also built in mechanism to protect investors from price fluctuation.
Loan waivers will never be enough. Reforming the agricultural marketing system is essential to addressing the concerns of farmers in a sustainable manner, says Nitin Desai.
Headed by Urjit Patel, MPC for the fourth straight time kept the repo rate unchanged, at which it lends to the banks, at 6.25 per cent. The reverse repo, at which RBI borrows, will be 6 per cent.
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The latest macro-economic numbers confirm the economy trundles along in a low growth trajectory, while inflation climbs.
To do so, the government will have to tackle a number of broad development challenges successfully, says Shankar Acharya
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
James Wilson tracks down discrepancies in the much-hailed demonetisation policy and the subsequent statements of the government and the Reserve Bank of India.
These companies had an accumulated loss of Rs 55,656 crore (Rs 556.56 billion) in 2012-13.
Opt for an affordable house on a metro's periphery, invest and wait it out.
Bringing in the untapped informal sector into the formal one will benefit business.
What is it about Arohan that puts it in the top league of microfinance institutions in the country?
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