Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
A sovereign bond float continued to be among the range of options to address the current account deficit (CAD), Finance Minister P Chidambaram said on Tuesday, even as former Finance Minister Yashwant Sinha asked him to tell Parliament the Centre would not countenance that measure.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
Indian indices fell more than those of most other emerging markets.
The decision to auction Taj Mansigh brings to an end a six-year-old tussle between the NDMC and Tata Group, which has operated the landmark property for nearly four decades.
Economy showing mixed signals, outlook challenging: FinMin
'The failures of private businessmen have set back the process of market-oriented reform, though that is the only way forward,' argues T N Ninan.
BJP's success in two state elections gave Modi room to cut through a thicket of regulations and state controls.
The central bank's currency management will be critical over the next few months. A weaker rupee could help to revive exports. But, the currency must fall slowly and in controlled fashion, says Devangshu Datta.
Rosneft bought a 49 per cent stake in Essar Oil's refinery port and petrol pumps, while Netherlands-based Trafigura Group Pte, one of the world's biggest commodity trading companies, and Russian investment fund United Capital Partners split another 49 per cent equity equally.
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
Says GDP growth rate from 2014-15 to 2015-16 will be greater than that of 2014-15 from 2013-14
The world, he said, needs to move towards a transparent and flexible market for both oil and gas.
India has adopted a bilateral strategies with its immediate neighbouring countries for mutual benefits
While we complain about comfort in coaches, rarely do we think about the comfort of engine drivers.
The flow of economic news suggests that "good days" are not here as yet.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The 1995 judgment in the Union of India vs Cricket Association of Bengal case emphasised that free speech is essential for a successful democracy and citizens must have a plurality of views and a range of opinions on all public issues, says M J Antony.
On the present government's 'Make in India' campaign, C Rangarajan, former chairman of the Prime Minister's Economic Advisory Council, says it is important to first ask for whom it is being made.
With a plunge in steel prices, ship owners are getting about $3.6 million less for the 25,000 tonnes of recoverable metal.
Firm terms lenders' move to appoint monitoring agency 'unwarranted'.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
R-Power had produced the test certificate claiming March 30, 2013, as the date of commissioning.
Modi is keen to restart big projects which are stuck for various reasons.
Here's what the national capital needs to do to ensure the residents stop breathing toxic fumes.
This is the first "Green budget" of the government for effective containment of pollution in the city, the deputy chief minister said in the budget session of the assembly in the presence of Chief Minister Arvind Kejriwal.
Albanese, 56, will take the helm on April 1.
.jpg)
The year 2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5 per cent. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved.
'If every city had the strongest tools that are currently available only to a few, the world's climate prospects would glow far more brightly.'
India remains North Korea's 2nd-largest import source after China, according to several estimates by multilateral bodies, says Subhayan Chakraborty.
He claimed 50 per cent of the country's black money was going to BJP's coffers.
At the bank's current market price, the stake on offer is worth about Rs 5,700 crore
.jpg)
TPG was one of the first global private equity firms to enter Asia, opening a Shanghai office in 1994.
The recent market crash in China has triggered sympathetic drops.
With GDP growth improving to a nine-quarter high of 5.7 per cent and the stock market brimming with optimism, now is the time for Modi to keep his promises.
Govt has drawn list of PSUs for strategic sale: Jaitley
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
BJP president Amit Shah said on Wednesday as he attacked former PM Manmohan Singh over a string of scams that took place under his watch.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances