Rajan's appointment will be perceived as a positive development.
The policy will be presented in the backdrop of rising inflation.
RBI likely to cut rate early next year.
Traders believe the RBI will step in more strongly, if the rupee starts falling towards 65
While a pick-up in summer monsoon rains in recent weeks is expected to cool food inflation, most analysts don't anticipate another rate cut before a new governor is on the job
British banking major HSBC on Thursday announced a consolidation exercise under which it will almost halve the number of branches in the country to 26, which will lead to 300 job losses.
RBI is closely monitoring monsoon.
Bond issuances dipped 31.4% during January-June
The CBI also told the court that it has sought Interpol's help in seeking access to overseas bank accounts of the Mukerjeas
The RBI has targeted 6 percent inflation by January 2016
About 70 per cent of ATMs in India are running on outdated operating systems, which makes it easier for fraudsters to crack them
Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.
Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.
However, some analysts say RBI Governor Raghuram Rajan may delay the rate cuts amid mounting concerns over the government's fiscal health.
Hawkish guidance by the US Fed raises concerns it could tie the hands of RBI from trimming rates.
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
Cricket icon Sachin Tendulkar, among the richest sportsmen in the country, recalled a time in his life when he did not have money to hire a cab for a ride home from the railway station on his return from Pune after an under-15 cricket game. "I was only 12 years old and was selected to play for the Mumbai under-15 team. I was excited, carried some money and we went to Poona (Pune) to play three matches and it started raining there," Tendulkar said at the launch of 'digibank' initiative of DBS. "When I got my turn, I was out on 4, run-out. I was only 12 and could barely run at a decent pace. I was disappointed and came back to the dressing room crying and after that I did not get another chance to bat," he said. "Because it had rained, we had nothing to do the whole day, except to go out, watch a movie and eat. Without knowing how to spend my money and how to equally pace myself and save money, I finished everything and when I came back to Mumbai by train there was not a penny in my pocket. "I was carrying two big bags, we got off at Dadar station and I had to walk to Shivaji Park because I had no money," Tendulkar recalled, ruing that it was the pre-cell phone era.
RBI's status quo on rates disappoints economists.
While headline and core WPI are stuck in a disinflationary phase, the retail measure is inching north.
CPI inflation could fall marginally but stay above RBI's comfort level.
Monetary policy easing in India puts it out of step with the United States, the world's largest economy, where interest rates are expected to rise later this year
RBI's tricky strategy to ease market's pre-Fed jitters.
Gamification has the potential to trigger immediate positive responses to learning that an organisation wishes to impart.
New offerings by banks are changing the way you transact.
As with TCS, most companies put their money in mutual funds, corporate bonds and bank deposits, which are losing their appeal versus government bonds in terms of both returns and safety.
Indian Economy poised for growth, say experts.
It would be beneficial for the economy to hold on to high interest rates till inflation numbers are under control.
The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday.
None of James Bond movies are complete without beautiful women, hi-tech gadgets and of course gorgeous four wheels.
The minders of the Modi government's economic policy believe it would take 7 to 8 quarters -- or till around late 2018 -- for the economy to reap the rewards of demonetisation.
In front-running case, some fund houses have settled with Sebi and paid the amount lost to trustees.
Morgan Stanley expects RBI to cut rates sharply rather than "dribble down".
New Delhi has missed its target for partial privatisations for the past five years
A moderate recovery in Indian factories, exports and investments were probably the main drivers for an increase in overall growth in the quarter through March.
India is Asia's third-best performing equity market.
A Reuters poll showed only one out of 51 economists had expected a 50 basis points rate cut.
UBS India, the domestic franchise of Swiss banking major UBS Group which last month surrendered its banking licence, has started laying off around 50 people, who are affected by the decision.
Govt is likely to find it hard to meet deficit target next year.
Lower gold imports and higher overall exports to help narrow the gap.
The RBI cut rates for third time in 2015 due to favourable economic conditions.
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