The policy statement by the RBI governor is also expected to be upbeat.
Even US equities are now back to end-2014 levels.
The upbeat earnings from Reliance Industries will set the tone for the truncated week ahead
Inflation is down and there's every chance that crude prices will be subdued through the next year.
'Chinese real GDP growth is 7.1% and India's is 7.4%'.
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
Laughter was a component of Parmeshar Godrej's large-hearted Punjabi spirit, recalls Sunil Sethi.
A rate cut will bring positive sentiment around the Budget.
News of all that's transpired on and off the football field
To cut interest rates, the central bank head has to open up a debate on inflation target revision.
South Africans take the top 3 slots in Most Valuable Player Index.
We are entering a period of turbulence, but you can profit off that volatility.
While the judiciary remains our most trusted institution, it should debate its internal health, argues Shekhar Gupta.
Arthur J Pais, who has covered the Toronto International Film Festival for Rediff.com for 13 years, glances at the buzz-worthy movies at TIFF 2014.
'Everyone confuses GDP to be a measure of output, when it is actually a measure of income.'
Clearly, LoCs are becoming a key arrow in India's economic diplomacy quiver.
Global disinflation has finally caught up with India's high-cost economy.
As fuel prices continue its northward march with petrol and diesel being sold at Rs 80.73 and Rs 72.83 per litre in the national capital, at least 21 opposition parties, led by the Congress have staged a Bharat Bandh protesting the rise in fuel prices and depreciation of the rupee.
The party needs to fight competition not by acting like others, but by finding a strong narrative of its own.
'It is an important and significant election -- but there is nothing make-or-break about it. A victory is always great, but if the BJP wins, it can't make Mr Modi any stronger in his party and government than he already is,' says Shekhar Gupta.
'The big elephant in the room is our misguided view about the rupee.' 'India is scared that if our currency appreciates, who will buy from us. But a breakout is inevitable.'
The year 2015 may well turn out to be a watershed in global macroeconomic adjustment.
The Fed has prepared the world very well for a rate hike. In fact the market may have priced in a 25 basis points increase. So if the increase is 50 basis points, the reaction could be stunning, but a 25 basis points rise is not likely to have any great impact, says P V Subramanyam.
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
The cost of food has constantly been on the rise.
'We understand where we want to go and hopefully the guys can keep putting this kind of effort and take the team where it belongs' 'As a captain, I feel it's a complete series for us. Everyone contributed at different times, especially the lower-order's contribution is something that stands out for me in this series'
Troubles for the beleaguered Chief Minister of Rajasthan Vasundhara Raje mounted on Friday with the disclosure that she was the beneficiary of investments of over Rs 11 crore made by tainted IPL ex-commissioner Lalit Modi in her son's company at a high premium.
Among the greatest mistakes women make in their career is losing track of their career goals, not taking additional responsibilities and learning new skills and technology.
Some feel that Tata Steel has put these assets on the block only after exhausting all the options.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
In Uttar Pradesh, believe it or not, the BJP will not be helped in the long run if the Congress collapses completely. The more regional parties are strengthened due to the decimation of the Congress, tougher will be the challenge facing both the grand old party and the BJP. Rediff.com's incomparable Sheela Bhatt continues her new election column where she reveals the ground realities in the Battle for India, as only she can. Don't miss it!
The resilience of many emerging markets, notably China and India, in the aftermath of the Lehman shock further strengthened this sense of manifest destiny.
Here's your weekly digest of the craziest stories from around the world.
Why is the BJP playing 'competitive politics' where there is scope or room for none? The release of 5 Indian fishermen on death row in Sri Lanka was a victory for India's quiet diplomacy of long years in the matter -- and not for loud politics by parties in the country.
The incomparable Mohammed Rafi would have turned 93 today, December 24. Raju Bharatan salutes the legend.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy