The Chinese economy is not collapsing, it is shifting to different growth drivers which the old metrics used to judge China do not pick up.
Although the current long-term bullish trend is intact, markets are awaiting clarity on the taper and the Assembly election results.
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The rupee tumbled past 63.00 to the dollar, down about 2 per cent on the day and breaching the previous low of 62.03 hit on Friday despite a spate of measures in recent weeks by the central bank and government to defend it.
Dr Talat Ahmad, vice chancellor of Jamia Milia Islamia suggests important reforms in the Indian education system.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
Stalin, like his father M Karunanidhi did in 2004, may play the king-maker in a way -- not the king, unless the 2024 post-poll circumstances throws up a situation where he alone becomes acceptable to the rest, observes N Sathiya Moorthy.
The government's fiscal deficits have reduced over the last five years.
US crude was down 25 cents at $52.08.
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The ball is now in the Reserve Bank of India's court to lift up demand, says Ajay S Shriram.
'Although Narendra Modi had no direct participation in the Ayodhya agitation, he would not have been in the dominant position he is now had it not been for the Ram Janambhoomi agitation.'
Maruti Suzuki and Hyundai would make the largest gain.
'Leaders of the two nations have reportedly agreed to set up a hotline between their respective military headquarters,' state-run Global Times daily reported on Wednesday.
'Growth is predicated on the misery of large sections of people.' 'Maybe Hindutva will be used to suppress any such unrest.'
Calling India one of the most attractive investment destinations globally, vice president of European Commission Jyrki Katainen also complimented the government for its resolve to roll out the GST.
The government has proposed to implement GST from April 1, 2016, and the new Finance Commission may be set up ahead of its schedule to look into the issues related to the new indirect tax regime.
Assembly elections coming up in November and December could offer a window of opportunity to the government to make GST attractive through rate cuts.
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The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
D&B sees January IIP to decline by 0.5-1.5 per cent. Last month the factory output, as measured in terms of the index of industrial production, had contracted by 0.6 per cent.
Trump to sign an executive order aimed at achieving a more skills-based and merit-based immigration system.
A first in 7 years, the combined institutional investor flow stands at Rs 69,000 crore in 2016-17
Low consumer demand, a slide in investments and troubles in the banking sector should prompt the government to recalibrate taxes and expenditure. It is also important to ramp up spending on health care and education, says CII president Sumit Mazumder.
Modi said the Goods and Services Tax has within one year of its launch led to over 70 per cent jump in indirect taxpayer base, demolished check-posts and merged 17 taxes and 23 cesses into one single tax.
'Economically, if there are too many losers, macro-demand will suffer and undercut growth.' 'In more developed societies, the issue is resolved through the provision of safety nets, which don't exist in India.' points out T N Ninan.
Pushing a barrel of oil back to around $100 would require a reduction of production of about two million barrels a day - a cut that would fall predominantly on Saudi Arabia.
'The voter thinks that the State is not going to impartially deliver services, provide justice, basic law and order, social insurance -- so as a voter it's very rational that I may choose a criminal who will help me navigate the State.' 'A weak State allows a criminal politician to be the person who provides that guarantee to mediate whatever problem the citizen has with the State.'
With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to the Prime Minister chairman Bibek Debroy tells Sanjeeb Mukherjee, Ishan Bakshi and Indivjal Dhasmana that reducing government equity even to zero would not mean giving up of government control over these banks.
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The right sequence would be to gradually reduce SLR
'For the RBI, it is also strategic to allow the rupee to over-depreciate, then come and buy the rupee, and benefit from its appreciation. Speculators who have driven the rupee too low then make losses,' says Ashima Goyal.
The WTO toolkit provides various instruments to deal with such situations - anti-dumping duties, countervailing duties and safeguard measures.
The adjustment orders for AY2012, are expected between January and March 2016.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
He said the short term macroeconomic priorities of the RBI continue to focus on bringing down inflation towards the government-set target of 4 per cent
The government now ends its mandate with reaffirmation in the vote-on-account of the same goals, for which it claims to have a clear line of sight.
Simpler GST structure will be key poll plank, Congress sources tell Archis Mohan.
Accusing the Bharatiya Janata Party of indulging in "shout and scream" practices to disrupt Parliament, Union Minister Sachin Pilot has said government is more than willing to "walk the half way" to debate issues raised by the opposition.
'Overlying his idealism was a hatred of war and of all things military. He gave no deep thought to politico-military matters and this prevented him from making sound security decisions.'
SBI remains a favourite of most brokerages in the PSB segment.
'He depended too much on assurances given by sadhus and sants. He may not be culpable, but he was wholly responsible for December 6, 1992.' 'While Manmohan Singh came to reforms out of conviction, Rao came to reforms out of compulsion. If the compulsion had not been there, I don't know how he would have responded.'
What will be the impact on the Euro itself? Will it devalue and to what extent?
By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.
