Indian economy was growing faster than the global average and all other major economies: FM
Asia's falling stocks have triggered an exodus of funds from the region.
Since mid-July, the RBI has taken steps to tighten cash conditions, which have failed to support the rupee but sent bond yields surging, posing a fresh threat to the already cooling economy.
Foreign exchange reserves of the oil producers have increased by $1.1 trillion over the past decade.
Finance Minister P Chidambaram on Monday said the currency will find its level as steps being taken by the government to contain fiscal and current account deficits will improve investor sentiments.
Crisis of growth is worsened by the challenging global environment and policy missteps. Returning to 9 per cent growth trajectory will be a tall order.
The biggest catch in a reverse mortgage is that you cannot move out of the house
RBI Governor Raghuram Rajan is regarded as credible by global financiers.
'In their over-enthusiasm to clean up the system, both the banks and the regulator should not forget that the key to the insolvency law is revival of companies -- recovery of bank dues is an offshoot of that,' points out Tamal Bandyopadhyay.
You can use gold as a financial instrument to diversify your portfolio into hedging against uncertainties in the market, but for ambitious returns, you must explore opportunities in other asset classes such as equities, debts and real estate, says Adhil Shetty, CEO, BankBazaar.com.
The three hour long meeting was attended by Secretaries of departments of Revenue, Expenditure, Financial services and Disinvestment.
The yellow metal is a safe bet in the long run.
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The Reserve Bank is scheduled to unveil its first quarter review of the monetary policy on July 30.
Neither India nor China will be badly affected by Grexit.
The central government's deposits with the RBI had fallen to just Rs 100 crore as of June 8.
There are some advantages of a falling rupee.
A stable dollar will at minimum reduce incremental cross-currency pain for Indian cos.
S Naren, CIO of ICICI Prudential Mutual Fund, in an interview with Chandan Kishore Kant, says cyclicals will offer good value.
'The government's principal aim should be to reduce the volume of cash transactions.' 'That would bring more of the Indian economy within the purview of taxation.' 'The current downturn in economic activity due to a lack of adequate cash is likely to be limited to a year,'
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
Capital flows have become much more skittish and volatile during this period, with short-term horizons dominating allocations.
CPI-based inflation on a (year-on-year) basis has come down from 8.59 per cent in April 2014 to 7.80 per cent in August 2014.
The most immediate cause of worry is the recent volatility in foreign exchange markets, Prime Minister Manmohan Singh tells the Assocham annual general meeting.
Sweden has the world's highest negative rate.
Despite the low prices, commodities are risky investments
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
The dollar gained strength with the emergence of the US as the only developed economy showing signs of recovery.
Investors accumulated quality stocks at valuable and attractive levels.
It was a year of stocks shining bright when it comes to adding to the investors' wealth, and the glitter of gold and silver fading for the second straight year in 2013.
'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.'
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
The global economy may just be entering a new phase.
The Finance Ministry expects GDP growth to be 8-8.5 per cent in 2015-16.
IMF members will also be examining whether China's heavy intervention in the yuan market was befitting of a freely convertible reserve currency
If banks have a surplus, they have the option of parking the money with the RBI.
The breadth was neutral with 1,329 advances and 1,320 declines.
Amid a grim global scenario, India will have to labour hard to hold on to seven per cent growth in 2016-17.
The most preferred CoCo bonds are those through which banks raise their additional Tier-I capital.
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Returns on godl have depleted in past few years,
Cairn has slashed its planned capital expenditure (capex) by 60 per cent to $500 million against the earlier $1.2 billion.
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