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.
'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.
RBI Governor Raghuram Rajan is regarded as credible by global financiers.
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
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 yellow metal is a safe bet in the long run.
The three hour long meeting was attended by Secretaries of departments of Revenue, Expenditure, Financial services and Disinvestment.
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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.
'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,'
S Naren, CIO of ICICI Prudential Mutual Fund, in an interview with Chandan Kishore Kant, says cyclicals will offer good value.
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.
'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.'
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.
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.
'We have the more difficult reforms to do such as the reduction of subsidy, the insurance and pension sector reform, eliminating bureaucratic red tape and implementing Goods and Services Tax'
Lupin will fund the buy through $100 mn cash reserves and a bridge loan.
Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
Experts caution against tough times in Indian equity markets in 2015.
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