The RBI must cut rates to spur growth, say experts.
The Confederation of Indian Industry has pegged the requirement for investment at Rs 280 lakh crore ($4.7 trillion) for five years beginning 2014-15 to make the economy grow by seven per cent a year on an average.
Never in his long political career has the Union labour minister attracted such attention.
HSBC's purchasing managers' index was released on Tuesday.
Raghuram Rajan is correct -- the RBI's monetary response to inflation in the past has been too weak.
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The government is somehow convinced that selective low-rate lending will stimulate demand and accelerate economic growth that plunged to a four-year low of 4.4 per cent in the first three months of 2013-14.
The poll of over 30 economists, taken in the past week, showed Asia's third largest economy will expand 7.8 percent in the fiscal year ending March 2017.
Here are the key decisions announced by the Reserve Bank of India on Thursday.
The Allahabad High Court on Wednesday ordered the cancellation of the appointment of controversial Uttar Pradesh Public Service Commission chairman Anil Yadav, who was accused of turning the state's highest recruitment body into a private fiefdom by handpicking largely Yadavs for all top jobs.
Moody's rates India's outlook at stable.
The Bhratiya Janata Party has justified its poll alliance with the Telugu Desam Party in Andhra Pradesh despite critical comments made in the past by TDP chief N Chandrababu Naidu.
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Several places in Arunachal Pradesh, including capital Itanagar, were cut off by floods and landslides.
It is a sight that both warms and breaks the heart. The women of Shaheen Bagh seem oblivious of the cold, these women and their children, the latter ranging in age from 19 days to early teens, who have been occupying the road for over two weeks now. Some of them have not gone home for days, but their faces are clear, unlined by fatigue, their eyes bright and fierce as those of the falcon, shaheen, the area is named for.
In the April-June period, bond yields rose by 30 bps.
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.
'The army has been open about its determination to keep the PML-Nawaz out of power at all costs.' 'Both the military and the higher judiciary have indicated a preference for Imran Khan's Pakistan Tehrik e Insaaf,' says Rana Banerji, who headed the Pakistan Desk at the Research and Analysis Wing, India's external intelligence agency.
A PIL was filed in SC to stop Sasikala from taking oath on Tuesday as the AIADMK remained tight-lipped.
The economy grew at a four year low of 4.4 per cent in the April-June quarter of current year.
The Reserve Bank of India (RBI) is likely to keep monetary policy steady in June despite sluggish economic activity as inflation remains elevated, a Reuters poll showed on Wednesday.
This announcement will widen the base of investors, especially mid-sized financial institutions.
The Reserve Bank of India kept interest rates on hold at 7.50 per cent.
India's full membership of the grouping would extend its reach to the Central Asian region in whose peace and stability it is a major stakeholder, says Sana Hashmi.
JD-U leaders believe Prashant Kishor's entry would benefit its case for contesting a larger number of seats in Bihar in next year's general election.
'Brexit might delay the sale process of Tata Steel's UK operations'.
Portfolios of more than half-a-dozen ministers are expected to be changed.
The names of a host of leaders, including some sitting MPs are doing the rounds in political circles.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
RBI has cut the rates thrice so far in 2015 by 25 bps each.
Event-based volatility could rise in the near future, increasing arbitrage opportunities.
In India we have to be careful not to copy any level of dependence on the financial sector and infatuation with the get-rich-quick syndrome, says Jaimini Bhagwati.
Many factors leading to the 2008 financial crisis still exist.
Bengaluru's average home prices are Rs 4,000 a sq ft.
Bigger than ever, the European Championship kicks off in Paris next month with a four-week feast of football that promises to elevate the game above the corruption scandals and security fears that have overshadowed its build-up.
A Bangladesh cricketer leading any individual world ranking is an achievement in itself but Shakib Al Hasan has raised the bar considerably by topping the all-rounder's charts in all three formats.
The Forbes 30 Under 30 list is harder to get into than Stanford or Harvard University. Meet the desis who made the cut this year.
Sitharaman, who is in Russia on a three-day visit, also met her Chinese counterpart Wei Fenghe on the sidelines of the international security conference.
Can the country afford to have problems of such magnitude in the cities of Gurgaon, Bengaluru, Pune and Hyderabad, which not only are the major growth drivers but are also the biggest revenue contributors in their respective states?
The prospects for strong, sustained economic reforms do not appear to be promising in India.