Park only savings that need not be touched for many years, says Devangshu Datta.
After a day's respite, the rupee on Wednesday fell by 29 paise, its biggest single day fall in a week, to end at 56.73 today due to heavy dollar demand from importers amid renewed concerns over withdrawal of US monetary stimulus.
The market could be influenced by events elsewhere in the world and regardless of what happens to India's economy
The 30-share Sensex is down 359 points at 26,378 and the Nifty has dropped 78 points to trade at 7,883
India is likely to attract increasing notice from global investors.
Growth acceleration will be gradual and it is still early days for a sharp recovery, says Gautam Chhaochharia, executive director and head of India research, UBS.
There are some advantages of a falling rupee.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
A comprehensive solution involves a complete overhaul of our education and training model.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
The more one thinks about it, the more difficult it is to see how India will be able to reap the benefits of a demographic dividend, says Aakar Patel.
Substantial gains can still be made with good policies and initiatives.
An ambitious long-term vision to ensure economic connectivity between India and the rest of Southern Asia is critical to India's trade policy objectives.
Although the current long-term bullish trend is intact, markets are awaiting clarity on the taper and the Assembly election results.
After Pyongyang tests a missile potentially capable of reaching the US, Dr Rajaram Panda explores the realistic -- and peaceful -- options before Donald Trump and the international community at large.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
Here is the full text of the joint statement issued by India and the US.
Though growth in China is unlikely to slow down soon, India should prepare to take advantage of a shifting of gears there.
A review of key pronouncements he made in his first Independence Day Speech on August 15, 2014.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
Prime Minister Narendra Modi's maiden speech from Red Fort last Independence Day outlined some grand programmes. Shehzad Poonawalla does a quick check on the progress made.
Raghuram Rajan speaks on the unscheduled rate cut.
The ball is now in the Reserve Bank of India's court to lift up demand, says Ajay S Shriram.
The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
Indian economy about to take-off