The rising trend in silver continued to remain unabated in the bullion market on Monday as the metal surged further to close at an all-time high of Rs 10,155 pre kg due to thin supply after a steep rally in the global prices.
Finance Minister P Chidambaram on said that financing current account deficit (CAD) year after year is a challenge and the only way to deal with the problem is by increasing exports.
Imports rise at highest pace in more than 2 years as crude oil price spikes.
The crackdown on black money has manifested itself in a doubling in outward remittances as black money attempts to leave India.
On the rupee, it expects some appreciation pressure on in the near term from greater portfolio flows.
'Long-term retail investors should not worry about these sharp dips and jumps if they have chosen their stocks wisely.' 'Short-term volatility is a given and a rise and fall of two-three per cent should not worry them.'
India's exports are estimated to have remained at around $312 billion in 2013, while the final figures for 2014 could be around this figure only.
A stronger dollar makes oil more expensive because it raises the cost for imports for most of the world's countries
Many economists say only a substantial rise from October would point to a real recovery.
S Naren, CIO of ICICI Prudential Mutual Fund, in an interview with Chandan Kishore Kant, says cyclicals will offer good value.
Controversial godwoman Radhe Maa has often been slammed for her ostentatious lifestyle. Yet her ardent devotees have chosen to ignore critics and immerse themselves in her 'aura'. But recent developments may have left them shocked... and contemplating!
The inflow of cheap capital has also kept the rupee at a high level, making exports uncompetitive and broadening the current account deficit despite falling oil prices.
'Kerala isn't as dependent on agriculture like Bihar or Odisha or even other southern states.' 'Economic losses would not be too intense, unlike other states.' 'The floods could, at best, impact India Inc's earnings for a quarter or two.'
Exports had risen over 11 per cent in July, year-on-year.
A good monsoon would translate into demand pickup across multiple sectors.
India's exports dipped deeper in the negative zone.
Euro-zone growth could improve because of (a) reduced pace of fiscal tightening and (b) stronger exports, but weak domestic demand and a fragile banking system could increase deflation risks that could force the European Central Bank to turn further accommodative.
Over the past week, the Sensex and the Nifty continued the bull-run
Markets in countries whose economic fortunes were closely linked to China's growth tumbled.
In the second of a six-part series, Sanjay Jog of Business Standard walks across the streets of Indore to find out how it has been hit by demonetisation.
Investors will keenly watch out for the Futures & Options expiry for July on Thursday
Where do the commodities market go in the new year? Sonali Ranade offers an insight.
EM asset classes could rally if the pace of US Federal Reserve rate increases moderates.
Bhanu Athaiya on the films she has designed for, how Gandhi happened, and what it means to be a woman in a man's world.
Dalal Street is bullish on invest
Broking firm Jefferies says Indian financial system is now flooded with the kind of liquidity witnessed in 2005-07 and 2009-10
In spite of an overall healthy rise in exports, there are many traditional sectors which used to be the mainstay of India's exports in the past, but are now suffering from significant weaknesses, says A K Bhattacharya.
Remember, your oral hygiene does not depend on the number of times you brush.
The AIADMK supremo retained 13 of her ministers, who were in the previous cabinet, besides inducting 17 new faces including four women.
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
The curse of stardom, especially in a country like India -- which wants its Gods to be tidy and punctilious -- is that stardom forces you to stop exploring the frozen sea inside you, and instead inspires you more and more to perform out of a small puddle, observes Sreehari Nair.
Bank credit growth, still sluggish, could see a rise if the Reserve Bank of India decides to cut interest rates, believes Ashima Goyal.
Optimism about a stable govt at the Centre, a demand revival and falling oil prices buoyed the markets.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
Global markets could correct 5-10 per cent. If that happens, Indian markets will correct about 10 per cent
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
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India's economic growth slipped to decade low of 5 per cent in 2012-13 and in the current fiscal it estimated to be around the same level.
BCCI's decision to not send Indian teams for the Asian Games drew sharp criticism from the Olympic Council of Asia (OCA) on Saturday, which accused the influential cricket board of treating the sport just as a business venture.
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