RBI awaits fiscal stance, inflation to cool off to decide on rates.
BSE Mid-cap index ended lower by over 2.5% and BSE Small-cap index tumbled over 3%.
Gold has risen sharply due to rising risk aversion
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
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The trade deficit makes up an important part of the current account deficit, which had touched an all-time high of 4.8 per cent in 2012-13.
The progress on US debt ceiling talks, domestic inflation numbers and second quarter earnings of companies are expected to keep investors busy in the truncated trading week ahead.
A combination of reduced cash intensity, a focused strategy of tax administration and GST is the way to go, say Sakshi Gupta, Tanvi Garg and Abheek Barua.
The fuzziness of Trump's economic blueprint remains the biggest risk.
The trinity of rising stocks, rising yields and rising dollar since Donald Trump's election has already faced a setback.
The markets, at this point, have rallied on the view that the Fed will not budge from the zero-bound as long as inflation remains subdued
Asian emerging market stock prices did see a bounce post Fed-talk.
Balance is needed in selecting members for the proposed monetary policy committee, says Abheek Barua.
Sectors such as Auto, Banks, Capital Goods, FMCG, Metal, Oil & Gas and Power are trading marginally lower.
Reducing policy rates is not enough. The key is to ensure banks lend to credit-constrained borrowers.
The Economic Survey seems convinced that 2019-2020 saw the bottom of the economic cycle, points out Abheek Barua, chief economist, HDFC Bank.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Hailing the announcement of Raghuram G Rajan as the new RBI Governor, India Inc on Tuesday said the appointment of the former IMF Chief Economist will help bring the economy back on growth path.
To neutralise this, RBI has been doing forward swaps
The economy hasn't gathered even half the traction that some of us assumed it would just a year back.
China's devaluation creates new risk in global financial markets and could prolong the West's slowdown.
We need a change in mindset, says the RBI Governor.
Modi govt has a unique style of working, say experts.
RBI's out-of-turn rate cut has surprise few economists.
Kolkata's creme de la creme turned up at the launch of Bandhan, The Making of a Bank, but the evening nevertheless had an informal touch typical of the young bank with CMD Chandra Shekhar Ghosh personally welcoming the dignitaries, reports Indrani Roy/Rediff.com.
Parekh says drafting new I-T law is hindered by the lack of experience.
The broader markets, however, outperformed their larger peers.
To cut interest rates, the central bank head has to open up a debate on inflation target revision.
For one thing, US Fed Chairman Ben Bernanke was perhaps right in postponing the quantitative easing taper even though the markets had complained at that time that they were primed for some reduction in QE3 and the Fed had missed an opportunity to execute their plans without causing too much of a flutter.
A comprehensive solution involves a complete overhaul of our education and training model.
If the RBI governor's logic holds, the rupee is far from being extremely overvalued.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'
Starting April 1, a non-executive director of 75 years or more can be appointed or re-appointed only by way of a special resolution, which requires 75 per cent 'for' votes.
2016 is difficult to predict, and this uncertainty will drive volatility in global markets.
Financials ended mixed despite the status-quo on key rates by the RBI. SBI, ICICI Bank and Axis Bank ended up 0.4-2.5% each.
It is important to note that slowdown in activity is really confined to a selected few regions within China.
The principal challenge for Rajan's successor is to work with the Bank Board Bureau and the finance ministry to complete these processes of banking reform.
The Sensex had bounced back with gains of 94 points or 0.3%
The Budget decides to take the lead in revving up infrastructure.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
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