'Increased allocations for MNREGA could have provided the much needed push to rural demand and consumption at a time when recovery continues to remain uneven.'
The stock markets, which had opened in the green on rate cut hopes, tumbled after the monetary policy announcement.
Non-performing loans in the Chinese banking system stood at RMB 1.27 trillion at the end of 2015.
Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.
Political risk culminating from elections in the US and Latin America, and evolving right-wing populism in Europe could lead to substantial volatility, say Abheek Barua & Tushar Arora.
India Inc has pitched for rate cut to boost economic activities.
'China could place the currency on a par with global biggies. But it has to wait to be a serious challenger.'
China is keen to rebalance its economy towards higher consumption, services, technology use and value-added exports. The hope is that its currency will strengthen as the world embraces it as a global trade and reserve currency, say Abheek Barua & Bidisha Ganguly.
The Survey shows fiscal consolidation despite slowdown in growth.
India's rupee is likely to remain under pressure due to high prices of crude oil and other commodities, and may stabilise at around 79-80 against the US dollar in the near term, say experts amid limited headroom available with the Reserve Bank to check the weakening of the domestic currency. The currency has slumped over 5 per cent this year after Russia's invasion of Ukraine sent international crude oil prices soaring to a decade high. On Monday, rupee ended at a fresh all-time low of 78.34 (provisional) against the US dollar.
The Reserve Bank is unlikely to lower the interest rates.
The RBI must cut rates to spur growth, say experts.
In absolute terms, the year closed with the market capitalisation of all BSE-listed companies rising by Rs 45.5 lakh crore to Rs 152 lakh crore, or an increase of 42.8 per cent, compared to the closing value on December 30, 2016, says Pavan Burugula.
The unemployment situation is becoming increasingly acute.
Globalisation with small government has not been a successful pairing.
The next round of bad news could come from Europe, where banks in a number of economies such as Italy, Portugal and Greece are sitting on mountains of bad loans.
RBI's surprise rate cut has revived sentiments of India Inc.
Foreign exchange reserves of the oil producers have increased by $1.1 trillion over the past decade.
Abheek Barua & Bidisha Ganguly explain why the US treasury should intervene if the overvalued greenback continues to rise.
OPEC's move to cut output has pushed up oil prices. From here it could go either way: oil could reach $100/barrel or an analysis of demand and supply might follow, say Abheek Barua & Bidisha Ganguly.
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
Germany is now sitting on a mountain of savings.
Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US
The silver lining is that a pick-up in the US economy could help emerging market exports.
The NDA government was initially reticent about fleshing out its economic strategy for the future. But now that it has taken enough bold initiatives on the economic front it must have the confidence to tell us more about its approach going forward, says Abheek Barua.
India's central bank kept its key repo lending rate unchanged at 6.75 percent on Tuesday.
China's move to devalue its currency has exposed the fragility of its economy.
The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.
Can we find fault with RBI for not intervening enough in the market? Actually no, say some experts. A correction in rupee was long overdue.
ITC was the top laggard in the Sensex pack, tanking 6.97 per cent, followed by L&T, HDFC, SBI, ONGC, ICICI Bank and IndusInd Bank.
'Make cash available now, don't put people into suffering.' 'You should not come to a situation where the operation was successful and the patient is dying.' 'What did not happen in India for several years, you cannot do in 50 days.' 'This is agony and pain.'
The fact that the US recovery needs an elaborate defence suggests that things are far from certain.
The markets stayed on edge last week due to the endless saga of Greece's problems.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
he reason behind the cut in policy rate seems to be a slowing economy
The majority in the markets believe that a September lift-off is likely.
Ajit Balakrishnan on understanding the anti-cash chorus.
There is a sharp difference between the total remuneration paid at the public sector and private sector entities
Economist Abheek Barua's insight into the global and domestic economy at the turn of the financial year.
Many things are going unnoticed by India watchers.
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