The policy statement by the RBI governor is also expected to be upbeat.
India's banks rely on overnight borrowings to fund longer-term lending.
Srinivas Bhogle and Purnendu Maji reveal Rediff's Most Valuable Players in IPL 10.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after Game 51 in IPL 10.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
Delhi Daredevils all-rounder Chris Morris has 12 wickets, at a better-than-par economy rate of 6.6 (the par economy rate is 8 runs conceded per over), and scored 74 runs at a staggering strike rate of almost 240 (the par strike rate is 133 runs in 100 balls).
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
The exhaust note of the Kawasaki Ninja ZX-14R 2016 is quite muffled and it can pass by without being noticed by the way it sounds. This is the reason why I call it a Silent Killer. It can crush egos of anybody on the road, in a quiet and refined fashion. This is a bike for the matured, experienced and serious rider
The Reserve Bank of India unexpectedly raised its policy interest rate on Tuesday by 25 basis points (bps) but said that if consumer price inflation eases as projected, it does not foresee further near-term tightening.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player standings after the 30th game in IPL 10.
Here are 10 global and domestic factors.
'The big elephant in the room is our misguided view about the rupee.' 'India is scared that if our currency appreciates, who will buy from us. But a breakout is inevitable.'
ActiveHybrid7 is a full-sized gas-electric luxury sedan, offered in the long wheelbase 740Li trim.
There is no such thing as 'free' credit cards. Most of the charges associated with your card are not even told upfront to you. Knowing about these various fees and charges will put you in good stead and help you use your card prudently.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player ratings for the ongoing IPL 8.
Technically, the Indian economy is on road to recovery.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
Once the US dollar launches into its final bull leg from the 79 region towards 84, the appreciating currency should put a lot of pressure on commodities that will perhaps trigger the capitulation that the market needs in commodities liker gold, silver and WTI crude, says Sonali Ranade.
Rediff readers share their Cash Crisis experiences.
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RBI's forex swap window for oil marketing companies addresses an urgent issue but what happens when the dollars have to be returned?
In-form Virat Kohli leads the MVP rankings in the IPL with a MVPI of 1062 but David Warner, enjoying a sensational run with the bat and currently at third with a MVPI of 878, has the RCB captain in his sights.
If a public sector company willfully enters into an agreement with a foreign vendor and abdicates its right to recourse which otherwise provides for its benefit, it would not only be violating the provisions of the Civil Liability for Nuclear Damages Act but also section 13(1)(d) of the Prevention of Corruption Act, notes Leader of Opposition in Rajya Sabha Arun Jaitley
Srinivas Bhogle and Purnendu Maji analyse IPL performances in Rediff.com's Most Valuable Players ratings.
In the near term, two key factors are the outcome of the monsoon season in respect to cropping yields; and the correction in the crude oil price.
With a MVPI of 1128 the Royal Challengers Bangalore captain has set records that even he might find hard to surpass.
With a MVPI of 619, David Warner is currently IPL 8's most successful player. A B de Villiers (603), after his recent magic at Wankhede stadium, is just behind, and could still be this IPL's top player if Royal Challengers Bangalore can make it to the semi-finals.
Andre Russell of Kolkata Knight Riders (KKR) is emerging as the player offering the best performance at the lowest cost.
IPL 8 is past the half-way mark, and Andre Russell of Kolkata Knight Riders (KKR) is emerging.
Computer whiz Jefferson Prince, who has built a 70-employee gaming company from scratch, tells S Saraswathi about motivations and challenges of entrepreneurship.
Transcript of the Ganesh Natarajan chat on rediff on Friday.
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