Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
To ease the process of decision making while buying a house, we have put together important factors you need to consider.
Oil Minister M Veerappa Moily has suggested pricking the ballooning oil bill with everything from a street theatre campaign encouraging lower fuel use, to shutting fuel stations, to increasing imports from Iran.
'His popularity is still high; respect for his intellect and integrity is still discernible; but his long night may just be beginning,' says Ambassador B S Prakash.
The New Delhi-born Krishnamoorthi, a lifelong progressive, was always the front-runner in the race against Republican Peter DiCianni. They were vying for the seat vacated by Tammy Duckworth, who won Illinois's US Senate seat.
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Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
Online and mobile based personal finance applications have gained importance over the past few years.
It is for the companies and the industry to ascertain where they want to run with the US-India civilian nuclear agreements reached by Washington and New Delhi, says United States Assistant Secretary of State Nisha Biswal. Aziz Haniffa reports for Rediff.com from Washington, DC
Nifty snaps 10-day winning streak
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Ayurvedic expert Dr G G Gangadharan on how the ancient Indian medical practice needs to be propagated in the country of its origin
Aam Aadmi Party chief spokesperson Yogendra Yadav tells Somesh Jha how Delhi has moved beyond Shahi Imam-type politics. Yadav also takes a dig at Finance Minister Arun Jaitley, and says the AAP had formulated its policies on the streets, unlike the Bharatiya Janata Party.
'If Facebook were a country, it would be the third most populous one and the most connected.'
'It is in the interest of both sides that the visit of the US President is seen as being successful. Both sides have invested considerable political capital in it. This rapid exchange of visits and the decisions taken have to be justified, beyond the symbolism, which is no doubt important in itself. This opportunity to impart a fresh momentum to ties should not be missed,' says former foreign secretary Kanwal Sibal.
Economist S Janakarajan, in an interview to Shobha Warrier/Rediff.com warns that without proper infrastructure, India will never be able to build a market economy.
Jayapur, with a population of a little over 4,200, was like most other villages before Prime Minister Narendra Modi adopted it on November 7.
'Can we forgive the pathologist who wrongly labelled a healthy person as a diabetic patient for receiving the favour of the referring physician and possibly for a few thousand rupees?' 'The delinquent homeopath who caused a cataract in a child by giving terribly wrong drug must go to jail.' 'How can we permit a gynaecologist to practice her/his specialty if s/he tinkers with the faith of the patient in an abhorrent way?' 'Paying money does not guarantee good healthcare. The private healthcare system largely treats patients as revenue generators,' crusading doctor Dr Arun Gadre tells Dr K S Parthasarathy.
'The overall stress on asset quality is indeed coming down.'
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
The new equation between 'Namo' and 'Barack' may well 'convert a good start into lasting progress.'
Staying invested for a long time and making money in the process requires patience, strategy and discipline.
'There is too much news about film stars. There is too much fawning over wealth and power. There is a grey area between seriousness and triviality in news reporting now.' 'Mumbai is still a magnet. All the politicians have property in Mumbai. Politicians are the biggest racketeers here.' Olga Tellis, the legendary reporter who completed 50 years in journalism, tells A Ganesh Nadar/Rediff.com about her life and experiences.
To begin, the Budget has no doubt attempted to address uncertainty.
Budget in the medium term aims to kick-start the investment cycle.
Chairman of Manipal Global Education Services says that the government often forgets that its prime duty is to serve the people and not some sick public sector units.
Vistara needs to launch more aircraft into service.
'We need to put aside our anxieties about the Budget for now and possibly for long, and carry on as best as we can,' advises Shreekant Sambrani.
The strong Modi wave, disillusionment with the Akhilesh Yadav-led government in the state and the division of the anti-Modi vote will help the BJP leader edge closer to the PM's chair, observes Sharat Pradhan.
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.
Who would have thought that tales of gods would sell in millions? But Amish, with his unique narrative vision, has captured the heart of the Indian reader
Negotiating a sustainable compromise with Iran is not getting any easier, and this delay might not yield the desired result of bringing Tehran's nuclear programme under stringent limits, says Claude Smadja
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
In the near term, the key driver will still be the government's fiscal spending.
'Please, ye gods of Bollywood: Someday, give us a tightly edited film, with believable characters and dialogue, definitely without endless close-ups of dabbas. Then maybe you won't need to moan mournfully about missing the Oscar bus with a film that doesn't belong there anyway,' says Dilip D'Souza.
Single window clearances for realty must.
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.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
'Modi's investment in the relationship with Washington is the biggest deliverable of this visit. He means business and that's fantastic!'
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
Indian economy about to take-off
India Inc has few leaders who are likely to grab headlines in 2015.
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