Rajan had overturned the majority opinion of the members and chose to hold the rates at the last monetary policy review in October.
Foreign brokerage Bank of America Merrill Lynch (BofAML) on Friday said a "dovish" Reserve Bank will slash key interest rates by 0.25 per cent at the February review meet and will do cuts of 0.75 per cent in 2015.
Inflows from Europe, falling crude oil to come to the rescue if rupee cracks against the dollar.
Brokerage firm Bank of America Merrill Lynch (BofA-ML) on Monday said the ongoing US government shutdown is positive for the country, as it gives additional time to recoup the forex reserves.
For growth sustain at these levels, private services need to recover.
Nearly 150 companies visited the campus this year.
RBI has, since January, cut its policy rate four times.
The Reserve Bank may cut key interest rates as early as this week.
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GEM fund managers more overweight on India than ever before says Bofa-ML report.
Global growth expectations have slumped to a five-month low.
While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local incorporation model, says Raghu Mohan.
RBI would get the comfort of meeting its 8 per cent January Consumer Price Index-based inflation target, BofA-ML said, adding that 'we expect the RBI to cut 75 bp in 2015 from February with inflation on course to 6 per cent in January 2016'.
On Friday, the euro weakened to a near 14-month-low against the dollar, after the European Central Bank announced a fresh round of stimulus and promised more if required.
RIL, as well as its partner Pioneer Natural Resources Co, are seeking a buyer for their stakes in Eagle Ford Midstream venture as they focus on shale oil production.
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Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
According to experts, banks have found better arbitrage opportunities in dollar terms in mature economies with mortgage and leverage rather than take equity exposure on Indian real estate.
The sharp fall in rupee since the beginning of May will make things difficult for the central bank which is on the path of easing the monetary policy to revive growth.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
BlackBerry has signed a letter of intent agreement under which a consortium to be led by Fairfax Financial Holdings Limited has offered to acquire the company subject to due diligence, it said in a statement.
RBI is committed to bringing down retail inflation to eight per cent by January 2015 and six per cent by January 2016.
BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm
His advice was to always start with small positions because we are bound to make mistakes; and remain humble because the markets can be merciless, remembers Debashis Basu.
Hailstorms may cause Rs 12k-cr crop damage, El Nino a bigger worry.
The British pound was down nearly 9 per cent in early morning trade.
In the past two weeks China has cut interest rates.
Though Indian banks don't have large exposure to subprime mortgages, analysts are worried at the rise in their restructured loan portfolios and deterioration in credit quality.
Bullion may settle with limited upside potential
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
It will be the first to go, in what has become an overcrowded segment since India first allowed futures trading in commodities in 2003.
In a recent report, BofA-ML suggests investors to track these six event risks in July apart from the Greek drama
Maruti is expected to post double-digit growth on product launches and good demand for entry-level cars.
Bank of America Merrill Lynch on Monday trimmed India's economic growth estimates by 30 basis points to 7.1 per cent for the current fiscal, while global financial services giant Morgan Stanley downgraded its GDP growth forecast for the current fiscal to 7.3 per cent from the earlier 7.7 per cent.
Gold has held up better than many expected.
Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales. Cars24 now enjoys more than 90 per cent market share among all other similar online transaction platforms. Dhruv Munjal traces the birth of this used-cars platform.
Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand over to shareholders its prized e-commerce investment valued at roughly $40 billion.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
He is the man behind Blackstone's India strategy
Move by Swiss cement major Holcim to simplify its Indian structure has not gone down well with institutional investors.
News of all that transpired on and off the football field
A mixed global trend and weakness in rupee influenced the sentiments during the day.
