Curbing the federal deficit is the government's absolute priority on February 28.
Political observers have said that the TMC, now desperate to shed the 'anti-Hindu' tag and embrace 'soft Hindutva', is carefully planning its moves, with help from poll strategist Prashant Kishor and team, as is evident from its decisions to organise Brahmin Sammelan, provide sops to Sanatan Brahmins, and financial aid to Durga puja committees.
The opposition on Thursday criticised as mere "fluff" and "gimmickry" the government's decision to restructure Planning Commission and rechristen it "Neeti Ayog" and voiced apprehension that it will discriminate against the states and help "corporates call the shots" in policy making.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
For existing investors, it may be prudent to redeem their current investments in gilt or dynamic schemes and invest it in short-term funds, if the exit load is not very high, advises Malhar Majumder.
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
India's gold holding in forex reserves rose to 560.3 tonnes by the end of March 2018.
The average bank customer does not know about the Customer Charter because it was designed - under Mr Rajan's regime - to be a lame duck initiative from the start: violating the charter has no consequences, points out, Debashis Basu.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
'We forecast real GDP growth to moderate to 6.7 per cent in the year ending March 2018.' 'However, as disruption fades, we expect to see a rebound in real GDP growth to 7.5 per cent in the next fiscal year.'
After Chakrabarty's exit there will be two vacancies for deputy governors in the central bank.
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Given the 18-day government shutdown in the US and the likelihood for continued wrangling between the Democrats and the Republicans, it now looks like tapering may be off the table till the first quarter of 2014.
The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday.
'Rajan brought in a healthy air of competition in the banking sector.'
But experts say downside limited, pockets of opportunities for investors
India has just had one of the worst quarters in export earnings.
Giving details of Rajan's 'course schedule' for 2016-17, Chicago Booth School said this course will explore the challenges of corporate finance and investment in a more integrated global economy.
While they have restructured loans, there is still question mark over the success of such a work-out
There will very little direct impact from the US Fed's rate hike this time, as we are well prepared both to handle liquidity, outflow of FII funds and managing our currency. But that doesn't mean India will be out of the woods anytime soon, says M V Subramanian.
It is time to shrug off the ideological shackles about the way we work, play and live, says Ajit Balakrishnan.
Substantial gains can still be made with good policies and initiatives.
Reacting to Trump's latest move, China has vowed to immediately retaliate.
When Taragauri Doshi's husband died, an assessing officer wanted to tax the proceeds from a life insurance policy that had been bought abroad. Homi Mistry, Mousami Nagarsenkar & Hiral Tanna explain why such proceeds are not taxable in India.
The government is somehow convinced that selective low-rate lending will stimulate demand and accelerate economic growth that plunged to a four-year low of 4.4 per cent in the first three months of 2013-14.
'Whom do I want to marry and what decisions I make for marrying the person I love are totally personal decisions, in which neither the State nor the courts have any right to interfere.'
We're behaving like frogs in warm water. We swim around untroubled, cooled by our faith in Indian liberal democracy. We are blind to the bubbles popping around us, the bubbles warning of fundamental changes, says Mihir S Sharma.
With 75 per cent of votes counted, the ND party was leading with 39.6 per cent of total votes heading towards a majority in the 300-member Greek Parliament, while Tsipras' leftist Syriza was behind with 31.6 per cent of total votes, CNN reported.
It said there is no part of the country that he did not visit during the 125 days between December 25 and May 1 as he crisscrossed from Kashmir to Kanyakumari and Jamnagar to Silchar, while speaking to students to scientists, farmers, entrepreneurs, foreign heads of state and political workers.
'The rupee falling from 69 to 72 was not normal or justified by the fundamentals.' 'And therefore I treat this as temporary.'
Budget should raise revenues & reduce spending to increase capital expenditure.
The US wants action against the existing safe havens of the Taliban and the Haqqani network and demolish its ability to carry out strikes across the border in Afghanistan.
To do so, the government will have to tackle a number of broad development challenges successfully, says Shankar Acharya
How should you, as a consumer, be prepared for a rate cut, if any? Read on to find out more.
Emerging market currencies including Indian rupee are likely to remain under pressure, though depreciation is expected to slow from here, Barclays said in a research report.
'We should hope and pray that the PM's sentiment is not held ransom by machinations and craftiness of a few junior babus who throw in an imaginary impediment at every welfare measure and snigger and giggle at the sidelines every time a soldier is ill at ease,' says Major Navdeep Singh on the one rank one pension debate.
2014 was a year for downturn for most economies across the globe.
The US has been in discussions with Pakistan but there has been not a 'sufficient amount of action' from it against terrorists.
'...Unless we muck up our policies.' 'We have to become a modernised economy.' 'Our institutions should be stronger. And that is most important.' 'The rule of law should prevail and contracts should be enforced.' 'Above all, we have to recognise the importance of globalisation.' 'It is in our favour at this stage. We should grow and become globally competitive.'
He also said that post demonetisation, black money, which was part of a parallel economy, has now become part of the formal system.
Forex dealers said besides a lower opening in the domestic equity market on fears of a rate hike by the Reserve Bank, higher demand for the American currency from importers put pressure on the rupee but dollar's weakness against other currencies overseas, capped the fall.
