The HSBC/Markit purchasing managers index for the manufacturing industry stood at 50.1 in July, slightly more than 50.3 in June, indicating a broad stagnation of manufacturing operating conditions in India.
Despite inflation easing, experts see RBI maintaining status quo on Dec 2
Boris Johnson urged the public to contain their impatience against the lockdown.
Investors will maintain a cautious stance.
Zomato, the India-based global restaurant search and discovery business entity, has accelerated plans to get into new products like online food ordering.
Brexit will likely put brakes on the UK's growth prospects.
Sustained dollar unwinding from exporters and banks amid weak overseas trend gave a boost to the rupee
The Reserve Bank of India is widely expected to lower interest rates for a third time this year.
The RBI has targeted 6 percent inflation by January 2016
For withdrawals through cheque, the weekly cap has been hiked to Rs 24,000 from Rs 20,000
Here is all you need to know about the National Population Register and worries over its links with NRC.
The Reserve Bank of India (RBI) is expected to hold its policy interest rate at 6.75 per cent next week to stifle inflation.
'Officers have been made the scapegoat for political failure.' 'No effort has been made to find out who scuttled the prime minister's decision to introduce competitive bidding and why and at whose instance.'
To an award show that's famous for honouring artists belatedly, we have sent as our official entry one of our major film-makers's weakest work yet, feels Sreehari Nair.
'Our policy is pro-Sri Lanka.' 'Burma is not the only girl on the beach in South Asia.''
The review stresses on creating conditions for growth that is employment-friendly.
It was an extraordinary turnaround for an Olympics that was expected to be held without major issues by a country known for public safety and economic stability. It also revealed a fatal miscalculation by Japanese and IOC officials of public sentiment at a time of heightened fears over the coronavirus.
Economic Affairs secretary S C Garg said inflation has consistently come down since 2014 and will not cross 4 per cent this fiscal.
The Reserve Bank has taken some steps to shore up the domestic currency.
'Listing Masood Azhar as a 'global terrorist' was done with Islamabad and Imran Khan's concurrence.' 'It was not prompted by the so-called 'Wuhan spirit'.' 'The relationship between the two 'iron brothers' has not been dented,' points out former RA&W officer and China expert Jayadeva Ranade.
External Affairs Minister Sushma Swaraj on Monday met her Russian counterpart Sergey Lavrov in Moscow and raised several issues.
While a pick-up in summer monsoon rains in recent weeks is expected to cool food inflation, most analysts don't anticipate another rate cut before a new governor is on the job
However, some analysts say RBI Governor Raghuram Rajan may delay the rate cuts amid mounting concerns over the government's fiscal health.
Heavy dollar selling by banks and exporters alongside debt-related inflows largely supported the rupee
'The credibility of the messenger here is highly suspect. This is something which the global community is aware of'
Says impact of crisis in China won't be as big here as in some other countries
The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.
The government on Friday lowered its economic growth forecast.
The repo rate could be reduced by 50 bps in the current year.
The government believes that WTO's push for initiating negotiations on substantive obligations related to e-commerce will oblige India to permanently accept the current moratorium on imposing customs duties on products traded electronically.
The European Commission urged Greece to stick to commitments it has made to reform its economy as Prime Minister Alexis Tsipras called a snap election within hours of new EU bailout cash arriving in Athens.
'There's a lot of confusion. It started because the President's tweet was all-encompassing.' 'It has been watered down over the last few days though to more narrow classes of immigrants.'
Gold slipped to near 5-1/2-year lows on Friday and was on course for a sixth straight weekly fall.
RBI Governor has been under pressure from Finance Ministry.
A memorandum, signed by the chief ministers or finance ministers of Andhra Pradesh, Puducherry, Karnataka, Delhi, West Bengal, Kerala and Punjab, said the terms were disruptive and a cause for concern.
In its mid-quarter review of monetary policy, RBI on Wednesday kept all key interest rates unchanged notwithstanding persistent high inflationary pressure.
'Washington senses that the anchor sheet of India's strategic autonomy lies in its longstanding partnership with Russia, which remains firm and immutable despite the changes in world politics in the post-Cold War era,' notes Ambassador M K Bhadrakumar.<
The RBI may grant licences for setting up small finance and payment banks by April 2015.
China is on the lookout for investment pastures where its money is welcome, safe and earns a decent return. India also needs vast investment - about $1 trillion over the next 10-15 years - in infrastructure, green energy, transportation and heavy industry, says Ravi Bhoothalingam.
the GDP estimates incorporate new source data and modified compilation techniques
