The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.
A staunch defender of demonetisation, it would be interesting to see how he handles the government's increasing demand for more cash from the RBI, and letting some weak banks get out of prompt corrective action.
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.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
Dealers say foreign investors are now taking keen interest in lower-rated corporate bonds, too
The move may release funds locked in government securities and add to liquidity. With inflation expectations lowered, this should not impact bond sentiment in the short run
For July-September, it pegged CPI-based retail inflation at 4.2 per cent which it saw firming up to 4.8 per cent in the second half of the current fiscal.
Retail inflation inches up to 3.77%; IIP growth dips to 3-month low
It is understood that the BCCI wants a formal communication before they head to ICC Disputes Resolution Forum where they are set to counter PCB's compensation claim of US$ 70 million for not honouring the MoU signed in 2014.
The US Federal Reserve has raised its benchmark interest rate by 0.25 per cent, only the second increase in a decade.
'The variables to watch include the monsoon, resolution of NBFC liquidity issues, GST collections, and NPA resolution.'
A combination of farm loan debt waivers by state governments and the implementation of the pay commission award could entail some fiscal slippages and pose a risk to inflation
Here are the key decisions announced by the Reserve Bank of India on Thursday.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy.
The monsoon this year in India was likely to be 'below normal' at 95% of LPA: Skymet
'We don't know how much the Pay Commission outflow will be.'
Reserve Bank of India (RBI) Governor Raghuram Rajan spoke on a host of issues at his last post-policy interaction with the media
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
Lower interest rates needed to boost manufacturing, officials say.
A total of 183 stocks rallied 10 per cent, of which 32 stocks saw price appreciation of 20 per cent each.
'The response to terror is not always reciprocal terror, nor is launching a conventional response the best response.' 'The best response is to make the sponsor pay a price he cannot afford,' says former RA&W chief Vikram Sood.
Prime Minister Narendra Modi's phone call to Trump will help restore a degree of sanity to Indian statecraft and diplomacy, notes Ambassador M K Bhadrakumar.
The expulsion is likely to cloud India-China ties as Narendra Modi visits China for the G-20 Leaders Summit on September 4-5 and Xi Jinping is scheduled to be in Goa for the BRICS meeting on October 15-16.
Sensex in green, midcaps, smallcaps fail to show up; bluechips rule.
The larger virtue of maintaining fiscal credibility should not be unduly diluted by quibbles on the fiscal math, says Sajjid Chinoy.
'One lesson to emerge out of the Modi-Putin summit is that India can be more self-confident that it possesses inherent strengths to leverage its interlocutors to influence Pakistani policies,' says Ambassador M K Bhadrakumar.
The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.
The Japanese prime minister's visit to the memorial in Hawaii, the spot that was bombed 75 years ago, shows that it is possible for two powerful former enemies to transcend recriminatory impulses, observes Rajaram Panda.
'India was in no position to wage another war in 1965, having suffered a morale-shattering defeat in 1962. The three services were in the middle of a modernisation and expansion phase and therefore not fully trained or battle-ready.'
