Improved performance of manufacturing, services and trade sectors helped boost GDP
Given the developments, analysts do not foresee a quick recovery.
The local markets are expected to react to global triggers until the government announces the Union Budget.
'It has taken bombings in Beirut, bombing of a Russian airliner and now terror attacks in Paris for people to realise that we are not going to achieve our objectives of destroying ISIS if we drive in second gear. We need to get into top gear.'
'Urjit Patel was not quite the picture of courage, but even he turned, he had to turn.' 'Perhaps there is something that is far more sinister than what we are aware of, which is the reason for his resigation.'
Without reforms to boost returns for multinational capital, Narendra Modi's 'Make in India' campaign will face testing times.
American media has taken a critical view of his accomplishments, saying his flagship 'Make in India' drive is "so far mostly hype."
If you are not already lost in the zeros this wealth stands at Rs 257 lakh crore or Rs 257 trillion, according to a report unveiled by Karvy Private Wealth for the year 2014.
Mere shuffling of resources or cosmetic changes to prove a point would be counterproductive in the long run, observes Commodore Venugoptal Menon (retd).
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
Mohandas Pai took part in an hour-long chat on rediff.com
The CPEC poses a clear and imminent danger to Indian security interests, says Kulbir Krishan.
FMCG, automobile industries say if GST regime kicks in, rail hubs can take Make in India to a new high.
The proposal to levy a 'super-rich' tax, at the rate of 35 per cent, on those earning more than Rs 10 crore a year might not receive support of the Union Cabinet.
After two surprising, successive rate cuts in January and February 2015, RBI governor Raghuram Rajan decided not to reduce them further in his first policy announcement in the new financial year. Is he playing spoilsport for consumers of homes and cars?
While global uncertainty has led to a rise in prices in 2016, there is still a lot of doubt regarding its future.
Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
There are many collateral advantages of taking the tough decision.
The government has unleashed a slew of reforms to attract greater investments including higher foreign direct investment in defence and opening up the railways infrastructure sector, relaxed labour laws, launched campaigns like the Make in India for re-invigorating manufacturing, Clean India and Digital India, among others.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
'No private project will take off at such high interest rates'
China's economy is in transition, with rising wage costs and massive overcapacity.
Markets could slide again owing to conditions in Europe and the US.
The 30-share Sensex ended down 556 points at 27,886 and the 50-share Nifty ended down 158 points at 8,444.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
C K Ranganathan, CMD of the $12.50 billion CavinKare, in an interview with Shobha Warrier/Rediff.com, says though he sees signs of improvement everywhere, the Modi government has a long way to go to make the country business friendly
Be it roads, railways, ports, civil aviation, energy or electricity, the Narendra Modi govt has invigorated all these sectors since it took over, says Arvind Panagariya.
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
Around 40% of India Inc feels that Modi govt's biggest weakness in the last 6 months has been its slow pace of economic reforms.
India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
A government that confuses PowerPoints for policy is delaying structural change too much.
The automobile segment is our preferred area, and old favourites such as Tata Motors, Bajaj and Maruti Suzuki continue to entice us.
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
The Trump regime has informed the Congress that it 'strongly supports' transfers of F-18 and F-16 fighter proposals put forth by Boeing and Lockheed Martin respectively.
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.
Does the rally reflect expectations of improving fundamentals or they are likely to correct?
Livelihoods and lives are being destroyed in the name of building a 'better' India, writes Congress leader Sachin Pilot, in an exclusive column for Rediff.com.
With Narendra Modi about to make his first Independence Day speech, there is a buzz in Delhi that Modi will make some big announcements to signal major reforms and directional shifts. But we have to wait and see if it happens, says Mohan Guruswamy.
