Rajan's deputy Khan cautions against early celebration of falling inflation, unhedged forex exposure.
We have a government with an extremely weak economic team advising a PM who hardly pays attention to their thoughts, says Jayanta Roy.
'Rajan's exit will have a great impact on the economy.'
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
Gold has pushed lower as a result of Chinese selling.
Mr Prabhu has a big challenge ahead in implementing trade reforms to regain the lost export momentum, says Jayanta Roy.
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
Forex dealers said besides the dollar's gains against other currencies overseas, increased demand from importers for the American unit put pressure on the rupee but a higher opening in the domestic equity market capped losses.
The muted CPI inflation print at 5% earlier this week, followed by a similar WPI number released Wednesday, seems to have spurred India's central bank into action, is how the economists are reading into Reserve Bank of India governor Raghuram Rajan's 25 basis point cut in repo rate.
Economists warn of the impact that a Fed rate rise could have on emerging economies.
The post-crisis debate on capital account management focuses on matching instruments with vulnerabilities.
Data on the real value of the currency against other currencies tells a different story.
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
The US Federal Reserve has decided to keep its stimulus programme intact and this in turn will lead to some respite for the battered emerging market economies, but it should also be borne in mind that tapering is inevitable in the medium term.
Given that there are hundreds of players in the shadow banking space, it's hard to make a credible estimate of potential NPAs. That creates more scope for panic, says Devangshu Datta.
Of the 30-share Sensex, 13 ended higher, while 17 led by Power Grid, Tata Steel, Bajaj Auto, Hero MotoCorp, NTPC, Tata Motors, Dr Reddy's, M&M, GAIL, Infosys and L&T finished lower, fell by up to 2.40 per cent
The best available recourse to keep the defence sector healthy, is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow within the country, recommends says Brigadier S K Chatterji (retd).
'As his close associate Som Pal told me, "Mandal was never V P Singh's brainchild. It was a Janata Party commitment he inherited".' 'He would have done it anyway at some point, but the specific timing of his decision was dictated entirely by political exigency -- his government was threatened.' 'It also turned out to be a game changer in Indian politics.'
'The hardliners in Delhi are in for a big disappointment,' predicts Ambassador M K Bhadrakumar.
While enjoying long-awaited economic good times - and hoping they will last as long as possible - some caution and some prudence might be the best protection against bad surprises, says Claude Smadja.
Any correction in Indian equities is an opportunity for investors to put in money for the long term
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
Buying activity was so strong that all the sectoral indices except IT and technology ended in the green, rising by up to 3 per cent
The non-oil, non-finance sector of the economy is under severe stress.
'Modi and his team have read the message from the ground.' 'People have started questioning what they have achieved by putting Modi in power.'
Bank of Baroda ended flat after sharp gains in the previous session.
India will have to devise policies to ensure overall growth in FY16.
The banks says that valuations are reasonable.
In India we have to be careful not to copy any level of dependence on the financial sector and infatuation with the get-rich-quick syndrome, says Jaimini Bhagwati.
Some experts, however, see a silver lining in the fall and said the volatility has come down sharply and that bodes well for the Indian currency
Asian emerging market stock prices did see a bounce post Fed-talk.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
The court also made clear that the second opportunity has been granted to the citizens keeping in mind the "magnitude" of the issue.
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
The new Land Acquisition Act to provide just and fair compensation to farmers came into force from January 1, 2014.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
Short-term gains are always unpredictable.
Election results, diesel & gas pricing moves, labour law changes - all stoke anticipation of more cheer ahead.
