As the global economy sways into uncertain territories and domestic prices almost certain to rise, Raghuram Rajan's ideas would have come in handy.
The steep decline in commodity prices has reversed.
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
If the projections come true, then India would regain the tag of the fastest growing major economy of the world, crossing China with more than 0.7 percentage point in 2018 and an impressive 1.2 percentage point growth lead in 2019.
Metal shares were the top gainers with Hindalco up over 5%.
In April, the World Bank had projected India's GDP would grow at 6.1 per cent in the current financial year and at 6.7 per cent the following year.
Investor confidence has evaporated amid fears over the rising cost of funding India's gaping current account deficit, prompting New Delhi to delay plans to raise much-needed funds through partial privatisations, finance ministry sources said.
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
Link between oil exploration and markets can be used by India to great advantage.
In the global markets, the US dollar traded lower in early trade after former US Treasury Secretary Larry Summers withdrew himself from the race to be the next Federal Reserve chairman.
From inflation, central bank shifts focus to rupee stability and capital flows.
HAL's HTT-40 aircraft have outperformed both Swiss Pilatus planes and the IAF's performance criteria. Why then does the IAF prefer the Pilatus to the HTT-40?
2016 is difficult to predict, and this uncertainty will drive volatility in global markets.
'Kerala isn't as dependent on agriculture like Bihar or Odisha or even other southern states.' 'Economic losses would not be too intense, unlike other states.' 'The floods could, at best, impact India Inc's earnings for a quarter or two.'
The Indian government and RBI must keep foreign equity investors happy and avoid crushing growth expectations, notes Akash Prakash.
This is the highest closing level since May 11, 2016 when the rupee had finished at 66.56
RBI is expected to cut policy rates by 50 basis points by 2016.
Mark Mobius, co-founder, Mobius Capital Partners, tells Puneet Wadhwa that investors should concentrate more on "value" rather than momentum, and on good small- and medium-sized companies rather than large-caps.
Market recovery on the cards in 2014 as investors are likely to chase higher yields
Sensex, Nifty have lost about 6%, against 0.5-5% decline in other key Asian indices.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
The global economy may just be entering a new phase.
He has had a productive first year at the RBI -- one which saw, also, India's economic imbalances improve and the unexpectedly strong general election outcome.
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
In absolute terms, fiscal deficit went up by 33.6 per cent in April-December 2017 and the revenue deficit by as much as 40.7 per cent compared to the same period the previous year, said Sudipto Mundle.
Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
Devastation struck Venezuela when oil prices started collapsing in 1982, following a global oil glut. The country's economy contracted overnight.
'India needs to adopt a more proactive policy of triggering exports to China.'
India's foreign exchange reserves are at an all-time high.
The finance ministry and RBI must get less conservative and improve co-ordination.
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
The deduction will be higher and net take-home pay will fall.
Since mid-July, the RBI has taken steps to tighten cash conditions, which have failed to support the rupee but sent bond yields surging, posing a fresh threat to the already cooling economy.
Never one to mince words, Rajan will walk away with a mixed legacy
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The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
Modi sarkar will have to undertake reforms to prove its mettle.
Gold has pushed lower as a result of Chinese selling.
We still have time for this government to take action.
The bigger worry is that its effects could linger well into the next financial year.
