the RBI will need to fulfil its April 4 pledge to avoid liquidity shortages.
The second half of June could be driven more or less by technical factors triggered by news flow from Greece, the US Federal Reserve and the monsoon. The technical picture seems bearish as of now, says Devangshu Datta.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Money will flow to Europe, Japan - and the emerging markets, including India.
The longer it takes for RBI and the government to stabilise monetary conditions in the economy, the more severe and long lasting will be the damage caused to various sectors of the economy, especially to the informal sector, says Rajeswari Sengupta. Rajeswari Sengupta discusses the impact of this move on money supply, output and prices, in the short- and medium-term.
With commodity markets remaining soft and uncertain, it is likely the money will flow into equity markets with strong upsides, such as India.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Beyond the barbed wire and watchtowers, though, lies a story that casts more than a little doubt on whether this dream will ever be realised. Praveen Swami reports.
There could be rejig at top level at SpiceJet.
Pricing can help prioritise the best use of conservation efforts and funding
Japan's Nikkei fell 0.5% and South Korea's Kospi lost 1.3%.
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
We need a change in mindset, says the RBI Governor.
Investors with stalled projects and mounting bad debt will refinance their loans.
History would indicate that a recession is not that far off.
Finance Minister Arun Jaitley presented the Union Budget.
After hitting a record low of 68.85 to the dollar last week, a Reuters poll suggests the rupee will stabilise at 66 to the dollar by the end of September, while technical charts also point to a period of relative calm.
A government that confuses PowerPoints for policy is delaying structural change too much.
RBI Governor Raghuram Rajan wanted to improve training for staff, through initiatives such as sending them to other central banks for short stints.
Over to the government how they manage the uncertainty of monsoon and revive spending in order to entice RBI for another round of rate cuts
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
Capital flows have become much more skittish and volatile during this period, with short-term horizons dominating allocations.
A glance back at some important events that occurred in 2018.
The rally in Indian market is mainly due to resumption of foreign institutional investor inflows.
'Despite almost $30 billion of funding since 2001, all the US reaps today is unmitigated hostility of a Pakistan emboldened to flaunt its China card.' 'How can the US give credence to any offers from Pakistan, which has trotted out the standard alibi of non-State actors time and again, including dreaded terror outfits being out of State control, Pakistan itself being a victim and so forth?'
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.
'You cannot judge a government within a month. Give us five years' time.' 'At times, strict economic decisions have to be made for the good of the poor in the long run.' Dharmendra Pradhan, one of the Modi government's stars, speaks exclusively to Sheela Bhatt/Rediff.com about why the government is forced to roll out 'bitter medicine.'
A series of modest support measures from the government over the year helped stave off worries of a more dramatic slowdown
The corporate sector does not care from where the money is coming.
Money is being released and the government knows it will have to front-run private investment.
ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.
The most immediate cause of worry is the recent volatility in foreign exchange markets, Prime Minister Manmohan Singh tells the Assocham annual general meeting.
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
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Given the 18-day government shutdown in the US and the likelihood for continued wrangling between the Democrats and the Republicans, it now looks like tapering may be off the table till the first quarter of 2014.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
'Clearly, from the Indian viewpoint, the US retrenchment from Asia cannot be happening as good news.' 'The abandonment of the US' pivot to Asia exposes the US-Indian partnership to be a mere transactional relationship,' says Ambassador M K Bhadrakumar
