'Most importantly, marking a departure from the past, the RBI has made it clear that it is not overtly worried about the level of the local currency,' notes Tamal Bandyopadhyay.
Social media giant Facebook has crossed 100 million active users in India, its largest base outside the US.
He says he does not share IMF's pessimism.
The prime minister also welcomed convergence of views between India and ASEAN for cooperation in the Indo-Pacific region.
The global ratings agency keeps India's sovereign rating unchanged at 'BBB-' with stable outlook
'It is important that students not focus on the remuneration that the job fetches in the first year, but look at the next 5 year journey with that job role.'
Stating that a weak fiscal position continues to constrain India's sovereign ratings, Fitch said the next government's medium-term fiscal policy will be of particular importance from a rating perspective.
The companies stayed cautious about making fresh commitments and about 46 per cent saw no change in investment levels.
Britain's foreign secretary said Prime Minister David Cameron would take note of the assessment in the context of Modi's plans for the development of the Indian economy.
Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand.
India's gold import bill, estimated at $3 billion in May, is seen falling further this month
The 30-share Sensex is down 359 points at 26,378 and the Nifty has dropped 78 points to trade at 7,883
Attributing the growth to an upswing in consumption and investment, the World Bank has said India will continue to be the fastest growing major economy in the world.
Acknowledging a job well done can go a long way especially for professionals who are the driving force behind an enterprise's business operations, notes Vijay Gupta, director-global human resources at Rahi, a tech solutions provider.
China's economy, which suffered 6.8 per cent slump in the first quarter due to the coronavirus pandemic -- the worst in 44 years -- bounced back posting 4.9 per cent growth between July and September buoyed by the government's sweeping efforts to stimulate demand and consumption.
BNP Paribas Securities sees the benchmark Sensex touching 22,000 mark in 2014, even as it cautioned over the earnings estimates in medium term.
The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
Fitch Ratings on Monday said the shock to economic activity from the latest wave of COVID-19 pandemic will be less severe than the one in 2020, but recovery is likely to be delayed as economic activity dropped in April-May. The global rating agency said there are growing indications that the latest wave of COVID-19 infections will add to risks among financial institutions (FIs) and anticipates that the Reserve Bank of India (RBI) may introduce additional measures to support the financial sector if indications of economic stress mount.
Markets are poised for excellent growth, provided reforms continue to roll
If India wants to satisfy the aspirations of its youth, it will have to revamp the higher education system without ifs and buts
The revised projection comes after a 17% rise in the April-June.
Mani Ratnam is experimenting with a real-life historical in Ponniyin Selvan, points out N Sathiya Moorthy.
The country will host the first ever live NBA match in October this year
Afghan President Ashraf Ghani on Wednesday pitched for a coherent regional strategy to deal with terrorism
'The variables to watch include the monsoon, resolution of NBFC liquidity issues, GST collections, and NPA resolution.'
At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms
Asserting that foreign funds are very bullish on investment opportunities in India, a senior government official said on Friday the country was a profitable place to do business and would soon become an easier place for business.
The drop in oil to around $50 a barrel this year has triggered steep cutbacks in production of US shale oil
Check out some of the stocks that will react on the basis of their numbers in the near term.
Global markets could correct 5-10 per cent. If that happens, Indian markets will correct about 10 per cent
The land acquisition bill is a catalyst to investment and passing the bill will improve India's business environment.
Euro-zone growth could improve because of (a) reduced pace of fiscal tightening and (b) stronger exports, but weak domestic demand and a fragile banking system could increase deflation risks that could force the European Central Bank to turn further accommodative.
Inflation has remained a major concern.
As Nasdaq-listed company indicates poor spending in financial services space, Indian firms feel jittery
Of the 20 deaths reported in the last 24 hours, eight were from Maharashtra, three each from Gujarat and Madhya Pradesh, two from Jammu and Kashmir and one each from Punjab, Uttar Pradesh, Karnataka and Tamil Nadu.
Financials ended mixed despite the status-quo on key rates by the RBI. SBI, ICICI Bank and Axis Bank ended up 0.4-2.5% each.
India's economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on better consumer demand. The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter of the 2020-21 fiscal (April 2020 to March 2021) as the coronavirus lockdown pummelled economic activity.
Private participation remains lacklustre.
'The expectation was that Modi would become even bolder in his approach, and after only four months into his second term, we are starting to see evidence of this.'
For 2017-18 and 2018-19, investors are better off focusing on the quality of measures announced in the Budget and outside it rather than on the Budget numbers themselves, says T T Ram Mohan.
