Nitin Desai suggests some concrete measures to revive investment and boost growth.
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
Businesses are still taking time to adjust in the new tax regime, which would weigh on growth rates for the financial year closing today.
For existing investors, it may be prudent to redeem their current investments in gilt or dynamic schemes and invest it in short-term funds, if the exit load is not very high, advises Malhar Majumder.
The view among the regulator and the government is that the currency is overvalued
Yet, no bank has been taken to task for its actions, says Harsh Roongta.
The RBI has this year cut interest rates by 110 basis points in four instalments but banks have passed only a part of it to borrowers. Before the last reduction earlier this month of 35 basis points, the bank on an average had passed only 29 basis points out of 75 basis points cut affected during 2019.
Mr Swamy has written letters to the Prime Minister's Office asking for Mr Rajan's services to be terminated.
SBI is the first major state-run bank to hike lending rates after short-term rates rose as a result of the Reserve Bank of India's liquidity tightening moves announced in July.
Raghuram Rajan joked he wasn't expecting to win any votes or Facebook 'likes' in the position.
On Friday, the rupee had gained 9 paise to close at a fresh one-week high of 67.08.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
This comes after the arrest of Syndicate Bank Chairman S K jain.
Managing expectations is a challenge for policymakers.
GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
Banks might hold on to lending rates for the time being.
'Retail investors have been selling since the Budget and Foreign Portfolio Investors started selling.' 'Thus far, domestic institutions have picked up the slack, buying enough to keep the major indices from falling off a cliff.' 'However, there has been carnage in smaller stocks and the financial sector has been hit much harder than the major market indices,' points out Devangshu Datta.
Firms that should borrow abroad do not do so enough, and those that should not borrow abroad do.
Every political party loves to use the bait of loan waiver to woo the electorate. If their hearts bleed for the poor, they can always use the party funds to pay off the lenders, suggests Tamal Bandyopadhyay.
While India allows 100 per cent FDI in a large number of the sectors, there is a ceiling on foreign investment in sensitive segments like multi-brand retail, insurance, defence and telecom.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
'The rupee falling from 69 to 72 was not normal or justified by the fundamentals.' 'And therefore I treat this as temporary.'
The financial crisis has challenged the intellectual assumptions on which previous regulatory approaches were largely built, and in particular the theory of rational and self-correcting markets.
13 eminent economists, including former RBI governor Raghuram Rajan and current International Monetary Fund Chief Economist Gita Gopinath, in a report have asked the political establishment not to resort to populist tricks.
'Mostly, the relief, if needed, would be for housing loans where a person has lost a job and is unable to pay his EMI or there has been a temporary salary cut.'
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'
FY16 GDP growth was seen at 7.5%, against 8.1-8.5% earlier.
The assessment of PMJDY should be done within the context of the programme.
Over the past week, the Sensex and the Nifty continued the bull-run
Industry chamber Federation of Indian Chambers of Commerce and Industry said the Reserve Bank of India should intervene and cut interest rates.
Reserve Bank of India (RBI) Governor Raghuram Rajan spoke on a host of issues at his last post-policy interaction with the media
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
NITI Aayog vice chairperson Rajiv Kumar tells Indivjal Dhasmana that additional funds could be generated through divestment, and that the fiscal deficit should be widened while focusing on the revenue deficit.
A total of 183 stocks rallied 10 per cent, of which 32 stocks saw price appreciation of 20 per cent each.
Raghuram Rajan explains the rationale for his policy stance and other issues.
Nobutaka Kitajima, chief investment officer -- equity, LIC Nomura Mutual Fund, tells Business Standard the reaction to the Fed's statements has been overdone and the current downturn has punished certain stocks much more than their inherent economic worth and business potential.
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
Commercial banks are also expected to be soft on loan repayments and restructure the loans, if not write them off.
