The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
A task force will speed up the recalibration of 200,000 ATMs so these can dispense the new Rs 2,000 notes.
Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart from addressing stress in the NBFC sector.
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The ball is now in the Reserve Bank of India's court to lift up demand, says Ajay S Shriram.
Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.
Emerging nations have discussed delinking the quotas from the governance reforms to facilitate its passage.
Public sector banks' need for capital should be used to make fundamental reforms to their governance and management.
The WPI has been in the negative zone since November.
Finance Minister Arun Jaitley, along with other senior ministers, on Tuesday pitched India growth story before 21 large global investors
We still have time for this government to take action.
Aggressive rate hikes by the US Federal Reserve could result in a flight of capital from emerging markets like India, says B Gopkumar, chief executive officer, Reliance Securities.
On government's last week's announcement of revamping of PSU banks, Fitch Ratings said the move is "credit positive, but risks remain".
This comes after the arrest of Syndicate Bank Chairman S K jain.
On price rise, HSBC said that the rate of cost inflation decelerated sharply while output prices were unchanged.
The large current account deficit and the growing vulnerability on the external front have largely contributed towards the secular decline and the current volatility of the rupee.
The rupee has been falling for five straight weeks, taking its losses this quarter to 6.6 per cent, making it the worst performing currencies in Asia during this period.
Investors believe Indian is a tough place to do business with.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
'Slowing down of the economy was mainly due to the demonetisation shock...' 'If you cut off the oxygen supply to a patient in the ICU and the patient dies, the patient does not come alive again when you restore the oxygen supply.'
We must work in the direction of an innovation and technology driven economy which could boost up creation of jobs and open advanced and newer avenues of employment within the country.
Growth in India is expected to remain strong and stable in 2015
India's first quarter GDP growth print was 7.9 per cent y-o-y, primarily led by urban consumption demand
Listing of LIC will help bring in greater transparency, public participation and also deepen the equity market.
The repo rate has been unchanged since January, when the RBI increased it by a quarter percentage point.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
'They want (the ownership and management of PSU banks) to pass into the hands of a private sector entity.' 'Ownership of these banks will go from the public sector to private sector.'
What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?
India's economy is not like Western ones, and thus needs restrained fiscal policy even during a recession, says Ajay Shah.
Benchmark 10-year bond yields hit a 13-month peak as bond traders priced in more aggressive monetary easing next year.
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.
India's economy is in much better shape to weather tighter U.S. monetary policy.
Political funding of elections has led to the rise in black money in the economy.
The Finance Ministry expects GDP growth to be 8-8.5 per cent in 2015-16.
It's time to step on the reforms accelerator.
Retaining the GST rate assumes importance since states are under pressure to increase their revenues, hit hard by lockdown. Also, the Centre has not fully compensated states for their revenue losses on account of GST for 2019-20.
'Demonetisation will push India onto a higher growth path after a temporary dip.'
The HSBC India Manufacturing Purchasing Managers' Index, a measure of factory production, stood at 51.3 in April, unchanged from 51.3 in March, amid moderate expansion of incoming new business orders.
Prime Minister Narendra Modi defended Mr Rajan, but it would be debated why he took so long to dub criticisms like those against the RBI governor as improper.
A key hindrance to a faster turnaround of these banks is the slow progress in the resolution of legacy bad loans and the need to build up provisions against those assets.
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