India's manufacturing PMI rose to 54.5 in December, 2014, while in the corresponding period a year ago it stood at 50.7, just above the crucial 50 mark which separates growth from contraction.
January inflation may undershoot RBI's 6% target.
Food prices, which have contributed to a large part of inflation over recent years, have remained benign, despite unseasonal rain.
Indian economy is set for a 'goldilocks' period -- used to describe a timeframe of high growth and low inflation -- while it can become Asia's fastest growing economy in 2016, Japanese financial major Nomura said.
The bench noted that the Congress leader had filed an affidavit in the Bombay high court while seeking quashing of the defamation complaint against him stating that, at an election rally, he had not blamed the RSS as an institution for the assassination of Gandhi but a person associated with it.
'I believe something like this wouldn't have been made five years ago. They would have felt it's arty in nature, and would be unsure about investing in it. One may wonder that since there is no action in it -- or despite me in it, no sex -- who will watch the film? But things have changed drastically.'
Sonal Arora, VP, Team Lease Services offers prudent advice to working women.
RBI projects GDP growth in FY16 at 7.8 per cent, 30 bps higher than FY15. However, this comes with a downward bias.
The change from wholesale to retail inflation as an anchor means that the weightage of diesel in inflation has decreased
Lower fuel subsidy payouts might restrict gross fiscal deficit in FY15.
Best vs Best. Tiger vs Tiger. Star India, BCCI team up for a high decibel campaign for the cricket jamboree.
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Bank has cited trend of global easing and weak growth
'He was the first creative person to recognise and fully realise the power of film in an era when press ads were the only competence of Indian creatives.'
A look at the top tweet from your favourite Bollywood celebrities.
Encouragingly, the recovery also appears to be becoming broad-based
In an encouraging development for the Indian women's hockey team, all the squad members are set to be included in the Target Olympic Podium Scheme (TOPS) when the review committee will identify a core group for the government-funded programme, next month.
US-based Rediff reader and food blogger Sonal Gupta sent us this recipe.
Why India is an FDI magnet. The country satisfies several reconditions to attract FDI.
Two films will release on Diwali.
GlowRoad, a business network for homemakers, is helping women who want to earn from home.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
Experts feel oil prices will remain volatile with an upward bias.
'When you are involved in a relationship and get married, why do you do that? To have a happy life together, right?' 'Not for arguments and divorce.' 'We face challenges at every stage of life.'
Magistrates cannot ask the police to investigate a private criminal defamation complaint as it is the complainant who needs to prove the case, the Supreme Court on Wednesday said.
The Ig Nobel prizes honour achievements that first make people laugh, and then makes them think.
All this and more in Subhash K Jha's Bollywood Buzz.
HSBC on Monday lowered India's GDP forecast for the current financial year to 4 per cent from 5.5 per cent earlier saying economic uncertainty is likely to weigh on the growth forecast in the coming months.
Mahendra Raj is a towering figure of 20th century Indian architecture.
Exports to Europe shrank by near 2 per cent in the 11 months.
The 30-share Sensex ended down 556 points at 27,886 and the 50-share Nifty ended down 158 points at 8,444.
'Sridevi touched my feet.' 'Kajol is magical.' 'You will feel Salman is not paying attention, but when the camera rolls, he does the step you just showed him.'
He is the architect of the BJP's incredible show in Uttar Pradesh, but on the election results day he was a picture of relaxed confidence, says Sheela Bhatt/Rediff.com
Congress Vice President Rahul Gandhi on Wednesday said whether he becomes the prime minister or not is immaterial but what matters is that all Indians, including women and youth, feel it is their country.
'There she was, standing before me, burning with fever but ready to dance. She was like that. When it came to her dancing it didn't matter to her whether she was well or unwell,' says the legendary Birju Maharaj.
Vinod Kumar from New Delhi shares his incredible weight loss story.
After fighting inflation for more than two years, Reserve Bank of India (RBI) Governor Duvvuri Subbarao finally managed to bring it below the five per cent level - the tolerance level of the central bank - in FY14.
A look at the top tweets from your favourite Bollywood celebrities.
A look at the top posts on social media from your favourite Bollywood celebrities.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
'The rule for millennials is: You can have a career for life.' 'You have to constantly adapt to the needs of the industry to stay relevant.' 'The jobs will be the same, but the skill sets required will be different.' 'Technology will dominate the nature of jobs available in the future.'
