Although the current long-term bullish trend is intact, markets are awaiting clarity on the taper and the Assembly election results.
Markets in green tracking firm global cues.
Many things could play spoilsport for the Indian economy.
The President talked about demonetisation, electoral reforms and disruptions in Parliament.
Trade between India and Indonesia stands at $20 billion.
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.
When oil prices collapse from $110 to $45, economic agents in India experience a large income windfall.
Optimism about a stable govt at the Centre, a demand revival and falling oil prices buoyed the markets.
'It is my duty to give the govt the right price of crude oil.'
The US foreign and security policy establishment, says Ambassador M K Bhadrakumar, apprehends that Trump may compel them to exorcise the 'unipolar predicament', and bring foreign and security policies to reflect the desires and priorities of the American public.
'The surge of Saudi nationalism is the last thing Washington wants,' says Ambassador M K Bhadrakumar.
Defence Secretary R K Mathur should take to Prime Minister Narendra Modi just five simple measures that would create or catalyse dramatic improvements across the wider defence arena, says Ajai Shukla.
Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents
'You will see more and more people working independently -- starting beauty parlours, driving cars, etc.' This is what we call the gig economy.' 'The same people who have been laid off in India or are unable to get visas to work in the US may be part of this gig economy.' 'India needs billions of jobs, and it can only be created by self-employment or the gig economy.'
Two former senior United States diplomats, with more than 60 years experience in South Asia between them, have exhorted Washington to establish communication with Bharatiya Janata Party's prime ministerial candidate Narendra Modi sooner than later.
'She adds value to life in many commendable ways. Apart from her many contributions to our consumer products business and Godrej Properties, she dedicates her energies and resources to charity, to philanthropic causes and most of all how she has managed her time as a wife, mother and entrepreneur brilliantly,' says Adi Godrej.
Only three percent of Indians pay income tax; our tax-GDP ratio is among the lowest in the world. This must change. Our elites must realise that India's poverty has damaging consequences for them, and that they can help decrease it. The food security bill, with all its limitations, will hopefully contribute to generating such awareness, says Praful Bidwai.
Finance Minister P Chidambaram, while addressing the Carnegie Endowment for International Peace on "Recapturing India's Growth Momentum" in Washington on Thursday, said that the leading think tank need not launch an initiative to explore how India will vote in 2014, declaring that the Indian polity will vote the Congress back into power.
On the occasion of Chinese New Year, we bring you a look at what 2015, the Year of the Sheep has in store for you!
