A rate cut will bring positive sentiment around the Budget.
Probably 35 bps. There could be even an encore in February 2023 to take the policy rate to 6.5% before the financial year ends, predicts Tamal Bandyopadhyay.
Global private equity major KKR has ranked India second among the emerging markets on external risks, citing the high fiscal and current account deficits.
The source said logistics became a big issue for almost all the participating countries.
'A strong foreign exchange reserve is the best safety net against global spillovers.'
RBI awaits fiscal stance, inflation to cool off to decide on rates.
FIIs pump in $1.4 billion in March, after pulling out $2.9 billion in Jan-Feb.
Goldman says the downgrade reflects the more difficult external funding conditions for Asia as markets increasingly anticipate Fed tapering and eventual exit from unconventional monetary policies.
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
Given the strong growth in Asia and easy monetary stance taken by central banks other than the US Federal Reserve (US Fed), overseas investors will soon start re-investing in risky assets, says Abhiram Eleswarapu, head of equity research, BNP Paribas Securities India.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
'Helicopter drop' was first proposed as an alternative to quantitative easing.
'This market is very expensive in some pockets, dirt cheap in some, and the belly of the market is reasonably valued.'
Unless there is a sharp uptick in oil prices, Fed may push back rate hike
With home loan rates headed north, experts advise how borrowers should cope with their rising liabilities.
The chief minister still has time to repair the damage but he will have to act all-round, both at the government and party levels, suggests N Sathiya Moorthy.
Gold has pushed lower as a result of Chinese selling.
Go for high quality and low-to-medium-duration funds in your debt portfolio
It is the rupee's biggest single-day gain this year.
While Governor Das was sanguine on government walking the fiscal prudence path--which was missed three out of the five budgets of the Modi government--Acharya pointed to the fiscal slippages as a worry.
By piling more pressure on governments, central banks risk not accomplishing much and yet provoking a political backlash that could threaten their independence.
'The Modi government is doing a good job but corrupt officers are siphoning off funds,' says journalist Pawan Kumar Jaiswal against whom an FIR has been filed for his video expose of school children being fed salt and rotis as their mid-day meal.
In dollar terms, however, gold prices jumped by 26 per cent this calendar year, following sharp jump in hedge funds' long position
The Reserve Bank has taken some steps to shore up the domestic currency.
The Budget has to provide for capex on roads, railways, defence and other infrastructure sectors.
On Wednesday, FIIs sold shares worth Rs 1,573 crore.
'A positive oil shock has a detrimental effect on growth and activity.'
A substantial fluctuation is likely because for a long period gold has moved in a narrow range of $ 50-60 and at higher levels short positions were built.
India's foreign exchange reserves are at an all-time high.
The Mahindra group's Igatpuri plant becomes the first in India to be declared carbon-neutral. Ashish Narsale / Rediff.com finds out how this was achieved.
Side indices raced ahead with BSE Midcap and BSE Smallcap advancing 0.4% and 0.3% up, respectively.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
The CAD has been narrowing since 2012 to an estimated 1.6% of GDP in 2014
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
RBI would get the comfort of meeting its 8 per cent January Consumer Price Index-based inflation target, BofA-ML said, adding that 'we expect the RBI to cut 75 bp in 2015 from February with inflation on course to 6 per cent in January 2016'.
Telangana govt currently provides the state's 5.83 million farmers an income support of Rs 4,000 per acre per season, irrespective of the size of their land holding
RBI is expected to cut policy rates by 50 basis points by 2016.
Budget was a mild disappointment. Yet, the bull run continues.
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
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