'I can confidently say there will be another financial crisis soon enough, and probably more than one global crisis within the next century, given the increasingly integrated nature of the global economy.'
The finance ministry and RBI must get less conservative and improve co-ordination.
Ajit Balakrishnan reflects on pariahs, small businesses, and blockchains.
'The Quran says that saving one life is like saving humanity. So by donating for Kerala, you are following what Allah told you.' 'This gesture would create goodwill for Muslims and would work as a counter to the hostility they face.' Jyoti Punwani reports how some Muslims won't sacrifice goats this Bakri Eid, instead donating the money towards relief efforts in Kerala.
Used prudently, plastic money is among the most useful, powerful and non-polluting kind of plastic invented. Be smart with it!
NFL players, owners defy Trump on anthem protests as feud ramps up
It was a year of big gains for equity investors.
'Modi followed a prime minister whose second term was marked by such tragic passivity that Indians, it would seem, are willing to go to great pains to help this one realise his ambitions for them.'
Last year, he was the BJP's darling. Today, Arnab Goswami is a hated figure for the Modi bhakts. What changed?
They expressed concern on taxation issues, the high fiscal and current account deficits, and sought removal of capital gains tax.
Breastfeeding lowers chances of being a victim to cancer and circulatory diseases. Among children, it prevents diarrhoea and pneumonia.
India this year will emerge as the world's seventh largest economy, up from the 12 th position in 2008.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.
Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
Indian economy is doing well and the performance of domestic stock markets is not as bad as that of other nations.
Slow pace of reforms in India is disappointing: Faber
In all, 37 central banks around the world have eased monetary policy so far this year to boost growth, fight deflation or both
Money will flow to Europe, Japan - and the emerging markets, including India.
The Reserve Bank in its first mid-quarter policy review on Monday kept the key interest rates unchanged because of elevated food inflation, rupee depreciation and uncertainty over foreign fund inflows.
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
The Narendra Modi factor will hardly help BJP's fortunes in Delhi, believes Aam Aadmi Party convener Arvind Kejriwal who said that "even God can't save" the saffron party as it seeks to wrest power.
The biggest disappointment was the compromise on the promised corporate tax reduction path.
RBI's fifth bi-monthly monetary policy meet due tomorrow also kept the investors on their toes.
Since mid-July, the RBI has taken steps to tighten cash conditions, which have failed to support the rupee but sent bond yields surging, posing a fresh threat to the already cooling economy.
Expectations that the shutdown will hurt the economy and prompt the Federal Reserve to postpone the start of its withdrawal of monetary stimulus weighed on the US currency.
Experts say the BSE Sensex could rise to around 32,000 in a year.
In the global markets, the US dollar traded lower in early trade after former US Treasury Secretary Larry Summers withdrew himself from the race to be the next Federal Reserve chairman.
.jpg)
The rupee on Friday touched an all-time low of 62.03 to a dollar, spooking the equities market and dragging the Sensex down to 18,621.39 in the afternoon.
Corporates' forex borrowings have grown at a CAGR of 15.6% since 2008.
The Indian government and RBI must keep foreign equity investors happy and avoid crushing growth expectations, notes Akash Prakash.
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.
OIL, IOC, HPCL, BPCL slipped between 0.1-1.5% each while the oil producing companies such as ONGC (0.1%), RIL (1.5%), GAIL(2.6%) also edged lower.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
RBI Governor Raghuram Rajan has said falling oil prices act as a cushion for CAD, adding it is time India does away with restrictions on gold imports
Kerala, Andhra, Tamil Nadu and Kerala are facing a severe drought this year, affecting livelihoods as well as lives.
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
IMF members will also be examining whether China's heavy intervention in the yuan market was befitting of a freely convertible reserve currency
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances