With a global selloff over concerns of the US Federal Reserve's bond-buying tapering impacting the currencies of several emerging markets, the rupee has been the worst performer since Thursday.
The Indian economy's election-year syndrome cannot be ignored, says A K Bhattacharya.
The results for the People's Choice Award for the Wildlife Photographer Of The Year are in.
Mark Mobius, executive chairman of Templeton Emerging Markets Group still believes in the emerging markets growth story.
While Raghuram Rajan has said in the past that other factors, including domestic fundamentals, outweigh the US Fed policy meet, this time it would be different
Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.
Data showing foreign institutional investors have slowed their purchases in domestic shares further added to the weak sentiment.
Frantic dollar demand from corporates along with an aggressive hedging strategy adopted by importers in the wake of the currency volatility predominately took a toll on the domestic unit despite moves by the central bank to stabilise the currency.
Traders rejoice when the Fed drops the rate, but...
December is packed with key economic and political events, both at the domestic and the global level, which will decide how foreign institutional investors (FIIs) fine tune their investment strategies
India is still the best story in major emerging markets from a 5-year perspective.
'If the Union Budget can provide incentives for animal spirits to come as well as induce demand stimulus and consumption, the Budget would have done a wonderful job.'
RBI's intention to keep its target inflation rate at 5% was the main reason behind keeping rates unchanged, says Adhil Shetty, CEO of BankBazaar.com.
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
In the Sensex pack, Axis Bank, Tata Motors, Infosys, Kotak Bank, HDFC Bank, RIL, Bajaj Auto, SBI, HUL, Tata Steel, Vedanta, HFDC, TCS, ITC and Sun Pharma jumped up to 4.64 per cent.
'Helicopter drop' was first proposed as an alternative to quantitative easing.
The domestic currency had gained a massive 47 paise to close at 60.60 on Friday amid heavy selling of the US currency by corporates, exporters and banks.
It is thought that the RBI has been accumulating dollars to fight odds.
'It is going to be a tough balance for the RBI to manage economic stability and ensure smooth government borrowing.'
Bank Nifty pared all its intraday gains to end over 1% lower led by losses in BoB, ICICI Bank, Axis Bank and Bank of India
Bank of Baroda ended flat after sharp gains in the previous session.
A five-point guide to redress your banking woes
Since 2005, in 8 out of 10 years (except in CY11 and CY14) the benchmark indices have given positive returns in December.
Insufficient rainfall will have a negative impact on the economy.
'Removing Biplab Deb and replacing him with Manik Saha is a fruitless exercise that the BJP national leadership has indulged in.' 'It is foolish to think that people will forget what these two have done to the state and its people in the last four years.'
The rupee weakened against the dollar in late trades on Thursday tracking weakness in the equity markets.
The US Federal Reserve's decision to continue bond-buying has lifted investor sentiment for gold and silver.
Investing in the US market provides Indian investors a hedge against the rupee's long-term tendency to depreciate against the dollar.
Markets will watch the policy meeting on June 18 and 19 for clues to a rollback of stimulus measures. Fed officials are divided over their ultra-easy monetary policy and some warn it could stoke future inflation and financial instability.
Better supply management and check on hoarding should be able to prevent food price spikes
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The country has enough forex reserves to meet the demand.
'The 'Off-with-Rajan's-head' brigade bases its arguments on mistaken beliefs, erroneous causalities, and even downright prejudice.'
If global stagflation takes hold, it will force China to accelerate its reforms to float its currency and create a single, independent and market-based financial system. When that happens, the dollar will collapse.
The rupee fell to a record low of 59.9350 to the dollar, breaching past its all-time low of 58.98 on June 11.
Indian markets too saw a deep fall as a result of the Federal Reserve's shift in policy and the Nifty and Sensex ended down more then 2.5 per cent in the negative, whereas the Europe is trading in red too.
Be careful while investing at the current levels and stay away from stocks of leveraged companies.
'Markets are likely to remain choppy for the next 6 months.'
Nearly half of the 20 indexes polled globally are now expected to end the year lower than where they started
India's economy is in much better shape to weather tighter U.S. monetary policy.
