The rupee will largely remain stable but with a mild depreciating bias in the next one year
If indeed we want the board to manage the RBI, probably the government should take a close look at the US Federal Reserve system which has a two-part structure - a central authority in Washington, DC, and a decentralised network of 12 Federal Reserve Banks located throughout the country, says Tamal Bandyopadhyay.
Depreciating the rupee against the dollar to boost economic growth has fiscal constraints and monetary limitations
Amidst an uproar over creation of Telangana, the government on Monday told Parliament that a Cabinet note is being prepared to go into substantive and procedural issues concerning formation of the new state.
You cannot manage the risk in your portfolio if you have no idea how to recognise it.
'If I had not been elected President of the United States, we would right now, in my opinion, be in a major war with North Korea,' Trump said.
At least 56 seminaries and facilities being run by JuD and its wing FIF in Pakistan's southern Sindh province have been taken over by authorities.
Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.
Inflation indexed bonds assure a positive return over inflation.
Investors in the 10% and 20% slabs can get better post-tax returns compared to a bank fixed deposit
More than 60 individuals and entities, an overwhelming number of them Indians, were on Thursday charged by the Justice Department for allegedly participating in a multi-million dollar scam involving call centres based in India which conned thousands of American citizens.
It is a sharp depreciation in rupee valuation against the US dollar that has led to this steeper fall in the Dollex.
If indeed the issues involved between the government and RBI are of immense public interest, why not make public the arguments of both the government and the RBI, irrespective of the outcome of the process, says Tamal Bandyopadhyay.However, the Act is silent on what happens if the governor's views differ from that of the government. If Patel does not want to budge from his stance the government can either see merit in the Governor's arguments and decide against going ahead with its plan or overrule him. My guess is that the issues raised by the government need to be sorted out not at the November 19 board meeting but between the Governor and the government, says Tamal Bandyopadhyay.
It was a changed scenario in the new Lok Sabha with the churning brought out by the elections throwing in contrasts.
The central bank has been intervening in the foreign exchange market by buying dollars, and this is capping the rupee's gains.
Last week, a Rajya Sabha committee had allocated five hours for discussion on GST.
The crisis remains acute with the country's banks already closed.
The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.
US trade deficit rose to its highest level since 2012.
The move is expected to stabilise yields, volatile in the recent past.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
In August, RBI allowed 11 business houses to start a payments bank.
The Janata Dal-United on Friday announced its support to Congress for the post of Leader of Opposition in the Lok Sabha even as the treasury side has kept suspense over the issue.
'In his 2014 election campaign, Mr Modi had boasted that he would apply the Gujarat model to the rest of India. We just have to ensure he doesn't start with Parliament,' says Shashi Tharoor in this fascinating excerpt from his new book, The Paradoxical Prime Minister: Narendra Modi And His India.
With a sole mandate of inflation targeting, RBI wears many hats.
Financial institutions at the risk of US sanctions as sharing of documents on SC directive amounts to violation of existing agreements.
The court delivered the verdict after postponing it for four times in the Avenfield corruption case -- pertaining to the ownership of four flats in the posh Avenfield House in London.
The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh.
'My sense is that we should be braced for a correction.' 'It has already begun in the mid-caps for the past month, and will now spread to larger stocks as well.' 'Use the correction to upgrade the quality of your portfolio,' advises Akash Prakash.
RBI is committed to bringing down retail inflation to eight per cent by January 2015 and six per cent by January 2016.
Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.
Why do investors need a broker to buy stocks which were dematerialised long ago and can be delivered directly into their accounts?
Higher interest rates in the US do not necessarily coincide with capital outflows.
Despite the incessant disruptions and bitter clashes between political parties witnessed in the ongoing monsoon session of Parliament, lawmakers from across the political spectrum will display rare unanimity in the coming days to pass two bills aimed at protecting their interests.
'Modi's political economy is more inspired by Indira Gandhi than Vajpayee.' 'She so wanted an Opposition-mukt Bharat.' 'Sounds familiar?' asks Shekhar Gupta.
Deployment of THAAD in South Korea could unfold a new cataclysm in the Korean Peninsula with unwelcome prospects.
The country's two biggest state-run lenders on Saturday pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio (CRR) or statutory liquidity ratio (SLR), both of which banks consider as non-productive.
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
The prevailing communal situation in the country does not indicate existence of alleged intolerance in the country, the government said on Tuesday.
'Policy was more in line with the expectations.'
