RBI Governor Raghuram Rajan is regarded as credible by global financiers.
From discounts to hundred per cent financing to talks of a price hike, companies are doing everything to ensure retail sales pick up this month.
Recommends delisting of chana futures, open to lowering sugar import duty
With satisfactory progress of monsoon rainfalls prompting farmers to bring in additional area under basmati sowing, prices are set to fall lower going forward.
Rajan had cautioned against any deviation from the fiscal discipline path.
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Narrowing of the current account deficit will help arrest depreciation of the rupee and ease inflation concerns, industry groups said.
A downturn in Indian demand could hit global gold prices.
Costlier onion and other vegetables pushed up inflation for the third month in a row to 6.1 per cent in August, making it difficult for the RBI to cut rate in the monetary policy review due later this week.
After two rate hikes in less than six weeks aimed at curbing inflation, RBI Governor Raghuam Rajan on Wednesday said the central bank may be done with interest rate increases as their impact on the economy is assessed.
Industry bodies called for implementation of measures announced in the Budget to arrest inflation, saying these would pave the way for a stable inflation regime.
Inflation dipped to a five-month low of 5.19 per cent in July mainly on account of decline in prices of some food articles, vegetables and protein rich items.
It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
He has had a productive first year at the RBI -- one which saw, also, India's economic imbalances improve and the unexpectedly strong general election outcome.
Food prices rose 8.64 per cent year-on-year last month, slower than an annual rise of 9.90 per cent in March.
On India achieving higher growth, Rajan said 9 per cent, which is the widely believed potential growth rate of the economy, is still some time away.
In a recent article, Rajan has ridiculed critics of the exchange rate policy.
Whether the rupee can regain that momentum will largely depend on foreign investors, who have been net buyers of more than $2 billion in shares over the previous 20 sessions and of $2.3 billion in bonds in March.
The HSBC India Manufacturing Purchasing Managers' Index for the manufacturing industry climbed from 49.6 in October to 51.3 in November on the back of a rebound in new orders and output.
While rising food inflation is a matter of grave concern for a significant chunk of the population and for policy makers as well, it marks a turnaround in the fortunes of the farmer, reports Sanjeeb Mukherjee.
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
China's devaluation creates new risk in global financial markets and could prolong the West's slowdown.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Soft crude prices will cut fuel subsidy bill and help contain fiscal slippage this year.
Technically speaking, US equities have seen net losses since January. India is strongly influenced by US trends.
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
The ministry sought to allay the rating agency's concerns and said economic growth was on an upward swing.
The e-commerce marketplace is like an information intermediary these days.
Analysts expect RBI to restore 100-bp corridor in Tuesday's policy review.
The first of a six-part series examines how the leather workers at Dharavi are coping after five weeks of demonetisation.
CPI-based inflation on a (year-on-year) basis has come down from 8.59 per cent in April 2014 to 7.80 per cent in August 2014.
'India's economy is growing faster compared to the developed economies of the world.' 'More importantly, it is growing faster compared to most of the developing economies.' 'The monsoon is not the only thing that drives the rural economy and certainly not the national economy.' 'It is too simplistic to reduce everything to the monsoon.'
Deflation masked the rise in food inflation to a 5-month high.
The global economy may just be entering a new phase.
Given the relative rates of gross domestic product growth, the differential will increase.
Government's push for Make in India which focuses on select 26 sectors and improving the 'ease of doing business' will aid the manufacturing/industrial growth.
The HSBC/Markit Purchasing Managers Index for the services industry inched up to 47.2 in November from 47.1 in October, the fifth sub-50.0 reading and indicated an output contraction across the Indian service economy.
Last week, the Consumer Price Index-based inflation for the month had contracted to 4.4 per cent.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
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