'So far, the government has sanctioned more than Rs 300 billion as GST refunds,' Ansh Bhargava and Aditya Singhania point out.
The global economy may just be entering a new phase.
Markets extended gains for the fourth consecutive day tracking gains in banks, capital goods and oil and gas majors.
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.
A rate cut will bring positive sentiment around the Budget.
The broader NSE Nifty cracked below the key 10,400-mark to touch a low of 10,336.30, before finally ending 15.95 points, or 0.15 per cent, down at 10,410.90.
RBI Governor Raghuram Rajan is regarded as credible by global financiers.
The RBI's macroeconomic report released after the close of markets said upside risks to food inflation remain and that it expects the retail and wholesale price inflation to remain above comfort levels.
Experts feel oil prices will remain volatile with an upward bias.
With inflation figures expected to be well within RBI's target, there may be room for further rate cut.
This is the BJP's first full-year Budget.
Also keenly watching inflation numbers, with wholesale inflation data expected today
The broader NSE Nifty, after shuttling between 10,651.60 and 10.532.70 points on alternate bouts of buying and selling, closed 6.20 points, or 0.06 per cent, down at 10,576.30.
Top losers in the Sensex pack included M&M, SBI, Yes Bank, Asian Paints, HDFC, Tata Steel and L&T, shedding up to 2.55 per cent. The broader NSE Nifty settled 79.80 points, or 0.72 per cent, down at 10,996.10.
Janmejaya Sinha lays down Urjit Patel's agenda - cleaning up bank balance sheets, evaluating robustness of CPI and pushing for digitisation in financial services.
'Everyone confuses GDP to be a measure of output, when it is actually a measure of income.'
There's need to address growth, but weak rupee putting pressure on prices.
'A broad-based revival of private sector investment was likely in 2018-19 after businesses had successfully made the switch to the GST.'
After opting for status quo in policy rates, Reserve Bank Governor Raghuram Rajan on Tuesday said any more cut will depend on further transmission of previous rate cuts by banks, softening in inflation and progress of monsoon.
Economic recovery in US, euro zone help; new orders sub-index at 52.4
The panel finds 'discrepancy' in the Annual Survey of Industries data.
Here is some background on the candidates seen as potential successors to Rajan at the RBI
Sensex ended up 41 points at 29,136 and Nifty gained 4 pts to 8,809.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
New Reserve Bank of India chief makes his first monetary policy statement on Friday with expectations he may scale back some of the emergency measures that have helped the rupee bounce from a record low.
According to the global financial services major, since the last RBI policy meet, data suggest accelerating growth and surprisingly mild inflation, both at the core and headline level.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
It is important to note that slowdown in activity is really confined to a selected few regions within China.
The resentment against the government has increased.
This is a terrible situation for a growing economy to be in, and the central bank would be expected to act to correct the situation.
The Reserve Bank of India unexpectedly raised its policy interest rate on Tuesday by 25 basis points (bps) but said that if consumer price inflation eases as projected, it does not foresee further near-term tightening.
The index has posted below the 50 mark, which marks contraction, for the third consecutive month.
D&B sees January IIP to decline by 0.5-1.5 per cent. Last month the factory output, as measured in terms of the index of industrial production, had contracted by 0.6 per cent.
As investors try to second-guess the US Fed, corporate and election results could have a bearing on market direction
Bankers need to take a call on whether they will allow technology firms to run banks or banks themselves will turn into tech firms, says Tamal Bandyopadhyay.
If customers did not see value in what we provide them at the price point at which we provide these, they would not have been there with us in such a competitive market, says HDFC deputy managing director Paresh Sukthankar.
NTPC, Sun Pharma Coal India and Asian Paints were among top losers on BSE Sensex
RBI Governor Raghuram Rajan has noted the contradiction.
Across the board, demand would appear to be slacker than it should be if we are headed for a healthy recovery.
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