Here are the key decisions announced by the Reserve Bank of India on Thursday.
A rapid fall in crude oil prices has meant the RBI is a year ahead of its inflation-targeting schedule
'Most importantly, marking a departure from the past, the RBI has made it clear that it is not overtly worried about the level of the local currency,' notes Tamal Bandyopadhyay.
There is no such thing as 'free' credit cards. Most of the charges associated with your card are not even told upfront to you. Knowing about these various fees and charges will put you in good stead and help you use your card prudently.
The incidence of shareholder activism in India is more than that in other Asian countries, according to a BNP Paribas Asia Strategy report.
Railway Budget is the first indicator of possibly better days
Cashless transactions need ubiquitous connectivity, which we don't have. And connectivity needs political and administrative convergence, says Shyam Ponappa.
Without cash flows, one can hardly aspire to better living conditions.
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
Also, after years of rumours and speculation, Apple unveiled its first wearable device, Apple Watch.
Telecommunication companies buying airwaves in an Indian auction next month will pay 5 per cent of their revenue as an annual fee.
The marketplace was simply not conducive to the extension and evolution of broadband networks, particularly for less dense rural markets, so connectivity and services suffered.
The foremost lesson is that technology has got commoditised.
Decades of a state-owned monopoly selling coal at a fixed price has taken its toll on production.
The news that Welspun has run into trouble with one of its biggest US-based clients has stressed its suppliers and investors alike
'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'
The central bank dashed hopes of any steep interest rate reduction.
'After household expenses, we are left with nothing...' 'Sometimes I think it is better to shut the store...'
Traders' body says retailers have supported boycott; eateries, supermarkets seek more time to decide.
For the poorest 20 per cent of Indians, the expenditure on medicines alone is 85 per cent of what they spend on their health, according to the National Sample Survey.
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
It will be available from April 24.
The much-awaited event is finally over. And here is what you need to know about it!
The intra-city cable leasing deal will give RCom Rs 1,200 crore, which will be used to clear some of its debt.
Are Indian citizens mindful of their responsibility?
The 100MB app casts the cricketer in a digital avatar that can be used in a variety of ways. Celebrities, Urvi Malvania reports, are increasingly leveraging their fan following in the real world to build virtual empires.
We need transformative policies and incentives with purpose, especially in solar power and digital infrastructure.
Rajeev Chandrasekhar discusses five issues pivotal for the success of Digital India
These plans aren't likely to put substantial cash in your hands.
No matter how attractive a pre-approved offer may seem, bear in mind that there are indeed no free lunches
Is the price of one fighter Rs 681 crore? Rs 686 crore? Rs 703 crore? Rs 1,063 crore? Rs 1,225 crore?
It was a crazy week for the world. Sukanya Verma cannot claim to be any different.
'After Indrani's arrest did you go to the police and say I did this kind of forgery?'
Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".
Over the weekend and Labour Day, a change seemed to have come over the former secretary and her memory had all but deserted her. Not unexpectedly, Kajal Sharma had lost much of her exactness. Her vocabulary had shrivelled to four or five words.
The former finance minister's only child was arrested at Chennai airport.
With Jaitley preferring continuity over change, good days might take a little longer to arrive, says Shankar Acharya.
