"A significant decline in the growth number for this quarter is highly likely, but for the fiscal year as a whole the decline may still be relatively moderate," Fitch Asia-Pacific Sovereigns Group Director Thomas Rookmaaker said.
Chinese Premier Premier Li Keqiang said world economic recovery should not be driven by mainly China, but in concert with many countries.
'The mood in Beijing is already nervous and feverously watchful.' 'Developments in China will be scrutinised as intensely and nervously as the ones in Washington,' says Claude Smadja.
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The rupee has avoided the heavy losses suffered by some emerging Asian currencies such as the Philippine peso this year because of its efforts to narrow the current account deficit, and strong foreign investor inflows.
The official data on April-June GDP will be released on August 31.
China's FDI growth saw ups and downs in the first 11 months of 2015.
Gold was among the least bruised by Monday's selloff, dropping half a percent versus a 6 percent slide in Brent crude and a 2 percent decline in copper.
Reliance improved its ranking this year to 121 from 142 last year, with a market value of $50.6 billion and assets worth $91.5 billion.
India lost fastest growing major economy tag to China in the March quarter with a GDP growth of 6.1%
The rupee's slide to a two-year low will impact consumer durables and electronics companies, as the import content in their products tends to be high
With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of "The Gloom, Boom & Doom Report" tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks.
Plenty of other factors are likely to keep a lid on prices.
The previous high in quarterly GDP growth was recorded in the January-March quarter of 2015-16 at 9.3 per cent.
The government has set seven per cent as the GDP target for this year.
Risk sentiment is likely to be favourable if oil prices stay benign, global growth sentiment remains robust and the dollar index does not break out, says B Prasanna.
The rupee has dropped by 83 paise or 1.24 per cent in three days
Stock specific action is seen with some of the prominent companies posting their quarterly numbers.
The American economy is resilient and durable enough to withstand the challenge posed by the ongoing economic crisis in China, the White House said while asking Beijing to move towards a transparent economy and a market-based currency system.
Macroeconomic factors under control, says Rajan
Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.
US crude was down 25 cents at $52.08.
Some experts argue that India's new growth figures are due to the revised calculation of GDP, which was launched in January
It is important to note that slowdown in activity is really confined to a selected few regions within China.
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
In the United States, economic data is likely to take a back seat next week.
'If we play our cards right, we may even benefit from the competition between the US and China as seen from increased investment from each of these countries into India.' 'The size of our market gives us an important lever of power which we shall have to play adroitly and intelligently,' points out Ambassador Gautam Bambawale -- who served as India's envoy to China -- in the Professor V M Dandekar Memorial Lecture 2019, delivered on March 8, 2019 in Pune.
At the end of 2014, 70.17 million of China's rural residents lived below the country's poverty line.
The 400,000 square-metres plant was launched within two years of foundation laying ceremony.
Orders for the festive season abroad begin from next month.
S&P in November ruled out an upgrade in the country's rating for some considerable period, citing India's low per capita GDP and relatively high fiscal deficit.
'Parading French troops alongside Indian military personnel, says Rajeev Sharma, turns India's non-alignment policy on its head!'
Benchmark indices plunge 4.7% in the first full week of 2016.
The broader markets are, however, outperforming the larger peer.
'The Indian economy is full of potential.'
Chinese stocks plummeted 9 per cent on Monday
The RBI fixed the reference rate for the dollar at 65.2525 and for the euro at 72.1954.
The major US indexes pared losses late in the session.
Gold is currently trading at Rs 25,200 for 10 grams.
Markets now expect the Fed to normalise rates gradually.
'The impact of a devaluation will be modest on India's exports'.
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