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Bank has cited trend of global easing and weak growth
The Consumer Price Index hit the lowest in six months in March at 4.83 per cent.
It can be noted that the rupee lost nearly 7 per cent since the beginning of May as FIIs have pulled out nearly $4 billion from the domestic debt, as bond yields fell on expectation of RBI cutting rates on Monday.
Lock into these long-term bonds for higher interest rates and capital appreciation
Terming the RBI action on Wednesday as a "pleasant surprise", analysts today cautioned that possibility of a rate hike in the future cannot be ruled out. Urijit Patel committee's report on monetary policy would clear the air on RBI's future stand, they added.
India's debt recovery and restructuring framework is still a work in progress, even six months after the President's assent to the Insolvency and Bankruptcy Code 2016.
Three years after the prime minister's election promise that his government would create 10 million jobs, the emerging picture is not pretty. Employment HAS TO take on a critical status in the government's agenda, says Shyamal Majumdar.
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
The growth in eight infrastructure industries slowed to 2.3 per cent in May mainly due to contraction in crude oil, natural gas, coal and fertilizer output.
Indian companies struggle to escape debt burden as profit slows.
The depreciating rupee against dollar has a short-term benefit for the IT industry and the sector should not depend on currency management for profits, a top functionary of industry body Nasscom said.
Retirement fund body EPFO on Monday is likely to retain 8.5 per cent interest on PF deposits for its over 5 crore subscribers in 2013-14.
In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
MUDRA bank will help microfinancing firms to lend more.
Credit profiles have turned healthier from a year ago
For August, CRISIL core inflation indicator stood at 3.6 per cent, a tad higher than RBI's measure.
Additional levy to eat into Rs 6,000-crore income of top promoters
Oil and gas sectot may not put up good numbers in Q4.
Managing Brexit, inflation and banking reforms, along with the political environment, will be tough.
This was the near-unanimous replies of 10 market participants.
Soon, one will be able to pay utility bills at the local supermarket, while buying groceries, with the RBI allowing the setting up of payment banks.
'The role reversal of those in favour of GST and those opposing it is troubling.'
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Had you invested Rs 5,000 every month in SBI Magnum Multicap Fund through systematic investment plan (SIP) for the last 5 years, the value of your investment would be over Rs 5.2 lakh as on August 22, 2016
The proposal to levy a 'super-rich' tax, at the rate of 35 per cent, on those earning more than Rs 10 crore a year might not receive support of the Union Cabinet.
Banking and telecom will see the highest impact of this transition.
The price differential between diesel and petrol has narrowed. But there are still enough reasons to opt for the diesel variant.
Prime Minister's key economic advisor C Rangarajan on Friday lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures including further liberalisation of foreign direct investment norms to improve economic condition.
The stocks Radhakishan Damani enters or exits are closely watched by fund managers, says Joydeep Ghosh.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
Eight infrastructure industries have posted a growth rate of 8 per cent for September on account of good performance by crude oil, steel and electricity sectors.
HFCs and banks expect a drop in demand for housing loans in the short-term.
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
The central bank had nudged banks to cut lending rates.
A nearly two-fold hike in natural gas prices will incentivise investment in the hydrocarbon sector and help reduce the energy import bill, India Inc said.
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
Sun Pharma stock has appreciated at 35% a year for 20 years
Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.
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