The finance ministry will have to rely on the weapons in its arsenal, since monetary policy is not providing the support.
'I actually called Heath Mills 18 months ago and told him I was going to retire. He convinced me to take a little break'
The Indian economy grew at a faster pace of over 8 per cent in two consecutive fiscal before falling to a nine year low of 6.5 per cent in 2011-12.
The simultaneous decline of several trade-related indicators should put policy makers on guard for a sharper slowdown.
In domestic market, gold prices had peaked to Rs 39,011 per 10 grams in September and are now ruling at Rs 38,800 per 10 gram.
The economic think-tank National Council of Applied Economic Research on Thursday revised downward marginally India's economic growth to 6.62 per cent due to deceleration in farm output in 2004 even as fiscal deficit was slated to shrink to 4.52 per
'When the virus, in a way, tires itself out, because it is not finding any more people to attack or keep itself viable, that is when the peak actually has been reached and you are on the downward limb (of the curve).'
The wide-based NSE sensitive index is currently hovering around 7,900.
Investing in ETFs is similar to buying and selling shares on exchanges through your trading account, points out Ashwani Bhatia, MD and CEO, SBI Mutual Fund.
In its monetary and macroeconomic development report, RBI has raised hopes of a rate cut but also flagged some challenges.
India's economic growth could fall to 5.5 per cent this fiscal before seeing gradual recovery next year, a RBI-sponsored survey said.
The rating agency was hopeful that RIL would sort out technical problems being faced at its flagship eastern offshore KG-D6 fields where output has almost halved in past two years.
Vinod Mirani gives the box office verdict for the week.
Manufacturing of consumer goods, like food and liquor continued to improve in September.
India's curve, yet to flatten vis-a-vis countries with similar or more conservative plans to ease restrictions, still points to 'exponential growth', despite India having tested much fewer people.
Eugenie Bouchard tried to forget her poor results on the court.
A slew of Bills that will have a significant effect on India's financial landscape are likely to come up in the Monsoon session of Parliament.
Continuing its downward march for the fourth straight session, the rupee closed down by 0.68 per cent from its previous close at 54.85, after moving in a range of 54.40- 54.89 against the dollar during the day.
Information technology services company Cognizant Technology Solutions on Monday met its revenue guidance given for the quarter ended March 30 and projected its April-June revenues to cross those of Infosys, something long anticipated in industry circles.
Credit rating agency Moody's changed Formula One's outlook to negative from positive on Thursday to reflect the impact of the coronavirus crisis on a global sport that has yet to race in 2020.
'Investors should restrict themselves to a few category schemes with high quality portfolios apart from overnight and liquid funds.'
Indigo remains the leader with market share of 27.8 per cent.
Zuckerberg currently holds around 444 million shares of Class B common stock as well as 60 million shares of Class B common stock issuable upon the exercise of an option.
In its mid-year review, the software association Nasscom has revised its forecast for software and services exports (IT & ITeS) for the current fiscal year of 2012-13 to 11 per cent, from the 11-14 per cent range indicated at the beginning of the year.
Hiring activities witnessed a moderate increase of 3 per cent in September with most of the sectors showing positive recruitment trends after a dip in the index the previous month, according to job portal Naukri.com said.
The rates have been revised downwards for deposits over Rs 1 crore.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
Recent studies in China and Europe observed that the infection might relapse in those people who have already recovered from earlier phases.
Fitch says possibility of downgrading India's sovereign rating is more than 50 per cent.
The ugly underbelly of the policies of economic liberalisation followed over the last two decades has been crony capitalism at its worst.
'So, what does one believe -- just 6 stocks that are pushing the indices higher or the 600 scrips that are reflecting economic pain?'
CRISIL also expects the average Wholesale Price Index inflation to be higher at around 8 per cent as against of 7 per cent estimated earlier.
Expectes RBI Governor to announce 0.25 per cent rate cut.
National Pharmaceutical Pricing Authority has for the first time fixed the prices of 27 formulation packs including 'Livadex' injection and 'Lederplex T liquid'.
In a marginal relief to consumers, IndianOil, the biggest oil marketing company, has cut petrol prices by Rs 0.56 per litre with effect from midnight today.
'It is absolutely important for us to continue to message to people that they must wear masks, keep physical distancing, as much as is practically possible, at work or at home.'
Criticising the saffron party for "undermining democratic values" in the country, the chief minister said, "Democracy exists in Bengal but it is under threat in several other parts of the country."
It was supposed to be a book reading, but watch out... the actor had bigger plans.
After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category.
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