Saudis are interested in expanding their relationship with India, given it is becoming the main driver of crude demand growth in Asia
Factory output in June likely rose 5.4 per cent from a year earlier, faster than the 4.7 per cent growth in May, according to a poll of 27 economists.
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
The Reserve Bank on Tuesday cautioned that continued uncertainty over monsoon could stoke food inflation, but expressed the hope that government policies will improve supplies in the coming months.
In the next few days, use credit/debit cards wherever possible or download your bank's mobile banking app or a mobile wallet.
The HSBC/Markit Purchasing Managers Index for the services industry inched up to 47.2 in November from 47.1 in October, the fifth sub-50.0 reading and indicated an output contraction across the Indian service economy.
How on earth did Dr Manmohan Singh and his ministers conclude that the casualties of a disaster in a nuclear plant would be fewer than the deaths and injuries caused by the Bhopal gas tragedy? And that the compensation could, therefore, be capped at a smaller amount, asks T V R Shenoy.
Jet Airways (India) Ltd hopes to minimise the impact of a sharp rupee depreciation by growing its international network over the next few months.
'There has definitely been a breakthrough in the nuclear logjam. It is good to see nuclear energy back on the rails,' says Dr Anil Kakodkar, former chairman, Atomic Energy Commission.
China will be the nuclear threat of most concern to New Delhi for at least another decade, the latest report by the Arms Control Association says.
You must remain invested in bank deposits, unless you are considering the idea of earning higher returns by moving to gilt or liquid funds, says Adhil Shetty, CEO, BankBazaar.com.
The government has made its initial moves, good and not-so-good, while the roll-out in some cases has been slow.
The RBI has targeted 6 percent inflation by January 2016
The repo rate has been unchanged since January, when the RBI increased it by a quarter percentage point.
The SBI said its officials were ferrying Rs 570 crore after the Reserve Bank of India asked them to, to address a temporary cash shortage in Andhra Pradesh.
The S&P BSE Midcap and S&P BSE Smallcap indices hit a new lifetime high
Coal industry expert Sunjoy Joshi tells Sheela Bhatt/Rediff.com that the NDA's e-auction of coal blocks will not solve the fundamental problems that dog the industry.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
It can be noted that according to official estimates, GDP growth in FY14 is expected to come in at 4.9 per cent, up from 4.5 per cent in FY13, Icra said.
The Finance Ministry has called a meeting of heads of public sector banks to clear stalled projects.
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
The change from wholesale to retail inflation as an anchor means that the weightage of diesel in inflation has decreased
In line with rally in stocks, the Indian rupee on Monday appreciated for the second straight session and closed with a eight paise gain at a one-week high of 61.36 against the Greenback.
'So far the youth were Modi's strength.' 'It now seems under pressure, and for good reason: Crisis in education, jobs, slowdown in manufacturing, and thereby trading,' points out Shekhar Gupta.
The Central bank primarily factors Consumer Price Index while deciding on policy rate.
The broader markets ended in line with the benchmark indices- BSE Midcap and Smallcap indices ended higher by 1.3% and 0.9% each.
As investors try to second-guess the US Fed, corporate and election results could have a bearing on market direction
Modi's government sees itself in a sweet spot with spare cash.
The e-auction is seeing aggressive bidding.
A rate cut will bring positive sentiment around the Budget.
Hygiene and cleanliness of trains and stations a must
The falls meant that both crude futures were at their lowest levels since mid-April
The economy can't grow without increasing electrification, which requires more power plants, and given coal is the cheapest form of fuel and is abundant, it makes sense that India is looking to boost the use of the fuel.
The central government, in its revised draft of the constitution amendment bill, had proposed that fuel and liquor should be brought under the ambit of GST.
Auto stocks are weighing on the indices.
Whether it's about colonising Mars or donning Net-connected apparel, 2022 is a year everyone seems to be planning for, says Nivedita Mookerji.
The choice clearly is between prompt corrective action and slow but sure destruction, says Tamal Bandyopadhyay.
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.
Robust growth in indirect tax receipts points to a nascent revival in manufacturing sector.
The cutback on export credit refinance facility is another step towards a shift away from sector-specific liquidity allocations.
