Previous peak in 2010 crossed in first five-and-a-half months this year.
Rajan's deputy Khan cautions against early celebration of falling inflation, unhedged forex exposure.
'Infectious disease is a given of humankind. There will always be another around the corner.'
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
Adopting a wait- and-watch approach ahead of US Fed meeting
'The big elephant in the room is our misguided view about the rupee.' 'India is scared that if our currency appreciates, who will buy from us. But a breakout is inevitable.'
As the pandemic unfolded, the India-China relationship has come under severe stress. To restore normalcy, agreements between the two countries must be respected scrupulously in their entirety. Where the Line of Actual Control is concerned, any attempt to unilaterally change the status quo is unacceptable, declares External Affairs Minister Dr Subrahmanyam Jaishankar.
In the Middle East, which is already coping with the Qatar-Saudi Arabia tensions, comes another pressure point.
'Did Trump hint at US military intervention in Qatar?' asks Ambassador M K Bhadrakumar.
'It is crucial today to realise where we have reached in this 15 year-period in order to fully and properly assess the profundity of what General Rawat has said,' points out Ambassador M K Bhadrakumar.
'There is hope that in the next 48 to 72 hours there will be some kind of movement forward to de-escalate and not heighten the tension.'
That is bad news for officials taking part in discussions at the International Monetary Fund and World Bank meetings this week.
Why did the Chinese military take over the lab in Wuhan in end January? Did something go wrong? Claude Arpi glances at the mystery surrounding the origin of the coronavirus.
What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy.
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
The IMF's predictions for India's near-term growth may seem rosy, but the usual caveats apply - that is, we are apt to under-perform.
'That the 'I' word is swirling around Washington these days attests to the atmosphere that has taken hold and cannot but have a negative impact on political and economic decision-making,' says Claude Smadja.
Soft oil prices are expected to persist in 2015 and will be accompanied by significant real income shifts from oil-exporting to oil-importing countries.
'If Myanmar falls to China, let it.' 'Sooner or later the rulers of the country will have to call New Delhi.'
Can Modi and Obama forge a common outlook on international terrorism?
The agreement on pricing last month marks a significant step towards promoting energy security in the region, say Nisha Taneja & Samridhi Bimal.
The BRICS model will need to demonstrate the efficacy of a second alternative governance structure to reform the Bretton Woods legacy.
India's foreign exchange reserves are at an all-time high.
We are witnessing a new phase where business leaders are realising globalisation has to take into account national identities and cultures, says Claude Smadja.
The global economy is fragile now. It continues to face both long-term and short-term issues.
President Xi Jinping on Tuesday pushed China's free trade vision for the Asia Pacific region and asked APEC to "break open closed doors" as leaders of the grouping held talks on forging consensus over opening up commerce in the resource-rich and economically dynamic region.
While enjoying long-awaited economic good times - and hoping they will last as long as possible - some caution and some prudence might be the best protection against bad surprises, says Claude Smadja.
'France's challenges revolve around an uncertain economic future, multiple terrorist attacks on French soil and a European migration crisis tied to the situation in Syria and Iraq.'
'A couple of Pulwamas will bring the two nations to war and it will be limited to J&K itself.'
India-Israel relations are at a crossroads. Simply chanting old hackneyed mantras on terrorism, secularism, democracy, et al, won't suffice. There is danger of stagnation setting in, says Ambassador M K Bhadrakumar.
The BRICS Summit tonight decided to establish the new development bank with an initial authorised capital of $100 billion.
A new report says Indian jihadis, including the Indian Mujahideen, are significantly more lethal as a result of external support, primarily from Pakistan. Aziz Haniffa reports.
'The path to a resolution of the ethnic conflict is likely to be complicated and controversial with the majority Sinhalese community, and will become less likely if delayed.' 'It will certainly give Rajapaksa fresh political oxygen with which to revive himself and rally the opposition.'
The good news for us is that India's economy - and sentiment about it - is much better than it was a year ago, says Jamal Mecklai.
China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.
'What gives hope is that Modi's own leadership is vitally linked to his capacity to deliver on the economic front. Indeed, if he succeeds, India's foreign policies will have changed beyond recognition,' feels Ambassador M K Bhadrakumar.
'Both Japan and China face a common challenge: How to deal with Trump.' 'The trade war with the US seems to have facilitated/hastened Abe's China visit, the first by a Japanese prime minister since 2011,' points out Dr Rajaram Panda.
'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.
2014 was a year for downturn for most economies across the globe.
