The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
Reddy has worked to reform the economy.
Principal economic advisor, Ila Patnaik, is coordinating the work on Economic Survey 2013-14.
Substantial gains can still be made with good policies and initiatives.
Challenges abound but innovation is key for new banks inorder to survive.
With Pirojsha Godrej at the helm, Godrej Properties posted a fourfold jump in profit in the third quarter of the current financial year, probably the only real estate company that did so well in that quarter.
'While China expressed reservations on the Indian role in the South China Sea, Beijing threw to the winds Indian concerns on Kashmir by announcing $46 billion in investments Pakistan occupied Kashmir,' says Srikanth Kondapalli.
The principal challenge for Rajan's successor is to work with the Bank Board Bureau and the finance ministry to complete these processes of banking reform.
The one common theme across companies that have rewarded shareholders is consumption.
The prospects for strong, sustained economic reforms do not appear to be promising in India.
The 'China model' will command less respect in India, which could help improve policy formulation.
The shops became a subject of a political controversy last week.
At Rs 18,400 per share, value up 100 times since Lehman crisis
The new government needs to clearly insist on diplomatic reciprocal arrangements with China. While reciprocity is a function of power in bilateral relations, the Modi-led government's responses should be based on India'S inherent strengths, says China expert Srikanth Kondapalli.
In 2012-13, the Centre managed to cut fiscal deficit to 4.9% of GDP, lower than the Budget revised estimates of 5.2%
World trade has been growing slower than world GDP since 2012.
Voices from the Treasury are clamouring for lowering rates as this would boost demand.
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It would be fair to say that markets are coming to the end of a down-cycle and are at the cusp of the next up-cycle.
'I can confidently say there will be another financial crisis soon enough, and probably more than one global crisis within the next century, given the increasingly integrated nature of the global economy.'
FinCom prescribes scrapping of effective revenue deficit.
Richard Clarida's recent paper could be key for policymakers in deciding whether India should move to an 'inflation targeting policy regime', says Vivek Dehejia.
Analysts sceptical whether company will sustain rise in operating profits.
Rajan tells RBI colleagues he will be returning to academics
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
The question is whether the Indian economy has the advantage of other vibrant sectors that can step up their performance on the exports front, says A K Bhattacharya.
Be willing to learn from mistakes.
The judiciary has started going beyond the technicalities of the agreements and awarding compensation to buyers.
Clearly, LoCs are becoming a key arrow in India's economic diplomacy quiver.
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.
Premier Li Keqiang highlighted his government's performance in the last one year and the challenges ahead in various fields. Compared to other reports by his predecessors, Li spoke more frankly about the mounting challenges faced by the country. Srikanth Kondapalli on the two recent Chinese parliament sessions.
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.
The President said Indian economy grew at 5.7 per cent during the first quarter of 2014-15.
The upcoming Budget gives Finance Minister Arun Jaitley a chance to let states boost spending.
We need a change in mindset, says the RBI Governor.
'Markets should be driven more or less by earnings growth.'
The finance ministry has put out a revised draft in public domain.
The extra tenor that you are eligible for will come in handy if the interest rate increases.
'Make in India' could suffer the same fate as did privatisation and the command economy, says Ajit Balakrishnan.
The estimates of national income and growth do not pass the 'smell test'.
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