FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down
'The Indian economy has been subsidised by the poor.'
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
The expansion in equity market volumes is driven by retail speculators indulging in heavy trading of complex derivatives that are economically unproductive, say Praveen Chakravarthy and T V Somanathan.
'Today, the gift of a good education and the opportunity it creates are out of reach for millions of struggling Californians. That's why I'm running for governor -- to create jobs and give kids a quality education. Jobs and education. That's it. That's my platform'. Neel Tushar Kashkari, the son of Srinagar-born and raised Kashmiri Pandit immigrants, throws his hat in the ring for California governor.
RBI recently cut repo by 0.25 percentage point, taking the rate to 7.25 per cent in three reductions since January.
Sahil Kapoor of Edelweiss Retail Capital Market Research says that setting up a monetary policy committee should have been the first step. And the central bank could have moved towards a formal inflation targeting mechanism after the processes and data sets are in place.
The RBI Governor brought down retail inflation to 3.8% in July.
Rescue teams from India and 33 other countries were on Saturday asked by Nepal to leave as it prepared to launch massive operations to rehabilitate millions of uprooted victims of the devastating temblor that has killed at least 7,365 people, including 41 Indians.
It's crucial for Modi to make India an easier place to do business.
Upon implementation of the 7th Pay Commission the expected yearly burden on the central exchequer will be more than Rs 100,000 crore. Central government employees will get on an average a 24 per cent pay hike. Still, the unions aren't happy.
Gold schemes are offering attractive returns to investors.
Headed by Urjit Patel, MPC for the fourth straight time kept the repo rate unchanged, at which it lends to the banks, at 6.25 per cent. The reverse repo, at which RBI borrows, will be 6 per cent.
'Four years ago, when Gadkari was BJP president, Fadnavis was president of the state BJP, I had gone on a fast unto death demanding separate statehood for Vidarbha.' 'They had come to meet me and promised that once the party comes to power at the Centre and in the state, we will get separate statehood.' 'Four years have passed, but no change is seen on the ground.'
'The way the winners react and the speeches they deliver.' 'That is where the fun happens, when the actors and other winners let down their guard, challenge the system, talk about issues that should matter to us,' says Aseem Chhabra.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
The government has opted for the RuPay debit card over the Aadhaar-based platform for "last-mile" authentication in its Pradhan Mantri Jan Dhan Yojana.
Surat had bagged the fourth rank under the Smart Cities Mission based on its proposal.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
Populations of cities are rising, more are coming in because cities continue to attract people for jobs and because of increased economic activity. One standard question would be: What is the government doing about this?
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
With months to go for the Karnataka assembly elections, the man in the hot seat, Chief Minister Siddaramaiah says he'll make billionaire jeweller Nirav Modi and the Punjab National Bank scam an issue in the upcoming Karnataka elections . In an interview to CNN-News18's Deepa Balakrishnan, the CM also says that Hindutva is not a campaign issue in the state.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
Shubham Kumar Gautam, son of a farmer and a Super 30 student, recounts how, in a journey laced with perseverance, grit and determination, he achieved what seemed impossible.
Following is the full text of Congress vice-president Rahul Gandhi's speech at FICCI's 86th annual general meeting on Saturday:
