Contract does not provide for retrospective penalty for 'such' acts
Terming the RBI action on Wednesday as a "pleasant surprise", analysts today cautioned that possibility of a rate hike in the future cannot be ruled out. Urijit Patel committee's report on monetary policy would clear the air on RBI's future stand, they added.
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Bank has cited trend of global easing and weak growth
New series points to a sharp recovery since FY14.
The MF Industry had a cash-rich 2014 as it crossed the Rs 3 trillion mark.
The muted CPI inflation print at 5% earlier this week, followed by a similar WPI number released Wednesday, seems to have spurred India's central bank into action, is how the economists are reading into Reserve Bank of India governor Raghuram Rajan's 25 basis point cut in repo rate.
The financial and commodity markets will continue to roil, as China's growth moderates and readjustments are made.
Most analysts expect the note ban to sharply hit GVA growth in Q3 and Q4, and the central bank's stance is being called into question.
But splitting management bandwidth by investing in non-core businesses will not be appreciated by the market in the long run.
Airline says can't discuss dues publicly, denies grounding of planes
With future prospects being difficult to predict, hiring for a short period is proving to be cost-effective
The Budget loosened the reins on public spending to drive growth.
The value of the index, adjusted from its all-time high for the relative loss in the rupee's value, is close to sub-10,000 levels.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
Experts caution against tough times in Indian equity markets in 2015.
That is bad news for officials taking part in discussions at the International Monetary Fund and World Bank meetings this week.
Move could be aimed at integrating operations with Indian subsidiary.
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
Vistara has poor load factors currently, it needs to bring down fares a bit to improve flight occupancy.
Technically, the Indian economy is on road to recovery.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
History would indicate that a recession is not that far off.
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