Dy Governor notes it's an era of job changes for better.
The minders of the Modi government's economic policy believe it would take 7 to 8 quarters -- or till around late 2018 -- for the economy to reap the rewards of demonetisation.
RE of GDP for 2015-16 show that the economy grew 7.9% in 2015-16, rather than the earlier estimate of 7.6 per cent.
Chinese stock markets suffered their biggest single-day drop since the global financial crisis.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
'A broad-based revival of private sector investment was likely in 2018-19 after businesses had successfully made the switch to the GST.'
The government recently announced a new formula for determining the price of natural gas, lowering it from $8.4 suggested by the C Rangarajan committee.
Hospitality chains are hosting dual brands on one property, looking for operational efficiencies without diluting their brands, says Shivani Shinde Nadhe.
RBI is expected to discuss about the impact of GST in its monetary policy.
'GST will bring in much needed transparency and higher investments in the coming years and we hope that a few percentage points to India's GDP.'
Banks have not cut rates yet as March is typically a busy season.
The meeting will focus on how to make the crisis an opportunity for India.
The mismatch between PMI and core sector could also be due to the fact that while core sector is calculated year-on-year, PMI is calculated month-on-month.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
Indian basket at 6-month low of $49.11 a bbl
The latest results suggest Tata Steel Europe may have lost pricing power, though production and turnover are up.
The surge in the stock market has failed to stem the trend of small-sized brokers shutting operations.
Reserve requirements, mandatory investment in G-secs under Companies Act may slow lending for HNI investment in IPOs.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents
Onions had the highest inflation rate among all major commodities.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
'While collections under the Income Disclosure Scheme explain it partly, indirect tax numbers not showing any effect of the withdrawal of high denomination currency notes was puzzling.'
UPA-II has yielded a 7.5 per cent average annual growth rate
Though Indian banks don't have large exposure to subprime mortgages, analysts are worried at the rise in their restructured loan portfolios and deterioration in credit quality.
Hawkish tone likely to guard rupee from further slide
Poor rainfall has also depleted water reservoirs levels, which is likely to impact the winter crops.
Marriott-Starwood, Carlson Rezidor and others are winning the tug-of-war for customers with local hotel chains as they add new properties at a breakneck speed.
Lack of clarity on the overhaul of the subsidy-sharing mechanism by upstream companies.
November IIP data show a fall of over 20%, led by automobiles, gems & jewellery and home appliances; turnaround seen as unlikely.
The greatest disconnect lies in the estimates of industrial growth.
The outgoing chairman believed in building for the future; for his successor, the challenge will be to maintain the momentum, says Ishita Ayan Dutt.
Rural slowdown may delay growth in the economy.
Rush to offload bad loans indicates a revival in asset-sale market
The BJP's manifesto for UP elections promised many things. But, given the state's precarious financial position, fulfilling these promises is likely to prove tricky, says Ishan Bakshi.
A reversal of policy at this juncture could jeopardise the recent gains on inflation
Officials say a fall in global oil prices will reduce the government's subsidy burden, giving it a greater chance of hitting its ambitious fiscal deficit target of 4.1 percent of gross domestic product in the fiscal year to March.
Since January 2015, the central bank has lowered its policy rate.
'There are a lot of positive things these reforms are bringing about and it is only a matter of some quarters before the growth rate picks up momentum.' 'Until then we need to be a little bit patient.'
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