Investors would benefit from investing in IT companies with sound business models and visionary managements.\n\n
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
The government's decision to pass on the rise in oil prices to consumers not only inflates their petrol and diesel bills, it also fuels concerns over a possible economic recession, analysts said.
Subbarao said he would be "ok" if a sovereign bond issue in foreign currency is done once just to test the waters, but cautioned against using the instrument regularly.
'This market is very expensive in some pockets, dirt cheap in some, and the belly of the market is reasonably valued.'
Make In India and the reduction in barriers of trade will potentially create a growth environment.
So what should you be doing? There are a number of strategies that one can follow. Here are a few:
India Inc on Wednesday said it looked forward to the new RBI Governor Raghuram Rajan initiating cut in interest rates and improving credit flow to crucial sectors like infrastructure to put economy back on high-growth path.
As concern about the unfolding economic crisis has risen in India, many experts have assured us that 2013 is not 1991.
'Chest-thumping on-air theatrics on television are no consolation for families who've been forced to embrace the price of war,' notes Nikita Puri.
Finance Minister P Chidamabaram on Thursday indicated that the increase in reverse repo announced in the Reserve Bank of India credit policy will not raise bank lending rates and allayed fears on inflation by promising steps to ensure
The convertibility is RBI Governor's 'next big ambitious goal'.
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In 2008-09, the economy grew at 6.7 per cent despite poor farm sector growth of 0.4 per cent.
Good monsoon, farm loan waiver -- the two key reasons behind more customers in jewellery shops
India's manufacturing sector witnessed a modest growth in May, but going ahead "weak demand conditions" may persist.
'We have promised to ensure reduced tax rates.'
Costlier petrol, diesel and LPG pushed up inflation to 7.76 per cent during the week ended November 6 amid fears that it could rise further in the coming weeks after the full effect of the second round of price hike in petro products during the perio
Crude oil prices have more than doubled, pushing up India's import bill and raising fears of a higher current account and fiscal deficit. This will impact corporate earnings.
Gold looks cheap compared to the stock markets that are highly overbought at the moment.
The panic selling that was seen across global equity markets (including India) during the previous week was a fallout of the Federal Reserve's view that US interest rates are in for a faster rise going forward. \n\n
Skittish investors snapped up gold and other safe-haven assets amid fears of a global economic slowdown
State Bank of India on Monday ruled out any immediate hike in lending rates amid fears of a rise in interest rates in the economy due to surge in inflation.
Strong gains in Vedanta Ltd, Adani Ports, Bharti Airtel and Maruti Suzuki helped the index touch record levels.
Returns are likely to be very average and the risk, in the event of an interest rate rise, is significant. So the risk-reward ratio is not very healthy.
Hailing the announcement of Raghuram G Rajan as the new RBI Governor, India Inc on Tuesday said the appointment of the former IMF Chief Economist will help bring the economy back on growth path.
Businessmen love low import duties on their inputs and high duties on their outputs. And the Bharatiya Janata Party has a keen ear for business sentiment.
Institute of Economic Growth warned on Wednesday that the rise in oil prices due to fears of war in Iraq might "hamper" the government's plan for acquiring and maintaining strategic oil reserves for 45 days and the import bill was bound to go up
In the Sensex kitty on Wednesday, Tata Motors emerged as the top loser falling 3.01 per cent, followed by Vedanta shedding 2.92 per cent. Other laggards include HUL, Kotak Bank, NTPC, Infosys, HDFC Bank, Bajaj Finance, Hero MotoCorp, ICICI Bank, Yes Bank, HDFC, IndusInd Bank and PowerGrid, falling up to 1.77 per cent.
There is a strong case for 25 basis points cut in interest rates.
Budget was a mild disappointment. Yet, the bull run continues.
IMF chief said the G20 leaders need to respond to the calls for creating jobs.
'The reform agenda is progressing in the right direction'.
The latest forecast, given by Earth Sciences Minister Jitendra Singh, was a downward revision from a previous forecast of 93 per cent given at the outset of the monsoon in June, but was nowhere near as bad some farmers had feared.
'Today the real issue facing the Modi government is not about investment, credit and money supply and all those things economists like to talk about.' 'It is whether your average citizen has confidence in the government not to do something utterly whacky,' says T C A Srinivasa-Raghavan.
Here are 10 global and domestic factors.
Anandabazar Patrika reported that Rajan would prefer to go back to the United States after his three-year term expires in early September
Just when stocks are seen as invincible, we should worry, warns Akash Prakash.
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The report indicated that price rise will continue being a problem and that inflation, which is restricting the Reserve Bank from loosening its elevated policy rates.
If oil prices rise, the government would face an uncomfortable political decision.
The IMD came out with a dismaying prediction.
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