'The reform agenda is progressing in the right direction'.
With Raghuram Rajan not 'really there', the FinMin has decided to keep a watch on market developments this week with all key officials on the job.
Overall expenses in Q2 stood at Rs 6,473.68 crore, as against Rs 5,871.25 crore in the year-ago period.
India is among the worst-ranked countries when it comes to taxation and inflation burden on economy, as also in terms of the negative impact of crime, terrorism and health hazards on business environment, a WEF report said.
RBI has brought down forecasts of both year-end inflation and growth.
In 2015, foreign investors slowed net buying of Indian equities.
The overall rank has been propped by the third criteria of innovation and sophistication, which have ranks of 59 and 57 respectively.
IMF, which has also lowered its global economic growth forecast for 2016 and 2017 by a marginal 0.1 per cent to 3.1 and 3.4 per cent respectively, recommended six 'reform priorities' for India
In June this year, the Bengaluru-based online marketplace has jumped into the fiercely competitive smart device market in India by launching its calling tablet for Rs 9,999.
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
After the recent attack on debit cards exposed the gaps in their security systems, banks are getting serious about data privacy.
Under the scheme coming into effect from April 1, 2018, a donor could purchase bonds from authorised banks against cheques or digital payments. These would be redeemed only in the designated account of a registered political party.
The latest chips can deliver up to 15 per cent better performance than the previous generation, while consuming lower amounts of power.
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
Merging tribunals may lead to administrative convenience, but pendency of cases is likely to increase
Many emerging economies have witnessed a flight of foreign portfolio capital and their currencies have slumped against the dollar.
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
The RBI's projections for consumer inflation over the rest of the year indicate some acceleration, with the rate reaching eight per cent in its baseline scenario.
OIL, IOC, HPCL, BPCL slipped between 0.1-1.5% each while the oil producing companies such as ONGC (0.1%), RIL (1.5%), GAIL(2.6%) also edged lower.
The RBI will have to focus on constructive change to ensure growth.
'In terms of growth rate, India is better than China.'
Three major central banks have hit the zero limit, the Fed, the European Central Bank and the Bank of Japan.
Experts attribute this to economy slowdown and political uncertainty with the general elections round the corner.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
The first six months of the financial year (Siemens follows an Oct-Sept calender) has not been encouraging.
Over the past year we have heard a lot about policy reforms to improve the ease of doing business in India.
Ninety years later, BA counts the country as its second-biggest overseas market after the US.
Commodity futures market's dream run came to a halt in 2013 as a Rs 5,600 crore scam in Jignesh Shah-led spot exchange NSEL and imposition of transaction tax on non-farm items hampered the growth of business, with turnover estimated to dip by 30 per cent to Rs 125 lakh crore.
Nicolas Franchet, Facebook's global head of retail and e-commerce, talks to Business Standard about how the company can help e-commerce firms target customers.
The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.
Most mainstream researchers agree that good governance is a necessary condition for growth.
Apple Inc's embrace of wireless charging for its new Watch may be a defining moment for a technology that's languished for years amid competing standards and consumer confusion.
Users seem to like the idea too: in a recent survey by technology consultancy IHS, 83 per cent were interested in wireless charging; in China, the figure was 91 per cent.
Chief Economic Advisor Arvind Subramanian's interview.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.