'Coronavirus is not the only emergency, and it is certainly not the only illness people can suffer from'
RBI is closely monitoring monsoon.
Leader of the Opposition in Lok Sabha Sushma Swaraj on Tuesday night tweeted that her party was opposed to the ordinance approved by the union cabinet and "we request the President not to sign this ordinance".
More than Rs 10 lakh was collected during the fund raising event.
At least four persons, including a foreigner, were killed on Tuesday when their helicopter crashed while returning after distributing relief materials to earthquake victims in Nepal's mountainous region.
Total debt for listed Indian companies excluding financials fell only 4 per cent to $368 billion in the year ended in March 2015.
Rajan retained the short-term lending rate at 6.5 and the cash reserve requirement of banks at 4 per cent.
'Unless India Inc's earnings offer promise in March 2017 quarter, sentiment may not reverse in a hurry.'
Amul, Gowardhan raise prices by Rs 2 a litre; others might wait for some time.
The country has produced a record harvest, but many farmers in the onion bowl of Maharashtra have lost a large share of their crop damaged in storage, adding to the country's inflation woes.
Chief Economic Adviser Arvind Subramanian on Thursday said upgrading of India's outlook to positive by Moody's validates the government's reform thrust.
Five of the 12 BSE sectoral indices ended at 52-week highs; the oil and gas index zoomed by nearly 5%.
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The government on Tuesday announced a host of measures to tame inflation, which had soared to a five-month high of 6.01 per cent in May.
Modi assured to extend all required assistance to the state to face the situation, the Chief Minister's office said.
Analysts expect the central bank to remain watchful of inflation.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
Ratan Tata has invested an undisclosed amount in an entity catering to pet care.
The government must expand the farm insurance cover and advice banks and financial institutions to settle crop insurance claims in the drought-hit areas without delay.
The Reserve Bank of India (RBI) cut its key repo rate by a bigger-than-expected 50 basis points.
The higher than expected growth in the second quarter of 2013-14 is an indication of recovery in economy but some key sectors still need to perform better, India Inc said on Friday.
The irony of this scheme to benefit farmers is that it could add to the problems for the government because the mechanism to procure and store crops like pulses, coarse cereals and oilseeds barely exists.
Policymakers have been grappling with high prices for food staples such as onions and potatoes even after the central bank raised interest rates by a quarter percentage point in each of its previous two reviews.
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
Rain gods may be kinder; revenue collections going up: Jaitley
An estimated 223 people have lost their lives since August 8 in Kerala's worst floods in decades that has caused damage worth more than Rs 20,000 crore.
The situation in the state was 'extremely grave', said Vijayan, who spoke to Prime Minister, Narendra Modi and Home minister, Rajnath Singh, this morning seeking more central assistance for relief operations.
'Overall, domestic demand has moderated significantly. 'The weakening of private consumption, which for long has been the bedrock of aggregate demand, in particular, is a matter of concern,' RBI Governor Shaktikanta Das said in the MPC meetings, in October.
'The Budget will have to be substantially re-cast as soon as a new government takes charge after the elections.' 'Both revenue and expenditure numbers will have to be trimmed -- and then may better reflect the deceleration of economic activity caused by slowing consumption trends,' points out T N Ninan.
Aseem Chhabra lists the movies that taught him about the Idea of India.
The Reserve Bank of India (RBI) kept its key policy repo rate unchanged at 8.0 percent on Tuesday, as widely expected, while expressing concerns about risks to its target to bring consumer inflation down to 6 percent by January 2016.
'This may be good news for Rahul Gandhi, for no matter how Modi performs, there will always be some degree of dissatisfaction with his performance among large sections of voters,' says R Jagannathan.
Analysts expect the Reserve bank to cut rates in next monetary policy.
Flour millers want import duty exemption.
Rediff.com takes its readers through the various moods of Raghuram Rajan.
Growth, said HSBC, would be helped by higher public investment, bankruptcy code and direct transfer of subsidies
Modi said there was a need to make transactions 'transparent' in India.
The two bills -- Farmer's Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, and the Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 -- were passed by Lok Sabha on Thursday.
Growth numbers for the large players in the sector, though, improved during the quarter.
Hundreds of people have been evacuated to safer places in eastern Rajasthan after heavy rainfall over the past two days led to a flood-like situation in the region and severed road connectivity to many areas.
The broader markets, however, outperformed their larger peers.
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