Monetary policy easing, coupled with the relaxation of lending rules and greater election-driven fiscal spending in the first quarter of 2019, will provide some support to growth during the first half of 2019-20 fiscal
It is unlikely that the RBI will drop rates until the inflation rate drops below five per cent.
The industry urged the central bank to consider a rate even before the next monetary policy review on July 30.
Steel, cement, aluminum, fertilisers, tractors, two-wheelers, beverages and carbonated drinks, tyres and FMCG could see demand back to near normal levels by the third or the fourth quarter of the financial year, or even earlier.
'Drought in the 1990s was essentially the drought of a poor India.' 'This 2016 drought is of a richer and more water-guzzling India.' 'The severity and intensity of the drought is not about lack of rainfall.' 'It is about the lack of planning and foresight, and criminal neglect.'
The economists, who were surveyed, also felt it will take time for banks to make any further reduction in deposit rates
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".
RBI is closely monitoring monsoon.
The Delhi metropolitan area has one of the highest concentrations of population in the world, and suffocating the people of the area on an annual basis should be treated as a crime against humanity, especially when the cause for such suffocation can be controlled, says Arvind Kumar.
Amul, Gowardhan raise prices by Rs 2 a litre; others might wait for some time.
Six working professionals tell us how they balance time between work and family.
Total debt for listed Indian companies excluding financials fell only 4 per cent to $368 billion in the year ended in March 2015.
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.
Rajan retained the short-term lending rate at 6.5 and the cash reserve requirement of banks at 4 per cent.
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.
'Unless India Inc's earnings offer promise in March 2017 quarter, sentiment may not reverse in a hurry.'
Five of the 12 BSE sectoral indices ended at 52-week highs; the oil and gas index zoomed by nearly 5%.
Chief Economic Adviser Arvind Subramanian on Thursday said upgrading of India's outlook to positive by Moody's validates the government's reform thrust.
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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.
More than Rs 10 lakh was collected during the fund raising event.
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.
Analysts expect the central bank to remain watchful of inflation.
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.
Ratan Tata has invested an undisclosed amount in an entity catering to pet care.
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.
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.
The Reserve Bank of India (RBI) cut its key repo rate by a bigger-than-expected 50 basis points.
'Coronavirus is not the only emergency, and it is certainly not the only illness people can suffer from'
Rain gods may be kinder; revenue collections going up: Jaitley
Modi assured to extend all required assistance to the state to face the situation, the Chief Minister's office said.
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.
Analysts expect the Reserve bank to cut rates in next monetary policy.
Aseem Chhabra lists his favourite Indian films of 2021.
Flour millers want import duty exemption.
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
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.
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.
Rediff.com takes its readers through the various moods of Raghuram Rajan.
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.
Modi said there was a need to make transactions 'transparent' in India.
