If credit is not going to flow in response to a policy rate cut, while inflationary pressures, as well as expectations, may be stoked, a rate cut may not be appropriate at this point
The Indian contingent of more than 300 navy personnel was assisting in the relief, with divers searching the brackish waters and medical teams seeing patients in makeshift tents set up at shelters.
Water levels have started receding in Srinagar and telecommunication has been restored in parts of the city after it faced the worst floods in decades.
Danish Siddiqui hopes to keep coming up with compelling stories that help him "sleep peacefully at night".
Why do hundreds, and in some cases, thousands, turn up for a single vacancy at the lowest rungs of government jobs? The answer is simple: It offers a stable, assured income, which overcomes all other objections, says Shreekant Sambrani.
The rupee is expected to remain under pressure in the near term, given the strengthening of the dollar against major global currencies and widening of the trade deficit.
.jpg)
During April-February, the index of industrial production, a measure of factory activity, declined 0.1 per cent compared with a 0.9 per cent growth in the corresponding period of 2012-13.
A look at the key decisions taken by the Narendra Modi government in its six months.
It is the highest rainfall of the season so far in 24 hours.
Finance Minister expects rate cut by RBI.
Inflation in India probably edged up in October as food prices climbed while weak demand is expected to have hurt factory output growth.
Sensex is under pressure due to concerns in the global market.
The Reserve Bank of India (RBI) will make its bi-monthly policy announcement next week. The macroeconomic backdrop to this event is perhaps the most reassuring in the past several quarters.
Sensex climbs higher on favourable global cues.
Lack of political consensus on economic reforms a key concern.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
'The Thai junta, who immediately took control of the operations in a military manner, took the decision to involve the best world professionals for the rescue.' 'This made a huge difference.' 'It is highly probable that in India, the authorities would have said, "We have the expertise, we don't need foreign aid",' says Claude Arpi.
The domestic currency had lost 63 paise to close at over four-month low of 61.18 against the dollar in Friday's trade on weakness in global stock markets and a strong US currency overseas.
Growth in cities has lagged villages as consumers troubled by persistently high inflation have cut spending in the past two years.
'One cup of tea brings me so much happiness.' 'You take that away from me and I know I'm going to have a really bad day.'
The government should frame new policies to assure growth.
India will raise its import duty on sugar to 40 percent from 15 percent, as the government tries to revive business at mills that owe farmers around $1.84 billion, the food minister said on Monday.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances