The way to enjoy Munnar in the monsoons is to make peace with the rains, says Geetanjali Krishna.
A fall presents an opportunity to buy rate-sensitive stocks.
The lockdown has taught companies a lesson or two on running business with fewer human resources. These lessons are unlikely to be forgotten, observes Mahesh Vyas.
Retail inflation has eased from double digits in 2013.
The government will take special efforts to ensure adequate credit flow to underserved areas -- the eastern states and Jammu-Kashmir, he added.
Costlier vegetables slowly pushed retail inflation, which had remained well within the Reserve Bank's comfortable level of 4 per cent during most part of 2019, peaked to more than three-year high of 5.54 per cent in November.
An analysis of past 20 years' demand cycles done by Edelweiss Securities indicates that the auto sector is currently in the middle of a down cycle. Volume recovery, they say, is unlikely to be as sharp as in the past, unless there is strong fiscal support.
'Investors hate uncertainty and the demonetisation move certainly creates that.'
You don't need to be a fan of Jurassic Park or Jungle Book to head out on these holidays!
Poor rainfall has also depleted water reservoirs levels, which is likely to impact the winter crops.
BJP-ruled Maharashtra levies 46.52 per cent VAT (47.64 per cent in Mumbai) on petrol, the highest in the country.
RBI likely to cut rate early next year.
Gains were led by Tata Motors amid robust sales in June along with select financials.
Worries remain on earnings-valuations mismatch, global issues; resolution of the MAT row could be biggest positive trigger
The country's GDP grew at the fastest pace in seven quarters at 7.7 per cent in the January-March period, retaining the fastest growing major economy tag on robust performance by manufacturing and service sectors as well as good farm output.
Sectors such as Auto, Banks, Capital Goods, FMCG, Metal, Oil & Gas and Power are trading marginally lower.
While a pick-up in summer monsoon rains in recent weeks is expected to cool food inflation, most analysts don't anticipate another rate cut before a new governor is on the job
RBI is closely monitoring monsoon.
He said the UPA had left the economy in a dire state, with Consumer Price Index and food inflation at double digit, Wholesale Price Index inflation around 6-7 per cent and growth prospects were limited.
The RBI has made serious attempts to improve fiscal deficit.
According to estimates, if the companies are not allowed to raise petrol rates at least Rs 5 a litre by the first fortnight of September, they might begin to suffer underrecoveries on this decontrolled auto fuel, too -- for the first time this financial year.
Sensex ends lower; govt schemes in focus.
The Reserve Bank is likely to cut the repo rate by 25 basis points (bps) after the Budget.
Participants will keenly watch fate of GST Bill in Parliament.
Analysts expect the Reserve bank to cut rates in next monetary policy.
The public sector banks are not in a position to cut rates because of their weak balance sheets and massive portfolios of non-performing assets, says Devangshu Datta.
And why markets could give up 25 per cent of all these gains made since March 2020
Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
India was the flavour of the year, at least in the FMCG sector, as multinationals hiked stakes in their subsidiaries lured by long term potential of the country, while homegrown executives made their way to top hierarchy of global firms in 2013.
Given that there are hundreds of players in the shadow banking space, it's hard to make a credible estimate of potential NPAs. That creates more scope for panic, says Devangshu Datta.
Farmers with land sizes less than 0.01 hectare have an average annual income of Rs 54732 and annual consumption of Rs 61296, thereby, a debt of Rs 6564 each year. Compare this with the minimum pay for a government employee, says Devanik Saha.
Rupee will weaken against the dollar in next 12 months, says Reuters poll.
Milind Bhade presents a list of 10 forts near Mumbai that offer a slice of history along with breathtaking views.
'It is unlikely that foreign portfolio investors (FPIs) might increase their India allocation, given the overweight status for most FPIs.' 'Given the commentary from the Republican Party, an anti-imports approach means money will not flow out of the US.'
The broader markets, however, outperformed their larger peers.
RBI will be cautious easing rates further given oil price uncertainties
Financials ended mixed despite the status-quo on key rates by the RBI. SBI, ICICI Bank and Axis Bank ended up 0.4-2.5% each.
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
With global markets pushing ahead, enthused by strengthening US jobs market, and also due to prospects of European rate hike, Indian markets also continued the march ahead.
