The rating agency expects the Reserve Bank of India to continue its accommodative monetary stance.
The bank, however, maintained that the incremental benefit from the MCLR based lending rates introduced in April 2016 as an alternative to the earlier system of base rate, was positive.
The Pakistan Hockey Federation said it has resumed talks with the Indian hockey authorities to have a bilateral series as soon as possible.
Titan will become the latest Indian brand to ride on the back of the global e-retail major
Mumbai Indians humbled Chennai Super Kings by 37 runs in the Indian Premier League, in Mumbai, on Wednesday.
The RBI expects non-food credit growth to pick up marginally to 15 per cent in 2013-14 from 14 per cent achieved in the previous fiscal and deposit mobilisation to be flat at 14 per cent.
The career bureaucrat-turned-central banker walked into the 19th floor corner room of the Reserve Bank on December 12, 2018. Since February 2019, the Das-led RBI has cut the repo rate by a whopping 135 basis points to support the sagging growth, including an unprecedented 35 bps reduction in August. As he completes one year at the helm, woes in the NBFC sector, overall health of the banking sector and steeply falling economic growth are among the major challenges that needs to be tackled sooner than later.
Pratt, who joined the firm in 2004, has left the company to start his own entrepreneurial venture.
Auto major Tata Motors on Tuesday launched a new version of its small car Nano, which has dual fuel option of petrol and CNG, priced between Rs 2.40 lakh and Rs 2.65 lakh (ex-showroom, Delhi).
De De Pyaar De is a Radio Play being passed off as a Motion Picture, says Sreehari Nair.
From April 2020, manufacturers will have to hike prices of diesel cars sharply to accommodate the costs incurred in the transition to BS VI emission norms, and widening the gap between a diesel and petrol car.
The launch of premium devices from OnePlus and Samsung in the second half of Apple's reporting period added to Apple's woes.
Listing out priorities for the Finance Ministry under Arun Jaitley and the Narendra Modi government as a whole, it said the growth rate can pick up to 6 per cent with the extent and pace of reform measures.
Sitharaman further said that to mitigate genuine difficulties of start-ups and their investors, government has decided to withdraw angel tax provisions for them.
'I regret not having played an individual sport. When it came to rewarding an athlete, it was always one in an individual sport who was favoured.' 'I feel lucky that I was born in India and played football for India. I can go home with a smile on my face..'
India might have lost to Pakistan in the summit clash of men's hockey in the 12th South Asian Games but captain Mandeep Antil on Saturday sought to take the positives from the performance of his players, saying they have done well given the inexperience of the team. With the country's top players taking part in the ongoing Hockey India League, India fielded an inexperienced team mostly consisting of junior players and they failed to click as a unit in the SAG. India settled for the silver medal after losing twice to arch-rivals Pakistan, including in the final 0-1 in Guwahati on Friday night. India had just two senior players who had played some international matches in Antil himself and veteran Gurbaj Singh. Even Antil has played just 20-odd international matches while Gurbaj has donned India colours in more than 200 games. Pakistan had at least six players who played in the London Olympics. Antil said he was disappointed to have lost to Pakistan in the final, which he felt was a close match. "Any loss to Pakistan at any level is a disappointment. We wanted to win the gold but we could not do it. We played better (than the group match which also India lost 1-2) and it was a close match but we lost again," Antil told PTI.
Some accounts can be revived by rescheduling loans, which the RBI envisages to do once the norms get finalised after the public discussion.
The price of vegetables in general rose by 77.81 per cent making life difficult for the common man.
For the 12th successive time, none could match up to India's regional might but the host country's record-breaking medal haul of 308 can hardly hide the fact that the standard of competition in the South Asian Games has failed to rise significantly.
The government hopes of registering GDP growth rate ranging between 6.1-6.7 per cent in 2013-14.
RBI is scheduled to announce mid-quarter review of monetary policy for 2013-14 on June 17.
Recalling the planned move, former national selector Raja Venkat told PTI that the idea to elevate Kohli was prompted by a string of poor results during the tour of Australia at that time.
Noting that several external probes are currently underway -- including police investigation -- preliminary inquiry conducted by the district administration, inquiry by State Sports Secretary and inquiry by State Human Rights Commission, "hence it would not be appropriate to make any specific comment in this regard."
Hits street with demonstrations across 75 UP districts
In the seventh top level exit in six months at Infosys, Subrahmanyam Goparaju, Senior Vice President and a member of the Executive Council that frames business strategy, has resigned.
Strong currency and sagging oil prices are spooking policymakers.
Giving final touches to its most ambitious plan to build a wide network of new silk roads on land and seas to enhance global connectivity, China has invited India to join President Xi Jinping's pet project that would revive the ancient trade route and benefit the region.
Petra Kvitova produced a majestic performance to end Eugenie Bouchard's hopes of becoming the first Canadian to win a Grand Slam title with a 6-3, 6-0 win in the Wimbledon final on Saturday.
Singh said his priority would be ensuring unbiased policing.
It pointed out that farm loan waivers, combined with a potential stimulus which the government is mulling now, can result in a 1 percentage point slippage in fiscal deficit
'There are reports of political dissent mounting on Xi Jinping's handling of the Wuhan fallout.'
Following the meeting, Subbarao said the central bank will look into the latest inflation numbers before coming out with the monetary policy review.
RBI wants the lending rates to be determined by the market.
The domestic currency has gained by four paise or 0.06 per cent in two days.
Rahul is looking to bring new leadership in the state units that can bring in the young generation back into the party fold and revive its sagging image and morale. Renu Mittal reports
Committing to more steps to boost economy, the Finance Ministry said initiatives taken by the government in the past one year will boost investment and revive the sagging growth.
"I am Dawood Ibrahim that is why I am being hounded," St Stephen's college principal Valson Thampu on Thursday said, expressing anguish over the "way" he is being "attacked" in connection with a research scholar's sexual harassment case.
'Genuine mistakes can and must be forgiven,' argues Vivek Gumaste.
Vamshi Krishna shares his incredible weightloss journey.
Sitharaman said that developed countries were blaming India for the impasse at the WTO, but India convinced them about its legitimate demand.
