Given the developments, analysts do not foresee a quick recovery.
RBI Governor Raghuram Rajan on Tuesday kept the repo rate unchanged 6.50 per cent.
Thousands of ex-servicemen across the country on Sunday converged at Delhi's Jantar Mantar to protest over the delay in implementation of the 'One Rank, One Pension' scheme.
EM asset classes could rally if the pace of US Federal Reserve rate increases moderates.
RBI is expected to discuss about the impact of GST in its monetary policy.
'An expanding army, rising salaries due to the 7th pay commission, and raised pensions due to OROP are consuming money at the cost of badly needed bulletproof jackets, rifles, artillery, submarines, warships and fighter aircraft,' notes Ajai Shukla.
The Congress vice president asserted that OROP was the right of military personnel and the government "will have to give it".
Congress vice president Rahul Gandhi on Thursday accused Prime Minister Narendra Modi of indulging in political exploitation of the sacrifices of soldiers in remarks that come in the wake of cross-LoC surgical strikes on terror launch pads in Pakistan-occupied Kashmir.
The Left unions want concrete action and not just 'assurances'.
Dalit leaders ask community members to give up disposing dead cattle to 'send a strong message' to the Gujarat government.
'The Chinese devalued the yuan initially but then stopped'.
Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
The initiatives intended to benefit the common man include e-ticketing, catering on demand, bio-toilets, food for infants, better stations.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
Parrikar's statement did not go down well with the protesters who said they are "disheartened".
Outlining the Budget estimates for the coming year, the Railway Minister Suresh Prabhu put the plan size at Rs 1.21 lakh crore.
Lakhs of students appear for it every year. How are you preparing for it?
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Rajan retained the short-term lending rate at 6.5 and the cash reserve requirement of banks at 4 per cent.
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.
Post-Jayalalithaa AIADMK cannot take on the Narendra Modi dispensation like their late charismatic leader did it on several occasions in the past, says R Ramasubramanian.
'We hope there shall be more focus on existing projects and their completion rather than new projects.' 'Any new project announcements should be largely for decongesting the existing lines rather than new lines.'
The government on Friday lowered its economic growth forecast.
On the eve of Army Day, Army Chief General Bikram Singh says he will raise this issue with the Rajya Raksha Mantri, Jitendra Singh, who oversees the Department of Ex-Servicemen Welfare, reports Ajai Shukla.
The manifesto, on the lines of the party's promise in Delhi in 2015, also says the AAP government will set up Aam Aadmi canteens at sub-division and district levels where one time meal will be available for Rs 5, and reduce the power tariff to half for usages up to 400 unit.
Fresh investments are constrained by tepid demand.
Jaitley can make his innings -- notwithstanding its likely length -- to be a watershed tenure, or just add to the image of the MoD drifting rudderless, says Brigadier S K Chatterji (retd).
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
'With increasing use of social media for instant communication, the armed services better find a quick solution to the new challenge they face or else continue to remain on the back foot despite doing sterling work in combating the proxy war in Kashmir.'
'She has to get the funds, cut through bureaucratic flab, speed up modernisation, ensure planned acquisitions stick to timelines, make organisational changes and ensure the military is capable of performing the task that it is given,' says Brigadier S K Chatterjee (retd).
'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
'I hope the anger that Gujarat farmers have demonstrated is also reflected in other parts of the country in ensuing elections.' 'Only then will the ruling parties accept that something is terribly going wrong in the hinterland.'
Ten trade unions to go on strike to protest against changes in labour laws
This Budget plans for an increase to 10.3% of GDP from 9.9%.
'Political parties have appropriated our military victories -- the Kargil war is the BJP's and the Bangladesh war is the Congress's -- what is going on?' As Uttarakhand -- where faujis number nearly 40% of the state's population -- prepares to vote, Rediff.com's Archana Masih discovers what upsets retired soldiers in Uttarakhand the most is a forgotten protest in the heart of Delhi.
'I think governments -- whether this one or the ones earlier -- have not understood the strength of the Indian Railways... that it can easily add 2.5 per cent to GDP.'
