'Every few days, I wake up with a sense of restlessness that time is running out'... 'We have created a due process for stressed assets to resolve, but there is no concrete plan in place for public sector bank balance sheets,' says RBI Deputy Governor Viral Acharya.
'More a show that you are doing something in the Budget even if that something never actually comes to pass,' notes Nitin Desai.
The online world is driven by convenience, simplicity and speed.
Pushpal Shinde now earns some Rs 50,000 a month.
These consistent performers are expected to maintain momentum.
India has more service companies, such as IT and healthcaresectors, which always trade at a premium to the overall market.
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
'Most importantly, marking a departure from the past, the RBI has made it clear that it is not overtly worried about the level of the local currency,' notes Tamal Bandyopadhyay.
India's economic growth rate in the January-March quarter is likely to slip to 7.2 per cent q-o-q.
Since most banks have tightened lending to diamond merchants and others are about to do so, many medium and small diamond dealers are approaching large players for credit facility within the industry
Modi sees export-led growth one of the best ways to create jobs.
The breadth, indicating the overall health of the market, turned negative from positive
Spread investments in equities, bonds, gold and cash to tackle volatility advise Nitin Singh, MD and head, and Vinay Joseph, director, investment strategy, Standard Chartered Wealth Management, India.
The aggrieved investors of National Spot Exchange (NSEL) have moved the Securities and Exchange Board of India (Sebi) against Financial Technologies (FTIL), the listed promoter.
While information technology companies will benefit, firms with high foreign borrowings or heavy dependence on imports will be hurt.
The RBI also asked the oil marketing companies to smoothen their daily dollar demand so that upcoming bunched up demand was covered in advance in forward markets or on days with low dollar demand.
The RBI also asked the oil marketing companies to smoothen their daily dollar demand so that upcoming bunched up demand was covered in advance in forward markets or on days with low dollar demand.
On the day RBI announced a slew of measures to suck liquidity from the system to stem rupee volatility, a senior SBI official had told PTI that the bank was carrying an actual lendable surplus of Rs 20,000 crore (Rs 200 billion).
There are tweaks to the exterior and interior styling and one big updatecomes in the form of a more powerful engine from the XUV500.
Gold continued its rising streak for the third day and rose by Rs 20 to Rs 27,860 per ten grams in New Delhi on Friday on festive season demand from jewellers and retailers amid a firming global trend.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
Banks cannot shirk their responsibility in cases of frauds.
Despite no change in interest rates, India's largest lender, State Bank of India, last week became among the latest to lower deposit rates, often a precursor to lower lending rates, something some banks have already done for certain consumer loans.
The RBI projection of 6.9 per cent GVA growth for the current fiscal comes on the back of the Economic Survey last week forecasting economic growth of 6.5 per cent.
RBI Governor Raghuram Rajan in his maiden policy review, however, eased liquidity though a reduction in the marginal standing facility rate, at which banks borrow from the central bank, by 0.75 per cent to 9.5 per cent.
Risk sentiment is likely to be favourable if oil prices stay benign, global growth sentiment remains robust and the dollar index does not break out, says B Prasanna.
India still has to go a long way to implement reforms in various sectors.
At present 100% FDI is allowed, of which up to 49% investment in a company can be done through the automatic route
Oil firms' borrowings could fall by up to Rs 15,000 cr, govt's subsidy bill by 12% .
The aim of his visit was to explore how financial institutions can be co-opted in reviving the local economy.
Borrowing from Narendra Modi's phraseology, Pakistan on Tuesday said 'acche din aa rahe hain' for bilateral ties with India.
From parity in 1980, China's economy has outgrown India's fivefold to $10 trillion
A weaker rupee might stimulate Indian exports and nullify some of the effects of Chinese devaluation.
It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.
The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.
Players like UltraTech Cement more expensive than ITC and HUL; others catching up fast.
The immediate concern for the rupee is the sharp spike in oil prices
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
The bank will have around 501 branches.
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