Borrowing from Narendra Modi's phraseology, Pakistan on Tuesday said 'acche din aa rahe hain' for bilateral ties with India.
At present 100% FDI is allowed, of which up to 49% investment in a company can be done through the automatic route
A weaker rupee might stimulate Indian exports and nullify some of the effects of Chinese devaluation.
From parity in 1980, China's economy has outgrown India's fivefold to $10 trillion
Players like UltraTech Cement more expensive than ITC and HUL; others catching up fast.
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
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 bank will have around 501 branches.
Expectations that the shutdown will hurt the economy and prompt the Federal Reserve to postpone the start of its withdrawal of monetary stimulus weighed on the US currency.
The immediate concern for the rupee is the sharp spike in oil prices
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.
For easy and wide access, the government plans to market the bond through post offices and various brokers.
Dollar flows in domestic markets are expected to continue but state-run banks are seen mopping the flows to boost RBI's foreign exchange kitty.
Traders said sentiment remained weak after gold dropped to a seven-month low and silver slumped to the lowest since June 2013 in global markets as speculation that US borrowing costs will rise sooner-than-expected strengthened the dollar, eroding demand for precious metals as alternative investment.
Continued its slide for the sixth straight day, gold prices plunged by Rs 220 to trade at three-week low of Rs 28,280 per 10 grams in New Delhi on Thursday on increased selling by stockists amid a weakening global trend.
Yuan depreciation will make imports in China more expensive, depressing demand, especially for commodities.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
India is perceived to be a powerhouse for investment in coming times.
Rating agency Crisil said corporates, especially those in the auto, aviation, consumer durables and oil sectors, will be "severely impacted" by rupee depreciation due to large overseas debt and limited hedging.
Currently, non-residents visiting India are not allowed to take out any Indian currency while leaving the country.
The US Fed on May 24 hinted at withdrawing its third round of quantitative easing, or bond buying programme, worth $85 billion each month, which began in the wake of the worst credit crisis in September 2008.
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
Global currency market sentiment is likely to be driven by the US deficit and debt ceiling negotiations, with markets likely to turn more risk averse closer to October 17, the date by which the US Congress must approve raising the country's borrowing limit.
Mayaram also said as of now, a shutdown of the US government is not likely to have a major impact on the Indian economy.
While enjoying long-awaited economic good times - and hoping they will last as long as possible - some caution and some prudence might be the best protection against bad surprises, says Claude Smadja.
The government seemed unhappy with Raghuram Rajan's interest rate policy.
Most brokerages have maintained their Sensex and Nifty targets as they believe there is little room for further re-rating in the backdrop of weak earnings.
Its registration is unusual because the firm appears twice in the RoC database, but different identification numbers.
India's economy is likely to grow in the range of 4.5 to 5 per cent during the second half of the current fiscal, a CII survey said.
Sustaining anything in the region of 7% growth should be good enough in a troubled and risk-laden world, says T N Ninan.
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Snapping a two-day fall, the rupee opened strong at 59.49 a dollar from the previous close of 59.76 at the Interbank Foreign Exchange Market and then touched a low of 59.59.
BSE Power, Healthcare, Capital Goods, FMCG and Metal indices gained between 0.6-1%.
'China could place the currency on a par with global biggies. But it has to wait to be a serious challenger.'
A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.
Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.
RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2%. It retained its GDP forecast for the current fiscal at 7.4%
Opportunity for India to take leadership in economic diplomacy.
Yaadhum is a documentary that talks about how Islam spread in South India because of trade and not through invasion.
It is important to understand that debt investors are a conservative lot and, in general, most such investments are hedged out of foreign exchange risk to simply earn an arbitrage profit, rather than carry the risk to possibly increase their yield.
Loan waivers will never be enough. Reforming the agricultural marketing system is essential to addressing the concerns of farmers in a sustainable manner, says Nitin Desai.
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