The government should frame new policies to assure growth.
At the Interbank Foreign Exchange market, the domestic currency resumed stable at its overnight close of 60.07 a dollar and immediately touched a low of 60.09.
Rajasthan CM Vasundhara Raje breaks her silence.
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.
The government on Monday slashed import tariff value on gold and silver to $408 per 10 grams and $617 per kg respectively, in view of weakness in bullion prices globally.
Trade deficit for the quarter narrowed by about a third to $30.7 billion from $45.6 billion in the year-ago period.
Clarity on the roadmap necessary to assess its likely impact on near-term fiscal health and investment.
Dhawal Dalal, executive vice-president & head, fixed income, DSP BlackRock Investment Managers, expects the central bank to hold rates for the rest of calendar year 2016.
In Singapore, gold prices have risen by 0.46 per cent to $ 1,294.20 from $ 1,288 per ounce in last one fortnight.
Jaitley's Budget has the potential to change the face of Modi's Bharat
The Budget tried to please politicians, rating agencies and reformists, and let them all down -- slightly.
Morgan Stanley expects RBI to cut rates sharply rather than "dribble down".
India's GDP is poised to accelerate to 5.5 per cent in 2014-15 on the back of improved performance in industry and services but it may take some time for the country to reach its potential growth rate, says an Asian Development Bank (ADB) report.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
Spotlight likely on cement, metals, road cos
Economists have cautioned that any deferment of the government's fiscal goals would prove counter-productive and raise the interest payment burden.
If crude prices have increased, retail petro product prices should go up.
The government's total debt increased by 2.6 per cent to over Rs 46 lakh crore in the third quarter ended December, compared to the previous three months of the current financial year.
The 50-share NSE index Nifty rose by 24.95 points, or 0.41 per cent, to settle at 6,073.30.
The country's apex exporters body Federation of Indian Export Organisations said that support extended by the minister for research and development activities and reduction of duties on capital goods will help in increasing competitiveness of Indian products in the global market.
Although dealing rooms were operational, apart from some big banks, most refrained from trading as there were no retail flow
Reducing policy rates is not enough. The key is to ensure banks lend to credit-constrained borrowers.
It's the beginning of a rate reduction cycle
RBI has, since January, cut its policy rate four times.
Don't get carried away by the current rally; be picky and take a stock-specific approach.
Petrol price was on Friday cut by Rs 2.42 per litre and diesel by Rs 2.25 a litre after an excise duty hike limited the benefit of global crude prices slumping to six-year low.
CRR remains unchanged at 4%; first repo rate cut since May 2013.
There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome.
Make In India and the reduction in barriers of trade will potentially create a growth environment.
India's macroeconomic environment is improving, but it is still not past the point where it can ignore the developments in the global markets
With the government not continuing with lower excise duty beyond December 31, major car makers, including Maruti Suzuki, Hyundai, GM India and Honda have raised vehicle prices by up to Rs 127,000.
However, some experts, including RBI Governor Raghuram Rajan, have favoured doing away with curbs on gold imports because they lead to smuggling.
Rajan also did his bit by taking steps to protect the currency against speculative attack as did the government in curbing gold imports and bringing the Current Account Deficit
The United Nations estimates about one third of the world's 1.2 billion poorest people live in India
Raise the price of diesel and restrict supply of subsidised LPG cylinder in a year to four per family, Prime Minister's Economic Advisory Panel suggested on Friday.
Subject to finance & tech from rich countries through an ambitious, fair Paris deal
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