India’s merchandise exports fell from 2014 to about $20.1 billion in August 2015 while imports also fell to about $33 billion in August 2015
The dismal PMI reading raises the chance that third-quarter economic growth could dip below 7 percent for the first time since the global crisis
He also added that the Indian government has solved most of the "legacy issues"
There is a lot more work to be done before private investors stick their neck out in the game
In all likelihood, RBI rate cut will again be one of the key talking points today at the meeting
Key structural reforms remain crucial for a sustained pickup in economic growth
US stock index futures were down 1.2 percent early in the Asian session, suggesting a weaker open for Wall Street
Government economists and policy advisers say the People's Bank of China will now try to stop the yuan weakening much past 6.5 per dollar
Domestic investors felt the heat as Rs 7 lakh crore worth of its wealth were lost in today's mayhem.
The RBI Governor said that turmoil in currency market has been long-coming and China is only the last step in it
Wall Street's selloff this week suggested investors are growing nervous about paying high prices for stocks at a time of minimal earnings growth
The broader market saw losers outnumbering gainers with 1,805 stocks declining against 1,010 advances on BSE.
Market breadth ended weak with 2,075 stocks declining against 763 advances on BSE.
Market breadth ended marginally weak, with 1,527 stocks declining against 1,427 advances on BSE.
It adds to the concern about the outlook for demand, and brings into question just how strong Chinese commodities demand will be.
China has been able to sustain very high growth rates over three decades because it is an authoritarian regime that can privilege investment over consumption. But it cannot export its way out of trouble anymore. It has to slow down and start redistributing incomes.