Economic Outlook

RBI may go for 25 bps rate cut on 4 April amid global slowdown impacting domestic growth prospects, say experts

The RBI had reduced the repo rate by 25 basis points in February after a gap of 18 months

Petrol, diesel prices rise for sixth straight day on weak rupee, rising crude; economic slowdown dims fuel demand outlook

Following the price revision on Tuesday, petrol was sold in Delhi at Rs 70.41 per litre, Mumbai Rs 76.05, Chennai Rs 72.52 and Kolkata Rs 73.08 a litre, according to data available on Indian Oil Corporation website.

DBS raises real GDP forecast to 7.4% for current fiscal from 7.2% earlier on consumption and higher public spending

"The economy has recovered since the transitory shocks of demonetisation and GST rollout," DBS said in a research note adding that consumption both urban and non-farm and higher public spending is expected to lift growth.

Equity mutual funds log Rs 10,585 cr inflow in July; total investment crosses Rs 43k cr so far this fiscal

Strong inflow pushed the asset base of equity mutual funds (MFs) by more than 10 percent to Rs 8.3 lakh crore by July-end from Rs 7.5 lakh crore at end-March.

Sensex off to flying start, reclaims 27,000 in a 300 points rally

Market breadth was firm as 1,413 stocks advanced against 416 declines on BSE

Cheer up: We need not be gloomier than the FIIs this time

The picture is one of economic gloom, but the FIIs are pumping money in to India. Do they see something we do not?

Moody's cuts EU long-term rating outlook to negative

Rating agency Moody's Investors Service has changed its outlook on the European Union's long-term debt ratings to negative from stable, sending a warning signal on a possible downgrade to the regional bloc's Aaa rating.

Deal stream: Six deals worth Rs 27,153 crore closed in just seven days

The deal makers are expecting more such "frenzied" weeks and months ahead with domestic deals overshadowing both outbound and inbound deals due to the rising market sentiment.<br />