Rajinikanth and Latha’s 44-year-long love story is a timeless testament to destiny, faith, and unwavering companionship.
Dr Pronab Sen, former planning commission member and chief statistician of India does not think the ministries would adopt the Raghuram Rajan formula in toto in every case. Dr NK Singh former revenue and expenditure secretary also agrees with Sen.
Rupee is at an all time low at 62. 71. It opened low on the back of poor domestic sentiment and dollar strength in Asia. Some FIIs bought dollars, while some PSU banks sold.
As long as there is pressure on the dollar, the bond market will assume that RBI's job is not done and therefore, it could keep pressure on the bond market and liquidity tightness in some fashion, says CNBC-TV18's Latha Venkatesh.
The fall in the rupee came because of huge buying by public sector undertaking (PSU) oil companies
RBI will be more dovish given the seminal fall in commodity prices. All respondents in yesterday‘s poll expected a repo cut and 40 percent expect a CRR cut.
The item that everybody will be watching out for will be the fiscal deficit numbers for the current year, says CNBC-TV18's banking editor Latha Venkatesh.
Latha Venkatesh, banking editor, CNBC-TV18, shares her view on the inflation data which will be released later in the day. According to a CNBC-TV18 poll, July inflation number may come in at 7.25%.
The December inflation numbers will be released today. CNBC-TV18’s Latha Venkatesh reports on the estimates.