Report sees RBI achieving its inflation target of 8% by Jan 2015 and 6% by Jan 2016
Rajan's deputy Khan cautions against early celebration of falling inflation, unhedged forex exposure
Bankers cautioned that asset quality stress might continue in coming quarters, leading to erosion in their profitability
This is the weakest level for the rupee since 61.83 on October 16
Poll predicts rupee at 61.70 per dollar in six months and 62.36 in a year.
Says reasons for elevated food prices remain 'structural'
RBI could opt for a 'deep cut' after winning inflation war, say experts
Foreign and new-age private sector banks have taken the lead in facilitating online transactions
Electronic payment systems account for 41% of the total volume of transactions in the online commerce space and 90% of the total value
There are umpteen cases where travel websites and airlines advertise tickets for unbelievably low prices, without mentioning taxes and other charges
Says the central bank should start focusing on growth with inflation worries subsiding
Despite a strong start, the currency erased all its morning gains during intra-day due to sharp bouts of dollar demand from importers
Dollar index is up 0.36%
A better dollar overseas also weighed on the rupee while sustained capital inflows restricted the rupee fall
Most Asian currencies trading weaker against the dollar.
Turning the spotlight on the changes banking & insurance saw after the introduction of private banks
Automated banking is a boon to customers, but it comes at a cost
Cost is not the only factor that one should look at. It's best to keep investment and insurance apart
Gold reserves remained unchanged for the week at $20.01 billion