But unlikely to retain gains as month-end dollar demand likely to weigh
The overnight call money rate finish lower at 7.60% from 8.00% on Wednesday. It moved in a range of 8.30 per cent and 7.50%
Every reason cited for policy tightening was present in December, but the central bank decided to wait and see at that juncture
The partially convertible rupee closed at 62.56/57 per dollar compared with 62.41/42 on Wednesday
The central bank has assured that India is better prepared to face tapering due to its strong foreign exchange reserves
Rupee ends stronger, partly due to Rajan's remarks, but gives up most of day's gains on general jitter
The partially convertible rupee closed at 62.41/42 per dollar compared with 62.51/52 on Tuesday
Dollar sale by custodian banks, bullish equities help
Under new regime, RBI will hold six reviews in each financial year as against present practice of eight reviews
They were not expecting RBI to cut rates but presumed these would not be changed
'Near-term risks recede with improvement in CAD & trade outlook, giving room to build resilience in medium term'
Lending rates in certain segments may be increased; fixed depositors may lock into existing rates
Core, headline retail inflation expected to remain high and above central bank's comfort level
Rate rise was the right call as it is consistent with RBI's primary objective to curtail inflation
During every policy review, markets expect RBI to lower rates or maintain status quo. Markets always believe in the growth story
Rajan surprises again, hikes rate 25 bps; signal of an end to near-term tightening doesn't convince many; banks in wait & watch mode
Rate rise shows RBI is leaning more towards controlling inflation at the cost of growth
Postmen have been collecting data for CPI, which could become RBI's main inflation measure, since 2011
The Business Expectation Index improved marginally for Q3 of 2013-14