Among the voting members of Federal Open Market Committee, however, it seems Stan is more of the “odd man out,“ according to Jefferies.

The Indian currency had declined 22 paise on Friday to end the week at 66.46 against the greenback. There was persistent demand for dollars.

Valuations look very high, investors look highly leveraged; there are many reasons to support that markets could take a hit, says Dixon.

The monthly jobs report could be a swing factor for the Federal Reserve in determining whether to raise rates next month, said Mohamed El-E...

Lower CAD combined with political stability will provide international investors the primary reassurance, says Raghuram Rajan.

"If you look at some of the biggest countries, it looks like India is going to have a good third quarter," Kim said.

Joseph Stiglitz, Professor at Columbia University and a Nobel Prize winner favours rate cuts and stepped up public investment, in an interv...