Fresh estimate comes amid fears the Indian currency may slip to a record low of 72 against the dollar before 2019.
Import tariffs and the diaspora are among the weapons India is likely to use to help the rupee, economists say.
Delhi has, so far, resisted the temptation to give relief to consumers and is keeping a close watch on its fiscal deficit goal.
Mobius says end of cheap money will cause a squeeze for many of the companies dependent on them.
Vistara, the Singapore Airlines-Tata venture, that operates in one of the world’s most expensive aviation markets is all set to begin its international flights operation.
Evaluation of bids in ninth round of auctions will run from 12 to 18 July, licenses expected to be awarded by October.
Actual earnings that reinforce forecasts will help justify hope among analysts about market prospects despite headwinds.
Despite mounting efforts to protect tropical forests, deforestation is reaching a scale of global catastrophe.
Insolvency and Bankruptcy Board chief says firms facing bankruptcy have paid creditors Rs83,000 crore to avoid insolvency.
Nikkei India numbers show an expansionary trend, while CMIE data indicates a continuing fall in economy.