Amidst the high-decibel launches, the existing players witnessed
improvement in passenger traffic, higher passenger load factors and a
sharp drop in fuel prices.
The precious metal has been hammered over the last 18 months even though all the forecasts of rising US 10-year yields and US monetary tightening have not materialized.
The big breakthrough in e-commerce came in Oct when the big three of Flipkart, Amazon and Snapdeal offered pre-Diwali sales with eye-popping discounts.
It was loans given to big corporates turning bad that kept the banks on their toes and even extreme efforts could not yield desired results amid various roadblocks.
2014 started with RBI introducing a mechanism for early detection of NPAs. Rajan's therapy was to act in time rather than waiting for 90 days to declare an asset as NPA.
Corporate India finds govt schemes like Jan Dhan Yojana, announcement to build Smart Cities 'promising' and is hopeful that the next Budget would make progress on these.
It was for the first time in Independent India's 67-year-old history
that providing 24X7 electricity access to all the citizens became an
election issue.
