The Monetary Policy Committee is likely to stick with its 'neutral' stance and flag uncertainty over the inflation outlook beyond June due to factors such as oil prices and the government's promise of increasing the minimum purchase price of foodgrains from farmers.

As US and China get ready for a trade war, India needs clever policies and deft political manoeuvring to avoid collateral damage.

Declining investment (especially private investment), has been a key concern area in the last few years in India.

The Economic Survey also pointed to the criticality of private investment through its finding that three-fifths of the investment slowdown episodes.

International credit rating agency Moody's in its latest report on India's Union Budget 2018, which was announced on February 1, has said it would benefit corporate, infrastructure and insurance sectors.

The Finance Minister had three key challenges to address before presenting the Union Budget 2018.

All eyes will be on Finance Mister Arun Jaitley today as he presents his fifth Union Budget-and the last full one for the Modi government before the general elections coming up next year.

Can Union Budget 2018 deliver on the expectations of the common man?

The healthcare sector is poised for an eventful 2018, as medical and pharmaceutical firms await key policy announcements.

While the Sensex was trading 180 points higher at 35,978, Nifty was up 53 points at 11,019 level. The Nifty hit an all time high of 11,030 level intra day in early trade. Sensex hit an all time high of 36,017 level.

The Wall Street brokerage said, the Rs 2.11-trillion bank recapitalisation of public sector banks announced by the government last month and a likely recovery in earnings are also likely to drive up the stock markets and has set the Nifty target of 11,600 by next December.

The agency claimed the initiatives, including demonetisation and Goods and Services Tax (GST), taken up by the government would strengthen India's credit powers, boost growth prospects and global competitiveness.

The decision to upgrade theratings is underpinned by agency's expectation that continued progress oneconomic and institutional reforms will enhance India's high growth potentialand will contribute to a decline in the government debt.

All major engines of economic growth - private investment, private consumption, exports, agriculture and even government expenditure - have either failed to pick up momentum or slowed down.

The Reserve Bank of India (RBI) on Wednesday reduced the policy repo rate by 25 basis points in its third bi-monthly monetary policy review of 2017-18. The current repo rate now stands at 6 per cent.