From parity in 1980, China's economy has outgrown India's fivefold to $10 trillion
The RBI cut the rate several times last year to reduce it by 125 basis points to the current 6.75 percent.
India should not loosen its fiscal deficit targets in the forthcoming budget, Prime Minister Narendra Modi's top economic adviser Arvind Panagariya said.
The Indian government will present the annual budget for 2016-17 on February 29.
Retail food inflation in December came in at 6.40 per cent.
Yuan's fall would worsen India's trade deficit with China.
Urjit Patel's reappointment will raise market hopes that Rajan, will also be offered an extension when his tenure ends in September.
Fiscal outlook to be little bit challenging next year: CEA
Micromax will invest Rs 300 crore on constructing new factories
India is trying to push a national goods and services tax (GST) through parliament that would replace a myriad of state sales taxes and shake-up government revenue.
Trade ministers from 162 WTO countries will gather in Kenya's capital from Dec. 15-18 to work on an agreement to liberalise global trade.
RBI may hold rates steady as economic parametes are going strong, say experts.
Only 400 grams have been deposited so far.
GE, Alstom land $5.6 billion deals to supply Indian Railways
The Reserve Bank of India Governor Raghuram Rajan said bringing down inflation would help stabilise the rupee.
Corporate tax is likely to be cut to 24%.
After making a larger-than-expected cut of 50 basis points on September 29, Rajan urged the federal government to do its bit to accelerate growth through structural reforms.
Air India is in a better state now than it was when Lohani's predecessor took over in 2011, four years after a merger with state-run carrier Indian Airlines.
Politicians appeal to key groups of voters like farmers or the poor by keeping prices low and ignoring theft, prompting scepticism about whether states will agree to any package that forces tariff hikes.
The government is aiming for an 8-10 per cent annual economic growth.
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