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Monthly average income rises to Rs 5,130 in 2011-12

The per capita monthly income, a measure to assess standard of living, grew at a slower rate of 13.7 per cent to Rs 5,130 in 2011-12 at current prices compared to Rs 4,513 in 2010-11. "The per......

India's GDP to grow at 9.5% in FY'09: CMIE

India's real GDP is expected to grow at an impressive 9.5 per cent in FY'09, the Centre for Monitoring Indian Economy said in its monthly review in Mumbai.\nThe Indian economy is heading towards......

Should telemarketing be banned?

Insensitive and rampant soliciting of customers on the phone may hurt the brand being marketed, but banning it altogether is not a solution either.Harish Bijoor, CEO, Harish Bijoor Consults IncNeha......

Per capita income up 1.8% in 2002-03

The dismal 4 per cent gross domestic product growth in 2002-03 means the per capita income has risen a mere 1.8 per cent against the 4.5 per cent growth in the previous financial year. Consumption......

Can private consumption be India's growth engine?

The falling cost of credit has triggered a boom in the retail finance market. Population demographics support an increase in private consumption. Households are transiting from low income to......

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