In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high
One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports.
12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in 2013-14.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
Once tipped to emerge as the biggest exporter, the pharmaceutical industry is yet to acquire the scale of those in software services, says Krishna Kant.
Sarod brothers Amaan and Ayaan Ali Bangash are waiting to take their creation, the Erod, to the world.
While UltraTech Cement has been the biggest value creator adding nearly Rs 99,000 crore to its market capitalisation, Grasim Industries has added around Rs 27,000 crore to its market cap.
At Rs 470,000 for the base petrol variant, Tigor is now the cheapest compact sedan in the country
Wonder why corporate India is showering dividends?
JSW Steel, Tata Steel, Steel Authority of India, Bhushan Steel, Essar Steel, Jindal Steel & Power, and Rashtriya Ispat Nigam are among the top producers of the alloy in the domestic market
An increasing number of young classical musicians are dabbling in fusion music, discovers Aditi Divekar.
Traders blame demonetisation for subdued demand in retail segment
Equity markets in Pakistan and Bangladesh are tiny compared to the market capitalisation of the Indian equity market.
Experts say it will now be tough for the Modi government to catch up with the UPA's economic record owing to the shock induced by the currency demonetisation.
Corporate indebtedness is now twice what it was before the global financial crisis; banks' bad loans ratio is 3.5 times higher.
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
Dividend pay-out by the group companies grew at a compounded annual rate of 15.7% under Cyrus, sharply up from 2.5% in the previous three years
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