The rise was due to a sharp fall in prices, which spurred demand.
In six months, 2,000 mobile cell sites have been closed.
Demand to remain high with festive season ahead and ongoing price fall
Lower crude oil prices would impact India's inflation, CAD.
Monsoon session of Parliament expected to be stormy and likelihood of GST Bill and Land Bill getting passed are slim
India is still the best story in major emerging markets from a 5-year perspective.
By value, however, electronic goods still account for a large portion of gross merchandise
Given the broken balance sheet and the limited fiscal room, the government has to kick off investment: Vikas Khemani & Stephen Gallagher.
Company feels automation is a big tool to drive down costs and improve efficiency
The US Fed's rate cycle is set to turn later this year, but India is in a much better position than it was in 2013.
Employers are laying the welcome mat for Gen Y -- from hiring videos to claims for the coolest interview ever.
India's gold import bill, estimated at $3 billion in May, is seen falling further this month
Repeat business from existing clients is not coming easily and companies are still in the process of building digital capabilities
Insufficient rainfall will have a negative impact on the economy.
The government has retained 10% duty on import of the yellow metal.
Food prices, which have contributed to a large part of inflation over recent years, have remained benign, despite unseasonal rain.
Gold has held up better than many expected.
Markets and blue chip stocks may see a downward correction in short-to-medium term.
In the near term, the key driver will still be the government's fiscal spending.
'The government has used the current macro situation to its advantage.'
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