Manufacturing sector, which accounts for two-thirds of the industrial production, recorded a growth of 7.3 per cent in June indicating return of consumer demand in the market.
India's entertainment and media (E&M) industry may grow by 10.5 per cent cumulatively next five years, to touch Rs 92,950 crore (Rs 929.50 billion), a PriceWaterhouseCoopers report said on Wednesday.
'The second generation of migrant labourers is not enthusiastic about continuing in this field.' 'The parents of the next generation do not wish their children to be part of this trade.'
The International Monetary Fund on Wednesday raised India's growth forecast to 5.4 per cent for 2009 and said that the global economy is beginning to pull out of a recession.
Liquidity-starved sectors such as infrastructure and realty could be the biggest beneficiaries of the vote of confidence for the UPA.
Sam Bahadur brims with patriotic fervour, but one can trust Director Meghna Gulzar's refined sensibilities to not descend into nationalistic jingoism, believes Mayur Sanap.
Highlighting the tremendous scope for the hospitality sector in the coming year, a top government official today said there would be immense opportunities during the Commonwealth Games.
The 12.5 per cent EM outperformance this year is surprising. As any market strategist will tell you -- in times of stress when safe haven trades are in fashion, emerging markets typically fall faster than developed ones as investors switch out of what they deem to be riskier assets.
An overview of how the tournament could give it a welcome boost...
The International Olympic Committee's financial reserves edged close to one billion dollars in 2012 up from just $105 million (67 million pounds) when outgoing president Jacques Rogge took over 12 years ago, he said in his final report on Sunday.
With import duty on gold raised to 8 per cent, smugglers are back at work.
The US needs to understand that it could potentially lose out on attracting several Netravalkars in the future if it curbs the influx of such industrious Indian immigrants, argues Vishal Menon.
Eighty per cent, or 60 of the 75 companies that made their debut on the mainboard this financial year, ended their listing day with gains.
With the GDP of India predicted to be in between 8-9 per cent this year, the over 300 million middle class population was set to spearhead the growth of the non-woven and technical textile industry, Dr Ramkumar Seshadri, Texas Tech University, said in an analysis.
Mystery surrounded the two powerful 'explosions', which were heard on Monday in the Pakistani capital and the nearby garrison city of Rawalpindi, with reports suggesting that they were caused by aircraft breaking the sound barrier.The loud bangs, heard in the twin cities at about 11 am, rattled the windows of buildings and caused tension among the people. TV channels initially reported that explosions had occurred within the cantonment area of Rawalpindi.
Navyroof.com, a company that highlights investment opportunities in the most upcoming areas of India to the UK investors, Managing Director Andrew Fassnidge said : "All the economic indicators project a bright, sustainable future for India. In the last two years alone, property prices in India increased by 70 per cent." India is also seen as an attractive destination due to the Indian government recently relaxing rules for foreign investment in the housing sector.
The direction of gold prices will depend on central banks, bullion banks and leveraged hedge funds.
Andhra Pradesh, once a model state with total prohibition, has witnessed a tremendous increase in the consumption of liquor. In spite of a growing movement against small liquor shops in the rural areas, 60,000 people have filed tender applications for the 6,800 retail liquor shops in the state, aiming to cash in on the lucrative business.Twelve years after total prohibition was lifted by the then Chandrababu Naidu government, Andhra Pradesh is one of the largest consumers.
