The total number of passenger vehicles (cars and utility vehicles) sold annually in the 1970s was 32,000 units - less than even one week's sales today.
Indian govt is trying hard to get global investors to invest in the country.
In a growth market, these funds should not form more than 10-15% of your portfolio. Invest with a horizon of at least 5 years
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, answered some important questions on the market.
Low consumer demand, a slide in investments and troubles in the banking sector should prompt the government to recalibrate taxes and expenditure. It is also important to ramp up spending on health care and education, says CII president Sumit Mazumder.
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India's share of 2015 emerging market allocations will be driven by FII perceptions on likely growth and reform.
What is Change really like in Bihar? Once seen as India's basket-case, what is its turnaround story like? Archana Masih reports from India's other most talked about state.
The post mandate comments that 'darkness has descended on India' shows the kind of opposition Modi has to overcome. It is this aspirational India that is attempting to throw away shackles of Macualayism. Make no mistake it is a tectonic shift and a beginning of the end of Maculayan mindset that has 'ruled' India for close to 60 years, says Colonel (retd) Anil Athale.
In an interview with Business Standard, Arundhati Bhattacharya says she expects stalled projects coming back on track in two quarters.
India Inc is encouraged by a determined Budget.
Triumph Tiger 800 XCx is fantastic in the city, supremely comfortable on the highway and surprisingly easy to ride fast in the dirt, says Benjamin Gracias.
Deployment of THAAD in South Korea could unfold a new cataclysm in the Korean Peninsula with unwelcome prospects.
E-commerce players also realise the value proposition women employees bring to the table.
Amongst those who heard the message of the Bihar results would be Defence Minister Manohar Parrikar, whose realm is simultaneously the country's most complex and -- when something goes wrong -- the most emotive, says Ajai Shukla.
From citizenship rights to hate crimes and police brutality, no wave of persecution in the US has left Indians completely untouched.
On a field trip to Bharatpur at the peak of the summer, author realises that every season has its own charm
The Hero Electric Cruz is a good electric vehicle, but has a few more boxes to be ticked for it to be accepted by the masses.
A Balasubramanian tells Business Standard that the sector will see one of its best phases in the coming five years.
Ritika Bhatia lists some of the best camping spots and adventure trails for a perfect mix of offbeat vacation and precious solitude this summer.
Examples of coordinated initiatives.
Prime Minister Narendra Modi on range of issues -- from Rafale deal to Ram temple and triple talaq.
Bombay House turns evangelist for new Tata products.
Biggest contribution came from Bharti group-led Satya Electoral Trust.
A few simple ways to ensure you stay active and healthy.
'Would not proudly showing President Xi Jinping that people from India's North-East are as much a part of India as those from anywhere else be like a slap on the face of Chinese aggression?' asks Chitra Ahanthem.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
'Understand one thing, if you want immediately and magically that things should become cheap, it's not possible. It's a long-term policy.' 'Inflation is linked to the storage system and with the production system. Whenever production rises, prices go lower. So if we store when the prices are low and release them when prices rise, prices can be maintained.' 'The problem is that in our country fruits and vegetables worth Rs 110,000 crore go to waste as they rot. And grains worth Rs 85,000 crore rot. So the storage system is another big reason for inflation.' Union Transport Minister Nitin Gadkari in an exclusive interaction with Sheela Bhatt/Rediff.com
The National Geographic Traveler magazine has released its go-now destinations for 2015. And apna Hyderabad is on it!
So let's stop focusing the Modi agenda on India Inc and the capital markets, and let's start focusing on the Modi development agenda for the average Indian.
'Judging by the formbook, both sides are an equal chance to win. Pakistan has the better-balanced attack, offset by a batting line-up that oscillates between the brilliant and the bwahahaha, sometimes in the space of the same over.' 'As for India, 'bowling attack' is an oxymoron and the batting line-up is still struggling to memorise its lines.'
Having reached the Red Planet, ISRO can now focus on getting humans in space and secure the resources to do it
Any investment proposal in India has to be cleared by the Cabinet which leads to a vicious cycle of approvals and rejections, says
A stable dollar will at minimum reduce incremental cross-currency pain for Indian cos.
In the second and final part of this interview, energy and coal industry expert Sunjoy Joshi tells Sheela Bhatt/Rediff.com that we need to take a comprehensive view of the entire energy sector and how piecemeal reform won't take us very far.
However, he refrained from speaking on Mexican immigrants and also declined to repeat his frequent promise to force Mexico to pay for the wall.
These homes offer services that help lead a smooth retired life.
the second part of the extract with kind permission from Macmillan India.
Indian shooters continued to shine at the 17th Asian Games, clinching the bronze medal in men's 10m air pistol team event, but Jitu Rai could not emulate his golden feat and finished fifth after promising much in the earlier part of the individual finals in Incheon on Sunday.
