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The trade deficit makes up an important part of the current account deficit, which had touched an all-time high of 4.8 per cent in 2012-13.
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
A day after applying for a bank licence, Aditya Birla Group chairman Kumar Mangalam Birla on Wednesday said the new bank licence norms announced by the Reserve Bank are not discriminatory towards large corporate houses.
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
The calculation excludes cross-holding of listed group cos in each other.
Impact of the slowdown is most visible among promoter/owner-CEOs
With over 135 news channels, about a third owned by politicians and real estate guys, the news TV market is a nightmare, says Vanita Kohli-Khandekar.
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