Base revisions are technical exercises, but history shows they can significantly reshape the narrative around India's growth performance.
Whether nominal or real, India's investment rate needs to increase by 3 to 4 percentage points of GDP to support 8 per cent real growth, recommends Nikhil Gupta.
Build a portfolio diversified across market caps, investment styles, and geographies.
Software and services exports from India grew 33 per cent year on year in 2005-06 to $23.6 billion according to industry body Nasscom.
Personal computer sales has crossed the five million-unit mark in 2005-06, registering a 32 per cent growth over the previous fiscal.
Life insurance sector in India grew by 41 per cent in 2005-06 due to better performance of country's largest life insurer, LIC, and private players like Bajaj Allianz and ICICI Prudential.
Talks of compromise between the ruling United Progressive Alliance and its Left allies over divestments notwithstanding
Tax devolution shares, which threaten to create a north-south divide among states, may have more to do with per capita income, and not so much with population.
Wipro's IT Business crosses $3 billion in FY 06-07;
Foreign direct investment into India increased to $7.5 billion in 2005-06, up 41.5 per cent from the previous fiscal's $5.3 billion.
The government on Tuesday projected a higher economic growth of 8.1 per cent for this fiscal from 7.5 per cent in 2004-05, far exceeding expectations of the finance ministry and Reserve Bank of India.
The government expects foreign direct investment into India to cross $7 billion in 2005-06, with auto and mining sectors expected to attract huge funds.
Life Insurance Corporation earned Rs 5,800 crore (Rs 58 billion) net profit during 2005-06 while its first premium income during the period grew by a record 48 per cent to Rs 18,085 crore (Rs 180.85 billion).\n
Exports of computer software and services is likely to post a 29 per cent growth and reach close to Rs 100,000 crore
With the merger of erstwhile Global Trust Bank starting to yield rich dividends, Oriental Bank of Commerce aims to grow its business to Rs 90,000 crore (Rs 900 billion) this fiscal and trim non-performing assets to 0.5 per cent. \n
The meeting of Central Board of Trustees is likely to be stormy on Thursday with both right and left wing trade unions making up plans to demand at least 9.5 per cent EPF rate
If that happens, India's economic size will be just shy of $20 trillion and its annual per capita income will be about $10,000, when the country celebrates its centenary of independence.
Jet Airways on Friday reported a 35 per cent drop in net profit at Rs 40 crore (Rs 400 million) for the quarter ended December 31, 2006 when compared with Rs 61 crore (Rs 610 million) in Q3FY06.
i-flex Solutions on Friday reported a 615 per cent increase in consolidated net profit of Rs 41.50 crore (Rs 415 million) for the first quarter ended June 30, 2006 when compared with Rs 5.80 crore (Rs 58 million) in Q1 FY06.
This is the second such initiative for urban reforms after the successful implementation of the Jawaharlal Nehru National Urban Renewal Mission launched in FY06.
Analysts expect firms to shift focus to online platforms to boost sales in these Covid-19-impacted times.
Yahoo Inc. has appointed Carol Bartz as its new chief executive officer.The 60-year-old Bartz was earlier the CEO of software maker Autodesk Inc.
While there is widespread expectation that excise duty is likely to be raised on revenue considerations, the fast moving consumer goods (FMCG) sector pleads for retaining them at current levels to spur demand.
Tata Consultancy Services is the top IT-ITES employer in India, followed by Infosys Technologies and Wipro Technologies.
With India emerging as one of the most preferred investment destinations globally, World Bank's private equity arm, International Finance Corporation, aims to cross $500 million mark in new investments by June.
Per capita income in India is increasing, including in tier-II and tier-III cites. In these cities the competition is less, as are the rentals. It is very viable as a business proposition to open showrooms in these cites.
The public sector insurance major on Friday declared a bonus of Rs 70 per Rs 1000 sum assured for whole-life plans compared with Rs 66 of the previous financial year.
Following are the highlights of the Annual Supplement 2006 to the Foreign Trade Policy unveiled by Commerce and Industry Minister Kamal Nath on Friday
T S Vijayan has completed a year as chairman of insurance behemoth Life Insurance Corporation of India. In an interview with Business Standard, he speaks about the targets set by LIC, its plans to beat competition and overseas and future plans.
While the enterprise value of 595 million may seem expensive for the acquisition of Whyte & Mackay by United Spirits, the fact remains that scotch is in short supply globally and there aren't too many companies up for sale.
Raamdeo Agrawal of Motilal Oswal Securities believes that the market is fairly valued at the moment. He does not expect any slowdown in corporate earnings for FY06-07.
Shrugging off a troubled history, which stunted growth for several years, Idea Cellular, India's sixth largest wireless player is moving on.
ICICI Bank on Saturday reported a 42 per cent increase in net profit at Rs 910.08 crore (Rs 9.10 billion) for the third quarter ended December 31, 2006 when compared with Rs 640.08 crore (Rs 6.40 billion) in Q3 FY06.
Transcript of the online tax chat with The A N Shanbhag NR Group held on Thursday, August 24.
Passenger car sales in the country, already witnessing a slowdown, may get further bogged down in case of a hike in fuel prices or hardening of interest rates, credit rating agency ICRA has warned.
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