As much as 73% of total income of national political parties is unaccounted for, says Association for Democratic Rights.
PMI contracts as power outages hit productivity, demand for exports slips.
On Tuesday, Nasscom announced at its 21st Leadership Summit that it expected the sector to grow 12-14 per cent in FY14, better than the 10.9 per cent growth it would report for FY13.
A fiscal cliff refers to the simultaneous expiry of tax breaks and the introduction of spending cuts.
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Most infra projects have hit a road block due to high cost of funds.
The government's total public debt in the October-December period in this financial year grew by 3.6 per cent to Rs 40,48,219 crore from Rs 39,06,828 crore in the previous quarter.
The estimates from Crisil come at a time when the economy has witnessed a a downward revision of growth estimates by analysts for a better part of the ongoing fiscal because of troubles on the global and domestic front.
There was virtually no incremental equity investment by Tata Sons during Mistry's first two years
The bellwether scrip was the top gainer on both the key indices - Sensex and Nifty.
Meru Cabs, launched in 2006, has everything going for it: A credible brand, loyal customers and a transparent pricing mechanism and technology. But, the only thing missing is profits. Meru wants to change that now. Says Meru CEO Siddhartha Pawha: FY13 will be focused towards achieving the last target.
Analysts expect Wipro's revenue to grow 17 per cent this financial year, largely in line with its FY12 performance. Profits are expected to grow 14 per cent, compared to FY12.
The company had posted a net profit of $893 million in the corresponding period last year.
Market hopeful of cash reserve ratio, interest rate cut today.
What's driving consumers to petrol cars? Ajay Modi finds out.
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Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.
Computer maker Dell has reported 18 per cent drop in net profit to USD 732 million in the May-July quarter of this fiscal, which saw 30 per cent dip in India revenues -- sharpest fall in the Asia Pacific region.
TCS emerges as a safe haven, as Infosys stumbles for sixth straight quarter.
The survey, in which 125 corporate clients of the bank from south India participated, says a majority of corporates continue to be pessimistic about the country's growth with 72 per cent saying GDP growth will fall below 6 percent and 20 per cent predicting it to be less than 5 per cent.
The outlook on Mahindra and Mahindra (M&M) has been changing since its tractor business hit a speed-breaker. Analysts say there are no real triggers for its shares to move up in the near term.
Fertilizer demand is set to get a boost on account of cheaper credit availability to farmers. Reduction in basic customs duty on some water-soluble fertilizers and liquid fertilizers may increase their usage, resulting in a positive impact on revenues and profitability of fertilizer players.
Fiscal measures may fall short or prove to be too late to achieve the revised budget deficit target, it says.
The company's revenues also slipped four per cent to $14.42 billion in Q1 FY'13 from $15.01 billion in 2012.
HSBC on Thursday said the Indian economy, which is projected to grow at 5.7 per cent this fiscal, is likely to grow at a faster pace next fiscal at 6.9 per centfollowing the recent spate of policy reforms.
The overall breadth ended weak with 1,566 losers and 1,560 gainers on the BSE.
While the share of diesel vehicles sales in the overall passenger car industry has already fallen sharply, sales of CNG vehicles have shown a compound annual growth rate of 15.5 per cent over the past five years.
The total employee strength of the company stood at 2,14,770 at the end of the September quarter.
'The finance ministry and public sector banks have tried to keep the names of wilful defaulters secret.' 'Secrecy and concealing information are inbred among banks and even the RBI,' observes Debashis Basu, editor, www.moneylife.in.
Fall in oil prices is good news, as every $10/bbl price swing impacts the current account deficit by $8 billion.
Reliance Industries is expected to report a 24 per cent drop in its net profit for the June 2012 quarter as compared to its profit in June 2011.
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Last fortnight, 206 companies from the BSE-500 hit 52-week lows as investors sold heavily in counters with dimmed prospects.
Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
Low oil prices drove the growth in states' share faster than expected, says Abhishek Waghmare.
Tata-SIA will kick off with full-service domestic operations.
Trade deficit for the quarter narrowed by about a third to $30.7 billion from $45.6 billion in the year-ago period.
Impact of the slowdown is most visible among promoter/owner-CEOs
India's growth outlook has weakened sharply this year, with a crunch that started with the non-banking finance institutions spreading to retail businesses, car-makers, home sales and heavy industries.
Latest figures for HDFC Bank aren't available.
The report is based on data collated from 5 large angel groups.
With fewer passengers airlines bracing for a rise in operating costs due to a spike in crude prices
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