During the UPA government's second term in office, rural India's consumption expenditure grew at a faster pace than urban India's - for the first time since 1991.
Also seeks removal of excise duties on set top boxes for free to air transmission, and removal of service tax for broadcasters.
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales. Cars24 now enjoys more than 90 per cent market share among all other similar online transaction platforms. Dhruv Munjal traces the birth of this used-cars platform.
Slow domestic growth, global ambitions will prompt deals similar to MTN, say analysts
Analysts say that PMC Bank case is only going to make matters worse for HDIL and the Wadhawans.
Yoga guru Ramdev's company to invest Rs 5,000 crore in four units in the next 500 days to boost production.
Sun Pharmaceutical, which is growing its dermatology and ophthalmic specialty business in the US will spend $460 million on R&D.
We expect the outlook of Union Budget 2010-11 on retail sector be positive. The much needed industry status grants to retail industry will boost the industry in many aspects.
Nasscom revised the forecast for the gaming industry from $1,060 million to $830-million and animation industry from $1,163-million to $1,000 million. The report, prepared by Nasscom and Ernst and Young provides a detailed insight on the growth-drivers, business models, issues and challenges for the gaming and animation industry in the next few years.
The domestic IT services market in the country is estimated to more than double to $12.8 billion in 2013, a study said.
Indian companies Nicholas Piramal, Cadila, Shasun, Dishman, Jubilant, Matrix, Strides, Ipca and Divi's are into contract manufacturing business. In the future, Indian players would move up the value-chain in the contract business, KPMG said.
The Duff & Phelps report shows that Virat Kohli has increased his brand value by 40 per cent to $237.5 million in 2019 and taken a huge lead with his closest rival, Akshay Kumar, ranked second.
Higher dividend taxes, falling valuations make alternative shareholder payment attractive.
Cipla, though late in changing its strategy for international markets, has in recent years taken an inorganic route for expansion.
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.
Buyers from 19 countries participated and showed interest in sourcing from India.
After two decades of impressive growth, the automobile sector's performance has not been encouraging after 2006-07, but its growth turned modestly positive last fiscal, touching a domestic turnover of Rs 2.19 lakh crore, the Economic Survey said.
The organised retail sector clamors for Industry Status, removal of service tax on rentals, permit FDI in retail and usher in GST regime
This comes in the wake of allegations of financial irregularities by the erstwhile management led by Harish Moolchandani.
The mobile subscriber base in India is set to exceed 771 million connections by 2013, growing at a CAGR of 14.3 per cent in the same period from 452 million in 2009, a study by research firm Gartner said.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
"Till the second quarter of last fiscal, the industry was on track to achieve the $50 billion export target by 2008-09. The aspiration to reach $60 billion by fiscal 2010 is at risk since an unprecedented slowdown is expected in key markets overseas, especially the US and Europe, which account for about 80 percent of Indian software exports," Nasscom president Som Mittal said. Nasscom has now extended the target year for achieving $60 billion export revenue to 2011.
Set to be unveiled at the Auto Expo in New Delhi, it is likely to be priced below Rs 400,000, and will come with air-conditioning and the option to choose from six colours.
India's steel industry is surging ahead, entering into global deals and taking the country's economy to new heights. The Indian government plans to invest over $350 billion in steel industries related to infrastructure and construction. The Indian government estimates that steel production would grow at a CAGR of 16 per cent to touch 124.06 MT by 2011-12. India's steel production capacity is estimated to be 200 MT by 2020.
The top 100 companies have created wealth worth Rs 25.4 lakh crore during the period 2003-08, a study has revealed. "The top 100 companies, analysed during the period 2003-08, created wealth worth Rs 25.4 lakh crore," the Motilal Oswal 13th Annual Wealth Creation Study released on Friday said. Reliance Industries, with a significant wealth creation of Rs 3.1 lakh crore became the biggest wealth creator, said the study.
According to VNI, Internet traffic in India is projected to jump by over five fold between 2013 to 2018.
Most of the NBFCs do not take public deposits but that does not mean they cannot create systemic risks. The banking system has at least Rs 57,000 crore exposure to IL&FS. Haven't the banks invested public money in IL&FS papers, asks Tamal Bandyopadhyay.
The revenue from cellular services in India is projected to exceed $37 billion growing by 18 per cent annually till 2012, IT research and advisory firm Gartner Inc says.
The company has a market capitalisation of $743 billion.
Should you expect 15 per cent return over a period of 20 years? Dwaipayan Bose has the answer
The size of the banking software application market globally is estimated to be at about $75 billion in 2007. The market is growing at about 5 per cent a year.
Hollister, which posted an annual turnover of $55 million in 2006, has been posting 40 per cent compound annual growth rate (CAGR) over the last four years.
According to a Gartner study, Indian IT services market is likely to grow to USD10 bn by 2011.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
Equity investments are fruitful over the very long 20-year term.
While participation of start-ups in the space sector has largely been minimal so far, their involvement will be key towards building India's very own aerospace companies such as Maxar, Elon Musk's SpaceX and Rocket Labs, according to experts.
Any economy, which has to sustain a wage CAGR of 6-7%, slips into recession within 15-20 years.
Private companies have been increasing their dividend payouts at a much higher pace than their public-sector counterparts, though some state-run companies are making huge payouts in absolute terms.
