The VBL board approved the purchase of SBC Tanzania for Rs 1,304 crore and SBC Beverages Ghana for Rs 127 crore. These own manufacturing/distribution rights for NARTD (PepsiCo branded) beverages in Tanzania and Ghana. The acquisitions will help VBL gain ground in East and West Africa.
The per capita supply of the foodgrain fell to 436 grams a day in 2008, compared with 442.8 grams in 2007 and 445.3 grams the year before, according to the data presented by the minister of state for agriculture, K V Thomas, in a written reply in the Lok Sabha on Tuesday. The per capita supply dipped even though the country's foodgrain production touched an all-time-high of 230.78 million tonnes in 2007-08, followed by another year of bumper output at 233.88 MT.
The outcome of Maharashtra state elections is unlikely to move markets much, said analysts. The markets, they believe, have bigger developments to worry about in the short-to-medium term.
'Suddenly we had a new comprehension of affairs, which reminded that the luxury of politics floated atop a foundation by economics.' 'Along with this, finance ministers became crucial in molding the perception and reputation of Union Cabinets.' 'Governments couldn't afford a wrong person in that portfolio,' asserts Shyam G Menon.
The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.
FSN E-Commerce Ventures (Nykaa) hosted its annual investor day recently. The responses were positive from analysts. Although some analysts pared FY25 and FY26 estimates, the bulk continued to issue 'buy' calls after the stock rose 2.5 per cent. The management expects the Beauty & Personal Care (BPC) business to grow at a 25 per cent compound annual growth rate (CAGR) during FY24-28.
Per capita income in India has doubled between 2004-05 and 2010-11 to touch Rs 54,835 per annum. The PCI figure gives a fair idea of the standard of living of the people. India's per capita income in 2009-10 was Rs 46,492.
Per capita income can be calculated for a country by dividing the country's national income by its population.
Households are likely to remain the primary net lenders to the economy in the coming decades.
The average monthly per capita consumer expenditure in the country was Rs 554 for the rural areas, while for urban India it was Rs 1,022 according to the National Sample Survey, the Lok Sabha was informed on Wednesday.
The push to develop Ayodhya as a tourism centre, accompanied by large-scale infrastructure projects, comes on the back of years of limited income growth and tourist inflows.
Haryana is witnessing a multi-cornered contest this time, with the ruling Bharatiya Janata Party facing anti-incumbency and a resurgent Congress.
We no longer have the ambition to rival China save through words. We are happy to be fighting ourselves and digging up disputes from centuries ago as a substitute for real development, argues Aakar Patel.
The finding is part of a research report by Deutsche Bank
'We pressurised him (to accept the deputy chief ministership).' 'Being out of power would have made him weaker.'
Let's take a look at some countries that have most billionaires per capita.
Let's take a look at per capita income in India and around the world.
According to the World Bank, economic growth in middle-income countries, including India, is not accelerating. 'In fact, it is slowing down as incomes increase, with the trend becoming more pronounced each decade.'
The average income of a person in Bihar was lowest in the country for the year 2006-07, with the monthly income of a person in the state being just a little over Rs 800, Lok Sabha was informed on Wednesday.
Prime Minister Narendra Modi's goal of making India a high-income economy by 2047 is unlikely to be achieved, but the country should become an upper middle-income nation by then, Financial Times chief economics commentator Martin Wolf said on Friday. Wolf further said that India would also become a superpower by 2047. "India wishes to become a high-income country by 2047.
CapitaLand, the Singapore state-owned developer, is set to make one of the biggest bets by a foreign company on India's retail property boom, investing in 15 shopping centres worth S$2.1bn ($1.46bn) in association with two Indian construction and property groups.
India's per capita income rose by 5.2 per cent to Rs 12,416 (about $285) during 2004-05.
'Why has Maharashtra slipped up over the past couple of decades?' 'Not only is this question critical for residents of the state, but given that it accounts for 14% of India's GDP, a faster-growing Maharashtra implies a faster-growing India as well, point out Shishir Gupta and Rishita Sachdeva.
Though India's per capita income is estimated to grow above Rs 60,000 per annum or over Rs 5,000 per month, it is ranked at 135 when compared to other nations.
A freebie once granted can hardly be discontinued. All that can happen is to substitute it with a bigger freebie, notes A K Bhattacharya.
It expects rainfall to be about 106 per cent of the long period average, aided by La Nia conditions anticipated to play a role in the second half of the monsoon season.
Even a whiff of an incident like the violent 1989 shirt-ripping attack on Krishnamachari Srikkanth by a Karachi spectator would be ruinous. It would set back the ties further, derail an ongoing tournament, and harden Indian attitudes on playing Pakistan anywhere at all, asserts Shekhar Gupta.
Crisil Ratings on Wednesday projected India's GDP growth at 6.8 per cent in the next fiscal and said the country will become an upper middle-income nation by 2031 with the economy doubling to $7 trillion. In its India Outlook report, Crisil said the Indian economy will take support from domestic structural reforms and cyclical levers and can retain -- perhaps even improve -- its growth prospects to become the third largest economy by 2031. "After a better-than-expected 7.6 per cent this fiscal, India's real GDP growth will likely moderate to 6.8 per cent in fiscal 2025," said the Crisil India Outlook report.
The per capita income at current prices for the year 2004-05 is estimated at Rs 16,414 in rural areas and Rs 44,172 in urban areas.
'Over the next 20 years, we would be adding almost 10 million people to the workforce every year!' 'And we won't be able to give employment to even 2 million out of the 10 million every year.' 'Don't forget, it keeps adding every year.'
In an indication of sustained economic growth, the per capita income in the national capital has increased to Rs 78,690 in the financial year 2007-08 as against the national figure of Rs 33,283.
India scores a pitiable rank at 127 in terms of per capita income.
Global rating agency Fitch on Thursday affirmed India's 'BBB-' rating with a stable outlook on strong growth outlook and fiscal credibility. Fitch said India is set to remain among the fastest-growing sovereigns globally with GDP growth of 7.2 per cent in the current fiscal year and 6.5 per cent in FY26, down from 8.2 per cent in FY24. "Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook," the global rating agency said in a statement.
The state's economic health is in focus as it has consistently breached the fiscal deficit in eight of the last 10 years since Telangana's formation.
Per capita income of Indians grew by 14.5 per cent to Rs 46,492 in 2009-10 from Rs 40,605 in the year-ago period, as per the revised data released by the government on Monday.
Per capita income is a crude indicator of the prosperity of a country.
Gross state domestic product of the city went up by 10.53 per cent.
The per capita annual income in the national capital has increased to Rs. 2.01 lakh in 2012-13 compared to Rs 1.73 lakh in the previous fiscal, which is three times the national average and highest in the country.
Chandigarh has highest per capita income of Rs 67,370 per annum, followed by Pondicherry (Rs 56,034) and Delhi (Rs 53,976).\n\n
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