Savings in deposits by the households rose, however, to Rs 1 trillion (17 per cent) in the year to Rs 6.91 trillion in FY14 as against Rs 5.91 trillion in 2012-13.
Arguing that the recent elevation in retail inflation is not structural but supply-driven and therefore potentially transitory, a foreign brokerage report has forecast that the benign interest rate regime will continue at least until next June. The assessment comes a day ahead of the third bimonthly monetary policy review on Friday wherein it's widely expected that the monetary authority will leave the key rates unchanged at 4 per cent even though the consumer prices have been on remaining above 6 per cent since May and crude prices have been north of $70 a barrel for months.
The SME segment has been grappling with lack of liquidity and lacklustre institutional participation.
It carried more than five million passengers across various sectors registering a growth of 20 per cent.
As share of cash volumes in trading mix sees decline, it will result in moderation of profitability from core broking operations.
Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified
The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.
Ratan Tata has invested his own money into 3 high-growth online retail firms, which are yet to make a profit.
Thus far in FY21, BSE, NSE have rallied 70 per cent and 71 per cent, respectively.
Many are now cheaper after stock splits. But look at key parameters
Fitch Ratings says in a report published on Thursday that the spillover effects of a weaker rupee have not significantly hurt India's creditworthiness, and hence would not trigger any rating action as this point.
'A time-wise, as well as price correction, so that the market can absorb the gains made over the past 17 months.'
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Barring one, three are debt-free and sitting on large cash reserves.
New series points to a sharp recovery since FY14.
Inflation is estimated to be around 8 per cent in FY15 and is likely to decline further towards 6.5 per cent in FY16, Citigroup said.
According to Ind-Ra's analysis, credit metrics of hotel companies have showed a downward trend since FY08.
Excise duty cut for auto company is a great boon for the sectors, expert feels.
Capital expenditure by private companies halved in FY13 from that in FY08; households put more money into gold, houses.
Increasingly, more companies are making cars in the country and exporting them globally.
SpiceJet is expanding international operations to improve dollar earnings and offset losses caused by currency rate fluctuations.
Analysts wonder if the firm will discontinue giving annual guidance.
But return on equity deteriorated for 7 of the 12 firms analysed.
With over Rs 55,000 crore debt, Air India management has been trying to pare burden by monetising non-core real estate properties.
The total vehicle registrations in India fell by 29.85 per cent to 1,52,71,519 units in financial year 2020-21, the lowest in the last eight years, the Federation of Automobile Dealers Associations (FADA) said on Monday. Total vehicle registrations were at 2,17,68,502 units in fiscal year 2019-20. All categories of vehicles, except tractors were in red in FY21 with two-wheeler (2W), three-wheeler (3W), commercial vehicles (CV) and passenger vehicles (PV) falling by 31.51 per cent, 64.12 per cent, 49.05 per cent and 13.96 per cent respectively -- the lowest in last eight years and way below the FY13 levels, FADA said in a statement.
Infy's cash utilisation may play role in whether valuation gap too narrows
The city saw an increase of 38 per cent to 40 per cent in high-end and mid-segment residential property.
These are the highest-earning bank CEOs in India.
The brokerage firm cautioned that there is a possibility of further downside risks to growth, especially in the near term as RBI's policy interest rate cuts in recent months has not been translated into reduction in bank lending rates.
Even as some automakers limp, others charge ahead.
While write-off will push up its debt equity ratio, decline in equity will push up return ratios.
The results declared by key companies for the three months ended March 31 show most firms have managed to arrest the moderation in volume growth witnessed in previous quarters.
Profit in FY13 up 18% to Rs 3,713 crore, dividend income jumps 37%
Could turn out below last year's budget estimate, with some improvement in revenue and spending
Tata Consultancy Services, India's number one information technology services company, could overtake Infosys to become the most profitable one for the first time on a full-year basis in 2012-13.
The Bombay Stock Exchange IT index has dipped almost 9% or 585 points at 6,210 compared to 1.56% fall in benchmark Sensex at 0917 hours.
Rising usage of smartphones and tablets have hit PC sales.
Renault Kwid is a good entry-level car for Indian roads.
Improves market share but rivals outperform in revenue growth and on-time performance.
As much as 73% of total income of national political parties is unaccounted for, says Association for Democratic Rights.
The Indian mobile handset market has grown by 14.17 per cent year-on-year to Rs 35,946 crore in 2012-2013.
