Biggest contribution came from Bharti group-led Satya Electoral Trust.
India's current account deficit (CAD) is likely to ease to 4.4 per cent of the GDP in the current fiscal year on lower oil and gold prices, Bank of America Merrill Lynch (BofA-ML)said in a research note.
The e-filing of returns in FY14 saw an increase of 40 per cent with 25.6 million online returns being filed till March 22, compared with 18 million a year ago.
CMC has strong presence in the domestic market. It certainly compliments TCS.
Questions will be raised over why those changes take place and whether non-economic factors are at play, says A K Bhattacharya.
The National Council of Applied Economic Research (NCAER) on Thursday lowered the GDP projection for the current fiscal to 4.7-4.9 per cent due to exchange rate depreciation.
Amid railways eyeing higher revenue from travellers in air conditioned coaches, the number of passengers in AC First Class and AC 3 Tier registered a decline in 2013-14 as compared to the previous fiscal.
The net loss of the carrier marginally decreased to Rs 5,388.82 crore (Rs 53.88 billion) in 2013-14 as against Rs 5,490.16 crore (Rs 54.9 billion) in the previous fiscal.
As per the report, the government's estimate of 5-5.5 per cent GDP growth will require an average growth of 5.4 per cent in the second half of this fiscal, which is a tall order now.
He hoped parliament would approve the real estate regulator and land acquisition bills in its monsoon session
Wage hikes and rupee depreciation may affect the business.
CAD of a country represents the difference between inflows and outflows of foreign currency.
Infy's cash utilisation may play role in whether valuation gap too narrows
Domestic and external environment still remain "challenging".
While the thrust will be on pan-India residential projects, office and retail launches, too, will add up to make for the realtor's project mix of 12 to 16 million sq ft during the coming year.
The credit growth is expected to be better in the next financial year on the back of higher gross domestic product (GDP) growth, according to HDFC Bank Ltd, the country's second largest private lender.
While being "cautiously optimistic" about the country's economic growth, they said corruption and bureaucracy are among the 'big concerns' of the industry.
India's gross domestic product growth has been on a steady decline since June 2011, when it stood at 8 per cent.
During 2013-14, the number of investor folios for equity schemes fell by 40 lakh.
Indians borrowed nearly Rs 1.60 lakh crore in housing loans in 2013-14, helping home finance firms' books move closer to the Rs 10 lakh crore mark.
The economy is expected to grow 4.9 percent in 2013/14, marginally lower than the finance ministry's estimate of a 5 percent growth, dragged down by a contraction in the manufacturing sector, a government statement said on Friday.
The Finance Ministry expects the economic growth in the current fiscal to improve to 5.5 per cent from 5 per cent last year on back of likely pick up in agricultural output on account of good monsoon rains.
The airline has said it isn't worried about competition in the domestic market, thanks to its spread across three passenger segments
Anand Rathi recently carried out a research on the behaviour of the economy and CAD.
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.
As on December 31, government stake in IndianOil stood at 78.92 per cent.
The minister, however, said that there are challenges to boost the manufacturing sector
India's growth in 2013-14 would be less than six per cent.
TCS chief executive officer (CEO) N Chandrasekaran earned a total of about Rs 18.68 crore in the 2013-14 fiscal.
Led by Tata Motors and Tata Consultancy Services (TCS), the combined revenue of the Tata group's listed firms crossed the Rs 10-trillion mark for the first time, in 2022-23. The group's 14 key listed companies in which Tata Sons holds a direct equity stake reported a combined revenue of Rs 10.07 trillion in FY23, up 15.3 per cent from Rs 8.73 trillion in FY22. The combined net profit of these companies was, however, down 10.6 per cent year-on-year (YoY) at Rs 66,670 crore in FY23, from a record high of Rs 74,540 crore in the previous financial year, when the profit had jumped 156 per cent YoY, aided by Tata Steel's strong showing.
Infrastructure investments in politically-expedient sectors such as water supply, sanitation and irrigation have seen an increase during the first year of the 12th Five-Year Plan (2012-13 to 2016-17), but the same did not get replicated in other critical sectors.
On the fiscal deficit front, its president for research flagged concerns over the revenue collections from the taxation front and also about the government not being able to achieve its Rs 40,000-crore (Rs 400-billion) divestment target.
Gold jewellery exports may decline by about 50 per cent in this financial year from last year after government restrictions reduced the availability of raw material, Gitanjali Gems Chairman and Managing Director Mehul Choksi said.
Corporate India is more dependent than before on exporters of IT services such as Tata Consultancy Services (TCS), Infosys, and Wipro for earning foreign exchange. Such companies account for nearly 43 per cent of the forex revenues of listed firms, up from 22 per cent a decade ago. The listed IT services companies earned nearly Rs 4.2 trillion through exports in FY22, up 15 per cent from the Rs 3.65 trillion a year earlier. In comparison, the forex revenues or exports of the rest of the BSE500 companies were down 11.9 per cent to Rs 5.6 trillion last financial year.
In the past two decades, the country's economic growth slipped below five per cent in only three years - in 1997-98, 2000-01 and 2002-03.
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Chidambaram also said the government will take steps to curb imports of gold, silver, oil and luxury goods.
The economc research council has projected Centre's fiscal deficit this financial year to be 5% of GDP.
Relief seen from easing global crude oil prices, phased diesel decontrol and capping of LPG cylinders.
Assessment year 2020-2021 saw returns filed fall to 69.7 million and stood at 71.4 million in assessment year 2021-2022.
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