ITC's net profit grew the fastest, followed by HUL and Asian Paints.
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Given the 18-day government shutdown in the US and the likelihood for continued wrangling between the Democrats and the Republicans, it now looks like tapering may be off the table till the first quarter of 2014.
The Reserve Bank on Tuesday said growth is expected to fall below 5 per cent in 2013-14 in absence of pick-up in manufacturing sector, but likely to recover to 5.5 per cent in the next financial year.
The Centre had decided to spend Rs 50,000 crore (Rs 500 billion).
The challenge before TCS is to be totally at home with the IPR regime of developed economies.
The S&P BSE Midcap and S&P BSE Smallcap indices hit a new lifetime high
'Alas, the Congress party offers no suggestions as to how to unscramble the omlette it cooked during 2004-2014 on which the Modi government may have since lavishly spread some tomato ketchup,' says Ambassador M K Bhadrakumar.
'It is time to allow the rupee to move towards its true value, as it is hurting Indian exports, investment and SMEs associated with export sectors that create jobs,' argues Pravakar Sahoo.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
South and South-West Asia could witness an economic growth of 5.3 per cent in 2015, which will be a four-year high.
'For the RBI, it is also strategic to allow the rupee to over-depreciate, then come and buy the rupee, and benefit from its appreciation. Speculators who have driven the rupee too low then make losses,' says Ashima Goyal.
So keen is Moscow that India buy its helicopter -- Kamov-226T -- that President Vladimir Putin personally took up the issue with PM Narendra Modi during their summit meeting last year
Invoking the age-old cultural bonds between India and Iran, Prime Minister Narendra Modi on Monday said it was time for the two countries to "march together" by regaining the "past glory" of historical ties
Expressing disappointment over RBI's decision to hike the key policy rate, real estate developers said this would lead to increase in finance cost and also affect housing demand during the festive season.
The estimates of national income and growth do not pass the 'smell test'.
Heading Crisil would have been the peak of most people's professional lives. But Roopa Kudva felt that was the right time to change tracks.
US-based leading online newspaper Huffington Post is planning to launch an India edition by May this year and negotiations are currently underway to finalise a local partner for this venture.
Benchmark 10-year bond yields hit a 13-month peak as bond traders priced in more aggressive monetary easing next year.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome.
Arvind Subramanian talks about US and China's power play and where India figures in these dynamics.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
'The BJP is saying we have Modi, who have you got?' 'We have the people of India on our side.'
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