According to industry estimates, the sector's revenue would increase eight-10 per cent in 2013-14, against 12 per cent in 2012-13.
The BRICS model will need to demonstrate the efficacy of a second alternative governance structure to reform the Bretton Woods legacy.
The Economic Survey was tabled in the Parliament on Friday.
Given the relative rates of gross domestic product growth, the differential will increase.
Face NPPA fine for overcharging on anti-asthma drug
'Cultural property crimes have been linked, by the United Nations and others, to terrorism.' 'These links show the perpetrators to be associated with major criminal and terrorist networks like ISIS.
Here are 15 things that would have made 2015 a great year.
Manufacture will soon be stopped at Bangalore and Tumkur in Karnataka and Ranibagh in Uttarakhand.
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
With inflation down, the government's twin deficits are largely under control.
Prime Minister Narendra Modi said India and the United Kingdom are economically made for each other.
World trade has been growing slower than world GDP since 2012.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
'No matter how severe sanctions the UN security council imposes on North Korea, the impact of the sanctions would depend on how faithfully they are enforced by China,' says Dr Rajaram Panda.
RBI is expected to cut policy rates by 50 basis points by 2016.
RM took stock of progress in production of the fighter jets whose delivery to India will begin in September next year.
Ecotrail Personal Care, a start-up by sisters Mauli and Grishma Teli, is the only company in India that makes halal cosmetics
Relations between India and America will always be transactional. It is true that the two countries share common values -- democracy, rule of law, separation of powers, etc, but these have failed to establish a long range, lasting and compatible relationship, says Ambassador C R Gharekhan.
Civil Aviation Minister Ajit Singh has said that India is a land of emerging opportunities and the aviation scenario in the country is fast changing and poised for breaking boundaries and scaling new heights.
The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
Country's economic growth at 9% requires exports to rise by around 20%, says NSC chairman Pronab Sen
'Modi's political economy is more inspired by Indira Gandhi than Vajpayee.' 'She so wanted an Opposition-mukt Bharat.' 'Sounds familiar?' asks Shekhar Gupta.
Information technology, not manufacturing or infrastructure, should be the focus of the government while implementing initiatives such as Make in India and Start Up India.
At 15.05 PM, the 30-share Sensex was up 281 points at 28,238 and the 50-share Nifty gained 86 points at 8,577
RBI is likely to have reached broadly similar conclusions since it did cut rates, presumably to stimulate activity.
'People are getting admitted to hospital two to three days before their death in a very serious respiratory compromise state and they are passing away within 48 hours.' 'Those who are coming early in the disease, the minute they are suspicious that they have COVID-19, the recovery rate has been much, much, higher.' 'The moral of the story is: We must destigmatise COVID-19.' 'People should be told: 'Look, if you have anything like this, please come immediately'.'
The rush for prohibition and the Supreme Court's decision to ban liquor sales within 500 metres from highways have hurt companies.
India is Asia's third-best performing equity market.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
His co-accused actors -- Saif Ali Khan, Sonali Bendre, Tabu and Neelam - were acquitted in the 20-year-old case.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
US Ambassador Richard Verma's tips to the Indian states.
'Pyongyang's strategy seems to be a cry to be treated as equal with the US and Beijing and this aspiration is premised on equipping itself with weapons as devastating as theirs,' says Rajaram Panda.
Following another disappointing year in 2014, developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger US economy, continued low global interest rates, and receding domestic headwinds in several large emerging markets, it added.
In Delhi, the wholesale price is now Rs 48-52 a kg; the retail one is Rs 80 a kg.
Analysts say traders have been building long positions on expectations the BJP would sail through in the five Assembly elections
Upon implementation of the 7th Pay Commission the expected yearly burden on the central exchequer will be more than Rs 100,000 crore. Central government employees will get on an average a 24 per cent pay hike. Still, the unions aren't happy.
India needs 1.4 million hotel beds a night but has only 2.4 lakh, points out Rahul Pandit, MD and CEO of Ginger Hotels.
The local markets are expected to react to global triggers until the government announces the Union Budget.
