Chidambaram promises to maintain fiscal discipline; admits inflation is an issue.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.
'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'
He said the UPA had left the economy in a dire state, with Consumer Price Index and food inflation at double digit, Wholesale Price Index inflation around 6-7 per cent and growth prospects were limited.
Stock prices is due to valuation expansion
Time to take profits and move to the sidelines in an euphoria, says Sonali Ranade
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
He was number three in 1999 when the company was founded.
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