The national per capita income in 2013-14 stood at Rs 87,748.
The First Advance Estimates of National Income, 2016-17 did not reflect the impact of demonetisation, effected on November 9 and are based on sectoral data for only seven months to October.
ICICI Financial Services, ICICI Bank's subsidiary which owns its insurance and asset management businesses, will offload 5.9 per cent stake to five investors for around Rs 2,650 crore (Rs 26.50 billion).
Low-to-negative margins on sale of petroleum products have forced some companies to scrap their retail expansion plan, while others have chosen to go slow.
At current prices, the downstream petrochemical industry production is expected to increase from $15-$18 billion currently to $30-35 billion over the next 5-7 years.
The company is currently celebrating the first anniversary of its Camry Hybrid in India during which it has sold 541 units
'By entering at an early age, they stand a better chance of developing into skilled investors.'
Flipkart will need $2 bn annual profit to make Walmart investment viable, which will mean yearly revenue of $100 bn
A passive strategy known as indexing is much less complicated and involves tracking an index like say the Sensex or the Nifty and building a portfolio with the same stocks in the same proportions as the index.
Even as the traders and merchants in Kerala observed a hartal against the entry of multinationals in retail sector on Wednesday, pepper Futures market also witnessed major upheavals.
The previous high in quarterly GDP growth was recorded in the January-March quarter of 2015-16 at 9.3 per cent.
Cement shipments from Pakistan will hit the Indian markets by the end of the month at prices that are up to a third lower than domestic prices.
Current FDI norms allow a foreign airline to hold up to 49 per cent in a domestic carrier.
It is always good to diversify your investments rather than keep all of them focused on equity, says stock market expert Pranav Sanghavi.
This means the channel could garner over $1.8-2.7 billion from cricket advertising alone in the next 8-9 years.
According to a Credit Suisse report, Indian GDP at the current price level of the rupee (Rs 40.76 per $) stands at $1trillion. The strengthening rupee has now made India the 12th country to achieve this milestone.
Will gold touch the psychological barrier of $720? Investment funds are bullish but cautious.
Ajay Singh would infuse Rs 1,500 cr in SpiceJet.
The government on Thursday invited bids from public sector financial institutions and mutual funds for its remaining 10.27 per cent stake in Maruti Udyog that would bring in Rs 2,700 crore (Rs 27 billion) to the exchequer.
Valuations are much higher than the consensus earnings expectations warrant and also much too high in historical terms, says Devangshu Datta.
Loan defaults and restructuring to limit profits.
Underweight on the sector since January amid concerns over growth prospects; no early reversal seen
Chandigarh has highest per capita income of Rs 67,370 per annum, followed by Pondicherry (Rs 56,034) and Delhi (Rs 53,976).\n\n
'India's economy is growing faster compared to the developed economies of the world.' 'More importantly, it is growing faster compared to most of the developing economies.' 'The monsoon is not the only thing that drives the rural economy and certainly not the national economy.' 'It is too simplistic to reduce everything to the monsoon.'
Investment analyst Ashish Chugh discusses his views on Apollo Sindhoori Capital and JBM Auto.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Public sector oil companies are likely to incur a loss of Rs 50,000 crore (Rs 500 billion) in the current fiscal on selling fuel below cost, Indian Oil Corporation chairman Sarthak Behuria said on Tuesday.
Agriculture, which accounts for 14% of GDP grew at 3.2% in the quarter
The previous high GDP growth of 8.1 per cent was recorded in April-June quarter of 2016-17.
China's average GDP growth rate for the 1979-2004 period was on Monday revised to an impressive 9.6 per cent, 0.2 percentage point higher than the original figure in accordance with the first national economic survey.
The consortium of Oil and Natural Gas Corp, Reliance Industries and BG Group of UK will continue selling gas from Panna/Mukta and Tapti fields to state-run gas firm GAIL
Kerala's economy registered an all-time high growth rate of 9.2 per cent in 2004-05, with the major contribution of 13.8 per cent in the services sector, the Economic Review tabled in the assembly on Thursday revealed.
The 11-member Indian Pharmaceutical Alliance has frozen the prices of all decontrolled medicines until March 31, 2005, in view of high inflation.
Latest official data shows that investment is, in fact, showing signs of a moderate pick-up.
A data plan currently priced at Rs 100 should not cost more than Rs 34, if India has to make the Internet affordable for 80 per cent of its population.
'What is bank recapitalisation? When the rich take loans and do not return and the government returns that money to the banks.' 'What is restructuring 5:25 scheme? The government says don't return now, just tell us you will return after five years.' 'Why don't we apply these schemes to farmers?' 'I want to increase the power of farmers to blackmail the government as everyone in the country has the power to blackmail.'
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