In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
It's good for diversifying portfolio and saving for long-term goals
Experts advise investors to buy at lower levels in the next few months and sell at the higher end of their range in the second half, reports Rajesh Bhayani.
Pune-based International Institute of Information Technology (I2IT) has developed a low-cost personal computer - NiceTop - costing around Rs 10,000 for use in rural India and expects to launch it in the next two-three months.
Ramesh Shrichand Damani says the best way to tackle the market in the near term is to remain invested.
Hamsini Karthik reveals why the ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube Investments
The per capita income of Indians continued its climb up the ladder, increasing 11.1 per cent in 2004-05 to Rs 23,308 (at current prices) compared to Rs 20,989 in 2003-04.
Plenty of other factors are likely to keep a lid on prices.
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
Government-owned oil firms on Saturday increased petrol and diesel prices by Rs 1.10 and Rs 1.42 per litre respectively in step with the rise in international fuel prices.
At Rs 470,000 for the base petrol variant, Tigor is now the cheapest compact sedan in the country
'The economy needs to deliver the expected 7.5% growth for the markets to deliver better than single digit returns.' 'Any disappointment in growth can see the markets correcting downwards.'
Nifty continued to register successive new highs as it crossed the 9,200 mark on Friday
India's economic growth slipped to 6.2 per cent in the third quarter of 2004-05 from 11 per cent in the year-ago period.
The key hurdle Adani needs to clear to secure loans for the Carmichael mine, rail and port project is dredging approval to expand its Abbot Point port.
Mahindra & Mahindra Ltd has raised the prices of its sports utility vehicle Scorpio by Rs 6,500 and that of its multi-utility Bolero by Rs 4,500, effective March 15.
State-owned oil firms on Tuesday decreased retail selling price of petrol and diesel by up to Rs 1.08 and Rs 1.18 per litre, respectively, in step with the global softening of crude prices.
Export growth picked up mainly owing to rising global crude prices, which pushed up processed petroleum exports by nearly 40 per cent, apart from a broad-based improvement in exports of major foreign exchange earners such as engineering goods and gems and jewellery.
Sun Pharma's Dilip Shanghvi is India's richest person.
Almost a third of the company's capex was stuck in this project
State-owned oil companies on Wednesday raised the prices of petrol and diesel by Re 1 per litre each, effective from midnight.\n\n\n\n
After steep correction in valuations, these have turned attractive but upside will depend on diesel price rises and export-parity pricing.
Nomura has forecast the rupee at 61.6 against the dollar in Q1 and at 62 by Q4 of 2015.
Experts say it will now be tough for the Modi government to catch up with the UPA's economic record owing to the shock induced by the currency demonetisation.
Maruti has improved its sales in the recent past.
Divestment in PFC, REC, NHPC, Nalco, Hindustan Copper and NMDC could be considered
An expert panel approved policy for development of gas fields.
Britain's 'remain' option gaining traction, with the implied probability of such an outcome at 78 per cent.
State-run oil companies on Monday increased prices of diesel and petrol by Re 1 per litre each.
Despite some sluggishness during 2009-10, the growth was largely on track during 2008-09 to 2012-13.
Declining crude price translates into lower under-recoveries for OMCs
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