A Chinese central bank adviser warned that emerging economies such as Brazil and India face fiscal and current account deficits and a crisis was “inevitable”. View full post on All Stories
India’s economy is expected to have grown 8.6% in the fiscal year ended on 31 March, boosting demand for mortgage and automobile loans as well as credit offtake by companies View full post on All Stories
JLR is looking to increase sales point in India to 20 by the end of the fiscal from the current four. View full post on All Stories
While many investors are bullish on the long-term India story, veteran emerging markets investor Mark Mobius cited unemployment in India as a worry. View full post on All Stories
After postponing the follow-on public offering (FPO) of Steel Authority of India Ltd (SAIL), the government is now likely to defer the Rs 11,500-crore share sale of Oil and Natural Gas Corp (ONGC) to next fiscal. View full post on All Stories
Canara Bank, a leading financial conglomerate in India, announced financial results for the third-quarter, reporting a higher net profit with an increase in net interest income from loans/advances. View full post on All Stories
The value of India’s inbound and outbound trade in goods is set to touch $550 billion in the 2010-11 fiscal, with imports expected to touch $350 billion, as against $288 billion in the 2009-10 fiscal. View full post on All Stories
Concerned over excessive flow of banking funds to the real estate sector, the Reserve Bank of India on Thursday said lenders will provide loans only up to 80 per cent of the cost of property. View full post on All Stories
According to industry body National Association of Software and Service Companies, the Indian IT-BPO industry is well-poised to reach the $70-billion mark by the end of the current fiscal. View full post on All Stories
The results of the 64th round (annual) of the NSS survey report Employment and Unemployment Situation in India, which were released in May 2010, have generated a lot of interest. View full post on All Stories
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