Category Archives: Business

Business, Finance, Stock market & Investment News

Phenomenon of Exponential Multiplication of Data

Automation has led to huge increase in the amount of data that gets captured. As a result of implementation of ERP and CRM solutions by major corporations, increased volumes of database related partners, suppliers and customers is captured and stored. The phenomenon of exponential multiplication of data that gets stored is termed as “Data Explosion”.…Continue Reading

India’s November IIP springs in 5.9% growth !

After a steep slowdown in September industrial output growth at 1.9% and a sharp de-growth in October IIP data by 5.1%; its all cheers for India’s November industrial production figures which stood at a rosy 5.9%, led by rebound in the manufacturing output during the month. IIP Data from Aug-Nov 2011 Month  IIP Index Growth…Continue Reading

Ou la la! RBI sings growth slowdown, No interest rate hikes…

Ou la la! RBI sings growth slowdown, No interest rate hikes…

In its mid-quarter review of monetary policy today, RBI has kept its key policy rates unchanged in the light of significantly worsened global economic outlook. Finally, the country’s apex banker has decided to remain status quo in terms of interest rates under the liquidity adjustment facility. While the cash reserve ratio (CRR) remains unchanged at…Continue Reading

India’s October IIP de-grows by 5.1% !

India’s October IIP de-grows by 5.1% !

A sharp de-growth of 5.1% in October IIP data can be termed as confirmation of slowdown in the Indian economy marred by steep interest rates and dismal growth in factory output, plunging even below its 28-month low. Moreover, the slowdown in the economy led by weaker industrial output can be further gauged from the declining…Continue Reading

India November Exports at $22.3 bn; Trade deficit at $13.6 bn !

India November Exports at $22.3 bn; Trade deficit at $13.6 bn !

India’s November exports arrived at $22.3 billion and imports for the month stood at $35.9 billion, resulting in a net trade deficit of $13.6 billion. On a positive note, November trade deficit shrank substantially from October’s record $19.6 billion trade gap marred by lower Indian exports and shipments. Further, India’s exports rose 33.2% to $192.7…Continue Reading

Are you investing in Cash rich Indian companies?

Are you investing in Cash rich Indian companies?

Crisis and cash have a deep correlation with each other. After all, it all boils down to money. During 2008-recession, most investors have learnt their lessons hard way that ‘cash is king’ not only for equity market operations, but also for the corporate world. If a firm boasts of healthy cash reserves on its balance…Continue Reading

India’s September quarter GDP growth at 6.9%

India’s September quarter GDP growth at 6.9%

The last nail in the coffin was hit by weak September quarter GDP numbers, which logged a tepid 6.9% growth, as against an optimistic 8.8% during the second quarter of FY 2010-11. Thus, it would be of no surprise if analysts start singing the songs of severe downturn in the domestic economy with growth figures…Continue Reading

Is Rupee headed to 54 per Dollar?

Is Rupee headed to 54 per Dollar?

Rupee-dollar equation hit a low of 52.70 this week, spreading panic across the trade chain of importers and exporters. Yes, even exporters could be negatively affected by the recent downward spike of rupee to new life lows. Most big exporters hedge their revenues to balance the impact of excess volatility in rupee fluctuation against a…Continue Reading

Retail sector FDI brings cheer to Airline shares!

Retail sector FDI brings cheer to Airline shares!

Even as the dust from the 51% FDI in the multi-brand retail segment and 100% in single-brand retail sector gets settled down, the shares of India’s airline carriers are smiling with the expectation of opening up of foreign direct investment in the aviation sector by foreign airline companies. Currently, government allows 49% FDI in the…Continue Reading