There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......
Mutual funds (MFs) have lined up information technology (IT) funds, indicating that technology stocks are back on fund managers’ radar after a hiatus. Over the past 18 months, stock prices......
The Union Budget for 2013-14 delivered the promise of fiscal consolidation projecting a fiscal deficit at 4.8 per cent of GDP for the next fiscal year, whilst managing the fiscal deficit for the......
Life Insurance Corporation of India (LIC) February 8 for the first time ever crossed the Rs 7 trillion market capitalisation, as the stock price of state-owned insurer hit a new high of Rs......
Fighting all adversities and a tougher regulatory regime, mutual funds are headed for a cash-rich 2014 with an estimated addition of about Rs three lakh crore (Rs 3 trillion) to its asset base to......