The equity market in India as represented by the benchmark Sensex is up 1.40% YTD. In the past year, the index has had a strong run going from over 16,000 to 20,443 this year before closing at 19,704 last Friday. The Sensex has more than doubled from the lows reached in early 2009 at the height of …
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The eight largest Indian firms by revenues that were in the Fortune Global 500 list for 2012 are listed below: Source: Fortune Global 500, Fortune The state-owned oil company Indian Oil had the highest revenue at over $86.0 billion followed by Reliance Industries, one of India’s largest business groups. Among the eight firms listed four are …
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India is the second largest populous country with a population of over 1.1 billion. The economy grew at a robust pace up until recently after the India opened up its economy and implemented economic reforms. In 2010, the GDP was estimated to be $4.06 Trillion based on Purchasing Power Parity (PPP). The growing economy has …
China and India are two of the largest emerging markets in the world. With rising middle-class and increasing wages, the countries are experiencing tremendous economic growth. However in terms of overall growth, India still lags behind China in most metrics. This is despite India being the world’s largest democracy and China being a communist state …
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India liberalized the airline industry in the early 1990s. After the deregulation the monopoly of the state-owned airlines was eliminated and many new entrants started operations. Since then air travel has increased exponentially as the chart shows below: Click to enlarge Source: CEIC India Data Talk Some of the major airlines currently in operation include …