Purchasing Power

India now accounts for 6.7 percent ($8,051 billion out of a total of $119,547 billion) of world GDP in terms of PPPs, compared to 16.4 percent and 16.3 percent, respectively, for China and the United States

Deficient monsoon: Is a big agri push on cards in Budget 2016?

The government may be looking to significantly increase allocation to marque programmes such as the Pradhan Mantri Krishi Sinchai Yojana, Rashtriya Krishi Vikas Yojana, Pradhan Mantri Gram Sadak Yojana, and the one to provide soil health cards to the country's 140 million farmer families over three years

India's nominal GDP may cross $2-trn in FY15: Nomura

During FY12-14, nominal GDP growth averaged 13.4 percent YoY, but was offset by currency depreciation. “In FY15-FY17, we expect nominal GDP to average around the same 13-13.5 percent YoY, but with a better composition of lower inflation and more real growth,” says Nomura.

See 15-20% sales hike in festive season: Whirlpool

Whirlpool Corporation had seen a heady 30-40 percent increase in sales in 2009 and 2010 diwali. This year their expectation is muted as consumer sentiment remain weak.

Identifying risk in fixed income securities

Jitendra Solanki of JS Financial Advisors discusses the risks associated with fixed income securities.

Purchasing power increases more in urban areas: Govt

The monthly per capita expenditure (MPCE), which reflects purchasing power, has increased more in urban areas than in rural areas, Parliament was informed today.

Investors who stay in treasurys 'will see a haircut': Gross

Investors looking to preserve their purchasing power will have to avoid Treasurys and put their money in "real assets" such as stocks and real estate, Bill Gross, Pimco co-founder, told CNBC's "Closing Bell" on Monday.

Indian, Chinese middle class may lead global spending: ADB

Amid sluggishness in demand in the developed world, the Asian Development Bank (ADB) has said that emerging middle class in India and China could become the next leading global consumers.

Indian poultry industry needs to ramp up growth: ICRA

The Indian poultry industry needs to ramp up growth to meet soaring domestic demand for broiler meat, which is expected to rise at around 18% over the medium-to-long term, international credit agency ICRA has said.

Food inflation in developing nations a concern: OECD-FAO

High food inflation is a concern for economic stability and food security in some developing countries as the purchasing power of the poor is reduced, a joint OECD-FAO report said on Friday.

Monsoon rains hit mainland two days early

India's annual monsoon rains have hit Kerala two days earlier than expected, weather officials said on Sunday, boosting prospects for a harvest that could spur Asia's third-largest economy.