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 Infosys Acquires Axon

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 US billionaire pumps in $80 million for cash strapped SpiceJet

 SBI raises PLR to 12.75%

 RBI raise the Cash Reserve Ratio (CRR) to 8.75 percent

 Petrol up by Rs 5, diesel Rs 3 a litre; LPG dearer by Rs 50

 Inflation touched 11%; Audi launch its A4 Sedan in July in India; BSE down by 250 points

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Indian Business:

India's business environment has transformed at a faster pace in the recent past. India came a long way from the welfare-centered economy it used to be in the 1970s. In 1990s the country witnessed the emergence of a new India. The Indian markets were open for foreign companies and investors. More and more privatization began to take place and India turned into a more capitalized form of economy. The liberalization, privatization and globalization policy of 1991 opened up new horizons of opportunities for the Indian business.

Indian Business in the Present Scenario:

The scenario of Indian business has totally changed in the recent times. The surge in Indian commercial activities was due to the increase in the inflow of foreign funds, developments in the infrastructure, usage of advanced technologies, increase in the exports, outsourcing activities and many other factors. The growth of the Indian business has been the main factor behind the rapid growth of the economy.

Indian Business - Sunrise Sectors:

The Indian business sectors that have been performing well through development are the following:

  • Information Technology Sector
  • Business Process Outsourcing Sector
  • Telecommunication Sector
  • Electronics and hardware Sector
  • Pharmaceuticals Sector
  • Bio Technology Sector
  • Banking and Insurance Sector
  • Food Processing Sector
  • Automobile Sector
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  • India Budget
  • Reliance Power IPO
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  • Petroleum Industry
  • India Retail Industry
  • Tourism Industry
  • India State Economy
  • India Economy
  • India Mortgage
  • India Insurance
  • India Tax
  • Trade Relations
  • Finance Ministry
  • India Planning
  • India GDP
  • Mutual Funds
  • iPhone
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    Exchange Rates
    USD US 44.3856
    EUR Europe 64.5509
    GBP Britain 79.3673
    JPY Japan 0.4092
    CNY China 6.5033
    (In terms of INR)
    On 3rd September 2008....
    Bullion Prices (Rs.)
    Cities Gold Silver
    Chennai 11669 20110
    Delhi 11629 19853
    Kolkata 11669 20046
    Mumbai 11589 19982
    Gold-Price Per 10 gm(24k)
    Silver-Price Per Kg
    On 3rd September 2008...

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