BGFS Associates

Indian Automobile sector continues to grow in top gear. Based on estimates, the total sales (domestic + exports) last year has crossed the 10 million mark.

India is witnessing a period of boom in retail trade, mainly on account of a gradual increase in the disposable incomes of the middle and upper-middle class households. The country offers vast potential in retail business. (continue reading…)

Responding to unease over its own rising inflation, China has introduced a number of measures aimed at controlling growth better. The moves appeared to be generally well received by the markets, viewed as measures to make growth more sustainable. China’s economy grew 10.9% more in the first half of 2006 compared to the same period last year. (continue reading…)