Rearview2013

Good monsoon sets ground for record grain production, 5% growth in 2013

Passage of the landmark food security law in Parliament and the decontrol of sugar sector were two major highlights of the year. However, the recommendation of the Supreme Court appointed committee to put a moratorium on the field trials of GM food crops was seen as a big setback.

FDI sees major liberalisation in 2013; more to come

Prime Minister Manmohan Singh-led UPA government relaxed foreign direct investment (FDI) norms in almost dozen sectors including telecom, defence, PSU oil refineries, commodity bourses, power exchanges and stock exchanges.

Inflation a big challenge for govt, RBI in 2013

Prices of kitchen essentials such as onions spiked to a record Rs 100 per kg and tomatoes touched Rs 80 in some states during the year, pushing the food inflation to double digit mark, even as the Reserve Bank tried in vain to contain the price rise.

2013: Car makers haven't seen such a bad year in a long, long time

According to data provided by the Society of Indian Automobile Manufacturers (SIAM), car dispatches (which means factory to dealers) declined for the first time in 11 years in 2013 by almost 10 percent.

Annual auto sales decline for first time since 2002, post almost 10% dip

SIAM said car sales in India have been in positive territory only for three of the past 17 months -- October 2012, August and September 2013.

Indian IPOs bring in over Rs 1,600 cr in 2013, lowest level in 12 yrs

During the entire 2013, there were just three main-board IPOs -- Just Dial (Rs 919 crore), Repco Home Finance (Rs 270 crore) and V-Mart Retail (Rs 94 crore).

To the brink and back: Key business events in 2013

The RBI starting the year off with rate cuts and then reversing its stance on concerns about widening current account deficit. Fears that the US Federal Reserve will start cutting its bond purchase programme sooner than expected only added to the worries. Foreign funds pulled out of the Indian equities and debt in hoards.

Electronics sector ends 2013 on high with Rs 62,000 cr investment proposals

The Indian electronics sector during the year came up from ventilator after government gave it a booster dose of first ever policy framework in 2013- National Policy on Electronics.

Corp Affairs Ministry has memorable 2013 with law making, fraud fighting

The Ministry remained in focus during 2013 amid a host of high-profile cases of corporate misdoings, regulatory co-ordination to crackdown on fraudulent investment schemes.

Favourable 2013 policies allow telecom sector ray of hope for future

After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore received in 2013.