India, Russia to increase bilateral trade through FTA

International north-south corridor to be implemented

by Natasha Nadkar

India and Russia have agreed to increase bilateral trade through a proposed free trade agreement (FTA). An international north-south transport corridor will be implemented for increasing bilateral trade. The corridor will reduce time and cost of transportation of goods between both countries, as per Indian commerce & industry minister Nirmala Sitharaman. She further added that an Indian delegation will discuss the revised investment treaty between the two countries during their visit in Moscow in April 2017. Foreign direct investment from Russia is estimated at USD 1.2 billion while Indian investment in Russia is around USD 4.9 billion.

References
1. http://www.thehindubusinessline.com/economy/india-russia-discuss-free-trade-pact/article9587935.ece
CMIE STATISTICS
Unemployment Rate
Per cent
3.8 +0.1
Consumer Sentiments Index
Base September-December 2015
99.7 +0.2
Consumer Expectations Index
Base September-December 2015
100.0 0.0
Current Economic Conditions Index
Base September-December 2015
99.1 +0.5
Quarterly CapeEx Aggregates
(Rs.trillion) Jun 16 Sep 16 Dec 16 Mar 17
New projects 1.45 2.40 1.40 2.87
Completed projects 0.90 2.20 0.88 1.65
Stalled projects 1.40 0.64 1.01 0.32
Revived projects 0.40 0.51 0.17 0.62
Implementation stalled projects 0.50 0.37 0.80 0.27
Updated on: 23 May 2017 8:20PM
Quarterly Financials of Listed Companies
(% change) Jun 16 Sep 16 Dec 16 Mar 17
All listed Companies
 Income -0.9 2.1 6.3 10.3
 Expenses -0.3 1.9 6.6 9.5
 Net profit -4.0 14.6 37.8 37.5
 PAT margin (%) 6.9 6.9 6.1 7.3
 Count of Cos. 4,499 4,479 4,449 1,114
Non-financial Companies
 Income -2.5 0.6 6.1 12.7
 Expenses -2.9 -0.2 7.6 17.3
 Net profit 9.7 26.7 22.2 -7.0
 PAT margin (%) 7.4 6.9 6.2 10.0
 Net fixed assets -9.2 8.0
 Current assets 8.1 5.1
 Current liabilities 11.6 7.7
 Borrowings 3.1 7.1
 Reserves & surplus 8.4 12.7
 Count of Cos. 3,502 3,485 3,468 884
Numbers are net of P&E
Updated on: 23 May 2017 8:29PM
Annual Financials of All Companies
(% change) FY13 FY14 FY15 FY16
All Companies
 Income 12.4 9.9 4.9 1.0
 Expenses 12.6 9.7 5.0 1.1
 Net profit 1.2 -3.1 2.1 -12.4
 PAT margin (%) 3.6 3.2 3.2 3.1
 Assets 14.3 12.2 9.3 8.1
 Net worth 9.5 9.6 8.6 7.4
 RONW (%) 6.8 6.1 6.1 5.5
 Count of Cos. 24,399 21,813 20,887 16,947
Non-financial Companies
 Income 11.7 9.6 4.0 0.0
 Expenses 12.0 9.2 4.1 -0.8
 Net profit -8.4 -3.8 -4.0 12.5
 PAT margin (%) 2.4 2.2 2.2 2.8
 Net fixed assets 12.9 11.6 13.0 12.4
 Net worth 7.7 8.6 7.2 6.7
 RONW (%) 5.5 5.0 4.9 5.8
 Debt / Equity (times) 1.1 1.1 1.1 1.0
 Interest cover (times) 2.1 1.9 1.9 2.1
 Net working capital cycle (days) 72 69 67 66
 Count of Cos. 18,910 17,264 16,595 13,776
Numbers are net of P&E
Updated on: 21 May 2017 10:44AM