Indian economy, Indian aviation, personal finance, stock markets, auto industry, Narendra Modi, Raghuram Rajan
Business Today
Year Roundup: 2015
Indian automotive industry shows modest recovery in 2015

Besides an uncertain future on rising fumes over use of diesel for the long term in automotive, the industry witnessed an unprecedented emission scandal involving Europe's largest carmaker Volkswagen that could lead to unprecedented penal fine of up to $18 billion in the US.

 
 
The $146 billion Indian Information Technology (IT) industry, which employs 3.1 million people, is at a crossroads.
India stood behind Kazakhstan and Ghana, scoring poorly on metrics like trade and monetary freedom and tackling challenges like corruption and violence.
From the Swiss franc's record rise in Jan to the near certainty of a historic Fed hike in Dec, 2015 was a far more volatile year than most predicted 12 months ago.
 
 
Globally also, it remained a year marked with record mergers, led by the $160 billion deal between Viagra maker Pfizer Inc and Botox manufacturer Allergan.
The biggest hit came from ban on the popular Maggi noodles, which was subsequently lifted on court orders but led to greater scrutiny on all instant food products.
Private equity investments touched a record high across 685 deals, breaching the previous high of $14.7 billion recorded in 2007.

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