THE INDIAN STOCK MARKET

1.India has the third largest economy in the world measured by purchasing power parity.

2. India has the tenth largest economy in the world in US dollar exchange-rate terms.

3. India is is the second fastest growing major economy in the world [9.5% GDP growth rate].

4. Indian Services make up over 61% of their GDP.

5. The inflation rate in India is 5.3%.

6. India has the fourth-largest reserves in the world of coal.

7. India has the world’s largest reserves of thorium, a slightly radioactive metal which has been considered an alternative nuclear fuel to uranium.

8. Indian oil reserves provide 26% of the country’s demand.

9. India ranks second worldwide in farm output.

10. India ranks fourteenth worldwide in factory output

11. Indian IT industry accounts for only about 1% of the total GDP.

12. In 2005, India liberalised its foreign direct investments policy to allow up to a 100% foreign investment stake in India based ventures.