This Diwali has been nice for the markets as economic progress continues. Industrial production has gone up by 10.4% giving hopes of better GDP (above 6%) by the year end. Stock markets have performed very well, beyond expectations, jumping from 7,000 mark to 17,000 in one year... all speaks well of the coming times.
The IDNS summit held in New Delhi brought out excellent results for the broadcasting industry. Particularly, the DTH sector which has added more than a million subscribers in the last month, making its subscriber base cross a figure of 16 million. But as per the projections, the cable TV sector is also expected to do well with a lot of public as well as foreign money being pumped into the major MSOs through IPOs and FDIs and plans to cover more cities with digital cable before the Commonwealth games kick off.
