Very few stocks out there can say that they are sporting growth in earnings, sales, and its stock price right now. However, COGT can do that, as this automated fingerprinting identification systems firm to Government, Law Enforcement, and other organizations not only has demand for its products but demand for its stock.

When it comes to the fundamentals, there is definitely a turnaround going on as the most recent EPS for the September 2008 quarter came in with a 180% increase and on top of that the sales growth for the same quarter turned around into a 56% increase.

That recent growth with the 2008 and 2009 earnings estimate growth of 62% and 8% respectively has helped turn this stock around.

Recent orders for the Cogent BlueCheck mobile ID device from LA county and with the release of the FusionTM Multi-Modal Biometric Handheld device gives this company a leg up on possibly increasing …

Inflation is no loger the greatest threat to the short term health of the Indian economy. The global credit crunch has now taken over poll position on the list of worries which are likely to determine the evolution of policy over at the Reserve Bank of India. India's inflation continues to slow and hit a four-month low at the start of October, giving the central bank room to keep injecting cash into the financial system without fanning prices.Wholesale prices rose 11.44 percent in the week to Oct. 4 from a year earlier after gaining 11.8 percent in the previous week, according to data from the commerce ministry last week.

Weaker price gains and a shortage of money in the banking system have allowed the central bank to shift its focus from fighting inflation to stimulating an already slowing economy.

...

Inflation is no loger the greatest threat to the short term health of the Indian economy. The global credit crunch has now taken over poll position on the list of worries which are likely to determine the evolution of policy over at the Reserve Bank of India. India's inflation continues to slow and hit a four-month low at the start of October, giving the central bank room to keep injecting cash into the financial system without fanning prices.Wholesale prices rose 11.44 percent in the week to Oct. 4 from a year earlier after gaining 11.8 percent in the previous week, according to data from the commerce ministry last week.

Weaker price gains and a shortage of money in the banking system have allowed the central bank to shift its focus from fighting inflation to stimulating an already slowing economy.

...

India's inflation held steady in the week to September 13, rising 12.14 percent from a year earlier, thus maintaining the same pace as in the previous week. The rate has now been trending slightly down from the recent peak of 12.63 percent hit on the 9 August. If this trend continues it should give the central bank the necessary room to hold borrowing costs unchanged and thus avoid placing funding pressures on a banking system which is struggling in the wake of the most recent bout of financial turmoil in the United States.

India's financial system is evidently showing signs of strain as the impact of both local policy tightening and the global credit crunch steadily take hold. The rate at which Indian banks lend to each other climbed to an 18-month high of 15.125 percent on Sept. 19, following the

...

Did you know that the Indian government imposes a cess on indigenously produced crude oil? The Oil Industry Development Act, 1974 based on which the cess is being charged, states that “the cess collected under this provision would be made available to the development of petroleum sector”. The cess was introduced to provide financial assistance to state-owned oil companies, and is not applicable to private oil producers.

Since then, the government has collected Rs.74972.36 crore as cess, but only Rs.902

...

At a price of just $2,500 each, Tata Motors Ltd.’s (TTM) Nano was billed early in its development as the world’s cheapest automobile and the only car that was both affordable and practical enough for India’s quickly burgeoning middle class. But the car that was emerging as a bright symbol of middle-class opportunity in fast-growing India could now epitomize something much darker: The human cost of rapid industrialization. Company officials this week disclosed that the Nano might not debut next month as originally planned, because violent protests have erupted at the automobile’s main production site. It’s a conflict that pits traditional Indian values against the country’s rapid industrialization. Designed to target lower-mid income brackets, the Nano will sell for one lakh (100,000 rupees), or just over $2,500 – a price that undercuts Tata’s domestic rivals by about 30%. And ...

Now, this one is an interesting situation. The Indian government likes to tom-tom the oil subsidy bill as a proof of its socialistic credentials; the media targets the government for unfairly subsidising the expenditure of the middle class; and most economists lay the blame at the door of the government for distorting the free market mechanism of price determination via these subsidies.

There are three duties/ taxes collected by the government on the sale of petroleum products. The state governments collect the sales tax while the excise and custom duties go into the kitty of the central government.

 

...

India’s inflation rate shot up to its highest level in more than 16 years this month, increasing the chances of the fourth rise in interest rates in Asia’s third-largest economy since June. Wholesale prices rose 12.63 percent in the week to Aug. 9, after increasing 12.44 percent in the previous week, according to data from the commerce ministry in New Delhi today. And inflation may climb even higher following a decision last week by Prime Minister Manmohan Singh's cabinet to approve an average 21 percent pay rise for 5 million civil servants, ahead of elections due by May. Indian stocks declined after the news was released on concern faster inflation and higher interest rates will crimp consumer spending and slow the pace of economic growth even further. Bonds also declined with the yield on the benchmark ...

India's inflation shot up again at the start of August and hit a 16-year high of 12.44% in the week to Ausust 2, following a 12.01% increase in the previous week, according to data from the Commerce Ministry. Concerns have also been raised that inflation may accelerate further after the government approved sizeable wage increases (in the region of 21%) for civil servants.The Indian cabinet yesterday approved an average 21 per cent pay rise for 5m federal employees and military personnel. This is effectively the first revision of government salary scales for 12 years. P. Chidambaram, finance minister, said on Thursday that the civil servants’ pay rise, to be backdated to January 1 2006, would cost Indian taxpayers $3.6bn (€2.4bn, £1.9bn) this fiscal year, including part of the arrears from 2006. Separately, Indian Railways will have to pay $1.5bn to its ...

India's inflation accelerated again in mid July, and hit it highest level since 1995, providing additional evidence to support last week's central bank decision to raise borrowing costs for the third time in two months. Wholesale prices were up 11.98 percent in the week to July 19, after rising 11.89 percent in the previous week, according to data from the commerce ministry released in New Delhi on Friday.

The Reserve Bank of India raised its repurchase rate by a half-percentage point to 9 percent on 29 July, giving priority to the inflation fight over India's short term growth rate. Indeed many economists consider that the bank may well increase the benchmark rate again in the next three months. The cash reserve ratio was also raised 8.75 to 9 percent and in the statement which followed the decision the bank said it

...