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Luxury carmakers Mercedes, Audi, BMW expect robust sales this festive season

The luxury car market in India currently remains very small accounting for less than 2% of the over…

PTI   


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1 min read

Passenger vehicle wholesales dip 2% in August as OEMs cut dispatches

Two-wheeler wholesales rose 9 per cent to 17,11,662 units last month against 15,66,594 units in …

PTI   


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Indian manufacturers see softer increases in new business, output in August: PMI

In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …

PTI   


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Electric two-wheeler sales declined in August 2024, but year-on-year growth continues

After months of subdued sales, the Indian electric two-wheeler market bounced back in July 2024, cr…

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3 mins read

Despite budget provisions, residential housing market will see sales growth, notes recent report by Knight Frank

A notable 24% expect stability, while 25% predict a potential decrease, reflecting a balanced yet c…

ANI   


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Indian auto component industry turnover grows 9.8% in 2023-24; outlook positive: ACMA review

The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the bod…

ANI   


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India's home & household market expected to reach $237 billion by 2030, highlights Deloitte report

Stating that factors such as high disposable incomes, the rise of digital platforms, easy access to…

PTI   


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More pain for China as home sales crash for one of its largest developers and tech earnings growth falls to lowest since 2022

A leading Chinese developer saw a 57% annual drop in contracted sales last month, Bloomberg reporte…

Filip De Mott   


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Meesho to begin annual festival sale from September 27, sees 42% surge in seller base

"Meesho's Annual 'Meesho Mega Blockbuster Sale' Starts on 27th September. With over 20 lakh sel…

PTI   


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Auto sales see a positive trend in June, two-wheeler sales register 21% annual growth: SIAM data

The two wheeler sales in India in June registered a growth of 21.3 per cent year-on-year (Y-o-Y), h…

ANI   


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1 min read

Auto sector poised for robust growth in July 2024 with double-digit surge in two-wheeler sales: Anand Rathi report

The surge is attributed to solid retail demand, estimated at approximately 15 per cent y/y, strateg…

ANI   


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FADA urges banks to tighten funding to dealers as rains play spoilsport in August

Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…

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August auto sales – Maruti Suzuki, Tata Motors and others report a decline in sales

The Indian passenger vehicles segment reported a decline in sales for the second month in August 20…

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1 min read

Small businesses generated 35 million job applications till Aug 2024, 14 million were from women: Report

Notably, over 55 per cent of total job applications for SMB roles came from tier-2 and tier-3 citie…

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4 mins read

Global smartphone shipments grow 6.5% in Q2 2024, Xiaomi records highest growth

Worldwide smartphone shipments continued to grow in Q2 2024, marking the fourth consecutive quarter…

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2 mins read

Passenger vehicle retail sales dip 5% in August 2024; FADA raises alarm over rising inventory level

Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account…

PTI   


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Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%

The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …

ANI   


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3 mins read

Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report

The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…

ANI   


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Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report

India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …

ANI   


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'Home run' continues, FY25 to be another strong year after a robust demand in FY24: report

The outlook for residential real estate will be strong in the financial year (FY25), as the domesti…

ANI