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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
2 mins read
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
2 mins read
Stock market closing: Sensex closes above 80,000, auto, pharma and realty indices rally
Maruti (up by 6.52%), Divis Labs (up by 2.37%), Mahindra and Mahindra (up by 2.23%), Titan (up by 1…
2 mins read
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
2 mins read
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…
3 mins read
Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry
The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…
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
1 min read
Passenger vehicle exports rise by 2.68 lakh units in last 4 years; Maruti accounts for 70% of incremental shipments
Passenger vehicle exports from India rose by 2.68 lakh units in the last four financial years with …
PTI
2 mins read
Sensex, Nifty close near their record highs on Wednesday
Indian equity benchmarks on Thursday closed on a strong note with the Nifty around 25,150 after tou…
ANI
1 min read
Bajaj Auto Q1FY25 results: Net profit, EBITDA, exports see a major jump, leadership change imminent
The company's sales also saw a 7% YoY jump from 11,02,056 units in the June quarter, compared to 10…
2 mins read
Manufacturing sentiments, domestic demand up in Q1 FY25, notes FICCI survey
Manufacturing sentiments in India have shown an improvement in the first quarter of the financial y…
ANI
2 mins read
Domestic passenger vehicle wholesales dips 2.5% at 3,41,510 units in July: SIAM
The sales were impacted by high base effect as well as companies reducing vehicle dispatches to dea…
PTI
2 mins read
Economic Survey 2024 – industries grow by 9.5%, fueling economic growth to 8.2%
Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha…
1 min read
Airport industry to see profit before tax of $1.3 billion this fiscal
"The topline will grow due to an increase in aeronautical revenue along with the receipt of…
PTI
3 mins read
Retail auto sales grow by 13% in February, but elevated inventory levels a concern
The Indian auto industry reported a 13% growth in sales in February 2024, with all the segments rep…
2 mins read
Tesla is eyeing India but a rival says that's 'good for the industry'
MG Motor India's CEO Emeritus told CNBC that Tesla's potential entry into the Indian market could b…
Tom Carter
3 mins read
Stock markets end on positive note despite early setbacks
The BSE Sensex ended the day with an uptick of 131.18 points closing at 77,341.08. Meanwhile, the b…
ANI
3 mins read
Budget 2024 expectations – PLI scheme to GST reduction, budget expectations from the tech industry
The Budget 2024 is set to be tabled on July 23 by the finance minister Nirmala Sitharaman and like …
2 mins read
Market Morning: Except for FMCG, consumer durables, sectoral indices open in red
During early morning trade, IndusInd Bank, Cipla, Tata Steel, Adani Ports and and SBI lost signific…
2 mins read
T+0 trade settlement will be available for 25 scrips starting Thursday
Stock exchanges BSE and NSE are all set to introduce the beta version of the T+0 or same-day trade …