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India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter

Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …

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Sensex and Nifty extend losses amid inflation woes and FII selling pressure

Despite domestic investors buying shares, sectors like FMCG and energy faced pressure. However, rea…

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Indian consumers shift gears toward luxury and sustainability in the auto sector: Survey

Consumers in India show a growing interest in premium and sustainable vehicles, with 85% leaning to…

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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…

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Note floated to seek distinction between online game of skill, game of chance for FDI

Certain quarters raise objections as they relate online gaming with gambling and betting. There are…

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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Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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Indian consumers shifting towards low-sugar beverages, high GST rates stalling growth in carbonated soft drinks market

India's carbonated soft drinks segment faces challenges due to a 40% tax rate under GST, hindering …

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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…

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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 …

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Karnataka registered 10.2% GSDP growth in 2023-24

Karnataka's GSDP soared to 10.2% in 2023-24, outpacing the national average of 8.2%, despite a seve…

PTI   


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Konkan's cashew industry faces uphill battle with rising costs, labor shortages and limited raw material

In recent years, however, the Konkan region's once-thriving cashew processing industry has faced es…

ANI   


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Automobile industry hails PM e-DRIVE scheme to promote EVs

Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for In…

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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   


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GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums

O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…

PTI   


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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…

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EVs are not the only options for alternative fuel — make way for hydrogen and bio-fuel

Electric vehicles are gaining popularity worldwide due to consumer acceptance, policy backing, and …

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Indian auto retail sector records 27% YoY growth in April: FADA

The Indian auto retail sector recorded a robust 27 per cent year-on-year (YoY) growth for April 202…

ANI   


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Industry needs to boost capital investments to capitalise on growth opportunities, says Anand Mahindra

Particularly after COVID, Indian companies have become increasingly risk averse, sticking to the tr…

PTI   


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Sensex-Nifty hit all-time high as trading session closes in green

Indian benchmark indices reached fresh record highs on Wednesday, driven by gains in banking and me…

ANI