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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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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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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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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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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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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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India's services sector activity hits 5-month high in August on uptick in new work orders

On the price front, input costs rose at their slowest pace in six months, with both the manufacturi…

PTI   


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Maruti Suzuki, Tata Motors, Hyundai and other automakers report a decline in sales in July 2024

The month of July 2024 could have been better for automakers, with most companies reporting a decli…

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Tata Motors shares slump 4% on poor sales data

On the BSE, scrip of Tata Motors dropped 3.69 per cent to trade at Rs 1,102.40 per piece. …

PTI   


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Housing sales across top 8 Indian cities dip 6% to nearly 1.14 lakh units in April-June: PropTiger

Housing sales across the top eight Indian cities declined 6 per cent to 1,13,768 units during the A…

PTI   


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April auto sales – Hyundai continues to hold the second position as Tata Motors inches closer

Hyundai continued to occupy the second position in India’s car market, with Tata Motors taking the …

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Net Foreign Investment in Indian stocks dropped to Rs 7,320 crore in August—lowest in 3 months

This drop is particularly stark when compared to July, where foreign portfolio investors (FPIs) had…

ANI   


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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…

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Electric two-wheeler sales cross the 1 lakh mark after four months, Ola Electric leads the market

The Indian electric two-wheeler market is finally recovering after months of subdued sales after th…

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RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…

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Realme 13 Pro and Realme 13 Pro+ launched in India starting at ₹26,999

Realme today launched two new mid-range smartphones in its Realme 13 series, dubbed the Realme 13 P…

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Indians increasingly opting for premium smartphones including 5G-enabled, shipments data reveals

Among the 27 million 5G smartphones that were shipped in the April-June quarter, the share of 5G sm…

ANI   


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Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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Volatility continues in Indian stocks as US payroll data due today

Indian stock markets opened flat on Thursday with a marginal dip, as global markets faced pressure …

ANI