Falling growth versus persisting inflation risks: What will win the heart of rate-setting panel this June?
The April retail inflation data, coupled with not-so-encouraging growth figures released so far, are compelling reasons for the Monetary Policy committee (MPC) to press the rate cut button on 6 June
Homegrown automakers Tata Motors and Mahindra & Mahindra (M&M) on Thursday reported a decline in sales for April, hit by subdued demand in the market
Tata Motors on Thursday reported a 20 percent decline in total sales during April at 42,577 units as compared with 53,511 units in the same month last year
November passenger vehicle sales slow down, industry leaders blame fluctuating exchange rates, rising fuel costs
Domestic passenger vehicle sales in November were in a slow lane with major manufacturers Saturday reporting either marginal increase or decline in offtake.
Maruti Suzuki's net sales rose marginally to Rs 21,551.9 crore for the quarter under review, as against Rs 21,438.1 crore a year earlier
Passenger sales decline 2.46% in August, car sales down 1%, commercial vehicles up 29.56%: SIAM data
Domestic passenger vehicle sales dropped 2.46 percent to 2,87,186 units in August as against 2,49,416 units in the same month last year, automobile industry body SIAM said
The Central Statistics Office (CSO) is scheduled to release quarterly GDP estimate for April-June 2018 on 31 August
Vehicle sales across categories registered a rise of 22.77 percent to 21,11,383 units from 17,19,806 units in February 2017, SIAM said.
India, the world's third biggest oil consumer, is expected to consume 203.4 million tonnes of refined products in the year to March 2018
With the overall automobile sales, including PVs, commercial vehicles (CVs) and two-wheelers, recording a growth of 9.29 percent during April-November period this fiscal, SIAM expects the overall industry growth to be around 8-10 percent during the current fiscal.
Some analysts believe at least four to six months of sustained sales/traffic growth in vehicles, port and airport traffic is needed for a firm trend to emerge
Revenue from operations during the first quarter of 2017-18 stood at Rs 12,335.56 crore, up 3.29 percent
Maruti's domestic sales increased 15.5% during the month to 1,30,676 units as against 1,13,162 units in May 2016
Analysts feel other two-wheeler and four-wheeler companies are also likely to post disappointing sales numbers for December in days to come mainly due to the impact of demonetisation on the economy