Slowdown Blues

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Slowdown Blues

Auto crisis: India records worst-ever drop in monthly passenger vehicle sales in August
India's monthly passenger vehicle and car sales recorded their steepest fall ever in August, according to data released by an industry body on Monday, highlighting the continued slowdown in the sector amid assurances by the government for revival.
Economic slowdown 'temporary', Modi govt taking key steps to create jobs, boost investment: Javadekar
The world economy has been facing slowdown and India is 'behaving accordingly', says the minister, adding that the country would soon come out of it
Slowdown Blues: Poll-bound states Kerala, Maharashtra, Haryana, West Bengal oppose GST cuts for auto industry
The automobile industry that accounts for 49 per cent of the country's manufacturing GDP is in the midst of an unprecedented crises with overall sales declining by 14 per cent in this fiscal so far with the passenger vehicle segment posting a near 22 per cent drop
Slowdown blues: New solar power installations decline 35% in the first half of 2019
Solar installations in the first half (H1) of 2019 reached 3.2 gigawatts (GW), a decline of 35 per cent, compared to 5.1 GW of capacity added in the first half of 2018, says a report published by research agency Mercom India
Slowdown Blues: Maruti Suzuki Alto sales decline 54% in August; lowest in 15 years
The crash in sales in August has seen Alto lose four slots to stablemates Dzire, Swift, WagonR and Baleno and drop down to number 5 in the bestseller's list for the month, another low since 2001.
Auto slowdown: Carmakers may not get tax relief in GST Council meet on September 20
While the industry has been lobbying hard for a tax cut, which it believes will lead to a revival in demand, the uncertainty over whether and when it will happen or not has put it in a tight spot
Slowdown Blues: Tata Motors MD says Indian auto industry growth story about to collapse
There are a lot of uncertainties related to BS-VI emission norms transition and how it can impact the overall demand, says Tata Motors CEO and Managing Director Guenter Butschek
Slowdown is real; immaterial if it is cyclical or structural, says Raamdeo Agrawal of Motilal Oswal
"The government should focus on making the stock market attractive to investors. Development of any country depends on how financial savings are channelised," says Raamdeo Agrawal, Co-founder of Motilal Oswal Financial Services
Slowdown Blues: Nitin Gadkari does a U-turn, says no ban on petrol, diesel cars
"We should move towards alternative fuel... I am going to do this, whether you like it or not. And I am not going to ask you. I will bulldoze it. Petrol, diesel gaadi banane walo ka band bajaana hai," he had said in September 2017.
Slowdown Blues: India's economy suffers car crash, pain spreads to villages
Nationwide, according to industry estimates, automakers, component manufacturers and dealers have laid off about 350,000 workers since the start of the year, in response to plunging car sales