While high inflation was a major stumbling block for the monetary policy committee (MPC) to reduce the repo rate, the Governor expects retail inflation or CPI to come closer to the targeted level by the fourth quarter

India will be among a select few countries to have this facility. For this, payment system operators to be licenced on a perpetual basis, says RBI Governor Shaktikanta Das 

MPC meet: Governor Das said that India is likely to witness a three-speed recovery with individual sectors showing varying paces depending on sector-specific realities

MPC Meet Live Updates: Shaktikanta Das says the monetary policy committee has voted unanimously to keep repo rate unchanged; India will see a \"3-speed recovery\", though it will vary from sectors-to-sectors, says the RBI Governor

Overall decline is significantly less than 27 percent drop in sales in August. Green shoot visible in passenger vehicle sales, which grow by 9.8%, the first time in a month this year

Weeks before the festive season begins, some of the high-frequency indicators such as auto sales, air traffic, toll collection and rail freight loadings have revived hopes of recovery

The stock has risen 1.89% in one week and 0.91% in one month. Bajaj Auto shares trade higher than 5, 20, 100 and 200-day moving averages but lower than 50-day moving averages

Exports accounted for 2.12 lakh units in September against 1.86 lakh units in September 2019, recording a 14 per cent rise; domestic sales rose 6 per cent to 2.28 lakh units compared to 2.15 lakh units during same period last year

Most of the workers in auto industry are young migrants - the same heterogenous bunch that grabbed headlines  this year when the lockdown forced them to hit the roads to return to their towns and villages

All segments of the market have recorded a weak satisfaction score below 600 which is understandable given that no one can be prepared in advance for handling such a calamity

Even though the debit card-linked loan is for two-wheelers, it works like a personal loan because hypothecation of the vehicle is not required

Ravinder Singh, Senior Vice President, YMIS, saidt he market sentiment is estimated to improve by mid-August onwards during festive seasons

BT's panel of experts on how to fire up the four engines of the economy - and where to find the money

Shekhar Vishwanathan, Vice Chairman of Toyota's local unit Toyota Kirloskar Motor has said that the government keeps taxes on cars and motorbikes so high that companies find it hard to scale up

From intensifying crackdown on those violating the traffic rules to enforcing the compulsory use of masks, the Centre has also instructed the state government to impose stricter fines and rules to make people comply with the COVID-19 related guidelines

SIAM chief Kenichi Ayukawa says the industry is observing growth, which has instilled confidence back into the industry, especially in the two-wheeler and the passenger vehicle segments

The decline was relatively modest compared to the 25 per cent year-on-year dip in July but in stark contrast to the 20 per cent growth in wholesale that was dispatched by manufacturers from their factories to their respective dealerships

Apex national body of automobile retail industry said overall demand is still not equal to pre-COVID levels, as despite abundant liquidity, risk-averse mood of banks and NBFCs, coupled with stricter CIBIL scores, failed to capture the demand in August

Scrappage policy has been a long-standing demand from the industry especially for the down and out commercial vehicle segment

Decline in India's GDP during June quarter was a result of stringent lockdown imposed across the country, claimed Finance Ministry in Economic Review report for August