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Dipak Mondal
New Delhi, September 18, 2019
The 37th GST Council meeting to be held in Goa on 20 September was supposed to discuss the issue of rate cut in the auto sector. The other proposals to be discussed during the meeting include tax cuts on FMCG goods and hotel industry.


BusinessToday.In
New Delhi, September 17, 2019
BSE auto index fell 3.8 per cent to close at 15,783.39, as against 1.73 per cent decline in the BSE Sensex. Meanwhile, the Nifty Auto index ended at 7,020.75, down 3.83 per cent, as compared to 1.69 per cent fall in Nifty 50 index


Reuters
Beijing, September 17, 2019
Industrial output growth unexpectedly weakened to 4.4% in August from the same period a year earlier, the slowest pace since February 2002 and receding from 4.8% in July.


BusinessToday.In
September 16, 2019
The hefty discounts come amid an unprecedented slump in the auto sector. Sale of automobiles crashed by 23.5 per cent to 18,21,490 units in August, the worst ever decline in a month on a year-on-year basis since 1997-98


Sumant Banerji
New Delhi, September 16, 2019
The steel industry is feeling the pinch of the protracted slowdown in construction and auto sectors, two of its biggest clients. Will it be the next domino to fall?


BusinessToday.In
New Delhi, September 16, 2019
INX Media case: Karti said that in today's day and age, turning 74 is nothing compared to turning 100 days old - another jibe at PM Modi and the celebration of the government on completing 100 days in power.


PTI
New Delhi, September 15, 2019
The country's largest car-maker Maruti Suzuki India (MSI) saw its market share dip by over 2 percentage points during the period under review and slip below 50 percent in the domestic passenger vehicle segment in April-August


PTI
New Delhi, September 15, 2019
Sinha also raises doubts about Sitharaman's announcement to organise a mega-shopping festival in India; says \"the economies of UAE and India are different\"


PTI
September 13, 2019



PTI
New Delhi, September 13, 2019
'The dangerous thing about the present situation is that the government is complacent enough to not realise that we are in the midst of a protracted economic slowdown,'Manmohan Singh


PTI
September 12, 2019



BusinessToday.In
September 12, 2019
Mahindra has launched the subscription servcie in Delhi-NCR, Mumbai, Pune, Bangalore, Hyderabad, Kolkata, Chandigarh and Ahmedabad in the first phase


Sumant Banerji
New Delhi, September 11, 2019
Sitharaman's argument that millennials' preference for Ola and Uber is responsible for dismal auto sales was perceived by the auto industry as an excuse for not slashing excise duties to prop up sales - something the government has been hinting at for a week at least


Ajita Shashidhar & Sumant Banerji
New Delhi, September 11, 2019
With Indian consumers tightening their purse string, auto and consumer durables companies are approaching this festive season like a regular period, without ramping up stocks


BusinessToday.In
New Delhi, September 11, 2019
FM Sitharaman, in a press conference on Tuesday, said the auto slump was due to many factors like the change in the mindset of millennials, who now prefer taxi aggregators like Ola and Uber


BusinessToday.In
September 11, 2019
Bajaj Auto's Managing Director Rajiv Bajaj believes that the unprecedented slowdown in the auto sector is largely due to \"overproduction and stocking\" by companies based on growth forecasts, and ruled out the need for a reduction in the GST rate


Ajita Shashidhar
September 11, 2019
Categories such as television which occupy over 50 per cent space in most durable stores, in the last one year have registered a volume growth of just 3 per cent while revenue growth has been flat


Renu Yadav
New Delhi, September 10, 2019
Job loss is part of the economic cycle whenever the economy faces downturn. Therefore, it's better to prepare yourself emotionally and financially for any eventuality


BusinessToday.In
September 10, 2019
The sharp decline in sales, for the tenth consecutive month, has forced job losses and production cuts across India's massive auto sector and now the downturn can be seen affecting automakers' small cars portfolio too.


Sumant Banerji
New Delhi, September 10, 2019
Auto crisis: This year, the industry is keeping it simple, treating the festive month of October as regular even as both Navratra and Diwali are falling in it. 


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