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PTI
September 18, 2019



Manu Kaushik
New Delhi, September 17, 2019
Just when the airline companies started posting record profits, the national carrier is going from bad to worse. National carrier reported net losses of Rs 8,400 crore in 2018-19, up 57 per cent from Rs 5,337 crore in 2017-18


Nevin John
New Delhi, September 17, 2019
According to industry experts, the rising price of crude post the attack will deplete the country's foreign currency reserves and widen the fiscal deficit gap, while it fuels inflation in the domestic market


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


BusinessToday.In
New Delhi, September 15, 2019
Air India has reported an operating loss of around Rs 4,600 crore in the last financial year mainly due to rise in fuel prices and higher costs as Pakistan closed its airspace for Indian carriers which resulted in higher costs and caused a daily loss of Rs 3 to 4 crore


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\"


Sumant Banerji
September 13, 2019
In 2018-19, MRF had revenues of Rs 15,837 crore while Apollo tyres was behind at Rs 12,354 crore. Apollo has however led the domestic tyre market in terms of growth in the last 3 years with a CAGR of 12.6%


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
September 10, 2019
Regarding the auto manufacturers' demand to reduce GST rates for automobiles, FM Sitharaman said that the matter will be taken up by the GST Council in its meeting on September 20


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.


PTI
New Delhi, September 10, 2019
Demand for gasoil will rise by an average 5.3% per year through the 2025 fiscal year and by an average 4.5% through 2030


BusinessToday.In
New Delhi, September 10, 2019
INX Media: CBI may file chargesheet in September, to name P Chidambaram as accusedAfter questioning former finance minister P Chidambaram in custody, the Central Bureau of Investigation (CBI) is likely to file a chargesheet in the INX Media case by end of this month. Sources reportedly said the chargesheet will be filed against 10 accused, including few companies, which were allegedly involved in the case. The chargesheet is likely to reduce Chidambaram's chances of getting bail. 'Even I...


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. 


PTI
September 9, 2019
The new power tariff policy is a path-breaking one, Singh said, adding it has gone to the Cabinet and hopefully it would be passed quickly


PTI
September 9, 2019
The Army has undertaken measures for capacity building and capability development in the Sir Creek area, keeping in mind the enhanced threat perception, said Lt Gen S K Saini, GOC-in-C of the Army's Southern Command


BusinessToday.In
New Delhi, September 9, 2019
Jaguar sales dropped 17.8 per cent y-o-y to 9,702 units in August, while Land Rover retailed 29,228 vehicles, down 1.4 per cent compared to August 2018


BusinessToday.In
September 9, 2019
Minister for Information and Broadcasting Prakash Javadekar said, \"no other government in the past has taken so many people-friendly decisions in its first 100 days in power\"


Prasanna Mohanty
September 9, 2019
Decadal comparisons of growth in railway freight, consumption of diesel and import of crude oil and its products - all point to significant decline, indicating that the economic slowdown is neither sudden nor cyclical


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