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Prasanna Mohanty
New Delhi, September 18, 2019
Rural and urban inflation sliding down when the headline interest rate (RBI's repo rate) has also been falling reflects all is not well with the economy. It calls for a comprehensive policy response to spur income and investment to revive consumption demand


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


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?


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


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


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


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. 


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\"


PTI
September 9, 2019



Sumant Banerji
September 9, 2019
Auto sales decline in India by 23.5%: In August 2019, overall sales stood at 18,21,490 units against 23,82,436 units in the same month last year.


BusinessToday.In
September 9, 2019
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.


Niti Kiran
September 5, 2019
While the auto companies are battling a slowdown in sales across all parts of the country, few north-eastern states have bucked the trend of a declining industry-these include Manipur, Mizoram, Nagaland and Sikkim along with Jammu and Kashmir


Sumant Banerji
New Delhi, September 5, 2019
\"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.


BusinessToday.In
September 5, 2019
Clearing the air on the government's plan for petrol and diesel vehicles, Gadkari said that the government doesn't intend to ban these vehicles.


BusinessToday.In
New Delhi, September 5, 2019
Shashank Srivastava, Executive Director of Marketing and Sales in Maruti Suzuki India said that heavy discount were a reflection of their attempt to try and push retail since inventory at both network and factory levels were high.


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