Maruti Suzuki India expects its CNG car sales to rise over 30 per cent to around 6 lakh units this fiscal, according to a senior company official. The country’s largest carmaker also aims to export around 3 lakh units in the ongoing financial year. “So CNG, this year, we did about 4,50,000 (units) in passenger … Read more
“If trouble comes when you least expect it, then maybe the thing to do is to always expect it.” Cormac McCarthy Considered in a proper historical and comparative perspective, the 30-share Sensex, which breached the 25,000 mark in May 2014 and the 50,000 mark on January 21, 2021, smashed the psychological 75,000 barrier, zooming to … Read more
Ahead of India’s inclusion in the JP Morgan GBI-EM Global Index Suite, the majority of the clients of the index have their accounts set up to trade in Indian government bonds, with any “teething issues” related to operational readiness rather than barriers to entering the local market, Gloria Kim, Managing Director, Global Head of Index … Read more
Small cars sales in the local market will revive in the next couple of years on back of economic growth and improvement in income levels of customers at the entry-level, the country’s largest carmaker Maruti Suzuki said, adding it expects to capitalise on the growth in the segment going ahead with most competitors exiting the … Read more
The 2024 Porsche Panamera has officially launched in India, starting at a price of Rs 1.70 crore (ex-showroom). Deliveries for the third-generation Panamera are set to begin immediately. This latest version of the Panamera comes with numerous updates in design, features, chassis, and powertrain. Under the hood, the updated Panamera boasts a 2.9-litre, twin-turbo, V6 … Read more
New Delhi: India has extended the free import of yellow peas by four more months until October 2024, the Directorate General of Foreign Trade (DGFT) said in a notification adding that the import is permitted without the Minimum Import Price (MIP) and port restriction conditions. In December last year, the government allowed duty-free imports of … Read more
The auto retail sector in India registered a growth of 27 per cent on an annual basis in April, driven by stable fuel prices and new model launches even as Lok Sabha elections dampened consumer sentiment, FADA said in a press release on Wedensday. Retails of two-wheelers increased by 33 per cent while three-wheelers, passenger … Read more
New Delhi: US and Australia alleged India of giving subsidies to sugarcane farmers far exceeding limits set in global trade norms.The two countries told the WTO that they estimated that over the period 2018-19 to 2021-22, New Delhi provided sugarcane subsidy between 91-100%, which was “vastly in excess of the limits set out” at 10% … Read more
VST Zetor Private Ltd, the joint venture between VST Tillers Tractors Ltd and HTC Investments, on Monday announced the launch of three “best-in-class” tractors in the higher horse-power range. In a statement, the company said, the three new tractors launched in the range of 41 to 50 HP are VST Zetor 4211, VST Zetor 4511, … Read more
Indian weddings are notoriously elaborate affairs, requiring a multitude of outfit changes for multiple days of festivities. It used to be normal for a family visiting Brij Kishore Agarwal’s sari shop, near the narrow lanes of Chandni Chowk market in India’s Old Delhi, to depart with a big bundle of bright, embroidered garments and leave … Read more
