10, 2020
New Delhi: The domestic automobile sales continued to decline in December with the overall sectoral off-take plunging 13.08 per cent on a year-on-year basis, data showed on Friday.
As per the data furnished by the Society of Indian Automobile Manufacturers (SIAM), the sector’s total sales declined to 14,05,776 units in December from 16,17,398 units sold during the corresponding month of the previous year.
In November, the overall sectoral off-take had declined by 12.05 per cent to 17,92,415 units. IANS
US Fed keeps interest rates unchanged, flags oil shock risks
Washington: Federal Reserve Chair Jerome Powell said the US central bank was keeping interest rates unchanged as it monitored the fallout from higher oil prices and broader uncertainty linked to...
Rupee hits record low of 92.63 amid firm dollar, import pressures
Mumbai: The rupee on Wednesday touched a fresh record low of 92.63 against the US dollar, amid a firming greenback and continued foreign fund outflows. At the interbank foreign exchange,...
Gold, silver fall up to 2 pc amid fading Fed rate cut hopes, geopolitical tensions
New Delhi: Gold and silver prices declined on Monday amid fading hopes of a near-term interest rate cut by the US Federal Reserve, while escalating tensions in West Asia kept...
Cyrus Mistry says won’t take up chairmanship of Tata Sons
Jan 5, 2019 New Delhi: In a major turn in the Tata-Mistry saga, Cyrus Mistry on Sunday said that he would not take up the chairmanship of Tata Sons or...
Tata Motors produced zero Nanos in 2019, sold just one
Jan 7, 2020 Mumbai:Tata Motors did not even produce a single unit of its entry-level offering, Nano, during 2019, while it managed to sell just one unit during the year....
Growth estimate subdued, can force fiscal stimulus in Budget
Jan 7, 2020 New Delhi: The government on Tuesday forecast 5 per cent growth for the current financial year, which is the slowest pace in 11 years, and may force...
‘Lack of credit, lower consumption led India’s growthrate to 5%’
by Arul Louis Jan 9, 2020 United Nations: The World Bank says that a lack of credit and drop in private consumption have led to a gloomy growth outlook for...
Amazon CEO Bezos’s India visit crucial as ecommerce space gets fierce
Jan 10, 2020 New Delhi: As the Indian ecommerce market enters into an interesting phase with Reliance firming up its mega plans with launching JioMart, Amazon Founder and CEO Jeff...
Star unicorn Oyo shuts door on employees in India, China
Jan 13, 2020 New Delhi: Ritesh Agarwal-led Indian hospitality unicorn Oyo, currently the second top unicorn after Paytm and valued at nearly $10 billion in the country, has acted tough...
US ends China’s designation as currency manipulator
Washington: The US has dropped its designation of China as a "currency manipulator", just two days before the two countries were scheduled to sign an agreement at the White House...
Amazon to invest $1 bn to digitise Indian SMBs: Bezos
Jan 15, 2020 New Delhi: In a major announcement showing Amazon's support for Indian MSMEs, CEO Jeff Bezos on Wednesday said that the company would invest $1 billion in digitising...
21st to be an Indian century: Bezos
Jan 15, 2020 New Delhi: Making major investment announcements for small and medium businesses (SMB), Amazon CEO Jeff Bezos on Wednesday said that the 21st century will be the century...
