December auto sales decline by over 13%

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

Trump imposes 50 per cent tariffs on steel, aluminum, and copper

Washington: US President Donald Trump signed a sweeping proclamation imposing steep tariffs on imports of steel, aluminium and copper, tightening trade controls in the name of national security. The order...

Trump admin raises concerns over birth tourism in citizenship case

Washington: The US government flagged concerns over “birth tourism,” particularly from China, as it urged the Supreme Court to curb automatic citizenship for children born on American soil. Arguing for...

Stocks fall, oil prices jumps after Trump’s Iran speech

Washington: Global markets fell, and oil prices rose after US President Donald Trump signalled the Iran conflict would continue for weeks, raising concerns about supply disruptions and prolonged economic fallout,...

US moves to curb offshore call centres​

Washington: The Federal Communications Commission has launched a sweeping proposal to push call centre jobs back to the United States, tighten customer service standards, and crack down on illegal robocalls...

Centre slashes excise duty on petrol and diesel by Rs 10 per litre each

New Delhi: The government on Friday slashed excise duties on petrol and diesel by Rs 10 per litre each, bringing them down to Rs 3 per litre for petrol and...

India’s growth to remain resilient at 7.1 pc in FY27 despite geopolitical tensions: S&P Global

New Delhi: India’s growth remains resilient at an estimated 7.1 per cent for FY27, even as geopolitical tensions in the Middle East pose challenges to the broader Asia-Pacific region, according...

Oil markets volatile amid conflict fears, diplomacy hopes

Washington: Oil markets swung sharply as investors weighed fears of a prolonged Middle East conflict against signs of possible diplomatic progress, with prices briefly topping $100 before retreating. Wall Street...

Delhi CM Rekha Gupta presents Rs 1,03,700 crore Budget for 2026-27

New Delhi: Chief Minister Rekha Gupta presented the annual budget for the 2026-27 financial year in the Delhi Assembly on Tuesday, proposing a total outlay of Rs 1,03,700 crore. This...

Gold and silver prices tumble over 4 pc as West Asia tensions ease

Mumbai: Gold and silver prices witnessed a sharp decline on Tuesday, even as hopes of de-escalation in the West Asia conflict weighed on safe-haven demand after the US President announced...

Oil slides after Trump delays Iran attack​

Washington: Oil prices fell, and markets rallied after President Donald Trump postponed strikes on Iran, a development closely watched in India for its economic impact.​   Trump, in a Truth...

India on fast track of growth: PM Modi

New Delhi: Prime Minister Narendra Modi on Monday said that India has transformed every sector and is now moving ahead on a fast track of development, with visible results replacing...

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...

Read Previous

Salman announces his next ‘Kabhi Eid Kabhi Diwali’

Read Next

House votes to limit Trump’s war power on Iran

WP2Social Auto Publish Powered By : XYZScripts.com