Mumbai: The Indian stock market, seen as the best performer in the emerging markets (EMs), crossed the 85,000 mark for the first time in September this year. Now, multinational investment bank and financial services company Morgan Stanley has forecast that the BSE Sensex may cross the historic 1 lakh level in this bullish scenario by … Read more
Saudi Arabia (Photo: X) Saudi Arabia announced on Sunday a 0.3-per cent year-on-year decrease in real gross domestic product (GDP) for the second quarter of 2024, mainly due to an 8.9-per cent year-on-year drop in oil activities during the period. The findings were part of a report released by the country’s General Authority for Statistics, … Read more
The Congress on Saturday hit out at the Centre over the issue of trade deficit with China and said that while other countries around the world had taken measures to restrict uncontrolled Chinese imports, “our government has been caught napping at the wheels”. Congress general secretary in-charge communications Jairam Ramesh said the data revealed by … Read more
New Delhi: Two-wheeler sales in India are expected to grow around 6-8 per cent this fiscal and could reach the peak level of 2018-19 either in the fourth quarter or the beginning of next financial year, a top official of Bajaj Auto said on Tuesday. The rising commodity prices, specially natural rubber, have forced the … Read more
Bajaj Auto on Monday said its total sales remained flat at 3,55,323 units in May. The Pune-based automaker sold 3,55,148 vehicles in May 2023, the company said in a regulatory filing. Total domestic sales (including commercial vehicles) declined 1 per cent to 2,25,087 units last month compared to 2,28,401 units sold in May 2023. Total … Read more
India’s pre-owned cars sales market is expected to reach 1.09 crore units with value more than doubling to USD 73 billion by FY28, according to the latest Indian Blue Book (IBB) report. In FY23, the pre-owned cars sales in India stood at about 51 lakh units. The domestic used car industry was valued at USD … Read more
US chip equipment companies are largely absent from the 1,100-exhibitor list at this week’s Semicon China, one of the country’s largest semiconductor industry events, as the China-US tech war continues to swirl. Although major US chip tool companies Lam Research and Applied Materials have sponsored Semicon China for the second consecutive year, neither of them … Read more
The domestic passenger vehicle (PV) market is estimated to grow by six to nine per cent in the current financial year over the preceding fiscal, according to ratings firm ICRA. In absolute terms, the PV industry will clock a sales figure of 4.2 million units in the current fiscal. The report said that dealer inventories … Read more
Thiruvananthapuram: In a new record in domestic tourist arrivals, Kerala attracted 2,18,71,641 domestic visitors in the calendar year 2023, registering a 15.92 per cent increase over the previous year, Minister for Tourism and Public Works P A Mohamed Riyas said here on Monday. In 2022, Kerala hosted 1,88,67,414 domestic tourists, with domestic arrivals logging an … Read more
