Commercial vehicle sales volumes may degrow by 3-6% in FY25: CARE Ratings

Commercial vehicle sales volumes may degrow by 3-6% in FY25: CARE Ratings

Following muted growth in FY24, Commercial Vehicle (CV) sales volumes are expected to register a degrowth by 3-6% in FY25 due to a slowdown in demand in both the Medium and Heavy Commercial Vehicle (MHCV)and Light Commercial Vehicle (LCV) segments, as well as high inventory levels with dealers, CARE Ratings has said.Demand is, however, likely … Read more

My aim is to make Mumbai global fintech capital, says PM Modi as he launches Rs 29,000 crore infrastructure projects

My aim is to make Mumbai global fintech capital, says PM Modi as he launches Rs 29,000 crore infrastructure projects

Prime Minister Narendra Modi has initiated a monumental Rs 29,000 crore investment drive in Mumbai, encompassing crucial projects in the road, railways, and ports sectors. This initiative is part of a broader vision to elevate Maharashtra as a global financial powerhouse, with Mumbai poised to become a leading fintech capital. Prime Minister Narendra Modi said … Read more