Ajay Modi &Amp;Amp; Indivjal Dhasmana

Stories by Ajay Modi &Amp;Amp; Indivjal Dhasmana

Hero, Bajaj expected to post decline in Q3

Hero, Bajaj expected to post decline in Q3

Rediff.com   9 Jan 2017

Two-wheeler firms' profits to slow down following a double-digit decline in sales.

Did India grow or shrink in November? PMI, core sector data differ

Did India grow or shrink in November? PMI, core sector data differ

Rediff.com   3 Jan 2017

The mismatch between PMI and core sector could also be due to the fact that while core sector is calculated year-on-year, PMI is calculated month-on-month.

Demonetisation woes: Car market in India stops short of 3 mn units in 2016

Demonetisation woes: Car market in India stops short of 3 mn units in 2016

Rediff.com   2 Jan 2017

December is a month of high retail sales for cars, as companies and dealers push stocks to clear inventories

EPF or NPS: Which is better?

EPF or NPS: Which is better?

Rediff.com   28 Dec 2016

If a risk taker and young, NPS would suit her/him. Otherwise, s/he should go for EPF.

A first in 9 years! Mahindra & Mahindra scripts a 'new' success story

A first in 9 years! Mahindra & Mahindra scripts a 'new' success story

Rediff.com   27 Dec 2016

Tivoli has turned out to be the best-selling vehicle from SsangYong in its 62-year history, Ajay Modi reports from New Delhi.

Scooter sales skid on note ban pain

Scooter sales skid on note ban pain

Rediff.com   21 Dec 2016

Sales, which were growing impressively in the first seven months of the year, decline in November. Ajay Modi reports.

Luxury cars begin Northeastern road trip

Luxury cars begin Northeastern road trip

Rediff.com   19 Dec 2016

Audi and Mercedes-Benz have already opened dealerships in Guwahati -- a gateway to all the north-eastern states -- and BMW intends to join them soon. Ajay Modi reports.

'Note ban's real impact will come in Q4'

'Note ban's real impact will come in Q4'

Rediff.com   14 Dec 2016

Pronab Sen, the government's former chief statistician, says contrary to perception, GDP growth won't be drastically hit in the present quarter.

Now trending: A cashless future

Now trending: A cashless future

Rediff.com   13 Dec 2016

A large number of people using cards at PoS Cards being used more frequently Small-ticket transactions Mastercard South Asia head Porush Singh calls these the three key trends for a cashless future. And post-demonetization India, he believes, is steadily moving towards it.

GST delay may not impact markets

GST delay may not impact markets

Rediff.com   13 Dec 2016

Although the markets could see a knee-jerk reaction, they rule out a sharp fall.

Demonetisation blues? How to travel at ease

Demonetisation blues? How to travel at ease

Rediff.com   12 Dec 2016

'We feel EMI holidays should pick up now.' How travel companies are trying to win customers after demonetisation.

'Expect all Rs 500 and Rs 1,000 notes to come back into the system'

'Expect all Rs 500 and Rs 1,000 notes to come back into the system'

Rediff.com   8 Dec 2016

The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.

Why this is the right time to buy your dream car

Why this is the right time to buy your dream car

Rediff.com   6 Dec 2016

From discounts to hundred per cent financing to talks of a price hike, companies are doing everything to ensure retail sales pick up this month.

Moradabad's brass city struggles in wake of notes ban

Moradabad's brass city struggles in wake of notes ban

Rediff.com   5 Dec 2016

In the fourth of a six-part series, Ajay Modi visits Moradabad, to see how the brass city is coping with the after-effects of demonetisation.

GST delay to cast shadow on Budget

GST delay to cast shadow on Budget

Rediff.com   5 Dec 2016

Consensus seems a problem before the current session of Parliament ends.

Auto majors sail through Nov, brace for note ban impact in Dec

Auto majors sail through Nov, brace for note ban impact in Dec

Rediff.com   2 Dec 2016

While retail sales at dealerships have suffered the full impact of demonetisation, the growth in wholesale volumes comes as dealers had relatively lower inventory after Diwali in October.

RTOs badly hit by demonetisation

RTOs badly hit by demonetisation

Rediff.com   30 Nov 2016

Note ban hits sales and registration of new cars; states work online payments model to deal with cash crunch. Ajay Modi and T E Narasimhan report.

Roll back ban on Rs 500 note, says ex-chief economic advisor Basu

Roll back ban on Rs 500 note, says ex-chief economic advisor Basu

Rediff.com   29 Nov 2016

'Demonetisation may have been well-intentioned, but it was a major mistake. The government should reverse it. It could at least declare that Rs 500 notes, which many poorer people frequently use, are legal again,' Basu, who till recently was World Bank vice-president, wrote in an opinion piece in The New York Times.

Rs 1.28 lakh cr! That's the cost of demonetisation according to CMIE

Rs 1.28 lakh cr! That's the cost of demonetisation according to CMIE

Rediff.com   25 Nov 2016

The study says the entire supply chain of goods and services will suffer a massive liquidity shock.

Hero's Splendor dethrones Honda's Activa in October

Hero's Splendor dethrones Honda's Activa in October

Rediff.com   24 Nov 2016

Hero MotoCorp sold 254,813 Splendors, about 4,000 more than the 250,681 Activas sold by its rival Honda Motorcycles and Scooters India.