The public has benefited from this decline in crude oil, which has translated into lower prices of petrol and diesel.
Whether the experiment will continue will be determined after assessing the impact of these 15 days - from January 1 to 15
Dealers say there's been a 20-25 per cent drop in demand.
Exports in October and November fell 28 per cent and 17 per cent, respectively.
A weaker rupee against the US dollar and the Japanese yen along with margin sustenance pressures have forced companies to raise prices.
Companies are using additional service workforce and offering part waivers on charges to affected car owners.
Leading tyre maker Apollo also saw a production loss of 450 tonnes till December 2.
In 2014, foreign tourist arrivals grew by 10.2 per cent over 2013.
HMSI is likely to announce a tie-up with Snapdeal for online two-wheeler sales next month.
Yatra sees 15-20% cancellations in confirmed bookings to France.
B M Munjal positioned motorcycles as more fuel efficient than scooters, which struck a chord with the cost-conscious Indian buyers.
Offline stores dominate the retail market and will continue to do so.
Car sales are likely to grow further in November.
The move will make it the first global automobile major to design a vehicle here
Pharma, insurance and consumer goods companies try to tap the business opportunity
S-Cross has seen a 22 per cent drop in dispatches in September.
The company's sales had declined over 14 per cent last year.
GM has invested $1 billion in the country since 1996.
Rita Mozumdar argues small vehicles have not passed the frontal impact test as required under the law
Mercedes Benz, BMW and Audi have sharply increased their sourcing from India.