Rise in prices of essential inputs increases cost of producing cars, making them less affordable.
Global trends, macroeconomic data, and the outcome of the US Fed policy meeting are the major factors that will drive the movement in the domestic equity markets this week, analysts said. "In the upcoming data-centric week, the focus will be on crucial releases, including inflation data from India and the US. "Indian inflation is expected to rise, while US inflation will remain steady.
Asia's richest man, Mukesh Ambani, signed off an address to employees last week by assuring them that 2024 would be better than 2023 for both Reliance Industries and India. Ambani isn't an exception. Promoters and their representatives from several other conglomerates have expressed similar optimism.
Triveni Continental Kings beat Ganges Grandmasters, led by five-time world champion Viswanathan Anand, to set up a final against upGrad Mumba Masters.
'Probability has increased for India to have improved fundamentals'.
The same rating agency, however said India's GDP growth rate would go below 7 per cent in the current fiscal from 8.5 per cent a year ago.
'The Nifty index looks to be 20 per cent overvalued as per our model after moving up more than 10 per cent in the last two months.'
This would be the first time that the Indian artillery would have these types of 105 mm mounted howitzers and would add to the strength of the formations deployed in forward positions, they said.
From its lows in December, the stock of Tata Motors is up about 15 per cent. The gains came on the back of better than expected December volumes in its UK-based subsidiary Jaguar Land Rover (JLR). This coupled with gradual recovery in the global passenger vehicle demand, improving profitability due to product mix and lower commodity costs are expected to be key positives for the company.
The BJP today said in the Lok Sabha that party MP Varun Gandhi's life was under threat from an underworld outfit and demanded upgrading of his security.
Differing with the downgrade accorded by Moody's, leading ratings agency Standard & Poor's has upgraded the Indian banking sector saying its domestic regulations are in line with international standards.
India's Parul Chaudhary and Priti secured silver and bronze medals respectively in the women's 3000m steeplechase, unheralded Ancy Sojan made a grand entry on the big stage.
Drama unfolded in the last event of the day at the 'Big Lotus' stadium when the women's 100m hurdles was stopped after the gun was fired.
'Mumbai main branch (SBI headquarter) has all the data ready-made. It doesn't take even an hour to out the data from the system.'
The transition to UPI-based ATMs will be gradual, and consumers will not immediately switch to using standalone UPI ATMs overnight.
If you are planning to buy an electric car in the near future, it would be highly advisable to wait for these upcoming electric SUVs.
The investment bank adds that company's September-quarter earnings came in line with consensus estimates.
Cricket and the Olympics made for strange bedfellows when the sport featured in its roster for the first and only time in the 1900 edition of the games in Paris.
Six of the 69 MiG-29 fighter planes of the Indian Air Force have been upgraded in Russia and the remaining jets will be upgraded in India, a Russian official has said.
Moody's said it reflects India's weaker performance on fiscal.
'I always say you really cannot own a recipe.' 'In India, where, we have been cooking for thousands of years, how can you put a finger and say, 'This is mine'?'
Based on discussions with stakeholders, the ministry is proposing to allocate Rs 26,400 crore for FAME-III subsidy alone with electric two wheelers getting around Rs 8,158 crore, electric buses Rs 9,600 crore and electric three-wheelers Rs 4,100 crore, according to sources in the know. Along with some other components like setting up an innovation fund and money for testing , the total allocation could cross Rs 33,000 crore, estimates suggest.
Tata Sons chairman N Chandrasekaran on Thursday said the best of artificial intelligence and machine learning will be deployed at Air India and emphasised that the airline is not just another business for the group but a passion and a national mission. As Tata Group steers the transformation of loss-making Air India since taking control in January last year, Chandrasekaran said that he most of the time receives "caring criticism" about the airline that also further strengthens the commitment. Speaking at an event in the national capital where Air India's new brand identity and aircraft livery were unveiled, he said the focus is on upgrading all human resources aspects in the airline.
Engineers India said on Friday that it has won a Rs 1100 crore (Rs 11 billion) contract for upgradation of Hindustan Petroleum Corporation's Mumbai refinery.\n\n\n\n
The Oil and Natural Gas Corporation is planning to invest about Rs 12,000 crore (Rs 120 billion) in the coming years to upgrade and redevelop 15 oil and gas fields in the country, which had now become "old", a top executive said on Tuesday.
A total of nine procurement proposals were approved by the Defence Acquisition Council headed by Defence Minister Rajnath Singh, officials said.
Bajaj Auto's market capitalisation (market cap) hit Rs 2 trillion mark for the first time. The stock of the two and three-wheeler major rallied 6 per cent to hit a new high of Rs 7,420 on the BSE in Tuesday's (January 9) intraday trade after its board approved Rs 4,000 crore share buyback at Rs 10,000 per share. The stock ended the day at Rs 7,093.75, up 1.55 per cent and its market cap a shade above Rs 2 trillion.
'Shami always knew that he would be required at some point in time and for that he was always prepared.'
Works on seven airports has since been completed and is continuing in three other airports. An amount of Rs 50 crore (Rs 500 million) has been earmarked for ongoing upgradation works of airports in the region in the annual plan during 2007-08. In addition to the upgradation of existing airports, upgradation of non-operational airports is also proposed to be undertaken during 11th Plan, the report said.
As Microsoft ends support for its Windows XP next month, the software giant said a number of ATMs are yet to upgraded and such cash vending machine may face security risk.
Caster Semenya is not excited about the prospect of having her 2012 Olympic and 2011 world championships silver medals upgraded to gold in the wake of Mariya Savinova-Farnosova doping ban, the coach of the South African 800 metres athlete said on Sunday.
'Earnings will be the catalyst for markets to march higher from here on out.'
'Our stable outlook currently points to the fact that the ratings are likely to remain stable for the next couple of years.'
Former IAF chief Bhadauria said this aircraft is "state-of-the-art" and "hugely capable".
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