The two-wheeler segment is, however, still far from its H1FY19 peak of 9.7 million units
Fiscal pressure for the Indian economy is gradually rising, suggested analysts at Jefferies in a recent note, as oil prices (Brent) - which are close to the $100 a barrel mark - continue to climb ahead of a busy election calendar. They added that the sharp rally in the equity markets during the last few months has made valuations costly. As a result, Jefferies expects the Indian markets to remain choppy in the near term.
During a hearing on Friday, the bench noted that Mumbai was witnessing a decline in the bursting of firecrackers.
After 16 days of intense efforts by multiple agencies, all 41 workers trapped in Uttarakhand's Silkyara tunnel in Uttarkashi have safely been evacuated on Tuesday evening.
Modi's BJP has promised more revdis or freebies for these assembly elections than ever before, points out N Sathiya Moorthy.
In an interview via email days ahead of his visit to New Delhi to attend the G20 summit on September 9 and 10, Sunak said Wednesday the response from the Indian people to his appointment as the prime minister was "overwhelming and humbling."
While coming at No. 5, Rahul's role as a batsman is not easy - he either has very few overs to make an impact after a top-order mayhem or he has to consolidate after a top-order malfunction.
'We are very close to become a theocratic State where Hinduism is the official religion of the government.'
The week's best from the fashion circuit.
The 55 basis point (bps) spike in the US 10-year bond yield, triggered by a combination of FOMC's hawkish commentary and BOJ's relaxation of the yield control curve (YCC) has made analysts cautious on Asian equities and expect them to trade sideways in the short-to-medium term.
Delhi Chief Minister Arvind Kejriwal on Thursday did not appear before the Enforcement Directorate for questioning in a case linked to the now scrapped Delhi excise policy and wrote to the central agency demanding the "recall" of its summons to him, calling it "vague, motivated and unsustainable in law".
Ahead of Diwali festival, the Union Cabinet on Wednesday increased the dearness allowance (DA) and dearness relief by 4 per cent effective July 1, 2022, benefiting 41.85 lakh central government employees and 69.76 lakh pensioners. The additional instalment of DA and dearness relief (DR) is an increase of 4 per cent over the existing rate of 34 per cent of basic pay/pension. The combined impact on the exchequer on account of both DA and DR would be Rs 12,852.5 crore per annum, said Information and Broadcasting Minister Anurag Thakur while briefing reporters about the decisions of the Union Cabinet.
Neha Dhupia has moved into a new home along with husband Angad Bedi and their children, Mehr and Guriq.
Images from the ICC World Cup match between India and the Netherlands, at the M Chinnaswamy stadium in Bengaluru, on Sunday.
Images from the ICC Men's ODI World Cup match between India and Pakistan at the Narendra Modi Stadium on Saturday, October 14.
On Sunday, at 12.07 am in Sriharikota, off the coast of the Bay of Bengal, it was almost like an early Diwali, with the sky lit up by the launch of 36 OneWeb satellites. The Indian Space Research Organisation (Isro) did the launch on a 43.5-metre-tall Geosynchronous Satellite Launch Vehicle Mark III (GSLV Mk III) rocket. After the countdown, which started 24 hours in advance, once the mega screen marked the launch, a select group of invitees at the gallery cheered by applauding the feat.
'Indian single malts have a very specific character.' 'They are sweet when you take a frontal palette approach and change significantly with the addition of water.'
Honda Motorcycle and Scooter India (HMSI), India's second-largest two-wheeler maker, on Wednesday revealed its electric vehicle (EV) roadmap, which includes setting up a dedicated EV factory, launching the first two EVs in 2023-24, and establishing 6,000 battery exchange points in the country. HMSI plans to establish a specialised unit for the manufacturing of electric vehicles (EVs), named 'Factory E', at its Narsapura plant located in Karnataka. Factory E will be created by converting an existing production line that currently manufactures internal combustion engine (ICE) vehicles, said Atsushi Ogata, HMSI managing director and chief executive officer.
Demand for fast-moving consumer goods (FMCGs) went up last month across India, as kirana stores stocked up their shelves in anticipation of a sizzling summer, according to data by retail intelligence firm Bizom. There was a spike in beverages sales across the country despite inflation inching up in February after moderating downward previously, Bizom noted.
Smartphone shipment in India declined by 10 per cent to hit a three-year low of 43 million shipment in the July-September 2022 period, market research firm International Data Corporation said on Monday. The 5G smartphone share reached 36 per cent of total smartphones during the reported quarter with 16 million units at a slightly higher average selling price of $393, about Rs 32,000, apiece compared to $377, about Rs 30,600, in the previous quarter. "India smartphone market declined 10 per cent year-over-year (YoY) shipping 43 million units in July-September 2022.
The Delhi police had earlier said it arrested two 'suspicious' men and recovered two hand grenades from their house in the Bhalswa Dairy area of Jahangirpuri.
'I would put my hand in the ground and have a little listen to what the mountain was doing.' 'Actually, it was still collapsing.' 'And there was a very real possibility that at some stage, without warning, the collapse could continue -- and continue across us, the people who were doing the rescue and also across to the men on the other side, who were being rescued.'
Telecom gearmaker Nokia will boost its manufacturing capacity in India by 1.5x over the next few years to support the 5G services roll-out, said Tarun Chhabra, the company's country head of mobile networks business. Nokia is supplying network equipment to Bharti Airtel and Reliance Jio for their 5G networks from its plant in Chennai. Vodafone Idea is yet to finalise its contract as it awaits fresh funding.
He staked everything to ensure the BJP returned to power; and now that it has, he stands to lose a lot, points out Aditi Phadnis.
'Asha atya remains down-to-earth and frank.' 'If she likes something, she will tell you to your face.' 'Ditto, if she doesn't.' 'She is full of life and energy, I have never seen her brood.'
Modi thanked his Australian counterpart for supporting him in unveiling the foundation stone of 'Little India', a suburb of Sydney.
The IOA elections were due in December last year but could not be held due to amendments in the poll process.
'This is still a relatively immature defense and high-tech relationship.'
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
Reliance Jio may not ask for a premium for its 5G services in the initial stages of the launch, according to sources in the company. The company will roll out 5G commercial services in four cities -Delhi, Mumbai, Chennai, and Kolkata - around Diwali this month and slowly ramp up the processes for other cities, too. A senior executive, when asked whether Jio will charge higher tariffs for 5G against 4G, said: "In the initial stages, customers have to adopt 5G, then they will have to find value in the service, and then one can look at monetisation."
'I had the Indian American community fully supportive from day one when I ran and they said, Yes.' 'I ran again, I lost and they said, Yes.' 'I came back to them again, and they said, Yes, every time.'
'The second half of 2022 definitely looks stronger for Bollywood.'
For Mahindra & Mahindra (M&M), which has just started executing a comeback strategy for wresting back ground it lost to rivals, this could not have come at a worse time. The maker of the Bolero Neo and the Thar models on Thursday said it would have to halt production at its automotive plant for a week due to the worsening supply situation of semiconductors.
While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.
'While OTTs are a reality, big film producers will prefer a theatrical release before a digital one.'
While Hindware is expecting sale of its air purifiers to double this year, brands like Xiaomi, Blue Star and Daikin, too, are expecting significant rise in sales.
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