Automobile retail sales in India rose around 5 per cent year-on-year in June with all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth, Federation of Automotive Dealers Associations (FADA) said on Monday.
GE Infrastructure India is aggressively looking at electrification projects
'So my question was, 'What is it that you are proud of? What have you achieved? What is your contribution?' 'He had no answer.'
The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025.
Azizul Haque, a prominent figure in India's Naxalite movement, has died at the age of 83. His passing marks the end of an era in Bengal's radical Left history.
Manas Sood, a Class 12 student from the Delhi Public School, has distributed 2,650 boxes of Tax City Education and empowered over 12,000 students from 52 schools across India. His aim? To help young Indians understand taxes and become financially literate.
'We continue to view India as a standout within EM.'
State-owned banks have received guidance from the government to close Jan Dhan accounts whose beneficiaries are unwilling to keep them active, amid rising instances of such accounts being misused by fraudsters as mule accounts to defraud people, people aware of the development said.
Karnataka Chief Minister Siddaramaiah on Thursday alleged that the Congress party's setback in the recent Lok Sabha polls in the state was the result of 'illegal manipulation' of the electoral process by the Bharatiya Janata Party, accusing it of 'misusing' the Election Commission.
India's fast-moving consumer goods (FMCG) sector grew 5.7 per cent by value and 4.1 per cent by volume in the July-September quarter driven by rural demand, consumer intelligence firm NielsenIQ said in its quarterly update on Thursday. Price-led growth stood at 1.5 per cent. According to NielsenIQ data, rural volume growth outpaced urban markets for the third straight quarter despite consumption softening in both regions.
Hiring activity has gained momentum in anticipation of upcoming festivals like Raksha Bandhan, Dussehra, Diwali, seasonal sales and the wedding season.
After the merger of regional rural banks (RRBs) under the "One State, One RRB" policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them, the government is planning to list at least five RRBs by the end of financial year 2026-27 (FY27). After the latest amalgamation that came into effect on May 1, there are 28 RRBs in 26 states and two Union Territories (UTs), with more than 22,000 branches covering 700 districts.
Truck rentals saw a positive momentum across most key trunk routes due to an increased pre-kharif agricultural activity and a resilient manufacturing sector. The Kolkata-Guwahati-Kolkata corridor witnessed a month-on-month (M-o-M) rise of 2.4 per cent, while the Mumbai-Chennai-Mumbai route grew by 1.9 per cent and the Delhi-Hyderabad-Delhi route saw a 1.6 per cent increase in truck rentals, said June edition of the Shriram Mobility Bulletin.
'Investors who remain calm, consistent, and disciplined through short-term volatility are usually the ones who benefit most in the long run.'
Hero MotoCorp, India's largest two-wheeler maker, has seen a decline in its market share in rural areas since 2018, losing ground to major competitors such as TVS Motor Company, Bajaj Auto, and Honda Motorcycle & Scooter India (HMSI), according to data from JATO Dynamics reviewed by Business Standard. Hero's share of rural two-wheeler sales in India has dropped from 40.4 per cent in 2018 to 33.3 per cent in 2023. In contrast, Bajaj's share increased from 12.7 per cent in 2018 to 13.9 per cent, HMSI's from 21.8 per cent to 22.2 per cent, and TVS' from 15.5 per cent to 17.8 per cent. Suzuki Motorcycle India has also seen its share rise from 1.7 per cent to 2.5 per cent.
The next Census' findings will help identify the extent of India's ageing population and vulnerability levels.
Senior Congress leader Shashi Tharoor has criticised the Emergency declared by Prime Minister Indira Gandhi in 1975, saying the people of the country responded clearly to the excesses of that period by voting her party out of power by a large margin.
Adarsh Kumar, the son of a farmer and a Class 12 student from rural Bihar, is on a mission to build one of India's largest free skill development movements, powered only with a laptop, free Internet and his relentless determination.
Cabinet approves Khelo Bharat Niti, says it will bring India into top-5 of world sports
Fada estimates that global supply chain headwinds like scarce availability of rare earth elements for electric vehicle components and geopolitical tensions may affect urban consumer sentiment in June as well.
The two priority regions for the Chhattisgarh government to promote its homestay policy are Surguja and Bastar.
'I am not a mother and never had an abortion either, so I had to understand motherhood and child loss from anecdotal experiences of others.'
The volume growth of India's FMCG industry has slowed down in the March quarter to 5.1 per cent, driven by increased consumer purchases of small-value packs, according to the latest report from data analytics firm NielsenIQ. Volume growth is slowing across categories, and non-food segments are still outpacing food in the FMCG sector.
Most brokerages are betting that the new government will shift to a policy focussing on boosting rural incomes and consumption since that has clearly been a pain point.
According to a government survey released for 2011-12 on household consumer expenditure, "The poorest 10 per cent of India's rural population had an average monthly per capita expenditure of Rs 503.49 per month."
Chip maker Intel on Thursday announced it is developing a 'community PC' to meet the requirements of rural and farming communities in India and expects to launch it by the year end.
'The protection of secrecy and anonymity gets lost with this linking.'
India's macroeconomic health is in a "relative goldilocks situation", and although the risk of higher landed oil prices, due to insurance cost surges and closure of choke points due to the brief Israel-Iran war, has receded, it is "too soon to sound the 'all clear' for the rest of the year", the Finance Ministry said on Friday.
'It is good for us if the JMM contests. That will divide the Opposition and give us the upper hand.'
The driver of the SUV that fatally struck Fauja Singh, the world's oldest marathoner, has been arrested. Amritpal Singh Dhillon, 26, was apprehended and his vehicle seized. The incident occurred on the Jalandhar-Pathankot highway in Punjab's Jalandhar district.
The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth - consumption and investment - are likely to face a limited impact from such headwinds, according to an article on the 'State of the Economy' in the Reserve Bank of India's (RBI's) bulletin, released on Tuesday.
The share of rent in consumption expenditure has risen to 6.58%, according to the Household Consumption Expenditure Survey 2023-2024. This is the highest it has been in surveys going back to the turn of the millennium.
Dabur India has been the worst performer in the fast-moving consumer goods (FMCG) space this year (CY23), posting a 1 per cent decline even as its peer index, the Nifty FMCG, has delivered returns of over 29 per cent in this period.
From royalty to a tea vendor-turned-politician's wife and from a first lady to a Bengali actress, the 18 Muslim women who treaded the hallowed corridors of power in the Lok Sabha are an eclectic mix, with each of them having an interesting backstory, but one common thread -- their path to power was always strewn with struggle and hurdles.
A nationwide strike called by trade unions to protest against the central government's labor policies had a mixed impact across India. While normal life remained largely unaffected in most parts of the country, some sectors like banking, transport, and insurance experienced disruptions. Sporadic incidents of violence were reported in West Bengal.
Retail inflation declined to over six-year low of 2.1 per cent in June, nearing the RBI's comfort zone, on account of subdued prices of food items, including vegetables, driven by widespread monsoon.
Unveiling his launch day playlist, the Indian pilot revealed that he loves to listen to Shah Rukh Khan's Swades song Yuh Hi Chala Chal.
India's rural innovators have proved that ordinary people are indeed capable of extraordinary inventions.
Two Americans, Diana Jue and Jackie Stenson, are living their dreams in India's rural heartlands...
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