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"This 'trishul' is like Lord Shiva's third eye which will reduce to ashes those who work against the common man," he added.
Aided by robust festive season offtake, automobile retail sales in India witnessed a 48 per cent annual jump in October, automotive dealers' body Federation of Automobile Dealers Associations said on Monday. The total retail sales last month stood at 20,94,378 units, up 48 per cent from 14,18,726 registrations in October 2021. The registrations last month were even better by 8 per cent as against October 2019, a pre-COVID month. The festive season this year turned out to be the best for the industry in the last four years.
Retail sales of overall vehicles in India grew by 15.28 per cent to 2,11,20,441 units in 2022 led by record sales of passenger vehicles and tractors, Federation of Automobile Dealers Associations (FADA) said on Thursday. In 2021, total retail sales of vehicles in India were at 1,83,21,760 units, FADA said in a statement. Two-wheelers retail sales stood at 1,53,88,062 units last year, a growth of 13.37 per cent from 2021 when sales stood at 1,35,73,682 units.
India's biggest non-bank finance company, Bajaj Finance (BAF), is set to raise capital after a gap of four years. On October 5, the board of directors will meet to approve the fund raise by way of preferential issue and/or qualified institutional placement (QIP) subject to regulatory and shareholder approvals. The move, analysts said, comes ahead of expectations, and could be in the wake of simmering competition in the consumer lending space, especially with the launch of Jio Financial Services (Jio Fin). "While we still do not have finer details on the game-plan of Jio Financial, it has plans to initially foray into consumer and merchant lending.
Passenger vehicle retail sales in India declined by 1 per cent last month as buyers preponed purchases to March in order to avoid enhanced prices on account of stricter emission norms kicking in from April 1, automobile dealers' body FADA said on Thursday. The passenger vehicle retail sales declined to 282,674 units last month as compared with 286,539 units in April 2022. "The passenger vehicle segment, which achieved record sales in FY23, slowed down in April... This was primarily due to last year's high base and the OBD 2A norms, which led to vehicle price increases and advanced purchases in March," Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement.
Questioning the team's authority headed by a former Patna high court judge, Banerjee pointed out that Ram Navami processions organised by the Bharatiya Janata Party had carried arms and driven tractors and deliberately taken routes where 'Namaz' was being offered.
Auto mobile retail sales in India witnessed a 10 per cent annual growth in July driven by robust sales across passenger vehicles, two-wheelers and commercial vehicles, industry body FADA said on Monday. Total retail sales across segments rose to 17,70,181 units last month, as compared to 16,09,217 units in July 2022. Passenger vehicle sales saw an increase of 4 per cent to 284,064 units last month, as compared to 273,055 units in the year-ago period, the Federation of Automobile Dealers Associations (FADA) said in a statement.
'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'
'Just because of my background and poor academic qualifications, most people disbelieve what I have done.'
'Its people are either victims of corruption or witnesses to it.'
Precautionary landing means there could have been some minor issues, due to which the aircraft was landed as a precaution, officials said.
Automobile retail sales in India rose 11 per cent in September as better supplies from manufacturers enabled dealers to ramp up customer deliveries amid the ongoing festive period, Federation Of Automobile Dealers Associations said on Tuesday. Last month, total retail sales stood at 14,64,001 units as compared to 13,19,647 units in September 2021. FADA noted that October is expected to witness even better overall sales due to the festive season further gathering steam.
Ranajit Giri, Biprada Bag, Asha Behera and Ashok Bera, all residents of Bahanaga Bazaar station area in Balasore district where the crash took place, were among the first to rescue the injured.
The train crash on Friday, involving the Bengaluru-Howrah Superfast Express, the Shalimar-Chennai Central Coromandel Express and a goods train, is one of the deadliest such accidents since independence.
Information technology industry veteran T V Mohandas Pai has said the havoc caused in Bengaluru due to heavy rains was a result of multiple factors, including bad governance, high corruption and lack of urban reforms.
MMFS is looking at a compounded annual growth rate (CAGR) of 18 per cent in assets under management (AUM) during FY23 to FY26 on the back of the strong recovery. The company has initiated risk-mitigating initiatives, including diversification into non-vehicle loans, building digital capacity and re-classification of customer profiles into affluent and mass-affluent in semi-urban segments to better target marketing.
Not carrying weapons, following fixed routes and entering Delhi with tractors sans trolleys, were among the several conditions set by farmer leaders and police that were violated by participants of the tractor parade in New Delhi on Tuesday.
Tharoor and six journalists were booked by the Noida Police for sedition, among other charges, over the violence during the farmers' tractor rally in Delhi, officials had said.
Suddenly, a mob gathered near the locality, pelting stones and shouting slogans asking residents to leave. Manipur had been tense throughout the day with demonstrations and protests in Churachandpur and Imphal, some of which had turned violent.
Bikers pushing their two-wheelers that were stuck and pedestrians struggling to navigate through knee-deep water was a common sight in some places.
Samyukt Kisan Morcha (SKM), an umbrella body of farmer unions, has organised protests in different states on Friday to mark the first anniversary of the farmers' movement against three central farm laws.
Families of farmers along with fellow villagers at many places in Punjab, which had once remained the epicentre of the farmers' agitation, will prepare 'ladoos', 'jalebis', 'barfi' and other sweets to welcome them, farmer leaders said.
One of the teams rescued two lion cubs that had fallen into an open well in Jasadhar Range of Gir East division during the cyclone's landfall on Thursday evening, the official said.
Auto industry volumes have grown by 2.5 per cent overall, led by domestic sales of three-wheelers, two-wheelers and passenger vehicles (PVs) in the first quarter of this financial year. Analysts predict an 18 per cent growth in revenues for automotive original equipment manufacturers (OEMs) and profit growth of 69 per cent year-on-year (YoY). However, on a sequential basis, a decline in revenues as well as earnings before interest, taxes, depreciation, and amortisation (Ebitda) margins is expected.
Banks may become more cautious in extending loans, as more and more farmers may take loans, relying on the assurance that a debt relief commission will back them in the event of default.
The family of a 25-year-old man, who died after his tractor overturned at Central Delhi's ITO during the protesting farmers' tractor parade on the Republic Day, moved the Delhi Court on Wednesday seeking a court-monitored SIT probe into the incident.
Dominic Xavier offers his take on the protesting farmers' tractor parade on Republic Day and hopes the Modi Sarkar will finally see the light.
Prominent in the DRDO's display are several artillery guns, armoured vehicles and tanks that underline a measure of success in developing these key weapons platforms for the army. Here are three systems that are headed for success.
The meeting came after a large number of farmers with their tractors broke police barricades and entered central Delhi areas, including Red Fort and ITO.
It was business as usual for agitating farmers at Singhu border on Wednesday as some were busy with langars while others listened to speeches of their leaders even as talks of the tractor rally that witnessed vandalism and violence a day before filled the air.
Security personnel have also been deployed at the Red Fort.
Some groups of farmers started going back to their respective sit-in sites on Tuesday evening after hours of chaos during their tractor parade against the farm laws, but thousands of other protesters were still in several areas, including ITO, Nangloi and Mukarba Chowk, of the national capital.
Ahead of their proposed tractor parade on Republic Day, protesting farmer Unions Monday announced they will march towards Parliament from different locations on February 1 when the annual Union Budget is scheduled to be presented.
Supply chain constraints will keep plaguing automobile companies even though demand significantly improved resulting in a 13 per cent year-on-year (YoY) increase in sales in financial year 2021-22 (FY22). Executives at auto firms fear that the Russia-Ukraine war will further dent the sector's prospects of recovery as supply chains face more disruptions. "The visibility in the supply side is so hazy that it is difficult to give even one quarter projection. But all the parameters of demand like pending bookings and enquiries are increasing.
Delhi witnessed violence during the January 26 tractor rally organised by protesting farmer unions to highlight their demand for repeal of the Centre's three farm laws.
'A battery of six guns had a devastating effect because it can destroy men and material.'
A day after farmers' tractor rally turned violent in Delhi, Union Home Minister Amit Shah on Wednesday took stock of the security situation and measures taken to ensure peace in the city, officials said.
The Assam government on Tuesday began clearing nearly 1,900 hectares of forest and government land in Sonitpur district, affecting 12,000-odd people who were allegedly staying there illegally for decades, a senior official said.
The police also asked the farmers to head back to their pre-decided routes for the tractor rally parade.
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