Business

The passenger vehicle segment continued its strong performance, achieving its highest-ever February sales. A total of 3,77,689 units were sold, reflecting a 1.9 per cent increase compared to 3,70,786 units in February 2024.

He stated, "Within literally 12 hours both Airtel and Jio have announced partnerships with Starlink, seemingly overcoming all their objections to its entry into India - which they have been voicing for quite some time. It is abundantly clear that these partnerships have been orchestrated by none other than the PM himself to buy goodwill with President Trump through Starlink's owner Elon Musk. But many questions remain...."

The procurement has already started in the states of Andhra Pradesh, Gujarat, Karnataka, Maharashtra and Telangana and a total quantity of 1.31 LMT of Tur (Arhar) has been procured in these states till 11.03.2025. A total of 89,219 farmers of these States are benefitted from this scheme.

"I have a handy dandy chart here that shows not just Canada but the rate of tariffs across the board. If you look at Canada, since you brought it up, American cheese and butter have a nearly 300 per cent tariff. You look at India, 150 per cent tariff on American alcohol. Do you think that's helping Kentucky bourbon be exported into India? I don't think so. 100 per cent tariff on agricultural products from India," Leavitt said.

"With benign inflation this month and going forward, we expect a cumulative rate cut over the cycle could be at least 75 basis points, with successive rate cuts in next policy April and June 2025. With an intervening gap in Aug'25, the rate cuts cycle could restart from Oct'25, says the report.

Among Nifty companies, 18 stocks advanced, while 31 declined, and one remained unchanged. ONGC, BEL, Tata Steel, IndusInd Bank, and Power Grid emerged as the top gainers, while Sriram Finance, M&M, Bajaj Auto, Eicher Motors, and Adani Ports were the top losers in early trading.