The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as compared with August 2023, Kotak Institutional Equities says it is because of weak retail demand trends and higher inventory levels at the dealerships.
India's Manufacturing Purchasing Managers' Index (PMI) saw a slight decline in August, falling to 57.5 from 58.1 in July, according to a report HSBC India Manufacturing PMI.
After the GST collection for the August showed a month-on-month decline in growth terms, the economic experts pointed out that the decline on month-on-month growth basis is not an appropriate way of looking at the numbers in view of the buoyancy in both direct and indirect taxes.
With the increased infrastructure spending by the Union and state governments post 2021-22, the medium-term outlook is positive for FDI inflows, opined India Ratings and Research's in a report on Sunday.
Maruti Suzuki has reported a 3.9 per cent decline in its total vehicle sales for August 2024, as per the filing by the company with the stock exchange on Sunday.
The net foreign investment in August in the Indian equity market declined to Rs 7,320 crore, marking the lowest monthly investment in the past three months.
After the release of the first quarter GDP numbers, RBI Governor Shaktikanta Das on Saturday stated that India's growth story is intact. The governor was speaking at the National CA Conference in Bhubaneswar, Odisha.
Liquidity in the Indian banking system has seen a significant decline this month says a research report by the Union Bank of India. It says the banking liquidity has fallen to Rs 0.95 lakh crore as on 28th August from a peak of Rs 2.86 lakh crore.
Stock markets globally are facing pressure after Nvidia management disappointed some investors during the announcement of quarterly results. The company, however, showed good quarterly results.
The number of kindergarten schools in China is witnessing a steep decline, wherein several schools are on the verge of closure and numerous have already gone out of business.
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI over the fiscal year 2023-24. Cumulative net fresh money creation during this period amounted to only Rs 0.6 trillion, a contrast to approximately Rs 20 trillion created in the three fiscal year