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.
The growth of the 2W market is primarily driven by strong rural demand coupled with sustained urban sales. The favourable monsoon season has improved rural sentiments, leading to an uptick in sales. Additionally, wholesale volumes are expected to outpace retail sales as dealers build up inve
The Purchasing Managers' Index (PMI) for Manufacturing, stood at 58.1 in July 2024. This figure is not only significantly above the long-term average but also among the highest recorded in recent years. The sector's expansion has been primarily driven by strong demand and a surge in producti
Bhubaneswar (Odisha) [India], August 12: With trade, industry and services booming in India's City of Progress -- luxury real estate has also followed northwards in Bhubaneswar. Rising rates and high pre-launch booking volumes culminating in tower and phase-level sellouts are becoming the
Global mergers and acquisitions (M&A) have seen a notable increase in total transaction value during the first half of 2024, despite a decrease in deal volumes, according to S&P Global Market Intelligence's second quarter (Q2) 2024 Global M&A and Equity Offerings Report.
ndia's seafood industry has experienced notable growth over the past five years, marked by increasing production and export volumes as well as rising export values.
Excluding Honda, the growth remains robust at around 14 per cent. Additionally, passenger vehicle (PV) volumes are likely to have increased, supported by improved retail activity and inventory accumulation.
Hardeep Singh Puri, posted on X, "Inspired by the vision of our Hon'ble PM @narendramodiJi, our Oil & Gas sector is striving hard to discover new finds and monetise existing discoveries. In a significant development, Dirok Field, located in ON-94/1 block at Margarita in Tinsukia distr
The revenue of sugar mills is likely to expand by 10 per cent in financial year (FY) 2025, supported by an expected increase in sales volumes along with firm domestic sugar prices and higher distillery volumes after the operationalisation of new capacities, said ICRA.
"Less than 2 per cent of global freight moves by air. Following the Red Sea crisis, even a half-percent shift will significantly boost air cargo volumes. India has a vast opportunity but needs to address the challenges, especially speeding up trans-shipment, which currently takes 2-2.5 days,