Auto sales could rise 30% next year: Sandip Sabharwal
The issue with the govt is that it seem to be unsure of what to do, says Sandip Sabharwal.
Ashok Leyland, Tata Motors, TVS likely to gain most from GST Cut
Given the fiscal constraints, tax cut for an extended period appears unlikel...
Icra revises outlook on auto components sector to negative from stable
"Despite accommodative commodity prices, weakness in OEM demand will i...
Correction in auto stocks not enough to turn optimistic: CLSA
The brokerage maintains negative ratings on 70% of Indian auto stocks under coverage.
External sector outlook cautiously optimistic: Shaktikanta Das, RBI
Das pointed out that the volatile international crude prices also continue to pose potential risks.
Tata Motors expects positive outcome from GST Council meeting Friday
The automobile industry has long been demanding lowering of GST on automobiles to 18 percent from the present 28 percent to boost demand.
Stock market update: Auto stocks mixed; Mahindra & Mahindra slides 1%
The Nifty Auto index was trading 0.13 per cent down at 7,003.1.
FMCG sector expected to slowdown. Will your mutual funds be impacted?
FMCG has always been considered as an evergreen sector in the Indian market and the slowdown in the sector is worrisome.
Indian tax panel unlikely to favour tax rate cut for auto sector: Sources
A government study, attached to the agenda of a Sept. 20 GST panel meeting, has said the total annual revenue loss could be as much as 500 billion rupees.
Commuters face hardships as private buses autos, cabs go off road against steep fines in new MV Act
Many schools in the national capital remained closed due to the strike while some asked parents to make their own arrangements to pick up and drop their wards.
Huge export potential in chemicals, allied sector: Goyal
Addressing members of Chemical and Allied Export Promotion Council of India (CAPEXIL) here, he said, the government has announced several measures including mechanism to provide easy and affordable credit to exporters.
FinMin to hold review meeting with public sector banks on Thursday
Additionally, the ministry will discuss how banks can help customers in tracking online loan applications for retail, MSME (micro, small and medium enterprise), housing, and vehicle loans, among others.
Sitharaman isn't done yet. Govt to announce one more economic booster dose this week
RBI Governor Shaktikanta Das had said the government has taken a number of measures to boost the economy in three phases and indicated that more steps are likely.
Pedal-to-Metal: More steps, time needed for auto sector revival
while sitharaman's sops may weaken the slowdown, sales are likely to suffer for several coming quarters.
Blame game on as wheels come off India's auto sector
Potential fallout from an extended slowdown is sending shockwaves through the economy.
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