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PV sales dip 19% in September, inventory hits record Rs 79K-crore mark | Auto

According to FADA, the near-term outlook for automobile retail is cautiously optimistic. Photo: Bloomberg 3 min read Last Updated : Oct 07 2024 | 10:34 AM IST Seasonal factors such as Shraddh and Pitrapaksha, coupled with heavy rainfall and a sluggish economy, dragged passenger vehicle retail sales down by 19 per cent in September. […]

China economic agency plans briefing as investors eye stimulus

China’s top economic planner will hold a press briefing on Tuesday to discuss a package of policies aimed at boosting economic growth, as investors look for more stimulus measures from President Xi Jinping’s government. The briefing, which is scheduled to start at 10 am, will include five senior officials from the National Development and Reform […]

Congress highlights economic concerns as monsoon retreats

Congress General Secretary Jairam Ramesh issued a warning about the state of the Indian economy as the monsoon recedes. He outlined three issues threatening economic stability in a statement released today. First, Ramesh pointed to a significant decline in private sector investment. After a brief resurgence in 2022-23, new project announcements dropped by 21% between […]