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. […]
India September services growth hits 10-month low, PMI shows
Growth in India’s dominant services sector remained robust but slackened to a 10-month low in September as demand slowed, a business survey showed on Friday. The HSBC final India Services purchasing managers’ index, compiled by S&P Global, fell to 57.7 in September from a five-month high of 60.9 in August and was below a preliminary […]
US adds 254,000 jobs in September, unemployment rate falls to 4.1%
US job growth accelerated in September, with 254,000 nonfarm payrolls added, well above economists’ expectations of 140,000. This follows an upward revision of August’s figures to 159,000, according to the Labor Department’s latest data. The unemployment rate dropped to 4.1% from 4.2%, marking another positive development in the labour market. Average hourly earnings increased by […]
Royal Enfield total sales increase 11% to 86,978 units in September | Company News
Exports increased from 4,319 units in September last year to 7,652 units last month. 1 min read Last Updated : Oct 02 2024 | 5:41 PM IST Motorcycle maker Royal Enfield on Wednesday said its total wholesales increased 11 per cent year-on-year to 86,978 units in September. The company had dispatched 78,580 units […]
Hero MotoCorp sales increases by 19% to 637,050 units in September | Company News
The two-wheeler major expects healthy growth during the 32-day period starting from October 3, it noted. | Photo: Shutterstock 1 min read Last Updated : Oct 01 2024 | 8:17 PM IST Hero MotoCorp on Tuesday said its wholesales increased 19 per cent year-on-year to 6,37,050 units in September. The two-wheeler major had […]
TVS Motor Company Registers Highest Ever Monthly Sales of 4.82 Lakh Units with a Growth of 20% in September 2024
TVS Motor Company recorded monthly sales of 482,495 units in September 2024 with a growth of 20% as against 402,553 units in the month of September 2023. Two-Wheeler Total two-wheelers registered a growth of 22% with sales increasing from 386,955 units in September 2023 to 471,792 units in September 2024. […]
EV sales surge 19% in H1FY25, September sees modest 1.2% monthly growth | News
3 min read Last Updated : Oct 01 2024 | 6:49 PM IST Electric vehicle (EV) sales saw a robust 19 per cent growth in H1FY25, rising to 8,36,621 units from 7,02,013 units in H1FY24. However, on a monthly basis, the increase was modest, with a 1.22 per cent rise from August’s 1,46,745 units. […]
September GST collections reach ₹1.73 lakh crore, up 6.5% YoY
India’s Goods and Services Tax (GST) collections for September 2024 rose to ₹1.73 lakh crore, marking a 6.5% year-on-year increase, according to official data. In comparison, the government had collected ₹1.63 lakh crore in the same month last year. After accounting for refunds, the government’s net GST revenue for September saw a 4% year-on-year rise, […]
India’s factory growth cooled to eight-month low in September, PMI shows
Growth in India’s manufacturing industry cooled to an eight-month low in September as solid demand and output eased slightly, according to a business survey that also showed weaker price increases despite rising input cost inflation. Factory production growth has been weakening since June and is likely to have further affected the expansion rate in Asia’s […]
Petrol, diesel prices on September 27: Check rates in Delhi, Mumbai, Kolkata and other major cities
Oil marketing companies (OMCs) announced the prices of petrol and diesel for Friday, September 27. The price of crude oil has been fluctuating recently and saw a price drop on Friday. However, despite the decline, there is only a minor reduction in petrol and diesel prices in some regions. On September 27, Brent crude prices […]