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Economy
Retail pulses inflation likely to stay under 5% in H2FY22: Ind-Ra
New Delhi: India's retail inflation for pulses is expected to be under 5 per cent during the second half of the current fiscal, India Ratings and Research said on Monday.
As per the agency, this estimate is based on the high level of…
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India’s two-wheeler sales likely to fall 1-4% YoY in FY22: ICRA
New Delhi: India's two-wheeler sales are expected to contract by 1-4 per cent year-on-year (YoY) in FY22 due to weak festive season performance, ICRA said on Monday.
Accordingly, the rating agency cited that the relentless increase in…
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Equity indices extend losses: RIL, SBI in red
Mumbai: The 30-scrip Sensitive Index (Sensex) on Monday opened on a negative note during the morning trade session.
At 10 a.m. the S&P BSE Sensex of the BSE traded at 59,235 points, down 0.67 per cent.
It opened at 59,710 points…
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Ford, Rivian Cancel Plans to Jointly Develop EV: Report
San Francisco: Ford Motor and Rivian have cancelled plans to co-develop an electric vehicle (EV), the companies confirmed.
The two companies initially announced the development of a joint vehicle when the automaker invested $500 million…
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Delivery of MG Astor could Get Delayed Due to Chip Shortage
New Delhi: Delivery of MG Astor vehicles could get delayed because of shortages of chips and semiconductors in the market, said Gaurav Gupta, Chief Commercial Office of MG Motor India.
"We are all facing a situation very unprecedented.…
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Ola e-scooter rides to be available in 1,000 cities by Dec 15
New Delhi: Electric vehicle (EV) manufacturer Ola Electric on Saturday announced that customers in over 1,000 cities and towns will be able to test ride and experience the Ola S1 electric scooter.
The test rides will be initially open…
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Mercedes-Benz India launches hatchback ‘AMG A 45 S 4MATIC+’
New Delhi: Luxury car manufacturer Mercedes-Benz India on Friday launched the hatchback 'AMG A 45 S 4MATIC+' priced at Rs 79.50 lakh (ex-showroom all-India).
According to the company, the hatchback is powered by a turbocharged…
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India’s Foreign Exchange Reserves Down by Over $760mn
Mumbai: India's foreign exchange reserves fell by $763 million during the week ended November 12.
The Reserve Bank of India's forex reserves declined to $640.112 billion from $640.874 billion reported for the week ended November 5.…
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Musk-run Satellite Firm Starlink Enters Hiring Mode in India
New Delhi: Elon Musk-run SpaceX is now aggressively hiring for the India market, after it appointed Sanjay Bhargava as the country director for its satellite company Starlink, and announced that it has registered its business in the…
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Sundaram AMC gets SEBI’s nod to acquire Principal India
Chennai: Sundaram Asset Management Company Limited (Sundaram AMC) on Friday said it has received the regulatory approval to acquire the asset management business of Principal Asset Management Pvt Ltd (Principal India).
Sundaram AMC is a…
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