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Auto Components Sector Set For A Rebound After Two Tough Fiscals
The automotive components sector will see revenue rebound 21-23% next fiscal as domestic and export demand revives after two straight contractions, CRISIL has stated. Higher margins will lift operating profits, too, the rating agency has stated. That, along with prudent capital ...
Auto Components Sector Set For A Rebound After Two Tough Fiscals
Union Budget 2021: Government Will Maintain Focus On Rural Economy
ICRA expects the Government to maintain its focus on the rural economy and infrastructure investments in the upcoming Budget. This apart some roadmap for the recently announced production-linked incentive (PLI), can be expected. "Another long pending auto-specific policy, relating to the ...
Union Budget 2021 Government Will Maintain Focus On Rural Economy
Juy IIP rises to 2.6%; beats estimates
India's July index for industrial output (IIP) has risen sharply to 2.6%, beating estimates, thanks to a sharp increase in capital goods.  The August figure is much better then the July figure wherein factory output contracted -2.2%. As per Use-based ...
Juy Iip Rises 2 6 Beats Estimates
Car sales slowest in two years
Car sales in India grew a tepid 7% in May 2011 over last year for the corresponding month. This has been the slowest pace over the last two years. High fuel prices, higher interests and increase in cost of vehicle ...
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