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Auto retail sales up 11.21 pc in Nov riding on two-wheeler demand FADA

Auto retail sales up 11.21 pc in Nov riding on two-wheeler demand FADA

by AIP Online Bureau | Dec 9, 2024 | Data, Eco/Invest/Demography, Policy

“although rural interest was present, it failed to significantly improve sentiment. Inventory levels have reduced by about 10 days, but to remain high at around 65-68 days”FADA President, C S Vigneshwar New Delhi: Retail sales of vehicles across categories...
Cars set to get expensive from January as OEMs announce price hikes

Cars set to get expensive from January as OEMs announce price hikes

by AIP Online Bureau | Dec 8, 2024 | Data, Eco/Invest/Demography

Rising input costs of few materials, shifting consumer preferences on advanced features but a low willingness to pay, clubbed with the pressure of supporting dealers to offset high inventory carrying costs despite high festive discounts are putting a burden on...

Aligning Indian auditing with global standards to boost investor confidence, attract more funds: NFRA chief

by AIP Online Bureau | Dec 8, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

“If we are going global, a lot of funds have to come and being aligned with international standards will help in attracting the funds… when you align with global standards, there will be more investors’ confidence and greater credibility to the financial...

66% of businesses in India paid bribes to avail government services, claims report

by AIP Online Bureau | Dec 8, 2024 | Eco/Invest/Demography, Facts, Risk Management

“Though initiatives like the Government eProcurement marketplace are good steps to reduce corruption, there are still openings to engage in corruption for supplier qualification, bid manipulation, completion certificate and payments,” the report said....

No Insurance Amendment Bill proposing 100% FDI in winter session

by AIP Online Bureau | Dec 8, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation

Given the paucity of time, it is difficult to present the Bill in the ongoing session, sources said, adding it may, however, come in the Budget session. The Department of Financial Services (DFS) has sought public comments on the proposed amendments by December 10 New...
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