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...
by AIP Online Bureau | Oct 7, 2024 | Eco/Invest/Demography, Indian News, Non-Life
According to FADA President C.S Vigneshwar, “the Shraddh period further impacted sales negatively, leading to a YoY decline in retail sales across various categories” New Delhi: Passenger vehicle retail sales have dropped further and fell sharply by 19 per cent...
by AIP Online Bureau | Sep 6, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Non-Life
Despite this monthly setback, the sector witnessed a modest 2.88 percent year-on-year (YoY) growth compared to August 2023 New Delhi: Auto retail sales in India experienced a significant decline in August 2024, primarily due to excessive rainfall during this monsoon...
by AIP Online Bureau | May 9, 2024 | Data, Eco/Invest/Demography, Policy
Chief Economic Advisor V Anantha Nageswaran attributed the decline to a shift in portfolio where savings were being channelised to real assets NEW DELHI: Household savings are estimated to have declined for the third year in a row in FY24 as liabilities on account of...
by AIP Online Bureau | May 8, 2024 | Data, Eco/Invest/Demography, Policy
“The auto industry remains cautiously optimistic about its near-term outlook,” it said.Auto sales are keenly watched as a key indicator of private consumption in India. The auto sector contributes around 7% to India’s economy.Retail car sales grew...
