Posts in category All News
PV sales in June skid 7% on heatwave woes (05-07-2024)
Passenger vehicle retail sales in India witnessed a 7 per cent on-year decline in June as severe heatwave conditions resulted in 15 per cent less showroom walk-ins, industry body FADA said on Friday. Overall passenger vehicle registrations stood at 2,81,566 units last month, as compared to 3,02,000 units in June 2023. "Despite improved product availability and substantial discounts aimed at stimulating demand, market sentiment remains subdued due to extreme heat resulting in 15 per cent less walk-ins and delayed monsoons," the Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement.
Raymond – The Complete Man (05-07-2024)
It will need to go through NCLT process. It generally takes around 12-18 months like it did in the demerger of RCCL from Raymond Ltd. More details must have been shared on the conference call.
Central banks should have independence to deliver on price stability: John C Williams (05-07-2024)
Central banks ought to own up for delivering on price stability and must be given the independence to act for achieving it, a top official from the Federal Reserve Bank of New York said on Friday.
Agenda for board meeting of Power Grid Corporation of India (05-07-2024)
To be held on 10 July 2024
Crypto hacking thefts double to $1.4 bln in first half, say researchers (05-07-2024)
The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a year earlier, driven by a small number of large attacks and rising crypto prices, blockchain researchers TRM Labs said on Friday.
Vendetta politics: Congress slams PM Modi over 2023 decision on sale of rice to state govts (05-07-2024)
Congress accuses Modi's 'vendetta politics' of obstructing Karnataka's 'Anna Bhagya,' increasing food subsidy costs up to Rs 18000 crore. FCI halted OMSS rice sales despite 50 million tonnes stock. Demand for BJP, JD(S) MPs, and Consumer Affairs Minister to seek compensation. Karnataka offered Rs 170 monthly cash to 6.5 crore people for rice purchase.