No special measures for the ailing auto industry
The industry, which contributes 7% to the GDP, has seen falling sales for more than a year.
budget2020
February 2020
January 2020
Budget 2020: Markets plunge deep into the red
The markets plunged into the red in response to measures announced by finance minister Nirmala Sitharaman on Budget day. Bank stocks suffered the most, with the BSE Bankex losing over 1,000 points.
A try-hard Budget
Nirmala Sitharaman’s second Budget attempts to do too many things to boost consumption and growth but ends up falling short of expectations.
‘Budget is likely to be overall positive for markets’
According to the international brokerage, the market is looking for some relief in personal income taxes and taxes for companies/investors.
Challenge is to sustain momentum: MG Motor
We are looking at increasing our India portfolio to four products in two years, says its India head Rajeev Chaba.
Auto industry hopes for a lifeline from Budget
The industry expects the Budget to address factors like weak market sentiment, GST rates, and charging infrastructure for electric vehicles.
