Auto sales fall 19.08% in February
The commercial vehicles segment suffered the steepest fall at 32.90%. The latest worry for the industry is the disruption in the supply of auto parts from China due to the coronavirus outbreak.
consumer demand
March 2020
January 2020
November 2019
July 2019
May 2019
April 2019
January 2019
October 2018
IMF cuts India’s FY20 growth forecast to 4.8%
The IMF attributed the change in its outlook mainly to sharper than expected slowdown in domestic demand amid the turmoil in the non-banking financial companies (NBFCs) sector.
‘Inflation spike transitory; growth downturn durable’
Notwithstanding headline inflation being at a five-year high of 7.4%, Nomura expects the RBI to extend its pause; but the next policy move is still likely to be a rate cut in Q2 to boost growth.
Sales of passenger vehicles rise marginally in October
Total industry sales, however, fell nearly 13%, according to SIAM data.
Weak retail growth worry hits Bajaj Finance
Slowing consumer expenditure and falling demand from small business is beginning to show on Bajaj Finance, considered one of the strongest non-banking finance companies in the business.
HUL Q4 net profit rises 13.8%
Volume growth for the quarter was 7%, its lowest in six quarters.
Pre-election uncertainty affects March auto sales
According to the latest figures released by SIAM on Monday, sales of passenger cars—the largest segment by volumes—dropped 6.87% from a year ago.
Inside the issue: January 2019
Why is the Walmart-Flipkart deal what we at Fortune India call the “Move of the year”? Our predictions on what the biggest trends and stories of 2019 are going to be, and more from the latest issue.
HUL beats estimates, net profit up 19%
Q2 sees robust growth in domestic consumer business, and jump in home care segment profit.
