India’s automobile exports surged by 14% in the first half of the fiscal year, reaching 25,28,248 units, up from 22,11,457 units the previous year, according to the Society of Indian Automobile Manufacturers (SIAM). This growth is driven by strong demand for passenger vehicles and two-wheelers, particularly from markets in Australia,...
Reduction in subsidy of electric two-wheelers has led to significant uncertainty in the domestic market, with big brands such as Ather, Matter and Ola Electric pushing up prices across the range. A slash in subsidy percentage under the FAME-II scheme has invited mixed reactions from across the country, with some...
India’s present economic engagement with Mexico has shown impressive improvements, transcending the barriers of distance. It is now time to enter a new era of partnership that hinges on deeper economic ties and mutual cooperation. India’s bilateral trade with Mexico has grown from US$ 1.5 billion in 2009 to US$...
Value-based shopping is likely to continue to gain momentum during the festive period. Consumers could indulge in mid to big ticket purchases that they might have postponed due to the pandemic. Sectors like consumer durables, electronics, FMCG, apparel & gems and jewellery, etc. are likely to do well, aided by...
Even as its economy copes with the COVID-19 led recession, South Korean companies are eager to expand the scale and scope of their investments in India. • With second quarter GDP declining by 3.3% from the previous quarter, the South Korean economy seems to entered a technical recession for the...
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