Hyundai Motor India achieved the highest-ever domestic sales in the calendar year 2023, surpassing the six lakh sales milestone. The automaker recorded sales of 6,02,111 units, registering a 9 per cent increase over the previous year’s 5,52,511 units. Additionally, Hyundai Motor India elevated its export performance by 10 per cent, shipping 1,63,675 units in 2023 […]
Bajaj in December 2023, witnessed a surge in domestic sales by 28.49 per cent, reaching 1,90,919 units, while exports experienced a 2.22 per cent increase, totaling 1,35,887 units compared to December 2022. During this period, the company sold 2,83,001 units of 2-wheelers, marking a 14.55 per cent YoY increase, and 43,805 units of commercial vehicles, […]
Prices of commercial LPG cylinders have been slashed by Rs 83.50 to Rs 1,773 per unit of 19 kg with immediate effect. However, there has been no revision in domestic cylinder prices. Oil marketing companies generally revise the LPG (liquefied petroleum gas) prices on the first day of every month. Domestic cooking gas prices vary […]
The Indian Steel Association (ISA) is optimistic about the steel demand and is expecting a growth of 7.5 per cent to 128.85 million tonne (MT) in the current financial year, according to a media report on Saturday. ISA said higher production and domestic demand have caused the steel demand in FY23 to rise by about […]
The domestic wholesales of passenger vehicles rose 26.7 per cent to over 38.9 lakh units in 2022-23, according to SIAM report. It was 30,69,523 units for 2021-22. Domestic sales of passenger vehicles (PVs) grew 4.47 per cent to 2,92,030 units in March 2023, against 2,79,525 units in the previous year’s March, according to the report. […]
Securities and Exchange Board of India’s (SEBI’s) Executive Director VS Sundaresan on Wednesday praised the role that retail and domestic institutional investors were playing in limiting the volatility in the market. Speaking at an event in Mumbai on Wednesday, he said, “Ten years back, the market was completely driven by foreign portfolio investment (FPI). But […]
