FADA has pointed out that even though the festival season usually helps boost car sales, October is going to be key for dealers and manufacturers […]
Category: Business
Indian Passenger Vehicle Market Faces Slowdown Amid High Inventories
The Indian passenger vehicle (PV) market, which saw robust growth post-pandemic, is now experiencing a slowdown, with sales declining for two consecutive months in July […]
Indian Olympic Association Loses Rs 24 Crore in Deal with Reliance: CAG Report
In 2022, the Indian Olympic Association (IOA) made a deal with Reliance Industries Ltd (RIL). This deal allowed Reliance to be the main sponsor for […]
India’s Foreign Exchange Reserves Jump by $12.588 Billion to Reach $704.885 Billion, Marking First Time Over $700 Billion
India’s foreign exchange reserves have jumped by $12.588 billion, reaching a new record of $704.885 billion for the week ending September 27, according to the […]
EU Approves New Tariffs on Chinese Electric Cars
The European Union (EU) has taken a significant step by approving new tariffs on electric vehicles (EVs) imported from China. This decision, made on Friday, […]
Southwest Airlines Shares Surge as Rakesh Gangwal Invests $107 Million
Southwest Airlines Co. shares have been rising after Rakesh Gangwal, a Indian billionaire co-founder of InterGlobe Aviation Ltd. and a member of Southwest’s board, purchased […]
Amazon to Hire 250,000 Workers for 2024 Holiday Season, Matching Last Year’s Effort
Amazon is set to hire 250,000 workers for the 2024 holiday season, focusing on roles in transportation and warehousing, just like it did last year. […]
China’s Economic Challenges: From Real Estate Woes to Stimulus Plans
In recent days, China has taken drastic measures to counteract a severe economic downturn, announcing a massive stimulus package as its economy shows signs of […]
Tesla Q3 Deliveries Miss Estimates, but Production Exceeds Expectations
Tesla reported lower-than-expected vehicle deliveries for the third quarter on Wednesday, as discounts and low-cost financing weren’t enough to boost demand for its older models […]
Boeing Plans to Raise $10 Billion by Selling Stock Amid Heavy Debt
Boeing wants to raise at least $10 billion by selling new shares of stock, according to a report from Bloomberg News on Tuesday. The company […]
Foreign Investors Worry About SEBI’s Plans for Derivatives
Foreign portfolio investors (FPIs) are concerned about SEBI, the Securities and Exchange Board of India, wanting to put new limits on trading in the derivatives […]
Karnataka High Court Halts Investigation into Nirmala Sitharaman Over Electoral Bonds Scheme
The Karnataka High Court has paused the investigation into Union Finance Minister Nirmala Sitharaman and others related to the electoral bonds scheme. This decision was […]