19, Aug, 2019
Retail sales of automobiles declined by 6% in July

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New Delhi: Retail sales of automobiles across the country fell by 6% year on year to 1654535 units in July, as consumption demand continues to remain subdued due to the overall slowdown in the economy and lack of credit availability, data released by Federation of Automobile Dealers Associations on Monday showed. Passenger vehicle manufacturers resorted […]

The slowdown in the automobile sales has taken a hit on motor vehicle insurance premiums, with the public sector New India Assurance Co Ltd registering a six per cent decline in Q1 of FY20. “The motor vehicle insurance market was not buoyant as the vehicles sales was down. But we […]

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Telecom operators need to support the rollout of public wi-fi hotspots to gain an edge in technology space, Niti Ayog Special Secretary Yaduvendra Mathur said Friday. “TSPs (telecom service providers) …also need to support this move (roll out of public wifi). If you do not allow for hotspot roll out […]

Khadi sales is expected to touch an estimated all-time high of Rs 3,200 crore this fiscal, the Khadi and Village Industries Commission (KVIC) said. According to MSME ministry data, sales were Rs 2,510 crore in 2017-18 and Rs 1,081 crore in the year 2013-14. The sales grew at an average […]

Reserve Bank of India (RBI) Governor Shaktikanta Das will hold a meeting with heads of Small Finance Banks on March 15 to discuss their participation in priority sector lending and financial inclusion. “Small Finance Banks have an important role in promoting financial inclusion and priority sector lending,” RBI Governor Shaktikanta […]

Uphill? No worries, on the Tern GSD e-cargobikeTERN There are now more e-bikes sold in The Netherlands than non-electric bikes. But let me qualify that. According to new market statistics 40% of all bicycle sales in The Netherlands last year were e-bikes. However, when you strip out of the total […]

There is no longer a delineation between digital and traditional customers. Anyone with a smartphone traverses between online and offline activities without a second thought. As they do, they gain a penchant for modern conveniences, such as speed, utility and real-time assistance. Along the way, they also become more and […]