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JUNE RETAIL SALES
US stocks today: S&P 500, Nasdaq fall as chip stocks weaken; earnings and data in focusThursday saw declines in the S&P 500 and Nasdaq indexes, primarily due to a renewed slump in chip stocks that outweighed positive earnings ...- US retail sales lose steam in June as consumers pull backIn June, US retail sales experienced a modest uptick, signaling a slowdown in consumer spending. This increase was markedly weaker compared...
- Petrol, diesel sales surge in first half of JulyPetrol and diesel sales saw significant year-on-year increases in early July. Below-normal monsoon rains boosted demand from farmers and mo...
- India raises windfall tax on diesel, jet fuel exports; cuts levy on petrol exportsIndia's government has adjusted windfall taxes on fuel exports, effective July sixteenth. The export duty on petrol has been reduced to two...
- Cartier-owner Richemont's sales beat boosts luxury sector as jewellery shinesThe latest sales report from Richemont reveals a strong performance, outpacing forecasts with a twenty percent rise in sales in constant cu...
- ICICI Lombard Q1 Results: Profit falls 46% on commercial insurance slowdown, higher claimsICICI Lombard reported a dramatic forty-six percent drop in profit for the first quarter, attributed to a downturn in commercial insurance ...
- India's passenger vehicle dispatches hit record high in Q1 as demand powers auto sales: SIAMDomestic passenger vehicle dispatches hit an all-time high in the first quarter of FY27. Two-wheeler and three-wheeler dispatches also saw ...
- China's Q2 GDP growth cools to 3-1/2-year low, structural imbalances complicate policyChina's second-quarter economic growth slowed to its weakest pace in over three years. Official data revealed a 4.3% annual rise, missing a...
- Temasek offloads 2% stake in Lenskart for Rs 1,945 croreThe sale was done on July 10 through open market transactions, taking Temasek's stake in Lenskart down to 4.75% from 6.8% earlier. On July ...
- China's exports ride AI boom as domestic economy strugglesChina's exports saw a significant surge in June, driven by global AI demand and auto sales. Imports also jumped considerably, reaching a fi...
- Q1 surprise sends jewellery stocks shining 40% in a month. Will the surge last in next quarters?Indian jewellery stocks saw a 40% surge after strong June quarter business updates. Resilient demand and a shift to organized players suppo...
- Brent below $80 to sustain OMC earnings recoveryOil marketing companies' margins are expected to remain stable as crude prices stay below $80. Recent crude price drops have significantly ...
- iPhone 17 faces supply crunch as consumers rush to beat possible price hikesiPhone 17 models are experiencing shortages across retail and online platforms. This surge is driven by expectations of price increases and...
- 'What's in your shopping cart?' Govt plans first nationwide retail consumption surveyThe government is considering a nationwide retail consumption survey. This survey will gather granular data on consumer spending patterns. ...
- Costco shares fall over 4% as investors look past strong June salesCostco shares fell over 4% despite strong June sales as investors focused on valuation concerns and uneven regional growth. While US demand...
- EV retail sales at all-time high of 3,06,220 units in June, penetration cross 12 pc: FADAElectric vehicle retail sales in India reached an all-time high of 3,06,220 units in June. This growth pushed overall EV penetration past t...
- Consumer loans hit a record in Q1 amid steep rise in electronic goods pricesConsumer financing reached new highs in the June quarter. This surge was fueled by greater financing of electronics and rising prices. Bank...
- Did June just mark a new turning point for India's car market?India car sales June data: As manufacturers continue to widen alternative-fuel offerings and supporting infrastructure improves, their shar...
- Auto retail sales surge 22% to record 2.56 million in June; Dealers expect growth momentum to continue with rains picking upVehicle retail sales reached a record high in June, showing a significant year-on-year increase. This robust growth was supported by strong...
- India's retail car sales jump nearly 29% in JuneIndia's auto sector recorded passenger vehicle sales growth of 28.63% in June. The overall automobile industry saw a 21.83% jump, driven by...
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