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AUTOMOBILE MARKET TRENDS 2024
Parliamentary panel moots higher education spending, says NEP's 6% GDP target unmetA parliamentary committee has flagged current higher education funding as inadequate. It urges an increase to six percent of GDP, aligning ...- The new man of steel! India seen filling the void China may leaveIndia Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low,...
- ChatGPT’s market share dips below 50%: Key AI trends to knowHit by Google Gemini's continued expansion and Claude's recent growth, ChatGPT's share of the AI assistant market fell below 50% for the fi...
- Financials in a sweet spot, defence remains a structural bet: Dharmesh KantFinancial stocks are set to lead a market rally through June and July. Experts see banks and financial institutions benefiting from strong ...
- Nifty upside limited, but stock-specific opportunities remain: Pramod AmtheIndian equities face headwinds from inflation and monsoon uncertainty, yet opportunities exist. Pramod Amthe of InCred Capital highlights s...
- States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...
- UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...
- Purplle pauses fundraising talks as founders bag Rs 90-100 crore stakeBeauty retailer Purplle has paused fundraising talks due to valuation disagreements, while founders are buying back shares at a valuation o...
- Carnival Time! Auto cos on a roll as demand stays strongIndian auto sales experienced robust double-digit growth in May, with passenger vehicles up 27% and two-wheelers by 31%. This surge, driven...
- Mercedes-Benz India confident of sustaining growth on strong demand this yearThe premium car maker also said that a price increase was on the cards to deal with the impact of sustained pressure on Indian Rupee, among...
- What Maruti-Suzuki can teach India-JapanThe Maruti-Suzuki collaboration brought global manufacturing to India, democratising transportation and boosting the middle class. This par...
- In 1930, two brothers bolted a radio into a car dashboard, and the American road got its own soundtrackIn the revolutionary year of 1930, the Galvin brothers unveiled a groundbreaking invention: the car radio. This pivotal development infused...
- India passenger vehicle sales rise 27.3% in May to 438,854 units: SIAMIn an exhilarating turn of events, the Indian automobile market experienced an extraordinary spike in sales last month, setting new records...
- India's logistics, clean tech sectors to see 55% surge in drone usage in 3 yearsIndia's logistics market is set for significant growth. Drone usage in logistics and clean tech sectors is expected to jump by 55 percent i...
- Focus on structural trends, ignore market noise: Hiren VedMarkets react quickly to news, but Hiren Ved of Alchemy Capital Management advises focusing on reality over narratives. He highlights a glo...
- Mumbai redevelopment projects gather steam as cluster-led developments gain tractionMumbai's property market is seeing a major shift in redevelopment. Developers are now focusing on larger, cluster-based projects instead of...
- Gas prices today June 13: Check daily average rates in California, Texas, Florida, New York, Washington, Hawaii and moreGasoline prices are continuing to fall for the third consecutive week, with the national average for regular gasoline now at $4.086 per gal...
- Quote of the day by Arthur Zeikel: "Investors must appreciate that, while there is a pattern to events, no pattern is perpetual. The more widely held the belief in the persistence of a current trend, the less likely it is to continue"Arthur Zeikel’s quote underscores the impermanence of market trends and the risks of consensus thinking. The piece explains how investor ps...
- Stocks, gold or debt? Rs 2.7 lakh crore fund manager who predicted bullion boom on where to invest nowManish Banthia, CIO-Fixed Income at ICICI Prudential AMC, who correctly predicted the gold rally in 2023, now sees little value in adding f...
- India's crime rate falls 6%, cybercrime crosses 1 Lakh cases: SBIIndia reports a decrease in overall crime, attributed to public investment, digitization, and enhanced surveillance. Cybercrime, however, i...
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