Clipped from: https://www.thehindubusinessline.com/companies/two-wheeler-sales-in-2022-worst-in-a-decade/article66563310.ece Fewer takers. Increase in ownership cost, Covid-induced financial crunch hit entry-level models The cost of acquisition has gone up by 50 per cent
Category: Industry
👍👍👍Bank capital needs may rise 15-20% based on draft RBI market risk norms | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bank-capital-needs-may-rise-15-20-based-on-draft-rbi-market-risk-norms-123022600316_1.html?code=NTM4OTU9MTIzMDIyNjAwMzE2 On February 17, the RBI released draft guidelines on minimum capital requirements for market risk based on Basel III standards The Reserve Bank
👍Global majors finally return to Tiruppur after a long dry spell | Business Standard News
lipped from: https://www.business-standard.com/article/companies/tiruppur-exports-back-in-positive-terrain-global-majors-start-lifting-123021900340_1.html Weave revival story as knitwear exports rise 11.6% in rupee terms Following a gap of several months, global brands like Walmart have started lifting orders
👍👍👍New tax norm to hurt insurers; stocks attractive for the long run: Analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/new-tax-norm-to-hurt-insurers-stocks-attractive-for-the-long-run-analysts-123021600287_1.html Analysts expect stocks to remain under pressure in the near-term as the government’s new tax regime push, with no tax saving deductions, could
👍👍👍New tax norm to hurt insurers; stocks attractive for the long run: Analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/new-tax-norm-to-hurt-insurers-stocks-attractive-for-the-long-run-analysts-123021600287_1.html Analysts expect stocks to remain under pressure in the near-term as the government’s new tax regime push, with no tax saving deductions, could
👍👍👍Deluge of edible oil imports hits refiners – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/edible-oil-imports-up-31-as-palm-oil-shipments-surge-77/article66512063.ece Shipments into the country surge 31.3% during Nov-Jan with RBD palmolein consignments trebling India’s palm oil refining industry is suffering from low capacity
👍👍👍India’s per capita consumption for footwear lowest globally: CLE Chairman Sanjay Leekha – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indian-consumption-of-footwear-is-only-two-pairs-per-capita-cle-chairman-sanjay-leekha/article66502792.ece Domestic market is extremely positive as footwear purchase will increase with rising buying strength Sanjay Leekha,Chairman, CLE | Photo Credit: VELANKANNI RAJ B
Secondary steel scrap recycling industry seeks GST structure rationalisation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/secondary-steel-scrap-recycling-industry-seeks-gst-structure-rationalisation/article66516906.ece The industry is under scrutiny as the scrap dealers have been found guilty of claiming fraudulent input tax credits The Induction Furnace sector
👍57% of people lookout for jobs despite an offer in hand: report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/57-of-people-lookout-for-jobs-despite-an-offer-in-hand-report/article66512622.ece The period between offer acceptance and the start date is crucial, says a survey by ANSR The recent trend of the biggest names
👍👍👍Life insurance companies plan strategy tweak to offset tax impact | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/life-insurance-companies-plan-strategy-tweak-to-offset-tax-impact-123021500005_1.html Union Budget has proposed to tax high-value policies with premium aggregating to Rs 5 lakh per year to plug arbitrage that HNIs are
👍PC sales set to slow down in India as hardware firms announce layoffs | Business Standard News
lipped from: https://www.business-standard.com/article/companies/pc-sales-set-to-slow-down-in-india-as-hardware-firms-announce-layoffs-123020700484_1.html Sale boom during pandemic waning as consumers delay purchase due to fear of recession: Report After the big tech firms of Google, Meta
👍👍Gaming industry welcomes TDS change, awaits clarity on GST | Budget 2023 | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-2023-gaming-industry-welcomes-tds-change-awaits-clarity-on-gst-123020200395_1.html Budget 2023: The Centre has also made a distinction between ‘games of skill’ and ‘games of chance’ in the Finance Bill, signalling that
👍’IT firms need to be creators of talent and not just consumers,’ says Accenture’s Rekha M. Menon – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/it-firms-need-to-be-creators-of-talent-and-not-just-consumers-says-accentures-rekha-m-menon-367809-2023-01-27 In an exclusive exchange with Business Today around the Indian IT sector, Menon said, “Every business will need to evolve to become a
👍Near 50% jump in imports threatens India textile story | The Financial Express
Clipped from: https://www.financialexpress.com/industry/near-50-jump-in-imports-threatens-india-textile-story/2961219/ Such imports are likely to go well past $10 billion in the current fiscal to hit a record, official and industry sources told
Two-wheeler industry unlikely to recover in the next two years: ICRA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/two-wheeler-industry-unlikely-to-recover-in-the-next-two-years-icra/article66397604.ece Overall auto sector expected to grow at high single digit The two-wheeler industry continues to struggle with volumes still below the pre-Covid peak
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