Clipped from: https://www.business-standard.com/article/economy-policy/demand-to-exploration-key-warning-signals-for-india-s-gas-industry-in-2023-123010100557_1.html Consumers will be in trouble, given rising European demand from India’s traditional suppliers, the absence of gas storage facilities and the lack of
Category: Industry
Domestic passenger vehicles sales up 23% to record of 3.79 mn units in 2022 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/domestic-passenger-vehicles-sales-up-23-to-record-of-3-79-mn-units-in-2022-123010100390_1.html Domestic passenger vehicles sales rose by 23 per cent to a record of 3.79 mn units in 2022 led by the likes of
Experts see 2023 as a year of smooth sailing for real estate sector | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/experts-see-2023-as-a-year-of-smooth-sailing-for-real-estate-sector-122122800778_1.html Demand likely to remain buoyant despite prospects of another rate hike; industry looking for tax breaks, lower transaction costs After a two year
Housing sales up 50%, new supply doubles in top-8 cities in 2022: PropTiger | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/housing-sales-up-50-new-supply-by-101-in-top-8-cities-in-2022-report-122122800824_1.html Mumbai and Pune lead property demand, taking a combined 56% share in overall sales; demand grew sequentially and yearly in all four quarters
Ensure smooth sailing for the travel industry | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/ensure-smooth-sailing-for-the-travel-industry/2926075/ GST and direct tax laws, in their current form, create several unnecessary hurdles for online travel agents as well as other sub-sections of
Real prospects for growth | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/real-prospects-for-growth/2927352/ Nudge factors like a conducive interest regime, rise in consumers’ home-ownership sentiment, improved home affordability, etc, helped real-estate growth in 2022. The anticipated
Multi-pronged policy support gives green signal to renewable energy: CRISIL | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/multi-pronged-policy-support-gives-green-signal-to-renewable-energy-crisil-122122601030_1.html Currently, non-fossil or clean sources make up around 25 per cent of energy and 40 per cent of the installed power base in
The world is using fewer cardboard boxes. That’s a bad sign for the economy – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/the-world-is-using-fewer-cardboard-boxes-thats-a-bad-sign-for-the-economy/articleshow/96443010.cms Synopsis Investors are watching closely for any harbingers of what is to come as fears mount that many of the world’s biggest economies
NCLAT sets aside pleas against CCI’s Rs 873-crore penalty on UBL, other beer makers – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/news/india/nclat-sets-aside-pleas-against-ccis-rs-873-crore-penalty-on-ubl-other-beer-makers/articleshow/96464845.cms Synopsis The Competition Commission of India (CCI) on September 24, 2021, imposed penalties totalling over Rs 873 crore on UBL, Carlsberg India, All
Poultry sector gains on easing feed costs, uptick in demand – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/poultry-sector-gains-on-easing-feed-costs-uptick-in-demand/article66293350.ece But industry concerned over 2023 on rising prices of maize The poultry sector saw an improved performance in 2022 compared to the previous
Weak case for reducing tax on cars – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/weak-case-for-reducing-tax-on-cars/article66293919.ece Taxes and other policies are geared towards encouraging a shift to electric vehicles to promote fuel economy and energy security Maruti Suzuki Chairman
Taxes account for 67-80% of liquor prices; threatens sector’s future: ISWAI | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/taxes-account-for-67-80-of-liquor-prices-threatens-sector-s-future-iswai-122121800228_1.html High rates of taxation are crippling the alcoholic beverages sector and threatening the future of the liquor industry in the country, the International
IT’s prospects hit by global headwinds – The Hindu BusinessLine***
lipped from: https://www.thehindubusinessline.com/opinion/editorial/its-prospects-hit-by-global-headwinds/article66263823.ece IT companies should use the period of slowdown to reskill employees and invest for the long term In the past, companies have used
Global slowdown weighs on two-wheeler exports: SIAM – The Hindu BusinessLine*
Clipped from: https://www.thehindubusinessline.com/companies/global-slowdown-weighs-on-two-wheeler-exports-siam/article66263251.ece Major exporters such as Bajaj Auto, Hero MotoCorp, HMSI and TVS Motor Company, all have reported decline in sales The global slowdown has
India paid a record $28 bn for importing 131.92 mt coal in H1 FY23 – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/markets/commodities/india-paid-a-record-28-b-for-importing-13192-mt-coal-in-h1-fy23/article66255444.ece The high value of imports was on account of surging international coal prices largely due to the Russia-Ukraine conflict and a weakening India
New norms put brakes on EV firms, battery companies – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/tech/technology/new-norms-put-brakes-on-ev-firms-battery-companies/articleshow/96154863.cms Synopsis The Ministry of Road Transport and Highways recently amended the AIS156 norms, a stringent testing and certification standard, to ensure better safety
November records highest auto retail sales at 23.80 lakh units – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/november-records-highest-auto-retail-sales-at-2380465-units-clocking-26-growth/article66242044.ece China lockdown may slow down supply of semi-conductors, says FADA The auto industry in November has clocked the highest retail sales in history
Automobile retail sales soar to record high in November: FADA – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/automobile-retail-sales-soar-to-record-high-in-november-fada/article66242109.ece The sales were aided by robust registrations across segments including passenger vehicles, two-wheelers and commercial vehicles Automobile retail sales in India clocked best-ever
Indian footwear makers plan strategies to counter China, Vietnam race
Indian footwear makers plan strategies to counter China, Vietnam race: https://www.thehindubusinessline.com/economy/indian-footwear-makers-plan-strategies-to-counter-china-vietnam-race/article66238425.ece China and Vietnam control 75 per cent of the world’s footwear market and these