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@bsindia
business-standard.com-standard.com

India's automobile retail sales hit record August high

1+ week, 1+ hour ago   (153+ words) business-standard.com Indias automobile retail sales hit a record high for August at 24.23 lakh units, rising 18% year-on-year, according to the Federation of Automobile Dealers Associations (FADA) Growth was led by construction equipment at 31.45%, followed by 2Ws at 19.69%, PVs at 16.14%, CVs at…...

@bsindia
business-standard.com-standard.com

Weekly economy wrap: Tax collections rise, but inflation and trade gap bite

4+ week, 1+ day ago   (294+ words) Stronger tax collections and exports offered support, but higher inflation, a widening trade deficit and elevated debt kept macroeconomic risks in focus India’s economy this week saw stronger tax collections and exports providing support However, rising inflation, a wider…...

@bsindia
business-standard.com-standard.com

EV retail sales hit record high in July as adoption gathers pace

1+ mon, 6+ day ago   (327+ words) EV retail sales rose 66 per cent year-on-year to 327,901 units in July, pushing penetration to nearly 12 per cent as adoption accelerated across vehicle segments. India's electric vehicle (EV) market recorded its strongest monthly retail performance in July, with sales rising 66 per…...

@bsindia
business-standard.com-standard.com

Electric vehicle retail sales break record at 327,901 units in July: Fada

1+ mon, 1+ week ago   (272+ words) Electric vehicle retail sales in India reached another monthly record at 327,901 units in July, growing at 66 per cent over the same month last year, with nearly one in eight vehicles retailed now being electric, Federation of Automobile Dealers Associations said…...

@bsindia
business-standard.com-standard.com

India auto retail records best-ever July across all vehicle segments

1+ mon, 1+ week ago   (238+ words) Overall vehicle retail sales stood at 25,91,138 units, growing 25.89% annually, while remaining almost unchanged compared to June, down just 0.16% monthly. 2Ws retail sales reached 18,18,289 units, up 28.25% annually, making it the first time July sales crossed the 18-lakh mark. Sales were 1.26% lower monthly....

@bsindia
business-standard.com-standard.com

FinMin asks PSU banks, insurers to adopt austerity measures, shift to EV

3+ mon, 3+ week ago   (343+ words) The Finance Ministry on Monday urged public sector banks and financial institutions to adopt austerity measures and shift to electric vehicles, following Prime Minister Narendra Modi's appeal. Last week, the Prime Minister made an appeal to citizens for judicious use…...