-TheWire.in Did the auto sector's woes go hand-in-hand with the boom in affordable housing segment under PMAY? Sales in the auto sector and in related industries have fallen considerably in India. Maruti-Suzuki, the country’s leading car manufacturer, has reported a 32.7% decline in its total vehicle sales. There is a similar situation across the sector, including the two-wheeler industry. The sector has already lost over 300,000 jobs. What explains the massive slowdown in...

  Is it the case that the global economic downturn instead of shrinking domestic demand has affected our economy more? If the aforesaid statement is true, then ideally the trade related data should indicate improvement in our imports and deceleration in the country's exports. However, that is not the case and we get a mixed picture.   A press release by the Ministry of Commerce & Industry dated 13th September, 2019 shows...

-Livemint.com The BJP enjoyed greater support among upper caste-dominated affluent districts in the 2014 Lok Sabha elections than in other districts of the country One of the notable features of the Bharatiya Janata Party’s historic victory in 2014 was its ability to attract support across social groups, cutting across traditional divides of caste and class. Yet, support for the party was much greater among certain demographic groups than among others, a Mint...

-The Hindu Electric buses to be revamped after Sabarimala season THIRUVANANTHAPURAM: The Kerala State Road Transport Corporation (KSRTC) will launch 10 zero-emission and noiseless air-conditioned battery electric vehicles (BEVs) on the Thiruvananthapuram- Ernakulam-Thiruvananthapuram route from February 1. The environment-friendly Olectra-BYD’s electric bus, manufactured under the ‘Make in India’ initiative and wet-leased by the KSRTC for 10 years, is being deployed on the corridor after its successful chain service operations from November 17 on...

-Livemint.com India’s richest districts are situated along the western coastline while the poorest are clustered in the easternmost parts of the country, shows analysis Mumbai: Where do the affluent in India live? That’s the million dollar question consumer goods firms, marketers, and analysts often struggle to answer because of patchy and unreliable data. For the first time in India, an official data source provides detailed data on household assets and consumer durables that...