-The Hindu Satyakam Arya, MD & CEO, Daimler India Commercial Vehicles (DICV) asserted that the sales of medium and heavy trucks and buses between January and August 2022 were seeing strong growth The medium and heavy commercial vehicle (M&HCV) segment is likely to witness a 50% jump in sales volume during the calendar year 2022, following a revival in demand in the last couple of months, said Satyakam Arya, MD & CEO,...
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Truck sales crash 60%; Ashok Leyland sees decline of 70% in August -Shally Seth Mohile
-Business Standard Volumes during August were dragged down by the top two manufacturers, which together sell more than seven in every 10 trucks Mumbai: Sales of medium- and heavy-duty commercial vehicles (M&HCVs), excluding buses, considered a barometer of economic activity, more than halved in August, as transporters — struggling with excess capacity owing to a slowing economy and consumption slowdown — deferred purchases, the monthly sales data released by truck makers shows. India’s...
More »Slackening of demand indicators weakens India's growth impetus -Aanchal Magazine
-The Indian Express Farmers getting lower prices for their produce, much lower than the minimum support prices announced by the government for the kharif crops this year, has hit the rural consumption demand story. New Delhi: The consumption-driven story of India’s economic growth is expected to face a slowdown as wide concerns emerge about the weakening rural demand. At a time when public expenditure is likely to be curtailed by the obligation...
More »Modi wants smog-free Delhi winter; new steps soon to tackle air pollution -AK Bhattacharya
-Business Standard The brief for the task force is to ensure that the winter of 2018 becomes pollution free. Remedial action, therefore, is likely in the next few months A package of measures to reduce air pollution levels significantly in the National Capital Region (NCR) around Delhi by the winter of 2018 is expected to be formulated soon and implemented within a specified time frame. NCR covers the whole of the National...
More »SC calls for space on Metro for rich -R Balaji
-The Telegraph New Delhi: The "Mercedes" class left squirming by Delhi's odd-even car rationing today received sympathy from the Supreme Court, which suggested that Metro trains earmark premium seats where the affluent can sit "dignified" at a price. "Mr Kumar, car owners who are coming (to the Delhi Metro), they must get some space to sit," Chief Justice T.S. Thakur told solicitor-general Ranjit Kumar, appearing for the Centre in a case filed...
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