New Delhi: The April-June 2025 quarter saw severe pressure on the domestic car market, with challenges in generating fresh demand as growing geopolitical tensions and concerns over the economy depressed consumer sentiments.Maruti Suzuki, the country’s biggest carmaker, reported a 6% decline in first-quarter wholesale numbers as the company dispatched around 3.9 lakh units to dealerships…
New Delhi: PM Narendra Modi on Tuesday said goods and services tax has served as a powerful engine of growth and helped foster co-operative federalism by making states equal partners in this journey to integrate India’s market.“Eight years since it was introduced, GST stands out as a landmark reform that has reshaped India’s economic landscape….
New Delhi: Early rains moderated the growth in fuel demand by disrupting travel in June. Sales of petrol and jet fuel managed to stay in the green zone, while LPG (cooking gas) posted a surprise surge. But consumption of diesel continued to be lower than a year ago due to low traction from transport and…
Representative image (Picture credit: AP) Asian equities edged lower on Wednesday while the dollar hovered near multi-year lows, as investor focus turned to the likelihood of US interest rate cuts and President Donald Trump’s looming July 9 deadline for new trade tariffs. Meanwhile, oil prices held steady ahead of a key OPEC+ meeting this week.According…
Mumbai: Logistics startup Shadowfax has filed draft IPO papers with Sebi through the confidential filing route. The company is seeking to raise up to Rs 2,000-2,500 crore, comprising a mix of fresh issue of shares and offer for sale by existing shareholders, sources said. The Flipkart and TPG-backed logistics startup, which was last valued at…
Mumbai: UPI transactions in June 2025 rose 32% year-on-year in volume and 20% in value, clocking 1,840 crore worth Rs 24 lakh crore. However, on a month-on-month basis, volumes dipped from 1,868 crore in May to 1,840 crore, and transaction value declined from Rs 25 lakh crore to Rs 24 lakh crore. The average daily…
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Blue Star, CESC, and DXC India are the top stocks to buy today:BLUE STAR – Range Breakout with Strong VolumesBuy near ₹1680 | Stop Loss: ₹1620 | Target: ₹1800After a prolonged…
NEW DELHI: The government on Tuesday gave more headroom to vehicle aggregators such as Uber, Ola, inDrive and Rapido on surge pricing. In a set of guidelines on ride-hailing services, the road transport ministry allowed aggregators to charge up to twice the base fare, as against 1.5 times earlier, while leaving the non-peak hour charges…
This is an AI-generated image, used for representational purposes only. In a move aimed at accelerating India’s innovation journey, the Union cabinet, chaired by Prime Minister Narendra Modi, approved the Research, Development and Innovation (RDI) Scheme on Tuesday, with a total outlay of Rs 1 lakh crore.Announcing the decision, Union I&B minister Ashwini Vaishnaw said…
This is an AI-generated image, used for representational purposes only. India’s residential real estate market is likely to maintain a steady growth trajectory over the current and next fiscal years, with sales volume expected to rise by 5-7 per cent and average prices appreciating by 4-6 per cent, Crisil Ratings said in its latest sectoral…
