- -60 days inventories for PVS despite record festive sales
Two-wheeler registrations reached record levels for a single month in November on the back of increasing liquidity and robust buying during the festive and wedding seasons. According to data released by automotive dealers body, the Federation of Automobile Dealers’ Associations (Fada), on Wednesday, two-wheeler registration was at 2.247 million units, surpassing the previous high of 2.07 million in March 2020, just ahead of the BS-VI changeover.
This signifies a reversal in fortunes for a segment which has been struggling for many quarters since the outbreak of covid, especially for entry-level vehicles.
Fada said the two-wheeler category is poised to benefit from a liquidity boost in the near term, particularly in agricultural regions, as well as the ongoing marriage season.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Musk-a-Lago: Inside Musk's role on Trump's transition team
In the lounge outside Donald Trump's Mar-a-Lago office, cabinet hopefuls mingle with advisers and friends of the future president.
Key imports take Dubai route to skip China block
Move side-steps curbs that threatened to slow India's green energy, infra goals
Why Crypto Mania Is Reaching New Heights
Donald Trump's victory has a flavour of revenge—not just for the man but also for crypto bros and their assets of choice.
Trump Picks Musk, Ramaswamy For Government Efficiency Effort
President-elect Donald Trump picked Tesla CEO Elon Musk and biotech company founder Vivek Ramaswamy, a former Republican presidential candidate, to lead an effort to cut spending, eliminate regulations and restructure federal agencies.
Donald Trump Is Recruiting A Team Of China Hawks. So Why Is Beijing Relieved?
With the expected appointments of Sen. Marco Rubio and Rep. Mike Waltz to cabinet positions, President-elect Donald Trump is putting together what some China hawks call a tough-on-China "dream team."
Small loans can spell big trouble for Indian banks
Watch out for signs of stress in India's micro-finance sector. Bad loans, even if small, extract a cost by way of reduced profits as well as higher interest charges on credit across the board
India should redesign its public safety signs to save lives
Mind studies suggest that the use of photographs depicting fear could trigger safe behaviour
Burberry is looking like a fine acquisition target this winter
This brand known for its chequered story can surely perform better
The Washington Consensus has collapsed and it won't be missed
The combination of free-market capitalism and electoral democracy that it promoted has failed to serve everyone equitably
India's statistics ministry has a new sense of purpose
The flurry of activity to get India's statistics right is laudable but we await regulatory design clarity
