Articles for author: Market News

Market News

Maruti Suzuki Cuts Prices Amid Sales Decline of Mini Cars

Maruti Suzuki Cuts Prices Amid Sales Decline of Mini Cars

Maruti Suzuki India Limited (MSIL) has announced price cuts for specific variants of its popular mini cars, the Alto K10 and S-Presso, in response to declining sales. Effective from September 2, the prices have been reduced by up to Rs 6,500. In August, the company sold only 10,648 units of these models, marking a 12.8% ...

Market News

Sebi Chief Accused of Salary Duplicity Amidst Rising Controversy

Sebi Chief Accused of Salary Duplicity Amidst Rising Controversy

The Congress party has raised serious allegations against Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (Sebi). They claim she continued to draw a salary from her previous employer, ICICI Bank, while serving at Sebi. Congress leader Pawan Khera pointed out that Buch earned nearly Rs 16 crore from ICICI, ...

Market News

OnePlus 13 Set to Redefine Smartphones with Bold Features and Early Launch

OnePlus 13 Set to Redefine Smartphones with Bold Features and Early Launch

OnePlus is set to introduce its highly anticipated OnePlus 13 series smartphone earlier than usual, possibly next month in China. This new flagship model is expected to feature the powerful Qualcomm Snapdragon 8 Gen 4 chip, promising enhanced performance. The OnePlus 13 will likely boast a stunning 6.8-inch quad-curved display with 2K resolution and a ...

Market News

Indian Manufacturing Slumps: PMI Falls to Three-Month Low Amidst Competition

Indian Manufacturing Slumps: PMI Falls to Three-Month Low Amidst Competition

In August 2024, India’s manufacturing growth slowed to a three-month low, with the Purchasing Managers Index (PMI) dropping to 57.5 from 58.1 in July. Despite the decline, any PMI figure above 50 indicates expansion. The slowdown was attributed to softer growth in new orders and output, partly due to intense competition. However, input cost inflation ...

Market News

Escalation of Violence: Militant Drone Assault Rocks Manipur Village

Escalation of Violence: Militant Drone Assault Rocks Manipur Village

Suspected militants attacked Koutruk village in Manipur’s Imphal West district, resulting in the burning of five abandoned houses and the death of two people, including a woman. The militants opened fire from hilltops on Sunday afternoon, causing panic and forcing residents, including women and children, to flee. The police reported that advanced weaponry, including rocket-propelled ...

Market News

Owaisi Calls for Nationwide Protest Against Controversial Waqf Amendment Bill

Owaisi Calls for Nationwide Protest Against Controversial Waqf Amendment Bill

AIMIM Chief Asaduddin Owaisi has voiced strong opposition to the Waqf (Amendment) Bill, 2024, during a protest in Telangana, calling for nationwide demonstrations. He claims the bill, introduced by the Modi government, undermines constitutional rights and encourages inequality, particularly regarding inheritance rights for women linked to Waqf property. The proposed legislation aims to rename the ...

Market News

Indonesia-Africa Forum: Uniting Forces for .5 Billion in Business Deals

Indonesia-Africa Forum: Uniting Forces for $3.5 Billion in Business Deals

Indonesia is set to sign $3.5 billion in business deals with African countries during the second Indonesia-Africa Forum taking place in Bali. The forum, running until September 3, aims to boost economic cooperation as Indonesia looks to expand its export markets. President Joko Widodo highlighted the increased trade volumes and agreements between Indonesia and Africa ...

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