Articles for tag: August, Coal, Concerns, Core, Driven, Electricity, Growth, Industrial, Oil, Plummeted, Production, Raising, Sector

Market News

Core sector production plummeted 1.8% in August, driven down by coal, oil, and electricity, raising concerns for industrial growth.

Core sector production plummeted 1.8% in August, driven down by coal, oil, and electricity, raising concerns for industrial growth.

In August 2024, the production growth of eight key infrastructure sectors in India saw a decline of 1.8 percent. This downturn was primarily due to lower outputs in coal, crude oil, natural gas, refinery products, cement, and electricity. This is a significant shift from the growth rate of 6.1 percent recorded in July. Despite the ...

Market News

In August 2024, thali costs plummeted, driven by massive price drops in key ingredients like tomatoes and fuel, offering hope amid inflation.

In August 2024, thali costs plummeted, driven by massive price drops in key ingredients like tomatoes and fuel, offering hope amid inflation.

In August 2024, the cost of preparing a vegetarian thali at home decreased by 8 percent year-on-year, while non-vegetarian thali prices dropped by 12 percent. This decline was mainly due to significant price cuts in essential ingredients like tomatoes, which fell by 51 percent, and a drop in the cost of vegetable oil and spices. ...

Market News

TVS Motor Soars: 13% Sales Surge Fuels Record August Exports!

TVS Motor Soars: 13% Sales Surge Fuels Record August Exports!

TVS Motor Company reported a significant increase in sales, rising by 13 percent year-on-year in August, totaling 391,588 units. This marks an improvement from 345,848 units sold during the same month last year. Notably, two-wheeler sales surged to 378,841 units, reflecting a 14 percent growth compared to August 2023. The domestic Market alone saw two-wheeler ...

Market News

Rupee Dips to Historic Low Amidst Unstable Market Forces in August

Rupee Dips to Historic Low Amidst Unstable Market Forces in August

In August 2024, the Indian rupee faced challenges, becoming the second-worst performing currency in Asia after the Bangladesh Taka, due to high demand for the US dollar and a drop in investment in Indian equities. The rupee depreciated by 0.2 percent, trading at Rs 83.87 per dollar, nearing its all-time low. Despite this decline, the ...

Market News

Toyota Soars 35% in August as SUVs Drive Sales Surge

Toyota Soars 35% in August as SUVs Drive Sales Surge

Toyota Kirloskar Motor has reported a remarkable 35 percent increase in total wholesales for August, reaching 30,879 units compared to 22,910 units the previous year. The surge is attributed to strong demand, particularly for SUVs and MPVs, as consumer interest grows during the festive season. This trend is not only seen in urban areas but ...

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