Mercedes-Benz India posts record half-yearly sales at 9,262 units

Mercedes-Benz India posts record half-yearly sales at 9,262 units

Tuesday, 09 July 2024 | PTI | New Delhi

German luxury carmaker Mercedes-Benz on Monday reported a 9 per cent growth in sales at 9,262 units in India in the first half of 2024, its highest ever half-yearly sales in the country, riding on strong demand across categories and availability of volume models. The company had posted sales of 8,528...

Proposals invited on Quantum Standardisation, Testing Labs

Monday, 08 July 2024 | PTI | New Delhi

The Department of Telecom has invited research proposals on ‘Quantum Standardisation and Testing Labs’ from Indian academic institutions or research and development institutions, an official release said on Sunday. The goal is to drive research and development in quantum technologies, ensuring the interoperability, reliability, and security of quantum communication systems. These labs...

FMCG makers expect single-digit revenue growth

Monday, 08 July 2024 | PTI | New Delhi

Fast-moving consumer goods companies expect single-digit volume growth along with expansion in margins during the April-June quarter of this fiscal, helped by a revival in rural demand and a stable urban market. Listed FMCG companies such as Dabur, Marico and Adani Wilmar in their latest quarterly updates have reported a “gradual...

India’s coal import rises 5 per cent to 52 MT in April-May

Monday, 08 July 2024 | PTI | New Delhi

India’s coal import rose 5.3 per cent to 52.29 million tonnes (MT) in the first two months of the ongoing fiscal as against the year-ago period. The country’s coal import was 49.62 MT in April and May in FY24, according to data compiled by mjunction services ltd — a B2B e-commerce...

73 per cent Indians read ingredient lists, nutritional value of snacks: Report

Monday, 08 July 2024 | PTI | New Delhi

As many as 73 per cent Indians prefer to read ingredient lists and nutritional value before purchasing any snack, reveals a new survey, highlighting the majority of Indians’ growing inclination towards healthy snacking. Based on a survey of over 6,000 people across India, the Healthy Snacking Report 2024, released on Sunday,...

FPIs inject Rs 7,900 cr in equities in first week of July

Monday, 08 July 2024 | PTI | New Delhi

Foreign investors infused over Rs 7,900 crore in Indian equities in the first week of the month amid a healthy economic and earnings growth momentum. With this, total FPI investment in equities reached Rs 1.16 lakh crore so far this year, data with the depositories showed. Going forward, the Union Budget and...

FM wraps up consultations, FY25 Budget to be presented on July 23

Monday, 08 July 2024 | PTI | New Delhi

Finance Minister Nirmala Sitharaman has concluded consultations with various stakeholders, including representatives of industry and social sectors, as part of the budget preparation exercise. Sitharaman will present her seventh Budget on July 23. This would be the first full budget of Modi 3.0 which is going to set the path for...

India, UK to hold next round of talks on proposed trade agreement this month

Monday, 08 July 2024 | PNS | New Delhi

With the new government taking charge in Britain, senior officials of India and the UK will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official said. The India-UK talks for the proposed free trade agreement...

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