Popular Articles

India's cotton exports decline by 55% in 2008-09 season
India"s cotton exports in 2008-09 season, which ends today, are estimated to have plummeted by a whopping 55 per cent to about 38 lakh bales due to higher prices in the domestic market.

Food inflation eases to 18.65%
Food inflation softened marginally to 18.65 per cent for the week ended December 12 though inflation rates for cereals and pulses, which constitute the essential consumption basket, continued to be in double digits.

News of the day

Koda effect: Govt seeks audit of UBI branches
Taking a serious note of Union Bank of India (UBI) not reporting high-value transactions to it, the government has asked the state-owned bank to immediately carry out an audit of all its branches to check for such large deposits that have gone unreported.
International Business

Tata Motors Dec sales more than doubles at 51,627 units

The country"s largest auto maker Tata Motors today said its total sales during December last year more than doubled to 51,627 units, up from 25,219 vehicles sold in December 2008. - Hero Honda clocks highest growth in 2009-10 - Domestic auto sales grow 49% in December - Auto cos end 2009 on a high note - Commexes sales can grow to Rs 80 lakh-cr in "10: FMC - Hero Honda sales jump 74% in December - Ford India posts 3% sales growth in 2009 The auto major"s total passenger vehicle sales and distribution in the domestic market recorded a 49% jump at 14,654 units compared to 9,838 vehicles in December 2008, the company said in a statement. The company"s exports jumped 161% at 3,454 vehicles in December last year compared to 1,325 vehicles in December 2008. "The growth in December 2009 has come over low sales in December 2008, impacted by the downturn in the automobile industry during that period," the statement said. The company sold 3,610 units of the world"s cheapest car Nano in December. It sold 4,228 units of the Indica range, a decline of 37% over December 2008. Indigo recorded sales of 5,106 units, a growth of 205%. The company sold 1,710 units in the Sumo and Safari range, registering a growth of 21%. In the commercial vehicles segment, December sales in the domestic market stood at 33,519 units, up 138% compared to 14,056 vehicles.


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