Dhanteras boosts consumer sentiment ahead of Diwali

Dhanteras boosts consumer sentiment ahead of Diwali

NEW DELHI: If the consumer industry was waiting for a big-bang stress buster after the slowdown pangs during most parts of the year, the auspicious Dhanteras brought in cheer for companies as buyers didn’t disappoint, even when it came to purchase of gold that has seen a strong surge in prices this year.Car sales, which…

Read More
Car sales sluggish, top companies reduce dealer dispatches

Car sales sluggish, top companies reduce dealer dispatches

NEW DELHI: Top car companies Maruti Suzuki, Hyundai and Tata Motors continued to reduce wholesale deliveries to dealerships as consumer demand remains relatively low compared to last year, leading to inventory build-up over the past few months. The move comes even as the industry prepares to enter the festive period with the auspicious Ganesh Chaturthi…

Read More