Domestic sales of medium and heavy commercial vehicles (MH&ICV) within the commercial vehicles segment stood at 12,406 units.
In May 2025, exports contributed 31,219 units. In the previous comparable period, exports were reported at 17,367 units.
PCE inflation has fallen 60 bps in the last 2 months, but that may still not induce a rate cut by the Fed
Markets started strong this week, but steel tariffs weakened the sentiments in the week.
FPIs net bought $705 Million in equities, triggered by aggressive buying by FPIs on Thursday
Despite fiscal deficit overstepping in FY25, the good news is that much of this surge went into capex spending
NIFTY slipped 0.4% on broad-based profit booking. Midcaps recover. PSU Banks rally.
The keenly watched credit growth was released. Credit growth dipped further below 10%. Deposit growth had also dipped below 10%.
While equity funds are still in an uncertain zone, the debt funds look to be a much clearer play on falling interest rates
At the end of the inspection, the US FDA issued a Form 483 with one observation which was received at the conclusion of the inspection during the closing meeting.

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