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The World Gold Council or WGC stated in a latest update that after the disruption of Chinas widespread Q2 lockdowns, gold jewellery demand staged a comeback in Q3, rallying 58% q-o-q to 163t. The y-o-y comparison shows a more modest 5% increase. Despite sporadic restrictions being imposed throughout the quarter, consumer sentiment in July and August was upbeat, aided by a pullback in the local […]

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As part of its objective to strengthen the electronics manufacturing ecosystem in India, the Ministry of Electronics and IT has approved the greenfield Electronics Manufacturing Cluster (EMC) with the project cost of Rs 492.85 crores to be set up in Ranjangaon Phase III, near Pune in Maharashtra. Making this announcement, the Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship, Shri […]

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With effect from 31 October 2022

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VST Tillers Tractors sold 1842 units of power tillers and tractors in month of October 2022 compared to 2816 units in October 2021. Total sales include 1368 units of power tillers and 474 tractors as compared to 1820 units of power tillers and 996 tractors in October 2021. Powered by Capital Market – Live News

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On 7 November 2022

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The World Gold Council or WGC stated in a latest update that a 17% y-o-y increase in Indian jewellery demand – to 146t – was led by strong demand in the South in third quarter of 2022. The overall Q3 demand was 12% above its five-year quarterly average (131t) and took y-t-d demand to 381t, 10% higher than last year and almost equivalent to 2019 […]

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Eicher Motors announced that its unlisted subsidiary, VE Commercial Vehicles achieved total sales growth of 4% at 6038 units in October 2022 compared to 5805 units in October 2021. Powered by Capital Market – Live News

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