Automobile dispatches from the factory to dealerships in India dropped by 23.4% in February year-on-year due to semiconductor shortage and price rise, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Friday, according to media reports. Total automobile wholesale in India stood at 13,28,027 units in February 2022 as against 17,35,909 units recorded in February 2021. Passenger vehicles sales stood at 262,984 […]
The index of industrial production saw a 1.3% year-on-year rise, according to data released on Friday. It had slumped to a 10-month low of 0.4% in December 2021. For the month of January 2022, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 138.4. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of […]
COMEX Gold futures failed to break above $2000 per ounce in volatile trades as risk appetite picked up strength in Europe. Media reports noted that Russian President Vladimir Putin said on Friday there had been some progress in Moscows talks with Ukraine. This pushed up major equity indices in Europe. Gold is currently trading at $1982 per ounce amid these developments, down around 0.90% on […]
COMEX Gold futures failed to break above $2000 per ounce in volatile trades as risk appetite picked up strength in Europe. Media reports noted that Russian President Vladimir Putin said on Friday there had been some progress in Moscows talks with Ukraine. This pushed up major equity indices in Europe. Gold is currently trading at $1982 per ounce amid these developments, down around 0.90% on […]

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