News Overview

Eicher Motors unlisted subsidiary, VE Commercial Vehicles (VECV) sold 5,856 units of commercial vehicles in February 2022, registering a rise of 7.3% year on year from 5,457 units in February 2021.

U.S. stocks closed mixed in volatile trading on Monday as investors monitored developments in the Russian invasion of Ukraine.

Escorts Agri Machinery (EAM) in February 2022 sold 6,114 tractors as against 11,230 tractors sold in February 2021, a drop of 45.6 percent year-on-year. Domestic tractor sales in February 2022 stood at 5,686 tractors as against 10,690 tractors in February 2021. The tractor industry wholesales continued to remain subdued in February 2022, due to high base of last year, steep price increases due to higher […]

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India adds 6,915 new cases recorded in the last 24 hours. Daily positivity rate stands at 0.77%. Weekly Positivity Rate at 1.11%. Indias Active caseload currently stands at 92,472. Active cases stand at 0.22%. Recovery Rate currently stands at 98.59% with 16,864 recoveries in the last 24 hours taking the total recoveries to 4,23,24,550. 76.83 crore tests were conducted so far; 9,01,647 tests conducted in […]

Australia manufacturing sector continued to expand in February, and at a faster pace, the latest survey from Markit Economics showed on Tuesday with a manufacturing PMI score of 57.0. Thats up from 55.1 in January, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. This marks the twenty-first consecutive month in which the sector has grown. Powered by Commodity Insights

Japan manufacturing sector continued to expand in February, with a manufacturing PMI score of 52.7, the latest survey from Jibun Bank showed on Tuesday. Thats down from 55.4 in January, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. This indicated a thirteenth consecutive monthly improvement in the health of the sector, although the pace of expansion was the softest […]

Varun Beverages on Monday announced that the companys board approved the proposal to enter into an agreement to manufacture Kurkure Puffcorn for PepsiCo India Holdings Private Limited as a part of their network of co-packers.

Hyderabad-based Brightcom Group (BGL) on Monday said the Securities and Exchange Board of India (Sebi) ordered a forensic audit of books of accounts of the company on 16 September 2021.

The companys total tractor sales declined by 45.6% YoY to 6,114 units in February 2022 from 11,230 units sold in February 2021.