News Overview

Indication of Federal Reserve going soft on interest rate hikes had some positive impact on market sentiments

Business Wire India Taulia, a leading provider of working capital management solutions, today announces significant updates to its Payables Scenario Planner. Taulia’s Payables Scenario Planner is a tool designed to provide Taulia customers with better visibility into liquidity and how their working capital position could change over time.   The update will incorporate a variety of additional macroeconomic indicators tracking various vectors across the globe, […]

The downturn in the eurozone goods-producing sector continued in November, although rates of decline in output and new orders were less aggressive when compared to the near two-and-a-half year records seen in October. There was also a further easing of inflationary pressures, in part due to weaker demand and reduced strain on suppliers. Nevertheless, November survey data pointed to a solid reduction in output volumes. […]

Trident has been granted patent for ?Fabric and Method of Manufacturing Fabric by Patent Office India. The present invention comprises a method of producing a fabric by subjecting the fabric to a special treatment, thereby obtaining increased air space in the resultant fabric. This will help the company to deliver its special soft towels without usage of any chemical-based fibers enabling it to save environment […]

Maruti Suzuki India sold a total of 159,044 units in November 2022 compared to 139,184 units in November 2021, recording a 14.27%. Total sales in the month include domestic sales of 135,055 units, sales to other OEM of 4,251 units and exports of 19,738 units. The shortage of electronic components had a minor impact on the production of vehicles, mainly in domestic models. Powered by […]

November saw the UK manufacturing sector contract further, as companies reported lower output, weaker new work intakes and reduced employment. The intermediate goods sector fared especially poorly, while downturns also continued at consumer and investment goods producers. The seasonally adjusted S&P Global / CIPS UK Manufacturing Purchasing Managers Index (PMI) edged up to 46.5 in November, from 46.2 in October. The PMI remained below the […]

Tata Motors sales in the domestic & international market for November 2022 stood at 75,478 units compared to 62,192 units during November 2021, recording a growth of 21%. Total sales included commercial vehicle sales of 29,053 units, recording a YoY decline of 10% and passenger vehicle sales of 46,425 units, recording a YoY growth of 55%. Total domestic sales stood at 73,467 units in November […]

UK house prices posted its biggest decline since June 2020 reflecting the loss of momentum in the property market amid the stretched housing affordability, data published from the Nationwide Building Society showed. House prices dropped by a more-than-expected 1.4 percent on a monthly basis in November, after easing 0.9 percent in October. Prices were forecast to fall 0.6 percent. On a yearly basis, the house […]

Eicher Motors announced that its subsidiary, VE Commercial Vehicles has achieved total sales of 4903 units in the month of November 2022 compared to 4085 units, recording a growth of 20%. Total sales comprise of domestic sales of 4483 units, exports of 237 units and Volvo trucks and buses of 183 units. Powered by Capital Market – Live News

The 2-wheeler makers total sales rose by 2% in November 2022 with sales of 277,123 units as against 272,693 units in the month of November 2021.