Recent content by rajan_103

Unless income grows fast enough to outpace price inflation in services, which are in demand because of urbanisation, the consumption of industrially produced things will begin to slow down,' says TCA Srinivasa Raghavan.[/b] Here’s a hypothesis about the slowdown in two parts that better minds...

Domestic passenger vehicle sales dropped by 23.69 per cent in September to 2,23,317 units, down from 2,92,660 units in the year-ago period, making it the 11th consecutive month of decline in vehicle off-take. Domestic car sales were down 33.4 per cent to 1,31,281 units last month as against...