India’s auto sector shows renewed vigor post-GST rate rationalization, with passenger vehicles leading the recovery and two-wheelers showing optimism. Commercial vehicles, however, are expected to take longer to rebound, linked to broader capital expenditure. Meanwhile, investors are advised caution on IPOs, urging a wait for financial clarity post-listing.
Housing sales in 50 cities dip 3% to 6.14 lakh units, up 16% in value to Rs 8.4 lakh crore: CREDAI
Indian housing sales saw a slight dip in units last year but a significant rise in value. Demand for homes above Rs 1 crore drove