Suzuki Motorcycle India has registered the best-ever sales of two-wheelers as its sales clocked 107,836 units in July 2023, HTAuto has reported. This figure includes both domestic sales and exports which stood at 80,309 and 27,527 units respectively. The company registered a year-on-year sales growth of 41.5 per cent more than the sales in… Continue reading Suzuki India 2W July sales at best-ever 107,836 units, up 41.5% YoY
Tag: July
India’s July edible oil imports hit record at 1.76 mn metric tonnes
India’s edible oil imports in July rose to a record 1.76 million metric tonnes as refiners built up stocks for upcoming festivals given uncertainty over supplies from the Black Sea, five dealers told Reuters. Higher purchases by the world’s biggest importer of vegetable oils could help to lower palm oil stocks in Indonesia… Continue reading India’s July edible oil imports hit record at 1.76 mn metric tonnes
Adani Ports & SEZ total cargo volumes jump 7% YoY to 34 MMT in July
According to a press release by the company, the growth was observed across all cargo segments, including containers (23 per cent), and liquid & gas (27 per cent). The company’s logistics volumes continue to record a significant jump with year-to-date (YTD) rail volumes of 178,689 TEUs (20 per cent YoY) and general purpose… Continue reading Adani Ports & SEZ total cargo volumes jump 7% YoY to 34 MMT in July
Oil & Gas, real estate, AI, Hospitality, auto see hiring spree in July
India’s IT sector saw the biggest drop in new jobs with a 46 per cent decline in July compared to the year-ago period, according to a report. Even ob postings for white collar hiring in July stood at 2,573, down 8 per cent compared to the previous month, and down 19 per cent compared… Continue reading Oil & Gas, real estate, AI, Hospitality, auto see hiring spree in July
UPI transaction value up 4% in July; inches closer to 10 million in volume
After a marginal dip in last month, transactions under the Unified Payment Interface (UPI) touched a new high of Rs 15.34 trillion in the month of July, up 4 per cent from Rs 14.75 trillion in June 2023. In terms of volume too, transactions saw a 7 per cent increase from 9.34 billion in… Continue reading UPI transaction value up 4% in July; inches closer to 10 million in volume
Hero MotoCorp and Bajaj Auto’s July two-wheelers sales in slow lane
Hero’s domestic sales dropped by 12.18 per cent YoY to 391,310 units. Bajaj’s domestic sales dropped 13.62 per cent YoY in July. (Photo: Shutterstock) Hero MotoCorp and Bajaj Auto reported lower sales of domestic two-wheelers in July year-on-year (YoY) amid continuing low demand, especially in the rural market. Hero’s domestic sales dropped by 12.18… Continue reading Hero MotoCorp and Bajaj Auto’s July two-wheelers sales in slow lane
Hiring for white collar jobs in India falls 19% in July, says report
Hiring for white collar jobs declined 19 per cent in July compared to the year-ago period as many sectors, including FMCG, retail, insurance and education, witnessed cautious recruitment sentiments, according to a report. According to the Naukri JobSpeak Index released on Tuesday, job postings for white collar hiring in July stood at 2,573,… Continue reading Hiring for white collar jobs in India falls 19% in July, says report
Record 67.7 million ITRs for AY 2023-24 filed till July 31: I-T department
The income tax department on Monday said a record 6.77 crore income tax returns for the assessment year 2023-24 were filed till July 31, including 53.67 lakh first-time filers. “The total number of ITRs for AY 2023-24 filed till 31st July 2023 are more than 6.77 crore, which is 16.1 per cent… Continue reading Record 67.7 million ITRs for AY 2023-24 filed till July 31: I-T department
India’s GST collection in July stands at Rs 1.65 trn; records 11% growth
Goods and services tax (GST) revenue rose 11 per cent year-on-year in July to Rs 1.65 trillion, showed official data released on Tuesday. Monthly GST collection crossed the Rs 1.6-trillion mark for the fifth time, indicating vigorous economic activity and strict anti-evasion measures employed by both central and state governments. GST collection… Continue reading India’s GST collection in July stands at Rs 1.65 trn; records 11% growth
500,000 new gig jobs to come up between July and December: TeamLease
As e-commerce companies gear up to tackle high demand in the upcoming festive season, India is likely to see 500,000 new jobs for gig workers, staffing solutions company TeamLease said in a statement on Tuesday. Currently, the country has around 200,000 open positions for gig workers primarily in last-mile delivery space and warehouse… Continue reading 500,000 new gig jobs to come up between July and December: TeamLease