Hero MotoCorp sold 637,050 units in September 2024, reflecting a 10% growth in YTD FY’25 (Apr-Sep’24) with total sales of 3,054,840 units. The company noted robust demand in the 100cc, 125cc, and premium segments, along with a 30% increase in global sales. To leverage positive market sentiment, Hero MotoCorp is preparing festive customer offers.
As the festive season brings enticing car deals, consider the 20/4/10 rule before taking a loan. This guideline suggests a minimum 20% down payment, a maximum loan term of 4 years, and that your total transportation costs should not exceed 10% of your monthly salary. Aim for a larger down payment and consider base models […]
Indian stock markets bled heavily on Thursday, due to a fresh flare up in Iran-Israel tensions. Sensex crashed 1,769 points, or 2%, to end at 82,497 levels. Nifty, on the other hand, broke the 25,300-mark to close at 25,250, down 547 points or 2.12%. This resulted in investors losing ₹9.6 trillion. In broader markets, MidCap […]
Salaries in India are projected to rise by 9.5% in 2025, up from 9.3% this year, according to an Aon report. The engineering and manufacturing sectors anticipate 10% increases, while financial institutions expect 9.9%. Attrition rates have declined to 16.9%. The study highlights positive trends across various sectors, emphasizing the need for effective talent retention […]
In September 2024, Royal Enfield sold 86,978 motorcycles, an 11% increase from last year. Domestic sales rose 7% to 79,326 units, while exports jumped 77% to 7,652 units. The Himalayan 450 now offers factory-fitted tubeless spoke wheels. Additionally, Royal Enfield has issued a global recall for motorcycles made between November 2022 and March 2023 due […]
French defense conglomerate Safran Group has expressed its intention to establish its first defense electronics unit outside France in India, signaling a strengthening strategic partnership between the 2 nations. Safran plans to manufacture sensors and essential electronic components for military platforms, although the facility’s location is yet to be determined.
The Sensex and Nifty opened at fresh record levels in early trade today, October 3, 2024. The Sensex started trading today at 83405.83, down 860.46 points or 1.02%, and the Nifty was at 25538.45, down 258.45 points or 1.00%. Meanwhile, the Indian rupee was trading today at 83.93 against the dollar.
The domestic stock market, including the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), will be closed on Wednesday, October 2, in observance of Gandhi Jayanti, a national holiday that honors the birth of Mahatma Gandhi. This day commemorates Gandhi’s significant role in independence movement. The stock market indices will resume regular operations […]
Here are the petrol prices per liter today in the top metro cities in India. ★ Delhi – ₹94.72, ★ Kolkata – ₹104.95, ★ Mumbai – ₹103.44, ★ Chennai – ₹100.98, ★ Gurgaon – ₹94, ★ Noida – ₹94.72, ★ Bangalore – ₹102.88, ★ Bhubaneswar – ₹101.06, ★ Chandigarh – ₹94.24, ★ Hyderabad – ₹107.41, […]
The Bombay Stock Exchange (BSE) is the oldest stock exchange in Asia, established in 1875, while the National Stock Exchange (NSE) was founded in 1992 and is the largest by trading volume. BSE primarily uses a traditional trading system alongside electronic trading, whereas NSE operates fully electronically. The BSE’s benchmark index is the Sensex, while […]
Zomato co-founder and Chief People Officer Akriti Chopra has resigned, effective September 27, 2024, after 13 years with the company. In her farewell email, she expressed gratitude for her enriching journey at Zomato, where she held key roles including CFO and Head of Community Development. Chopra’s departure follows a series of leadership changes, including the […]
Google Maps is cracking down on fake reviews, issuing warnings to businesses that violate its policies. This move, prompted by concerns from a UK investigation, has led to challenges for Indian entrepreneurs like Pallavi, who runs a tiffin service in Jaipur. She reported a decline in inquiries after Google removed her photos and requested extensive […]
The Sensex and Nifty opened at fresh record levels in early trade today, September 28, 2024. The Sensex started trading today at 85571.85, down 264.27 points or 0.31%, and the Nifty was at 26178.95, down 37.10 points or 0.14%. Meanwhile, the Indian rupee was trading today at 83.72 against the dollar.
A current account is primarily used for business transactions and allows unlimited withdrawals and deposits, making it suitable for frequent transactions. In contrast, a savings account is designed for personal savings, offering interest on deposits with limited withdrawals per month. Savings accounts encourage saving money and usually have a lower minimum balance requirement.