Monday, May 31, 2021

Auto sales in May might have been hit by lockdown, double-digit decline seen across segments

Auto sales in May might have been hit by lockdown, double-digit decline seen across segments Experts largely look confident about a recovery in automobile sales from the second quarter of FY22 onwards, as restrictions are likely to be lifted. One brokerage sees a strong cyclical upturn that will last at least three years.

from Moneycontrol Business News https://ift.tt/3p44VBf

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RBI holds repo rate, flags supply chain risks to inflation & growth

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