India’s fuel demand falls 6.1% in August, the most in over 14 years

India’s fuel demand falls 6.1% in August, the most in over 14 years

India’s fuel consumption fell 6.1% in August, its fastest rate of decline since April 2003, as heavy rainfall across the country cut the use of diesel for irrigation pumps and curbed demand for auto fuels. Consumption of fuel, a proxy...
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What L&T’s Q1 result tells us about state of investment demand in Indian economy

What L&T’s Q1 result tells us about state of investment demand in Indian economy

As India’s largest infrastructure and engineering conglomerate, Larsen & Toubro Ltd is proxy for the state of investment demand. The company’s June quarter’s media release on its performance has many takeaways. Fresh order intake fell 11% to Rs26,400...
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No demand for real estate is a myth Murali

No demand for real estate is a myth Murali

CHENNAI: Contrary to reports that demand for real estate in Chennai has been stagnant, affordable housing projects in Chennai show strong demand, according to Shriram Properties’ managing director M Murali. The Chennai-based real estate developer currently h...
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DIPP Says No Decision Yet on Apple’s Demand for Concessions

DIPP Says No Decision Yet on Apple’s Demand for Concessions

The government has not taken a final decision yet on the concessions being sought by US iPhone maker Apple for setting up a manufacturing unit in India, a top official said on Monday. Secretary in the Department of Industrial Policy...
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Google’s Pixel Phones Shine Despite Misgauging Demand

Google’s Pixel Phones Shine Despite Misgauging Demand

The Pixel phone, Google’s answer to Apple’s iPhone and Samsung’s Galaxy, is off to a promising start – but might have done even better had Google managed consumer demand as smartly as the device’s sleek design. Although Google has...
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Fuel Prices, RBI Policy To Fuel Passenger Vehicle Demand In 2017: Fitch

Fuel Prices, RBI Policy To Fuel Passenger Vehicle Demand In 2017: Fitch

Chennai: Low fuel prices coupled with an accommodative monetary policy from the Reserve Bank of India (RBI) is what credit rating agency Fitch Ratings expects to support demand for passenger vehicles in 2017. According to Fitch, the demonetisation of 500/1,000...
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