In October, both vegetarian and non-vegetarian home-cooked meals became more expensive due to a rise in vegetable prices. The cost of a vegetarian thali increased by 20% compared to the previous year, primarily due to a surge in vegetable prices. Onion and potato prices were up significantly, while tomato prices more than doubled. However, tomato…
Overseas workers’ remittances to Pakistan increased by 23.9% to $3.1 billion in October 2024 compared to the same month last year. This surge in remittances is attributed to a stable exchange rate, growth in digital payment channels, and more workers moving abroad. Saudi Arabia was the largest contributor, followed by the UAE, the UK, and…
SUVs are the most popular cars in India right now, with Hyundai Creta leading the pack. Maruti Suzuki Brezza and Fronx also saw significant gains in sales during the festive month. Mahindra and Tata Motors also had multiple models on the top 10 list of SUVs sold in October. Despite some ups and downs, the…
Nissan Motor India experienced a surge in demand during the festive season in October 2024, with the New Nissan Magnite driving strong sales. The company reported 5,570 wholesale units dispatched, with domestic sales accounting for 3,121 units and exports making up 2,449 units. The Managing Director expressed gratitude for the positive response from customers and…
Sonalika Tractors, a leading tractor export brand in India, achieved its highest-ever monthly sales record in October 2024 by selling 20,056 tractors. This success was attributed to their customer-centric approach, wide dealership network, and commitment to providing high-quality, regionally customized tractors. The company’s focus on offering reliable and tailored solutions has established it as a…
In October 2024, overall fuel consumption in India increased by 2.9% compared to the same month the previous year. This rise was driven by increased petrol and diesel sales, fueled by higher vehicular and economic activity during the festive season. While petrol consumption saw a significant 8.6% increase, diesel sales only grew by 0.18% year-on-year….
Suzuki Motorcycle in India had a record-breaking month in October 2024, with domestic sales reaching an all-time high of 1,04,940 units, a 24% increase from the previous year. Overall, the company sold 1,20,055 units, a 19% jump from October 2023. While domestic sales saw a significant increase, exports declined by 7% to 15,115 units. Kenichi…
Hyundai has reported impressive sales figures for October 2024, with over 70,000 units sold. This includes 55,568 units in the domestic market and 14,510 units exported. This marks the 3rd highest domestic sales and monthly total sales numbers for the company. The Whole-time Director and COO, Tarun Garg, attributed the success to strong demand for…
In October 2024, MG Motor India reported its highest-ever sales with the newly launched Windsor EV emerging as the top-selling model. The Windsor EV sold 3,116 units in its first month, making it the most-sold passenger electric vehicle of the month. Overall, MG Motor India sold 7,045 units in October, showing a 31% increase from…
In October 2024, Honda Cars India reported a 23% decline in sales compared to the same month last year, with 10,080 units sold. Domestic sales were at 5,546 units, a 41% decrease, while exports increased to 4,534 units. Despite the festive season and special offerings like the Elevate Apex Edition, the sales declined. Honda is…