October spike unlikely to trigger upgrade in growth forecasts

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ICRA would revisit its projection of a 11% contraction for the fiscal only in December when the National Statistical Office would have released its second quarter estimates, according the agency’s principal economist Aditi Nayar. Synopsis Experts view the recent pick up in the economy as a blip that is likely to subside after riding out … Read more

Mid-range smartphones to be sweet spot this festive season: Amazon India

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New Delhi: Mid-range smartphones, priced in the range of Rs 15,000-25,000, could emerge as the sweet spot during the upcoming festive season for online shoppers, according to e-commerce major Amazon India. According to findings of the ‘Great Indian Mobile’ survey, 38 per cent respondents said they are looking at buying a mid-range smartphone between Rs … Read more

Carmakers have something to celebrate as festive season begins with double digit growth in sales

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Mumbai: The festive season has got off to a good start with the 15 days of Ganesh Chathurti and Onam recording strong growth of 15-20% over previous season. Car makers have sold close to 50,000 units in the states of Maharashtra and Kerala during the key festivities in August, which usually attracts higher numbers of … Read more