Companies manufacturing cars, smartphones, televisions, refrigerators and washing machines are ramping up festive season production by up to 50% compared with the corresponding period a year ago, anticipating robust sales and buoyed consumer sentiment in the next three-four months.
The International North-South Transport Corridor (INSTC) has been facilitating a higher volume of trade between India and Russia via Iran over the last three months amid the West’s sanctions on Moscow following the Ukraine war.
The combined share of private players—Reliance-BP, Shell and Rosneft-backed Nayara Energy—has shrunk by 50-80% in the fuel retail market year-on-year and even the taxes imposed in July on exports or the official mandate to sell more in the domestic market hasn’t helped.
Download The Economic Times News App to get Daily Market Updates & Live Business News.
ETPrime stories of the day
Addressing the elephant in the room: Is the US going through a recession?
Three insights to kick-start your day: Razorpay’s razor sharp purchase
Stock Radar: This telecom stock is likely to inch closer to its 52-week highs; what does the chart say?
Trending Now
Popular Categories
Hot on Web
In Case you missed it
Top Calculators
Top Searched Companies
Top Definitions
Top Commodities
Top Prime Articles
Top Story Listing
Top Slideshow
Top Trending Topics
Top Videos
Private Companies
Popular Articles
Most Searched Articles
Trending Articles
Find this comment offensive?
Choose your reason below and click on the Report button. This will alert our moderators to take action
Reason for reporting:
Your Reason has been Reported to the admin.
Log In/Connect with:
Will be displayed
Will not be displayed
Will be displayed
To read full story, subscribe to ET Prime
₹34 per week
Billed annually at ₹2499 ₹1749
Super Saver Sale – Flat 30% Off
On ET Prime Membership
–
–
–
Subscribe Now
(Credit card mandatory)
You can cancel your subscription anytime
–
–
–
Subscribe Now
(Pay Using Netbanking/UPI/Debit Card)
₹399/month
Monthly PLAN
Billed Amount ₹399
No Trial Period
₹208/month
(Save 49%)
Yearly PLAN
Billed Amount ₹2,499
15 Days Trial +Includes DocuBay and TimesPrime Membership.
₹150/month
(Save 63%)
2-Year PLAN
Billed Amount ₹3,599
15 Days Trial +Includes DocuBay and TimesPrime Membership.
Quarterly
$13.99
7 Days Trial
Yearly
(Save 40.0%)
$33.99
15 Days Trial
Get ET Prime for just ₹2499 ₹1749/yr
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Stories you might be interested in
