BMW India managed to sell a total of 7861 units in 2016 accounting 7500 BMW vehicles and 361 units of Mini up by 14 per cent over the total sales in 2015. Major contributors to the sales were the 3 Series Gran Turismo, facelift of which was introduced in October, the new-gen X1 and the flagship luxury limousine, the 7 Read More

The Government of India has announced four tax slabs under the proposed GST regime – 5 per cent, 12 per cent, 18 per cent and 28 per cent for all goods and services offered in the country. While the automotive industry hoped for a lower slab, the panel has decided to charge all cars under the 28 per cent tax Read More

Renault India has announced a 67.8 per cent increase in domestic sales for October 2016. The carmaker also achieved the milestone of selling one lakh vehicles from Jan-Oct this year. Renault sold 12,409 vehicles in India last month in comparison to the 7,396 units sold in October 2015. The carmaker overall sold 1,11,387 units from January to October showing the Read More

With the growing trend of online dating services and apps, three in five (59 per cent) Indian online daters are now facing security issues as these platforms have become hotbeds for cybercriminals, a new study revealed on Wednesday. “In India, about 38 per cent of consumers admitted to have used online dating apps at some point in their lives. In Read More

Indian economy grew at 7.1 per cent in April-June of the current fiscal, its slowest pace in the last six quarters, mainly due to slower growth in construction and agriculture sectors and contraction in the mining sector, as per data released by the Central Statistics Office on Wednesday. Manufacturing and electricity growth pick up pace during the April-June quarter. The Read More

Petrol price become these days reduce with the aid of 89 paise a litre and diesel by means of forty nine paise a litre, the first lower in costs in months. Petrol will fee Rs 64.76 a litre in Delhi from midnight this night in comparison to Rs sixty five.65 per litre presently, Indian Oil Corp, the country’s biggest gas Read More

Gold imports in February fell 34 per cent compared with the same period last year, news agency NewsRise Financial reported on Monday, citing a government official, as high prices and hopes for a cut in import taxes kept buyers away. India, the world’s second-biggest consumer of gold, shipped in 36.9 tonnes of gold in February while overseas purchases of the Read More