Tag Archives: Worries

Buyers’ worries put brakes on used-car sales

The industry believes car sales are likely to fall for the rest year, indicating that the market will be in recession by the end of SeptemberSIMON DAWSON/BLOOMBERG VIA GETTY IMAGES The motor market is heading for recession after a 13.5 per cent slump in used car sales was revealed — the steepest fall on record. The industry has blamed a ... Read More »

RBI Pores Over Budget, Worries on Fiscal Math: Report

Mumbai: Some Reserve Bank of India (RBI) officials are worried that a populist Budget could put the onus of driving growth on them but limit their ability to respond through big rate cuts this year. Finance Minister Arun Jaitley increased spending on farm and social sectors in the 2016-17 fiscal year on Monday in a boost to rural India, where ... Read More »