Car makers log sales growth in September

Chennai, Oct 1 (IANS) Festive season and new launches geared the passenger vehicle sales last month as car majors in India logged sales growth last month as compared to the previous year’s corresponding month. Maruti Suzuki (NS:) India Limited that makes cars and also light commercial vehicles logged a total sales of 176,306 units last … Read more

Think September Was Bad? Watch Out for ‘Octoberphobia’, Stock Trader’s Almanac Warns By

© Reuters. By Staff  While September has already been a brutal month for stocks, October is a month known for famous stock market crashes, warns the Stock Trader’s Almanac. The Almanac highlighted the October stock market crashes in 1929, the famed ‘Black Monday’ on October 19, 1987, the 554-point DJIA drop on October 27, … Read more

Fed Jumbo Hike in Play for September Even if August Inflation Cools, Experts Say

By Yasin Ebrahim —  The Federal Reserve’s recent willingness to endorse rather than push back against aggressive rate hike bets took many by surprise, and now some on Wall Street believe that a 75-basis-point hike is firmly on the table even if Tuesday’s data shows cooling inflation. Morgan Stanley said that it was expecting … Read more