New Delhi, July 4 (IANS) Auto sector demand in India remained resilient in June, with personal mobility segments continuing to outperform, a report has said.The report from Asit C Mehta Investment Intermediates said easing of supply-side bottlenecks at several OEMs, healthy retail demand and sustained export momentum supported volume growth during June.Export momentum for two- and three-wheelers is also expected to remain supportive, the report added.Two-wheeler YoY retail growth rate accelerate…
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New Delhi, April 28 (IANS) India’s credit card spending surged by 24 per cent in March, month-on-month, to Rs 2,194 billion, supported by seasonal factors and a low base, even as underlying trends indicated a normalisation in consumption growth, according to a report released on Tuesday.According to an analysis by Asit C. Mehta Investment Intermediates, on a year-on-year basis, growth was more moderate at 8.9 per cent.The report noted that the sharp monthly uptick does not indicate a structura…