New Delhi, April 30 (IANS) India’s used-car market is projected to reach around $70 billion by FY31, nearly doubling from about $35 billion in FY26, because of rising affordability, shorter replacement cycles, and increasing formalisation of transactions, according to a report on Thursday.The report by Redseer Strategy Consultants said India is currently the fifth-largest used-car market globally and is expected to become the third-largest by the end of the decade, behind the US and China.Moreov…
Latest FY31 News & Updates
New Delhi, Jan 13 (IANS) India appears to be in a Goldilocks phase of high growth and low inflation, a report said on Tuesday, with economists urging a shift towards a near‑neutral policy.The report from HSBC Global Investment Research said that a near‑neutral policy, combining fiscal restraint with continued monetary ease, would best support markets and the broader economy in 2026.”A combination of tight fiscal and easy monetary policy which creates a better economic balance should be posit…