Reserve Bank Holds Rates on Softening Food Prices The Reserve Bank of India (RBI) Friday expectedly held interest rates for the fourth straight monetary review meeting, drawing comfort from easing food prices after an ungainly spike through the peak monsoon months, and laid out plans to drain surplus systemic liquidity in line with Mint Road’s stated monetary policy intentions. SUVs Now Drive Half the Sales in India’s Motown Sport-utility vehicles (SUVs) now make up half of all passenger vehicle sales in India, doubling their market share in five years. This shift in buyer preference towards bigger, feature-rich vehicles has come at the expense of once-popular small cars.

Source: Economic Times October 08, 2023 01:22 UTC