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July 06, 2022

Vehicle sales up 27% in June, still away from pre-Covid levels

Registration of automobiles across categories rose 27 per cent year-on-year in June as improved availability of semiconductors enabled automakers to increase output and dispatch more vehicles to dealers, said the Federation of Automobile Dealers Association (FADA) on Tuesday.

1 min

Ola on the road to cut 400-500 jobs

These layoffs happening across depts amid tough funding environment and delay in listing plans

2 mins

India Inc wage bill hits record ₹10.8 trn

Employee costs rose over 12% in FY22, the highest in 8 years

2 mins

₹ slips 41 paise to 79.36; dollar index surges to 2-decade high

Rupee may sink to 82 against dollar in Q3, high trade deficits will be the norm now, says Nomura

3 mins

Finland, Sweden one step away from NATO; Turkey renews veto threat

Once parliaments ratify the decision, it will be the most significant expansion of the alliance since the 1990s

2 mins

Lanka Admits Bankruptcy, Crisis To Drag Through 2023

Aims to stop printing money as inflation nears 60%; to organise donor conference of friendly nations

2 mins

Driving Force In New Cold War: 700% Costlier Gas

The steep rise in gas prices in Europe since the start of last year is pushing the continent to the brink of recession

4 mins

Rule of law, anyone?

Negotiated and reciprocal agreements between communities are vital to underpin any law

5 mins

Indices find their feet as FPIs step off the gas pedal

Overseas investor selling falls to a third in past fortnight

2 mins

Analysts get bullish, add retail stocks to their cart

Believe Indian retail sector is on the 'cusp of accelerated earnings growth'

2 mins

India's influence on the wane in South Asia

Earlier this week, the Indian government announced that it would send more fuel-laden ships to Sri Lanka to help tide over the island nation's shortage. Besides ensuring shipments of grains and other relief products, India has extended a $4-billion credit line to the country.

2 mins

Double-digit positivity ratio dogs four states

Many others have seen doubling of Covid cases over previous week

3 mins

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Business Standard is India's leading business daily.
A preferred choice of serious business readers, Business Standard is acknowledged as a quality leader.

Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. All Business Standard journalists sign on to a code of conduct that is available on the website.

Business Standard's editorial team is led by Shyamal Majumdar.

The English newspaper is published from 12 centers - New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. It is also printed from Bhopal.

The Hindi Business Standard is published from eight centres - New Delhi, Mumbai, Kolkata, Patna, Lucknow, Bhopal, Chandigarh and Raipur.