Welcome to the Indian Market tracker, we constantly support traders to analyze the rise and fall of the market for ten categories on the daily basis. We analyze and display the beginning value of the market on the morning updates and the Ending value on the evening updates. We examine the everyday trends for these categories and flash them as push notifications in our mobile applications and our success rate is above 80 percent. Play Store
According to government estimates, major electronics manufacturers, including those that produce mobile phones, have received more than half of the $2,875 crore in disbursements made so far under the government’s Production Linked Incentive (PLI) scheme for 14 industries. Much of the remaining market was dominated by pharmaceuticals and food items. There are 1.97 lakh crores…
Despite being a net exporter of steel, India saw a rise in imports of this important commodity for infrastructure in FY23 of over 45%. In the past three years, this rise ranks among the largest. The greatest imports during the past few years, since India became a net exporter of steel, were in FY20 at…
With steel mills looking into less expensive options, such as Russian coal, as opposed to more conventional but more expensive supplies from Australia, India’s imports of coking coal grew by almost 3% to 54.33 million tonnes (mt) in FY23. Shipments into India totaled 53.04 mt in FY22. Australian coking coal shipments decreased 13% year over…
With effect from this Wednesday, the government has reinstated the windfall tax on domestically produced crude oil with an impost of Rs 6,400 per tonne and eliminated the tax on diesel exports. Petrol and aviation turbine fuel intended for exports are still free from tax. In its most recent fortnightly review, the Central Board of…
Private equity investment in India’s real estate sector fell precipitously during the first quarter of 2023, with only $0.05 billion (or 370 crores) spent, a startling 95% decrease from the $1 billion invested during the same time in 2022. Due to growing concerns about a global recession, rising capital costs, and a mismatch in investors’…
As the vehicle scrappage policy went into effect this month, top truck and bus manufacturer Ashok Leyland received a sizable order from VRL Logistics for 1,560 trucks for an unknown value as the latter looks to expand and upgrade its fleet by replacing outdated trucks. In addition, VRL Logistics purchased 107 trucks from Tata Motors….
On the back of declining prices for manufactured goods and fuel, wholesale price-based inflation inched down to a 29-month low of 1.34 percent in March, despite rising food costs. The wholesale pricing index (WPI)-based measure of inflation has decreased for ten consecutive months, starting in March. From 3.85% in February to 14.63% in March 2022,…
In FY23, pharmaceutical exports increased by 3.25 percent to $25.3 billion. Export growth in 2021–2022 was nearly flat at 0.71 percent, or $24.62 billion. The US, Canada, and Mexico (NAFTA), then Europe, received a significant portion of exports. According to R Uday Bhaskar, Director-General of the Pharmaceuticals Export Promotion Council (Pharmexcil), “I think this is…
India’s domestic steel prices are still unstable due to weak purchasing, delayed international demand, a decline in export offers, and lower-than-expected demand in traders’ markets. This week, the benchmark hot-rolled coil (HRC) price was about 59,200 per tonne, a 2–3% decrease from the same time last month (mid-March). After mid-March, there had been some cooling…
In India, fast-moving consumer goods (FMCG) saw a growth of 17.5% in rural regions and a growth of 6.1% in urban areas in March. FMCG sales increased by 14.1% year over year in March, according to data issued monthly by Bizom, a retail intelligence platform that measures consumer goods sales across 7.5 million places. While…
