New Delhi: After months of lockdown, normalcy has largely been restored but so has the need for social distancing and...
Passenger car sales were down 58 per cent at 55,497 units while three-wheeler sales slipped to 10,300 units as compared to 51,885 units in June 2019, marking a decline of over 80 per cent.
Auto manufacturers are expected to report zero production figures as well on account of all plants and manufacturing facilities being shut for most of April.
The Reserve Bank of India has cut policy rates by 135 basis points since early 2019 and maintains an accommodative stance
