Auto sector’s problems derived from SC’s order to upgrade to BS-VI emission norms: Sitharaman

Finance Minister Nirmala Sitharaman has said the problems in the automobile sector are essentially derived because of the Supreme Court’s (SC) order to upgrade to Bharat Stage (BS) VI emission standards, thus resulting in churn in the sector. She said the auto sector is among the industries that are facing headwinds but have responded to … Read more

Growth may have slowed down but economy will never slip into recession: Sitharaman

economy facing no recession fm sitharaman in rajya sabha

Talking about the economic situation of India, Finance Minister Nirmala Sitharaman has said that the growth may have slowed down but the economy will never slip into recession. She added that steps taken by the government post her maiden budget have started bearing fruits and some sectors such as automobiles have shown signs of recovery. … Read more

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