Maruti Suzuki To Launch 2 All-New Car Brands In India – Report

Maruti Suzuki will reportedly introduce Nexa as a separate car brand by 2022-23; will likely offer premium vehicles Maruti Suzuki India Limited (MSIL) inaugurated the Nexa premium dealerships in 2015 and the first product was the S-Cross. Despite the initial hiccups, it did get going well following the arrival of Baleno hatchback and four years on, it is significantly contributing to the brand’s sales tally every month. Maruti Suzuki is consistently expanding Nexa’s reach and it has been paying them good dividends. Along with it, the regular Arena as well…

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The world’s biggest economies are moving deeper into a slowdown: Report

Momentum is easing across the world’s major economies, according to a gauge the OECD uses to predict turning points. The Composite Leading Indicator is the latest sign of a synchronized slowdown in global growth, adding to recession warnings sparked by industrial figures in Germany last week and and slumping trade figures for China earlier on Monday. The indicator, which is designed to anticipate turning points six-to-nine months ahead, has been ticking down since the start of 2018 and fell again in November. The OECD singled out the US and Germany,…

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India likely to surpass UK in the world’s largest economy rankings: Report

India is likely to surpass the United Kingdom in the world’s largest economy rankings in 2019, according to a report by global consultancy firm PwC. As per the report, while the UK and France have regularly switched places owing to similar levels of development and roughly equal populations, India’s climb up the rankings is likely to be permanent. PwC’s Global Economy Watch report projects real GDP growth of 1.6 per cent for the UK, 1.7 per cent for France and 7.6 per cent for India in 2019. “India and France…

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