Bajaj Auto Ltd. sold 448,259 automobiles to dealerships in India and overseas in February, up 27% on year, marking the fastest growth in the last 27 months. The growth was strong in domestic and overseas markets and for two-wheelers and commercial vehicles, according to the company's exchange filing Monday.
Bajaj Auto sold 232,581 automobiles in India in February, up 27% on year but down 11% on month. Its exports stood at 215,678 units in February, up 28% on year but flat on month.
Two-wheeler sales of the Chetak-maker climbed 27% on year to 379,921 units. Domestic sales grew 27% on year bu

India’s first overhaul of its national accounts in over a decade has sprung a few shocks and surprises, but it underpinned that growth remains buoyant and is now more stable. While the new GDP data strengthens the growth outlook for the Indian economy, it has complicated the government’s fiscal math.
The statistics ministry Friday released the new GDP series with 2022–23 (Apr-Mar) as the base year, replacing FY12. Data based on the new series showed that India’s GDP grew faster than expected in the December quarter at 7.8%, driven by strong consumption on the back of cuts in the goods and se

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