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RBI penalizes Deutsche Bank for Rs. 2 crore Tag

Daily Market Analysis

Daily Market Analysis – 13th Jan 2021

byHarsh SavlaJanuary 13, 2021

A significant shortage of steel supplies and a higher price of the key raw material has led to a sharp revision in the production schedules for the fourth quarter at leading carmakers. The production schedules for the ongoing fiscal Q4 are being revised downward by 15-20%, which could potentially mean a loss of over 1.5 lakh units in the January to March quarter for the industry. India’s...