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November 1: The lensman`s view

  • November 1: The lensman`s view

    November 1: The lensman`s view

  • <p>An employee fills a customer&#39;s tank at a petrol pump entirely in Kolkata</p><p><b>State-run Hindustan Petroleum Corp (HPCL) is considering a further increase in petrol prices as it struggles to cut down on retailing losses, its finance director said on Tuesday.</b></p><p>The oil refining and marketing firm, which posted a quarterly loss of Rs 3,360 crore on Tuesday, is in talks with other retailers on the issue and a price increase could come as soon as within the next two weeks, B Mukherjee told reporters.</p>

    An employee fills a customer's tank at a petrol pump entirely in Kolkata

    State-run Hindustan Petroleum Corp (HPCL) is considering a further increase in petrol prices as it struggles to cut down on retailing losses, its finance director said on Tuesday.

    The oil refining and marketing firm, which posted a quarterly loss of Rs 3,360 crore on Tuesday, is in talks with other retailers on the issue and a price increase could come as soon as within the next two weeks, B Mukherjee told reporters.

  • <p>A worker cleans a parked car at the Maruti Suzuki&#39;s stockyard on the outskirts of Jammu</p><p><b>Maruti Suzuki, India&#39;s top carmaker, sold less than half the cars in October as it did a year previously as labour unrest that cost around $500 million in lost production compounded a demand slowdown in Asia&#39;s third-largest economy.</b></p><p>Maruti, 54.2% owned by Japan&#39;s Suzuki Motor Corp, ended almost two months of strikes last month, after losing production of over 80,000 cars and seeing its market share shrink to 40% from over 50% a year ago.</p><p><b>Tata Motors</b> sales rise 5%</p><p><b>M&M</b> sales rise 20%</p><p><b>Ford</b> sales up 12%</p><p><b>Toyota Kirloskar</b> sales jump 63%</p><p><b>Yamaha Motor</b> sales up 27%</p>

    A worker cleans a parked car at the Maruti Suzuki's stockyard on the outskirts of Jammu

    Maruti Suzuki, India's top carmaker, sold less than half the cars in October as it did a year previously as labour unrest that cost around $500 million in lost production compounded a demand slowdown in Asia's third-largest economy.

    Maruti, 54.2% owned by Japan's Suzuki Motor Corp, ended almost two months of strikes last month, after losing production of over 80,000 cars and seeing its market share shrink to 40% from over 50% a year ago.

    Tata Motors sales rise 5%

    M&M sales rise 20%

    Ford sales up 12%

    Toyota Kirloskar sales jump 63%

    Yamaha Motor sales up 27%

  • <p>Shoppers sit outside a retail store in Oxford Street in central London</p><p><b>Britain&#39;s economy has probably picked up over the summer, though any third quarter growth will not change a picture of an economy teetering on the brink of recession as crucial growth drivers such as manufacturing are stalling.</b></p><p>Britain&#39;s economy is teetering on the brink of recession despite a solid performance in the third quarter, increasing pressure on the government to boost growth as fresh turmoil in the Eurozone creates new risks.</p>Gross domestic product grew by 0.5% on the quarter as business services and finance posted the strongest quarterly increase in four years, the Office for National Statistics said on Tuesday, a notch more than analysts had forecast.</p>

    Shoppers sit outside a retail store in Oxford Street in central London

    Britain's economy has probably picked up over the summer, though any third quarter growth will not change a picture of an economy teetering on the brink of recession as crucial growth drivers such as manufacturing are stalling.

    Britain's economy is teetering on the brink of recession despite a solid performance in the third quarter, increasing pressure on the government to boost growth as fresh turmoil in the Eurozone creates new risks.

    Gross domestic product grew by 0.5% on the quarter as business services and finance posted the strongest quarterly increase in four years, the Office for National Statistics said on Tuesday, a notch more than analysts had forecast.

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