Thursday, Apr 17 2025 | Time 19:15 Hrs(IST)
Business EconomyPosted at: Apr 8 2025 7:59PM


Truck rentals hold steady in March: Shriram Mobility Bulletin

New Delhi, Apr 8 (UNI) Truck rentals remained steady in March 2025, following a dip in February, said monthly mobility bulletin released by Shriram Mobility on Tuesday.
"Despite stable rental rates, the sector remains under pressure with increased toll charges implemented from April 1, 2025," it said.
The monthly report said that truck operators bemoan excise duty increase which does not pass on lower crude prices to pumps. They, however, expect the tyre prices to drop.
Among key freight routes, Delhi–Bengaluru–Delhi registered the highest rental hike at 5% month-on-month (MoM), followed by Delhi–Mumbai–Delhi at 1.3% and Delhi-Hyderabad-Delhi at 1.1%, the report said.
"Alternatively, the Delhi–Chennai–Delhi route registered the steepest fall at -5.2% MoM and Delhi-Kolkata-Delhi rentals dropping by 1.3%," it said.
As per the mobility bulletin, vehicle sales witnessed a bounce back in March driven by events such as Chaitra Navratri, Gudi Padwa, and Eid.
Y S Chakravarti, CEO and Managing Director, Shriram Finance Ltd said, "Industry is cautiously optimistic for new vehicle sales in April as the benefits of lower income tax for the new fiscal coupled with local festivals like Tamil New Year, Vishu, Akshaya Tritiya may prop up demand."
UNI NK ARN
Please log in to get detailed story.
Tags: #Truck rentals hold steady in March: Shriram Mobility Bulletin
More News

Finance Commission members visit Solid Waste Management plant

17 Apr 2025 | 6:51 PM

Tirupati, Apr 17 (UNI) The 16 th Finance Commission members visited the Municipal Corporation’s Integrated Solid Waste Management Plant and appreciated the officials concerned for the well functioning of the plant.

see more..

Tenali Double Horse Group recognises as one of India's fastest growing brands

17 Apr 2025 | 6:51 PM

Hyderabad, Apr 17 (UNI) Tenali Double Horse Group has been recognised as one of India’s Fastest Growing Brands & Leaders 2024–25 at the 25th Asian Business & Social Forum and the award was presented by URS Media and AsiaOne Magazine.

see more..

RSP expands market footprint, launches series of breakthrough products

17 Apr 2025 | 6:20 PM

Bhubaneswar, Apr 17 (UNI) Rourkela Steel Plant (RSP) has expanded its market footprint by meeting specialized customer requirements and achieving significant milestones in the financial year 2024–25.

see more..

AU SFB announces launch of 'Concierge Services' for premium banking programs

17 Apr 2025 | 6:16 PM

Hyderabad, Apr 17 (UNI ) AU Small Finance Bank (AU SFB), India’s largest small finance bank, on Thursday announced the launch of an exclusive ‘Concierge Services’ for its premium banking programs – AU ivy and AU Eternity.

see more..

Kottayam-Kochi Rubber Market Rates

17 Apr 2025 | 6:14 PM

Kottayam,Apr 17(UNI) Following were the Rubber Market rates announced by the Rubber Board here on Thursday per quintal
Kottayam
RSS FOUR: 19700
RSS FIVE : 19400
ISNR TWENTY: 17800
SIXTY PERCENT LATEX: 14055
Kochi

RSS FOUR : 19700
RSS FIVE : 19400
International rates (Bangkok)
RSS One : 19012
RSS Two : 18858
RSS Three: 18716
RSS Four : 18639
RSS Five : 18523
Kuala lumpur
SMR TWENTY : 14825($173.10)
SIXTY PERCENT LATEX : 12861($150.15)
UNI PA BD.

see more..