EDITORIAL

 Incessant rains ,extreme cold wreak havoc on coffee heartland India’s coffee heartland, comprising Chikmagaluru, Coorg and Hassan districts of Karnataka, has been pounded by incessant rains, besides extreme cold weather and lack of sunlight in the past more than three months, resulting in heavy damage to coffee plantations and an estimated production loss of up to 30%, according to the Karnataka Planters Association (KPA) KPA represents thousands of coffee farmers and planters in the region who cumulatively account for over 70% of the country’s total coffee production. Arvind Rao, Chairman, Karnataka Planters’ Association (KPA) said the unrelenting rains have wreaked havoc for coffee growers in the coffee heartland of the country. Coffee berry droppings and black rot disease [fungal] have become uncontrollable due to heavy rainfall. Growers are unable to spray fungicide to control the disease due to non-stop rains for months. In this scenario, we are expecting crop loss in th...

 Auto loan short-term delinquencies up Auto-loan delinquencies increased for all ticket sizes barring those more than Rs.20 lakh as of June, year-on-year, according to data in ‘How India Lends’ report by CRIF, a credit information company. The portfolio at risk (PAR) for more than 90 to 180 days in June  increased for three straight years in most ticket sizes. In June, loans lower than Rs.5 lakh increased to 1.83% of the total loans in the category from 1.62% in the year-earlier period and 1.36% in June 2023. Delinquencies in loans with a ticket size of between Rs.5 lakh and Rs.10 lakh, too, increased to 0.92% in the reporting  month from 0.73% in June 2023. Credit value between Rs.10 lakh and Rs.15 lakh increased to 0.70% in June 2025 as against 0.55% in June 2023. Default or delay in payments as a share of the advances increased to 0.67% even in Rs.15 to Rs.20 lakh loan size from 0.57% in June 2023.  Two-thirds of the originations value as a share of the total loan...

Top car makers see sales slide YoY in August Hyundai Motor India Ltd. reported a more than 11% fall in domestic sales at 44,001 units as compared with 49,525 units a year ago  Top passenger car companies witnessed reduced sales in August 2025 possibly due to buyers deferring purchase decisions to pay lower goods and services tax (GST) as and when it is applicable. The Prime Minister had on August 15, announced the rationalisation of GST, which has led to a wait-and-watch situation.  Market leader Maruti Suzuki India Ltd. reported a more than 7% fall in domestic sales at 1,44,145 units from 1,55,779 units sold in August 2024. Exports were up at 36,538 units as compared with 26,003 units a year ago. Hyundai Motor India Ltd. reported a more than 11% fall in domestic sales at 44,001 units as compared with 49,525 units a year ago. However, the company regained its number two position in wholesale despite reporting comparatively lower numbers. In August, Hyundai exported 16,500 unit...