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Top headlines: Contradiction in auto sale nos; Pfizer vaccine shows promise

From retail auto sales contradicting robust wholesale numbers to 15th Finance Commission submitting report to President, here are the top headlines

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With a major part of the festive season being dismal, many dealers could find themselves saddled with excess inventory at the end of it

BS Web Team New Delhi
Fragile recovery: Retail auto sales contradict robust wholesale numbers

Soon after major automakers reported high sales numbers for October, dealers have cautioned against any exuberance. With declining retail sales contradicting the robust wholesale numbers, there’s an air of suspicion around the recovery narrative in the auto space. Auto sales are a barometer of the country’s economy and record high sales reported by manufacturers had raised hopes of the festive season pushing consumer demand severely hit by the lockdown. Read More

Pfizer's early data shows Covid-19 vaccine is more than 90% effective

The drug maker Pfizer announced on Monday

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