As a percentage contributor to nominal GDP, PFCE's share was 60.1 per cent in FY23, compared with 59.6 per cent and 60.8 per cent in the two preceding fiscal years. "Although PFCE is expected to grow 7.7 per cent in FY23, we believe it is still short of a broad-based recovery. "The current consumption demand is highly skewed in favour of goods and services consumed largely by the households falling in the upper income bracket. "A broad-based consumption recovery, therefore, is still some distance away," said Sunil Kumar Sinha, principal economist with India Ratings.
The CBI is tight-lipped about the embarrassing case in which its own officials are under scanner for allegedly taking bribe from bank fraud accused companies, which were being probed by them.
It may be a little early to cheer the recovery in the fast-moving consumer goods (FMCG) space as a deceleration in discretionary demand, after the festival season, may offset fragile rural recovery, analysts have cautioned. "The overall demand environment for staples remains muted, while discretionary demand trends have seen some deceleration after the festival season. "We believe margins in staples have bottomed out, but we expect only a gradual uptick with the ongoing softening in raw material prices.
The WFI had also applied for visas for nine of its coaches but only six received visas.
Gujarat Giants registered their first win of the inaugural edition of the Women's Premier League as they handed Royal Challengers Bangalore an 11-run defeat.
Sluggish rural demand along with higher inflation is set to mute revenue growth of the fast-moving consumer goods (FMCG) sector at 7-9 per cent this fiscal and the next compared to 8.5 per cent in the previous fiscal, a report said. Almost 40 per cent of the Rs 4.7-lakh-crore sector come from the hinterland markets, which have been hit by high inflation, low wages and high job losses since the Covid pandemic. Revenue growth of the FMCG sector will be muted at 7-9 per cent this fiscal and the next compared to 8.5 per cent in the last, while volume growth will be just about 1-2 per cent, down from 2.5 per cent last fiscal, Crisil said in a report on Monday.
Four people, allegedly associated with the Bajrang Dal have been arrested in connection with the assault on two persons at Nargund in Gadag district, one of whom succumbed to injuries.
For those who believed in her talent since Lootera, Dahaad is a truly rewarding experience, observes Sukanya Verma.
Feeble demand in rural areas of the country has affected sales of fast-moving consumer goods (FMCG) in September as compared to August, which saw heavy stocking ahead of the festival season, according to the data of Bizom, a retail intelligence platform. Sales in rural India fell 14.3 per cent while urban sales growth stood at 1.1 per cent in September as compared to the previous month. Overall FMCG sales fell by 9.6 per cent in September as compared to August.
Anxious relatives of several Indians stuck in Sudan following the fighting between the Army and paramilitary forces are eagerly waiting for information about their relatives and appealed to the government to evacuate them from the strife-torn African country as soon as possible.
China's covid crisis could provoke a raw material crunch for India's EV industry later this year.
In match no. 3 of the inaugural Women's Premier League (WPL) season, Gujarat Giants fell to their second straight loss as UP Warriorz opened their campaign with a win at the DY Patil Stadium.
Images from the WPL match between Mumbai Indians vs Gujarat Giants played at the DY Patil Stadium in Navi Mumbai on Saturday
India's star players Smriti Mandhana, Harmanpreet Kaur and Deepti Sharma were on Monday named captains of the three teams for the Women's T20 Challenge to be played in Pune from May 23.
Consumer-focused companies have been left with few options but to increase the prices of their products as input costs mount because of various factors, including supply chain disruptions. This has been affecting monthly household budgets. Prices of scores of items -- from spices to soaps to rice -- have increased in the past year.
International badminton players posted a video where they played different strokes while Bella Ciao, the theme song for Money Heist, plays in the background.
Fast-moving consumer goods (FMCG) sales continued to be lower in June compared to May with urban sales witnessing a steeper decline than rural. Sales of goods from shampoos to biscuits stayed lower due to inflationary pressures on commodities. This pushed consumer companies to continue taking price hikes, thus impacting demand, according to data by Bizom.
Mansi, the Labrador, received an enemy bullet, something which was enough to provoke her handler who started firing relentlessly at the infiltrators in Jammu and Kashmir
This will be the Delhi chief minister's third consecutive term in the wake of the Aam Aadmi amending its constitution in January 2021 to make way for a three-term convenor
The free food scheme is driven by electoral considerations, but its long-term fiscal risks outweigh the short-term gains, cautions A K Bhattacharya.
The Grade B has an annual retainer fee of Rs 30 lakh and veterans such as Jhulan Goswami, Mithali Raj and Deepti Sharma are among 10 players in this bracket.
CBI officer V K Shukla, who is probing the death of Jharkhand Judge Uttam Anand, is among 15 officers of the agency awarded the 'Union Home Minister's Medal for Excellence in Investigation' for the year 2021, officials said Thursday.
Expect fast-moving consumer goods makers (FMCG) to raise prices again next month owing to raw materials, transport, labour and packaging material costs remaining high or becoming even costlier. Whether it is packaged wheat flour and basmati rice or biscuits and shampoos, these products will become 2-10 per cent more expensive. Adani Wilmar will hike the price of its packaged wheat flour by 5-8 per cent and of its basmati rice by 8-10 per cent next month.
Besides, the ongoing war between Russia and Ukraine has also added another blow to FMCG makers as they expect a rise in the prices of wheat, edible oil and crude. Companies such as Dabur and Parle are watching the situation and will undertake calibrated price increases to mitigate the inflationary pressures.
India produced a clinical performance to register a convincing nine-wicket victory over Sri Lanka in the first ODI of the ICC Women's Championship, in Galle, on Tuesday. India produced an incisive bowling effort to bundle out Sri Lanka for a meagre 98 in 35.1 overs after the home side opted to bat first and then chased down the target with consummate ease, reaching 100 in 19.5 overs for the loss of just one wicket.
Special CBI Judge Prashant Kumar passed the order noting that the investigation was at its initial stage, and the accused was required to be quizzed.
The cases pertain to State Bank of India, Punjab National Bank, Andhra Bank, Oriental Bank of Commerce, Indian Overseas Bank, Allahabad Bank, Canara Bank, Dena Bank, Punjab and Sind Bank, Central Bank of India, Union Bank of India, IDBI Bank, Bank of Baroda, Bank of Maharashtra and Bank of India.
Raut jumped eight places to 18th after scores of 62 not out, 77 and 104 not out in her last three matches.
The memorial will come up at the Remount and Veterinary Corps Centre and College in Meerut where the army breeds, rears, and trains dogs, mules and horses.
Reuters photographer Mansi Thapliyal spent time with the families of young girls who have gone missing in India's capital New Delhi, photographing them with their missing daughter's belongings. Between January 1 and May 8, 2013, 725 children in Delhi were reported missing and are untraced, according to data from India's Zonal Integrated Police Network website.
Women's T20 Challenge to be played in Sharjah.
India women produced an all-round effort to spank Bangladesh women by nine wickets in a Super Six match of the ICC Women's World Cup Qualifier, in Colombo on Friday.
To celebrate the special bond between siblings on the occasion of Raksha Bandhan, we invited readers to share special moments they've spent with their brothers/sister. Here are some of the responses we received. Share yours!
Jhunjhunwala bought 30 lakh shares of Man Infraconstruction for Rs 11 cr.
Bipasha lost her final by technical superiority to America's Kylie Renee Welker, who executed 'fitley' move to finish the bout quickly.
Defending champions Brazil advanced to the quarter-finals of the men's Olympic soccer tournament after a 3-1 victory over Saudi Arabia on Wednesday helped them top Group D, while Ivory Coast booked their berth by sending Germany home.
India will play three ODIs in New Zealand beginning January 24 as part of the ICC Women's Championship before playing three T20 Internationals.
For working moms, it is not so much time management, but focus management, notes Mansi Zaveri, founder and CEO, kidsstoppress, a parenting platform.
India bagged as many as 21 medals at the Spanish Para Badminton International in Cartagena, Spain.
Veteran Mithali Raj's retirement from the T20 format paved the way for the induction of youngsters such as 15-year-old rookie Shafali Verma in the Indian women's team for the upcoming home T20 Internationals against South Africa.
