The FMCG industry in India achieved a 10.6% growth in value terms in the December quarter of 2024, driven largely by rural markets, which have surpassed the large urban markets in growth for the fourth consecutive quarter. Festive demand and consumption-driven growth played a key role, with overall volume up 7.1% despite inflationary pressures. However, the industry also saw a "preference shift of consumers towards smaller packs" due to high food inflation. Local manufacturers continue to outperform larger FMCG companies, fueled by consistent volume growth.
India's fast-moving consumer goods (FMCG) sector grew 5.7 per cent by value and 4.1 per cent by volume in the July-September quarter driven by rural demand, consumer intelligence firm NielsenIQ said in its quarterly update on Thursday. Price-led growth stood at 1.5 per cent. According to NielsenIQ data, rural volume growth outpaced urban markets for the third straight quarter despite consumption softening in both regions.
More than two decades after deserting their village due to Maoists, around 25 tribal families are planning to return to their native place in Chhattisgarh's Narayanpur district.
Rakul Preet makes a heartstopping entry in a thigh-high slit skirt designed by Ritika Mirchandani.
Glimpses of Pongal being celebrated in Chennai, Hyderabad and Mumbai on Sunday, January 15, 2023.
A women offers prayers to the Sun God on the occasion of the Chhath Puja in Bhubaneswar.
Call Me Bae is a spirited new addition in guilty pleasures for the fashion-loving, rom-com starved soul, applauds Sukanya Verma.
The entire census and NPR exercise is likely to cost the government over Rs 12,000 crore, the officials said.
Six episodes are not enough, applauds Deepa Gahlot.
The Adani group on Monday said it will offer eligible residents of the Dharavi slum clusters new flats measuring 350 sq ft. The Adani group, which is redeveloping Dharavi slums in collaboration with the Maharashtra government, claimed the flat size was "17 per cent more" than what is offered as part of slum redevelopment projects. The new flats will have a kitchen and toilet, Adani said in a statement, adding that earlier, the dwellers of informal settlements were given houses measuring 269 sq ft.
'After Diwali, I don't see this trend of re-releases going forward. We won't have that window to re-release films because of the kind of movies that are slated to be released.'
The Adani Group, which won the Dharavi Redevelopment Project from the state government last year, on Monday said it has onboarded three city planners, including Hafeez Contractor, to present a draft redevelopment plan for the largest slum cluster in Asia. In a statement, the group, which has promised to invest Rs 21,000 crore in the first phase, has roped in world famous architect Hafeez Contractor, design firm Sasaki, and consultancy firm Buro Happold as city and infrastructure planners for the project.
Reliance Industries Chairman Mukesh Ambani has received a threat email from an unidentified person seeking Rs 400 crore, police said on Tuesday.
'I'm just trying to keep my head down and hope people like my work.'
India's fast-moving consumer goods (FMCG) sector witnessed growth in rural consumption in volume terms outpace urban consumption for the first time in five quarters, in the January-March period. According to a report from consumer intelligence firm NIQ, rural consumption grew at a rate of 7.6 per cent year-on-year (Y-o-Y) in Q1CY24, overtaking that in urban areas which stood at 5.7 per cent.
'You can focus on Vande Bharat but focus on the common man too.' 'You can have both. They are mutually exclusive.'
'We are in a position to start due diligence and private data room access shortly.'
The second edition of the Women's Premier League (WPL) is likely to follow a multi-city format similar to the IPL and the matches may be played across Mumbai and Bengaluru.
Mumbai Indians skipper Harmanpreet Kaur feels adapting to different conditions will be vital to defending the title in the upcoming Women's Premier League, which is scheduled to be played in Bengaluru and New Delhi from February 23 till March 17.
The Israel-Hamas conflict is expected to impact the trade of gems and jewellery between India and Israel, exporters said on Monday. Colin Shah, MD, Kama Jewelry, said the war can "adversely" impact Indian exports to Israel. Total gems and jewellery trade between India and Israel stood at $2.04 billion in 2022-23 as against $2.8 billion in 2021-22.
The players' auction ahead of the 2024 edition of the Women's Premier League (WPL) will be held on December 9 in Mumbai, the BCCI announced on Friday.
The second season of Illegal is neither gripping nor realistic, rues Namrata Thakker.
They took whopping fashion risks and were greatly rewarded.
'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'
Billionaire Gautam Singhania on Monday announced separation from wife Nawaz, saying the two have decided to pursue different paths. Singhania, 58, had married Nawaz Modi, daughter of solicitor Nadar Modi, in 1999. "This Diwali is not going to be the same as many in the past," Singhania, chairman and managing director of textiles-to-real estate conglomerate Raymond Ltd, said in social media posts.
A list of watchable Hindi legal shows and films on OTT, in order of release.
YOUNITY, a flash mob tribute to the cultural diversity of India, was conducted by the Rotaract Club of Mumbai's H R College at the Mumbai Central railway station on Thursday, September 22, 2022.
Announcing the bi-monthly monetary policy, Reserve Bank of India Governor Shaktikanta Das said the RBI's internal survey says manufacturing, services and infrastructure sector firms are optimistic of the business outlook.
Lata Mangeshkar's amazing and glorious life paused at 8.12 am on February 6.
Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.
Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.
Consumer goods firms and auto companies are witnessing an upturn in rural demand, which had been lagging for most of FY24. Expectations of a bumper rabi crop harvest have helped turn the tide. The Reserve Bank of India's (RBI's) Monetary Policy Committee kept the repo rate unchanged last week, noting that as rural demand catches up, consumption is expected to support economic growth in 2024-25.
Newly crowned Miss Universe Harnaaz Sandhu interacts with the media in Mumbai, December 23, 2021.
Koffee With Karan season 7 comes to an end this week and the finale episode promises to be just as dhamakedaar with four comedians taking the couch.
Shocked Japanese paid homage to Abe Shinzo at the site near Yamato-Saidaiji in Nara, western Japan, where the former prime minister was assassinated on Friday, July 8, 2022, morning.
Producer Guneet Monga and her fiance Sunny Kapoor threw a grand cocktail party on Sunday, December 11, a day before their wedding.
The Indian economy is projected to grow at 6.3 per cent in current financial year aided by investment and domestic demand. According to a World Bank report released on Tuesday, India continues to show resilience against the backdrop of a challenging global environment. In India, which accounts for the bulk of South Asia region, growth is expected to remain robust at 6.3 per cent in 2023-24, India Development Update of the World Bank said.
Regional and local fast-moving consumer goods (FMCG) brands are gaining momentum at the cost of national brands for the second quarter in a row. Consumer brands are now losing out on share, especially at the mass end of the market. Local brands have been able to capture market share as prices of raw materials are lower.
