Despite near-term headwinds of rising input costs and the possibility of lower demand for products as Covid dented rural & urban India, and impacts both production & consumption, analysts remain bullish on stocks of fast moving consumer goods (FMCG) companies and expect the index to relatively outperform its peers in the second half of fiscal 2021-22 (FY22). In the past one year, prices of key commodities such as groundnut oil, mustard oil, Vanaspati, soya oil, sunflower oil and palm oil have shot up in the range of 20 per cent to 60 per cent, data show. The FMCG sector macros in this backdrop, according to analysts, have further deteriorated because of weakness in consumer demand and likely margin pressure due to elevated crude oil, palm oil and global food prices.
'The potential headwind is that the Indian economy is likely to see a slowdown in growth rates over the next two years.'
As you are stuck at home owing to the coronavirus outbreak, here are eight images that will bring a smile on your face -- even if it's just for a while!
The man had attended a stag party recently in Manali in Himachal Pradesh.
The actor got in a great workout in the New Year.
IMAGES from the English Premier League matches played on Saturday.
To prevent hoarding and check price rise, the Centre on Friday imposed stock limits on all pulses, except moong, held by wholesalers, retailers, importers and millers till October. The stock limits are imposed with immediate effect. An order in this regard has been issued by the Union food and consumer affairs ministry. Retail prices of pulses rose by more than 20 per cent during the January-June period of this year, according to the ministry's data.
Modi said the young and aspirational India understood the need for political stability to achieve faster development and had ended three decades of instability by mere touch of a button.
This Dusshera treat your loved ones to wonderful Indian treats flavoured with chocolate or strawberry.
Brentford scored a stoppage-time penalty through Bryan Mbuemo following Pontus Jansson's header to secure a comeback 2-1 home win over Watford in the Premier League on Friday as they cancelled out a first-half opener from Emmanuel Dennis.
Sunita Harisinghani has the perfect recipe for busy, hungry, people.
Unprecedented scenes of empty churches emerged from Italy and other countries of the world, as religious leaders found creative ways to address parishioners marking the holiday weekend from the confines of their homes.
Battling a sharp surge in inflation, the Reserve Bank is all for a smooth monetary policy response and the desire to have smaller hikes led it to tighten the policy in an off-schedule meet, a source said on Thursday. Inflation has been massively impacted by Russia's invasion of Ukraine and will in due course also reflect the dent caused by Indonesia banning palm oil exports, the source aware of central bank thinking said, indicating that there was no other option but to respond. "The idea is to have a smooth policy response, not to put in large cold turkey responses," the source said, making it clear that the preference is for smaller magnitude responses and not larger ones.
Zombies, high society, avenging monkeys, reincarnation, twins, meteor strikes, you'll be spoiled for choice on OTT this week. Sukanya Verma makes her recommendations:
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.
But Trump is about to announce his candidacy for president in 2024. And it is not clear if Florida Governor Ron DeSantis, the present hero of disenchanted Republicans, or Biden, who says he might seek re-election (but will decide in 2023), can checkmate Trump, notes Shreekant Sambrani.
Ira Trivedi, wellness expert and founder of Yog Love, suggests simple postures to build your strength and improve overall health.
A bench of Justice N Kirubakaran, since retired, and Justice B Pugalendhi, in a recent order also said that in our country 'it is made to believe that Sanskrit alone is Gods' language'.
'Anglo-Indians have played a significant role at the forefront, meeting every challenge to the security of the motherland.' A fascinating excerpt from Barry O'Brien's The Anglo-Indians: A Portrait of a Community.
If you need some cool winter fashion tips, Bollywood is the right place to look up.
People may line up to see Rahul Gandhi, given he is currently, the only major politician speaking of inflation and unemployment in an India bombarded daily by Right-wing delusion. The challenge is how to transfer the goodwill into votes when the object of curiosity is surrounded by usual suspects and sycophants, observes Shyam Menon.
A round-up of Saturday's action in the Premier League.
Curl your hair away from your face rather than towards it if you want a more beautiful, wavy look, suggests Vipul Chudasama, creative director, Ikonic Professional.
Eintracht Frankfurt won the Europa League final after holding their nerve to beat Rangers 5-4 in a clinical penalty shootout as they claimed their first European trophy in 42 years.
Inflation has reappeared as a global issue in both advanced and emerging economies and India needs to be wary of "imported inflation", especially due to high oil prices, according to the Economic Survey 2021-22 released on Monday. "Inflation has reappeared as a global issue in both advanced and emerging economies. "India's Consumer Price Index inflation stood at 5.6 per cent YoY in December 2021 which is within the targeted tolerance band," the survey report presented in the Parliament by Finance Minister Nirmala Sitharaman noted.
'To see India being recognized at a global level at a platform like this... 'I think it says a lot about where we are as a nation and the road ahead for us as a nation.'
'If a politician asks the policeman to do something which is not correct, then why blame the politician?' 'If you do it, then you are equally liable.'
'In Hindi, Mr Modi is unequalled as an exceptionally accomplished orator.'
Every 10 per cent rise in crude oil price will shave off around 0.2 percentage point (pp) from India's GDP growth and widen the current account by 0.3 per cent, says Nomura.
Aliens, serial killers, time loops, disasters, Sukanya Verma gives you your OTT fix of the week.
Acknowledging the strained diplomatic relations between Malaysia and India over his remarks, Mahathir said that it is necessary to speak out on the issues, even though such remarks could be disliked by some.
Swiss brokerage Credit Suisse expects the economy to continue to show positive surprises and record up to 9 per cent growth in the next fiscal. For the current financial year too, the brokerage anticipates growth to be higher than the consensus forecast of 8.4-9.5 per cent, and printing in at around 10.5 per cent. As a policy, Credit Suisse does not provide absolute growth numbers in its forecast.
Images from Premier League matches played on Sunday.
This recipe makes a perfect pre-dinner appetiser.
Does the "story" of a Mani Ratnam film come first or does its "spirit" asks Sreehari Nair.
Long distance love, heroic doctors, murderers masquerading as witnesses, pet-friendly robots, Sukanya Verma gives you your OTT fix of the week, take your pick from this eclectic menu.
Ramapriya Suresh's recipe to make soft, flaky parottas at home.
Yoga expert Sabrina Merchant suggests these healthy asanas for children.
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