Lower income groups earning less than Rs 100,000 a year are yet to recover as are those earning between Rs 100,000 and Rs 200,000.
Higher inflation has again become a matter of concern for fast-moving consumer goods (FMCG) companies. After prices of commodities like sugar and wheat moved higher and stabilised at those levels, the crude oil too surged, adding to FMCG firms' worries. Besides, a dry spell in August in the ongoing monsoon season impacted rural demand.
In a strongly worded statement, Kumar deplored the journalist-turned-politician's participation in a function where "even your Chairman, the Honourable Vice President, was not present".
It has noted that melting glaciers due to any impact of climate change will not only severely affect the flow in Himalayan river system but will also give rise to natural disasters.
The panel said that vacant posts in the CBI are not being filled up at the required pace and recommended that "every effort should be made to fill up vacancies at the earliest".
The Vile Parle police station in north west Mumbai celebrated Ganesh Chaturthi with an idol of Lord Ganesha dressed as a police officer!
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.
A young couple sharing a laugh - in the living room over a Polish joke book, on the beach, in the rain - with the tagline, "Made for each other", hung from billboards at prominent street corners from the 1960s to the 1990s. It was a campaign for one of the largest selling cigarette brands in India, Wills (Navy Cut) from the ITC stable, that resonated with a generation of smokers and non-smokers alike till the curtains came down on tobacco advertising in 2004. As we prepare to welcome 2024, ITC has metamorphosed from a tobacco giant into a conglomerate straddling multiple large-sized businesses. In the mind space of Gen Z or millennials, the company represents a gamut of branded products - from frozen food (ITC Master Chef), noodles (YiPPee!), and cookies (Sunfeast) to snacks (Bingo!) and notebooks (Classmate), and so on and so forth.
Addressing a press conference, Congress general secretary Jairam Ramesh said efforts are being made since the last few days that a 'formula' or middle path is found with both the Opposition and the government relenting.
Congress leader Adhir Ranjan Chowdhury's 'rashtrapatni' remark snowballed into a major political row on Thursday with the Bharatiya Janata Party accusing the opposition party of insulting President Droupadi Murmu and demanding that Congress chief Sonia Gandhi should apologise to the nation.
On Oct 14, the Maharashtra unit of FDA had ordered recall of entire stock of Kachha Mango Bite from the marketplace.
With Onam and Raksha Bandhan just around the corner, the festival season is ready to kick off in full swing. As people embrace the celebratory spirit, companies anticipate a surge in sales this year. Consumer durables firms are expecting strong growth of 40-50 per cent in the premium segment during the upcoming season. Appliance makers also foresee increased demand for cooling appliances - refrigerators and air conditioners - which were impacted by unseasonal rainfall.
Only 68 MPs voted in favour of the motion, it said, giving the 72-year-old President a comfortable victory.
Parle Agro had sold its popular and iconic soft drink brands namely Thums Up, Limca, Gold Spot and Citra, to Coca-Cola in 1993 and had also signed a non-compete agreement for 10 years.
For five decades now, Bourbon and Britannia have gone hand in hand. The Wadia family-controlled company lords over 70 per cent of the popular biscuit category. The rest of the market is with about half a dozen other brands.
Monsoon session of Parliament to begin from Monday, July 18, 2022.
Parle Agro, which sells beverages such as Frooti in small tetra packs, has already started importing paper straws. Dabur India, which sells its fruit juices in tetra packs under the brand Real, is also considering importing paper straws.
However, members requested the government and the presiding officers of both the House to end the proceedings early citing the festive season and New Year celebrations ahead.
It will coordinate with forensic experts to determine the type of explosive that was used in the blast, which killed a woman.
It noted that the government could not accurately anticipate the gravity of the possible resurgence of the pandemic and its subsequent waves.
Jiomart B2B is the latest among organised supply-chain companies to bite the bullet, shutting down its warehouses, and asking its employees to leave. Why are companies finding it difficult to sustain the supply-chain business? Experts point out that gross margins in supplying fast-moving consumer goods (FMCGs) are very low.
With authorities not granting permission for a tent, five MPs slept under the sky as a protest against the suspension of 24 MPs, 20 from Rajya Sabha and four Congress members from Lok Sabha.
Laws, he said, are meant to facilitate justice for the common people and not trouble them. They are meant to prescribe certain mechanisms to ensure that the life of common people is as normal as possible.
Over the last 50 years, the number of sittings of Parliament has been declining and has halved since the 1950s and the 1960s, the report stated.
The government had aimed at completing the new Parliament building before the winter session which usually starts from the third week of November.
'The focus on easier access and faster delivery is creating a new consumption pattern that allows consumers to satisfy their last-minute cravings and restock essentials at the click of a button.'
The Standing Committee on Water Resources has recommended renegotiating the Indus Water Treaty with Pakistan to address the impact of climate change on water availability in the river basin and other challenges which are not covered under the agreement.
During the 13-minute special session, Dhammika Dassanayake, ecretary general of Parliament, announced the vacancy for the post of president.
In its report, the panel asked it to 'enlighten it' whether the term 'central government' or 'Union government' was used at the time of framing of the Constitution.
Fast-moving consumer goods (FMCG) sales in rural areas witnessed a sequential recovery in the latter half of December, according to data by retail intelligence firm Bizom. Also, demand witnessed in the previous month compared to November was higher from tier-3 cities than mega cities. Overall demand from rural areas declined 0.2 per cent on a month-on-month basis in December while it was down 17 per cent in November, according to Bizom's data.
TMC's Dola Sen and Mausam Noor were there at the site till midnight.
During the financial years between 2012-13 to 2021-22, the federal probe agency filed a total of 3,985 criminal complaints under the Prevention of Money Laundering Act and 24,893 under the civil law of the Foreign Exchange Management Act.
The bill was passed by a voice vote after Shah sought to allay concerns raised by the Opposition, which claimed the draft law was "draconian".
In his address to the joint sitting of both Houses of Parliament at the start of the Budget Session, Kovind said the Rs 64,000 crore PM Ayushman Bharat Health Infrastructure Mission will prepare the country for a health crisis in the future.
Speaking to reporters at the Imphal airport, Singh said the announcement on the new chief minister is delayed as Parliament is in session now.
Ahead of the budget session of Parliament, more than 400 Parliament staff members tested positive for COVID-19, according to official sources.
Replying to a debate on the bill, Jaishankar said all members who spoke on the proposed legislation recognised that terrorism is a serious threat and so are weapons of mass destruction.
Opposition leaders and activists have accused the government of distorting the national emblem by replacing the 'graceful and regally confident' Ashokan lions with those having menacing and aggressive posture, and sought immediate change.
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