The volume growth of India's FMCG industry has slowed down in the March quarter to 5.1 per cent, driven by increased consumer purchases of small-value packs, according to the latest report from data analytics firm NielsenIQ. Volume growth is slowing across categories, and non-food segments are still outpacing food in the FMCG sector.
A strike by Karnataka's state-owned transport corporation employees has severely disrupted bus services across the state, leaving passengers stranded and impacting school, college, and office attendance. The strike persists despite a court stay, as unions demand wage revision and payment of salary arrears.
India's extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in 2011-12 even as the World Bank revised upwards its threshold poverty line to $3 per day.
State-owned banks have received guidance from the government to close Jan Dhan accounts whose beneficiaries are unwilling to keep them active, amid rising instances of such accounts being misused by fraudsters as mule accounts to defraud people, people aware of the development said.
Police in Shahapur, Maharashtra, have registered a case against a school principal and teachers for allegedly forcing female students to strip to check for menstruation after bloodstains were found in a school toilet.
Azizul Haque, a prominent figure in India's Naxalite movement, has died at the age of 83. His passing marks the end of an era in Bengal's radical Left history.
The two priority regions for the Chhattisgarh government to promote its homestay policy are Surguja and Bastar.
The next Census' findings will help identify the extent of India's ageing population and vulnerability levels.
The teenage girl was sexually assaulted and three women were robbed of gold ornaments by two motorbike-borne unidentified persons when the victims were travelling in a car in the wee hours of Monday on a highway in Daund in Pune district, a police official said.
The incident took place around 4:15am near Bhigwan on the highway when the car the victims were travelling in halted after the driver wanted to answer nature's call, the official said.
A woman's desperate pleas for help went unanswered as her husband and two children drowned after a bridge collapsed in Gujarat, India, claiming 10 lives.
In the June 16 advisory, the US urged its citizens to exercise "increased caution" due to crime and rape, and advised them not to travel to certain parts of central and eastern parts of the country due to terrorism.
"I've lost everything... I had only two children, a boy and a girl, and both are gone. My home is empty... There's no one left to play in the courtyard. I wish God had taken me instead and spared my children," she said.
Odisha Police detained several Congress workers ahead of Prime Minister Narendra Modi's visit to the state on Friday.
Hero MotoCorp, a major player in the two-wheeler market, has seen a 9 per cent rise in its stock since the beginning of the month. This increase, driven by the largest motorcycle company by volume, is attributed to expectations of a revival in rural sales due to normal monsoons, government measures to boost consumption, recent market share gains, and a large valuation discount compared to peers. In the near term, the company's volume performance and growth trajectory, particularly in rural markets and entry-level segments, are expected to be key drivers.
Fada estimates that global supply chain headwinds like scarce availability of rare earth elements for electric vehicle components and geopolitical tensions may affect urban consumer sentiment in June as well.
Hero MotoCorp (HMCL) saw strong volume performance in the first quarter of the current financial year (Q1FY25), but margins disappointed due to weak spare part sales and negative electric vehicle (EV) margins. The company hopes for a strong festive season due to better rural sentiment. Revenue grew 16 per cent year-on-year (Y-o-Y) to Rs 10,140 crore, operating profit was up 21 per cent to Rs 1,460 crore, and adjusted net profit grew 19 per cent Y-o-Y to Rs 1,120 crore.
The Maharashtra government will grant legal status to subdivided land parcels up to January 1, 2025, by relaxing and gradually scrapping the land fragmentation law. This decision aims to resolve legal hurdles related to property registration, construction permissions, and ownership for over 50 lakh families.
'We continue to view India as a standout within EM.'
'So my question was, 'What is it that you are proud of? What have you achieved? What is your contribution?' 'He had no answer.'
Sales of fast-moving consumer goods (FMCG) witnessed significant recovery in September after enduring a double-digit decline in August, according to data furnished by Bizom. Kirana stores in rural areas stocked up in preparation for the festival season, which began in September. This, combined with rainfall reaching 113 per cent of the long-perid average for the month, contributed to a boost in sales.
Dabur India has been the worst performer in the fast-moving consumer goods (FMCG) space this year (CY23), posting a 1 per cent decline even as its peer index, the Nifty FMCG, has delivered returns of over 29 per cent in this period.
Commerce Minister Piyush Goyal assures Parliament that India will take necessary steps to protect its national interests following the US announcement of tariffs on Indian goods. The government is assessing the implications and engaging with stakeholders.
While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.
Hiring activity has gained momentum in anticipation of upcoming festivals like Raksha Bandhan, Dussehra, Diwali, seasonal sales and the wedding season.
'I was motivated to do something better -- to improve my life and my parents' lives.'
President Droupadi Murmu's address to the nation on the eve of the 79th Independence Day.
Ganesh Puja in Alibag taluka is about simplicity and minimalism. It's about quiet devotion too.
Manas Sood, a Class 12 student from the Delhi Public School, has distributed 2,650 boxes of Tax City Education and empowered over 12,000 students from 52 schools across India. His aim? To help young Indians understand taxes and become financially literate.
Singapore's state investor Temasek Holdings, which recently picked up 10 per cent stake in Haldiram, has been consistently expanding its footprint in India while slowly withdrawing from China over the last three years amid growing geopolitical risks and economic headwinds. India has become Temasek's third-largest market, after Singapore (27 per cent) and China (18 per cent), with its exposure to the country higher than the rest of Asia Pacific excluding the three (11 per cent), according to Temasek's annual review.
Any industrial policy is only as good as how it is applied and the other reforms that support it. This was as true 40 years ago as it is now, points out Debashis Basu.
'It is good for us if the JMM contests. That will divide the Opposition and give us the upper hand.'
Kangana Ranaut will make her debut in Hollywood with a lead role in the horror drama Blessed Be The Evil, reports Variety.
'My life has been quite difficult. I felt I could see it in words. I thought if everyone else can write, then I can too.'
Senior Congress leader Shashi Tharoor has criticised the Emergency declared by Prime Minister Indira Gandhi in 1975, saying the people of the country responded clearly to the excesses of that period by voting her party out of power by a large margin.
'Investors who remain calm, consistent, and disciplined through short-term volatility are usually the ones who benefit most in the long run.'
The Thane unit of the ATS, with the assistance of the Thane rural police, started searches around 4 am at Padgha and Borivali villages in the district adjoining Mumbai, an official said without giving case details.
Hero MotoCorp, India's largest two-wheeler maker, has seen a decline in its market share in rural areas since 2018, losing ground to major competitors such as TVS Motor Company, Bajaj Auto, and Honda Motorcycle & Scooter India (HMSI), according to data from JATO Dynamics reviewed by Business Standard. Hero's share of rural two-wheeler sales in India has dropped from 40.4 per cent in 2018 to 33.3 per cent in 2023. In contrast, Bajaj's share increased from 12.7 per cent in 2018 to 13.9 per cent, HMSI's from 21.8 per cent to 22.2 per cent, and TVS' from 15.5 per cent to 17.8 per cent. Suzuki Motorcycle India has also seen its share rise from 1.7 per cent to 2.5 per cent.
Ishwak Singh's earnestness and the rustic energy of his mates keeps Mitti engaging, even when it starts to get preachy, observes Deepa Gahlot.
Ritika Gupta, a study abroad expert and founder of Aaera Consultants, explains how Germany's new visa rules will affect international students and working professionals.
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