Leading FMCG companies have announced a price cut on their products, including soaps, shampoo, baby diapers, toothpaste, razors, and after-shave lotions, effective from September 22 to extend the GST rate cut benefits to consumers. Firms such as Procter & Gamble, Emami and HUL have come up with new price lists which have been communicated to their respective distributors and consumers through their respective websites.
Several fast-moving consumer goods (FMCG) companies have said that they would pass on the full benefit of goods and services tax (GST) rate cuts to consumers starting September 22. Dairy major Mother Dairy, on Tuesday, announced rate cuts in products spanning its portfolio-- from milkshakes to paneer and jams to frozen products under its Safal brand.
Daily essentials and food products will be cheaper from Monday, as leading FMCG companies have slashed prices, extending GST cut benefits to consumers.
FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a 5.97 per cent rise in its consolidated net profit to Rs 2,768 crore for the June quarter of FY26, helped by gains from a re-estimation of taxes paid in the previous year. The company had logged a net profit of Rs 2,612 crore in the April-June quarter a year ago, according to a regulatory filing from HUL, the maker of popular brands as Dove, Lifebuoy, Lux, Lakm, and Sunsilk.
HUL managing director Rohit Jawa's total remuneration in FY25 has witnessed an increase of 3.75 per cent to Rs 23.23 crore, according to the latest annual report of the FMCG major. Jawa's annual package included a salary of Rs 3.65 crore, allowances of Rs 11.45 crore, a bonus of Rs 3.78 crore and a perquisite long-term incentives of Rs 2.76 crore.
The deal was signed by representatives of Bru, the central, Tripura and Mizoram governments in presence of Union Home Minister Amit Shah. Under the agreement, over 30,000 Bru tribals will live in Tripura permanently, Shah said.
The Reang tribes left Mizoram and took shelter in six camps at Kanchanpur subdivision in North Tripura following fierce ethnic violence between the minority Reangs and majority Lushais (Mizos) in October 1997.
At least 13 Reang-Bru refugees from Mizoram sheltered in Naisinghpara camp in north Tripura district, nearly 200 km from Agartala, were on Saturday killed in an accidental fire, a top police official said. "Fire broke out at nearly 12 noon and soon engulfed the camp. Thirteen charred bodies of men, women and children have been recovered so far," Deputy Inspector General Police (Control) Nepal Das said.
Union Home Minister Amit Shah on Wednesday held discussions with Tipra Motha supremo Pradyot Kishore Debbarma, in the presence of Bharatiya Janata Party president J P Nadda, over various issues faced by the indigenous people of Tripura, a senior leader of the saffron party said.
Shah said the ULFA, the oldest insurgent group of Assam, agreed to abjure violence, disband the organisation and join the democratic process.
A total of 246 militants of United Gorkha People's Organisation and Tiwa Liberation Army formally surrendered before Assam Chief Minister Himanta Biswa Sarma in Guwahati on Thursday.
A large number of people had gathered on the NH 08 at Panisagar and blocked it, demanding to call off the resettlement planning of the government. The Joint Movement Committee (JMC) comprising Bengalis and local Mizos had observed five days strike from Monday on the issue and blocked NH8 Saturday.
He said that the countrymen will be thrilled to know that insurgency in the North-East has considerably reduced.
The groups were asking for Shashank's ouster over a row on allowing Bru voters lodged in Tripura relief camps to exercise their franchise from there.
A total of 69.96 per cent of 28.13 lakh voters exercised their franchise in the Tripura assembly elections till 3 pm on Thursday, amid sporadic incidents of violence, Chief Electoral Officer (CEO) Gitte Kirankumar Dinakarrao said.
The agitation demanding his removal had been launched on Tuesday and resumed Wednesday morning by a large number of Young Mizo Association members in front of the CEO's office from 8 am. The protestors later dispersed.
A tripartite agreement among five insurgent groups of Assam, the Centre and the state government was signed on Saturday to end years of violence in the Karbi Anglong region.
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.
The Election Commission on Tuesday deferred the polling date for election to the lone Lok Sabha seat in Mizoram and by-poll to Hrangturzo assembly seat to April 11 from April 9 in view of a state-wide bandh called against exercise of franchise by Bru voters lodged in Tripura camps through postal ballots.
Prime Minister Narendra Modi on Thursday said efforts are on to remove AFSPA completely from the northeast region.
The prime minister told the MPs that the northeast is very close to his heart and his love for the region is very natural. Quoting Modi, Rijiju saidthe PM asserted that he doesn't look at the region from the prism of politics.
German veteran Tommy Haas provided a reminder of his claycourt skills to beat Stanislas Wawrinka on Thursday and reach the quarter-finals of the Rome Masters where Rafael Nadal and Andy Murray will resume their rivalry.
2012 was a year of disaster, both man-made and natural, in Mizoram and an acute shortage of essential commodities throughout the year added to people's woes while the vexed issue of repatriation of Bru refugees continued to haunt the government.
The nation belongs to Muslims as much as it does to others, Modi said, accusing the Opposition of spreading confusion among them about the law.
Four of the six accused in the gang-rape of a Delhi student live in Ravidas Camp slum in RK Puram area of South Delhi. Rediff.com's Priyanka visits the basti to get reactions from their family and neighbours.
India's Somdev Devvarman sailed into the second round of the men's singles event at the French Open with a 6-3 6-3 7-5 win over Daniel Munoz-De La Nava of Spain at the Roland Garros in Paris.
Prime Minister Narendra Modi laid the foundation stone laying ceremony of the Manipur water supply project via video link.
A joint team of the army and police gunned down seven tribal militants on Friday morning in an encounter inside a dense forest along the Assam-Mizoram border in Karimganj district of South Assam.
HUL global CEO, Paul Polman, on his third visit to India in little over a year, said his company's 170,000 employees across the globe and he were fast learning "how to climb mountains, as the market place was no longer a smooth surface".
Polling in Madhya Pradesh was marred by complaints of faulty EVMs and voter verifiable paper audit trail machines.
Hindustan Unilever already has operations across the world. It is therefore consistently improving its product mix to introduce premium variants in its product portfolio. In the April-June quarter, the company launched premium products.
Marandi was the chief minister of Jharkhand from November 2000 to March 2003.
Andy Roddick battled past feisty Argentine Guillermo Coria to book the last semi-final berth at the ATP Masters Cup.
In MP, the Congress is hoping for a comeback, while in Mizoram, the BJP looking to defeat the Congress in its last bastion in the Northeast.
Names such as Danone, Dabur, Mondelez and Abbott Healthcare have also figured on the list of suitors.
Unlike global majors like Lindt and Godiva no standalone Indian chocolate boutiques have expanded into a national chain yet. ITC plans to change that with its luxury chocolate brand Fabelle, says Avishek Rakshit.
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