Manufacturing sector activities in India moderated for the second straight month in July as rates of expansion in output and new orders eased slightly, a monthly survey said on Tuesday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) eased to 57.7 in July from 57.8 in June. Despite the fall, the Indian manufacturing sector maintained strong growth momentum at the start of the third quarter amid ongoing buoyant demand, the survey said.
P&G Hygiene and Healthcare's June quarter numbers were better than Street estimates, led by strong sales and robust margins. The company, which owns leading consumer brands like Whisper, Vicks and Old Spice, posted a 12.6 per cent year-on-year (Y-o-Y) growth in sales at Rs 852.5 crore during the quarter. The double digit sales growth, led by expansion of its distribution reach, reverses a sluggish sales graph with three of the last four quarters reporting a fall in sales.
The recent equity market weakness has sobered up investor mood, but the coming festive season is keeping analysts upbeat on stocks related to the consumption basket. Among the lot, fast-moving consumer goods (FMCG), retail, and consumer electronics segments are expected to do well over the next few months, and investors should thus selectively take bets in these pockets, analysts suggest. "We expect good volume growth for the FMCG sector during the festive season with some improvement in rural demand.
Before the monsoon begins, let your system stock up on enough panna.
Tyre stocks have been on a tear over the past six months, with average returns exceeding 45 per cent. Except for Apollo Tyres, which has seen a slight correction in the last month and a half, limiting its gains to 16 per cent, listed peers such as MRF, CEAT Tyres (formerly Cavi Elettrici e Affini Torino), and JK Tyre & Industries have delivered returns exceeding 30 per cent during this period. Production-related constraints and sluggish demand in Europe, where sales are expected to remain flat, coupled with high valuations, have contributed to Apollo Tyres' underperformance. The tyre sector's gains can be attributed to robust growth trends driven by the replacement market, which constitutes more than two-thirds of sales.
A barrage of requests by security agencies to a leading telecom company for telephone tapping led it to say a polite no even to the country's premier external intelligence agency Research and Analysis Wing.
'Just because of my background and poor academic qualifications, most people disbelieve what I have done.'
Green Tomato Days are here. Make the most of them.
The government on Tuesday increased the windfall profit tax on crude oil produced in the country and reduced the levy on exports of diesel. The tax, levied in the form of Special Additional Excise Duty or SAED, on domestically produced crude oil was increased to Rs 9,800 per tonne from Rs 9,050 a tonne, according to an official notification. SAED on the export of diesel was reduced to Rs 2 per litre from Rs 4 a litre and on jet fuel or ATF to nil from Rs 1, the notification said.
In a complete turnaround, industry has favoured the import of around 500,000 tonne raw sugar for re-export after refining, to ensure its presence in the world market despite the bearish price scenario.
These Bollywood beauties who show you how to rock the colour of 2024.
High interest rates, lack of credit, high raw material prices and recession in the US and Europe have hurt the country's cotton textile industry, the Economic Survey said.
His visit comes ahead of the upcoming official trip of Indian Army chief Gen M M Naravane to Nepal in the first week of November. Goel called on Prime Minister Oli at his official residence at Baluwatar on Wednesday evening, the premier's press advisor Surya Thapa told PTI.
Israel Defence Forces (IDF) spokesman Rear Admiral Daniel Hagari has said that Hamas has kept Israel hostages at a hospital basement, and it has evidence including photographs of the same.
'India's emergence as a top crypto market comes despite a regulatory and tax environment that can be challenging for the industry to navigate.'
'Priyanka has done very well in Bollywood and Hollywood. But had she joined politics, it might have been a different story altogether. Given how ambitious she was, she would have made a good youth leader. She might even have launched her own party,' says Sathya Saran
A woman official from the Research and Analysis Wing allegedly tried to commit suicide on Tuesday by consuming poison right outside the Prime Minister's Office in a dramatic incident that brought the country's external intelligence agency in public gaze yet again.The employee, identified as Nisha Bhatia, was posted at the training centre of the RAW in Gurgaon and had alleged sexual harrassment by her superiors.The government has already constituted an inquiry.
'From data on enquiries, we can build what we call a data lake or a data warehouse where data is classified into various cohorts and then we use AI and ML tools to predict demand down the line.'
Shares of MRF crossed a first time Rs 100,000 mark, hitting a record high of Rs 100,300, up 1.4 per cent on the BSE in intra-day trade. on June 13, 2023. The stock surpassed its previous high of Rs 99,879.65, touched May 8, 2023. Thus far in the current calendar year 2023 (CY23), MRF has outperformed the market by gaining 14 per cent on improved financial performance.
Presenting the most-viewed recipes this year.
Not many Indians know how RAW functions, or what life in India's external intelligence agency is like. This is what former Research and Analysis Wing officer Amar Bhushan told Rediff.com in 2012.
The GST Council on Saturday clarified that guarantees provided by corporate to their subsidiaries will attract an 18 per cent GST, while no tax will be levied if a personal guarantee is given by a director to the company. The council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state ministers, also cut the GST rate on molasses to 5 per cent from 28 per cent. It also ceded the right to tax Extra Neutral Alcohol (raw product for making alcohol for human consumption) to the states.
While talk ahead of the Malaysian Grand Prix was all about tyre degradation and the speed-boosting KERS system, Red Bulls's Sebastian Vettel sent out a reminder that raw pace remains the key ingredient to becoming a world champion.
'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'
The recent surge in crude oil prices could shave off the gains made by India Inc in profit margins in the past few quarters. Worse, it comes at a time when consumer demand in the country is slipping and major global economies are witnessing a slowdown. A back-of-the-envelope calculation suggests that the margin expansion accounted for three-fourths of the rise in the listed firms' operating profit between the April-June quarter (Q1) of FY23 and Q1FY24, and only a quarter of profits gains came from revenue growth.
About 16,000 Indian doctors have been rendered unemployed and face expulsion after the British government effected changes in the immigration and employment rules.
The Web series sees 10 gorgeous brides and grooms get ready for their big day, and make it look so spectacular and fashionable!
India's largest commodity bourse - the multi commodity exchange - will launch futures trading in raw jute soon.
A former army officer's plea for the Central Bureau of Investigation probe into alleged corruption in procurement of some electronic equipment for the Research and Analysis Wing and the Special Protection Group has been dismissed by a Delhi court.
'Till today, we don't know how many people died of Covid in India.' 'How many migrated from cities to villages during the Covid pandemic?' 'How many corporates contributed to PM Cares?'
In addition to these temple models, metallic rings, lockets and other cloth items bearing Lord Ram's name are flying off the shelves in Ayodhya, according to shopkeepers.
Pop star Lady Gaga has angered animal rights activists after appearing on the cover of the September issue of Men's Vogue Japan clad in a bikini made of raw meat.
Hurriyat said Dulat's "primary goal was to defame the Kashmir freedom movement and spread lies about it".
Venu Srinivasan, CMD of TVS Motor, believes that margin pressures will continue due to raw material costs. He further states that the company hopes to maintain gross margins in FY07.
'Indian Police Force encapsulates the same spirit, the essence of scale, the essence of action and that riveted rhythm that Rohit Shetty brings about, but is complete with absolute realism.'
Mother Dairy hiked milk prices by Rs 2 per litre in the Delhi-NCR market effective Tuesday, citing an increase in its procurement rate of raw milk from producers. This is the fifth increase in milk prices since March, with the cumulative hike now totalling up to Rs 9 per litre, or 16 per cent, by Mother Dairy -- one of the leading milk suppliers in Delhi-NCR with volumes of more than 30 lakh litres per day. When contacted, R S Sodhi, MD of Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets milk under Amul brand and is a major player in Delhi-NCR, said that there is no plan to increase its milk prices in the near future.
A summer drink for combatting the heat.
The OTT boom has proved a boon for a lot of hibernating '90s beauties as they rediscover themselves in exciting new avatars.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances