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Indian equity markets opened June on a strong note, with Sensex and Nifty rising nearly 1% led by IT gains, despite high oil prices and geopolitical tensions. Global cues were positive as Asian markets rallied and crude oil prices surged

Indian benchmark indices extended losses for a second session amid geopolitical tensions, with Sensex and Nifty falling nearly 0.5 percent. IT, financial and realty stocks led declines, while metal and oil sectors gained. Analysts highlighted pharmaceuticals, FMCG and capital goods as relatively resilient sectors despite market volatility

Major FMCG companies, including Hindustan Unilever, Dabur India and Britannia Industries, are planning calibrated price hikes due to rising crude-linked inflation, packaging costs and fuel expenses. Consumers may also face reduced product grammage amid global supply-chain disruptions

The government is monitoring e-commerce platforms to ensure GST rate cuts on daily essentials are passed to consumers. Authorities are tracking pricing of 54 items, including FMCG products and electronics, amid complaints of inadequate price reductions

The Centre is monitoring whether e-commerce platforms are passing on GST rate cut benefits on FMCG items. Field officers will submit the first report by September 30. The revised GST structure is expected to lower prices for 99 per cent of daily-use goods

The government said GST reforms have rationalised food processing tax rates to 5 per cent, reducing compliance burden, correcting duty anomalies, and making food more affordable. The move is expected to boost demand, encourage investments, strengthen MSMEs, and create jobs across the sector

Bernstein predicts India’s consumption will get a boost from the government’s GST rate cuts. Personal care, home care, FMCG, grocery retail, footwear, apparel, and quick-service restaurants are expected to gain from the revised tax structure, which lowers GST on key items.

Wilmar to use its core edible oil business as a foundation for FMCG growth, to introduce more global FMCG brands into Indian market

Investors would watch out for the US Consumer Confidence number for the month of September and New Home Sales data for the month of August that would be released later in the day, he added.

The financial impact reached a colossal Rs 58,521 crore (up from Rs 22,230 crore) across five critical industries which included alcoholic beverages, mobile phones, FMCG-household and personal goods, FMCG-packaged foods and tobacco products.

Hyderabad: If harsh restrictions are not imposed on business operations more than 65 per cent of the employers from Hyderabad are keen on hiring talent in the current quarter. The city has also recorded growth in intent to hire, with 12 per cent rise in intent to hire over the last quarter. TeamLease Services, in […]

Hyderabad: A webinar on ‘Dealing with a 4X to 12X Performance Variance in the FMCG and FMCD Salesforce’ was organised by the People Performance Consulting Company, TMI Group to discuss the cause and solutions to manage people performance variance. The webinar focused on two key aspects of performance variance-FLEM Performance Modelling and its Challenges, and […]

Hyderabad: Multiple factors including economic recovery, earnings improvement, import substitution, China-plus strategy, improvement in corporate capex, and recovery in demand are making a positive impact on the stock market. The optimism in the market is here to stay in the coming quarters, says an expert. Rajesh Cheruvu, chief investment officer, Validus Wealth, told Telangana Today, […]

The announcement comes within weeks of the State government announcing its policy to promote oil palm cultivation

Crisil estimate is based on an analysis of 300 companies, which account for 55-60 per cent of the market capitalisation (excluding financial services and oil companies)

The MyBillBook app is a simple-to-use GST billing, inventory management, AR/AP management and mobile accounting app.

In an investor presentation, the company also said categories such as skin care and colour cosmetics, which slowed down last year will also rebound.

Some losses were witnessed in the IT, FMCG and Pharma indices while Metal, Realty Banking and Auto space traded in the green.

Hyderabad-based company’s G-FP additive helps industry save 7,500 trees in the last 2 years

Disruption drives us to the creative arena and forces us to create solutions with more flexibility