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Akshara Srivastava tracks the Indian consumption story at Business Standard. From fast-moving consumer goods (FMCGs) to offline retail and luxury, along with hospitality and travel, Akshara has a deep interest in uncovering the trends and nuances shaping consumer behaviour across these sectors. She also writes about the Ministry of Consumer Affairs and FSSAI.
Akshara Srivastava tracks the Indian consumption story at Business Standard. From fast-moving consumer goods (FMCGs) to offline retail and luxury, along with hospitality and travel, Akshara has a deep interest in uncovering the trends and nuances shaping consumer behaviour across these sectors. She also writes about the Ministry of Consumer Affairs and FSSAI.
Shradh season adds to caution, slowing retail demand
Air India, IndiGo, Nepal Airlines, and SpiceJet suspend flights; MEA advises Indian citizens in Nepal to stay indoors
Oravel Stays, parent of Oyo, has rebranded to PRISM, a new identity uniting its growing portfolio across budget stays, premium hotels, vacation homes and tech solutions
Firms warn of teething troubles, seek time to rework SKUs and labels
Hotel rooms under ₹7,500 move to 5% slab, will bolster midscale segment
FMCG players plan to cut prices of large packs and raise grammage in smaller packs as soaps, noodles, coffee, ghee and ice cream get cheaper under new GST rates
Direct flights resumption, tourists visas to provide tailwinds for Indian travel and tourism sector
The GST Council has moved several FMCG items to the 5% slab and exempted breads, paneer and milk, a move expected to lower prices, spur consumption and aid festive demand
For those looking to celebrate India's biggest festivals away from home, boutique hotels, heritage properties are curating immersive experiences steeped in tradition, with all the comforts of luxury
Industry hopeful of revival, full festive season may not get impacted
Casio India expects mid double-digit growth and stronger festive demand, while doubling local manufacturing and launching its first automatic watch under the Edifice label
CG Group plans to expand into snacks, sauces, pasta, and seasonings, while pushing healthier variants and scaling trade channels to triple its reach in India
It was found that VLCC was making exaggerated claims of drastic weight loss and inch reduction within a single session, which went far beyond the actual approval granted to the CoolSculpting machine
Niti Aayog proposes a model policy framework to make homestays and BNBs more accessible and to promote tourism growth through simplified registration processes and incentives.
Innovation and consumer experimentation are driving FMCG growth in India, with out-of-home demand, premiumisation, and new launches fuelling both urban and rural adoption
Geetika Mehta, MD of Nivea India, has called for PLI support in the personal care sector and clearer regulatory demarcations between cosmetics and drugs to aid exports and competitiveness
According to the report, the quick commerce segment is projected to reach $35 billion in Gross Merchandise Value (GMV) by 2030
Hospitality majors like IHCL, Marriott, and others are partnering with developers to tap the growing demand for branded residences, as luxury homebuyers drive the trend across metro and tier-II cities
Cofounder says growth driven by three engines: Customers, artificial intelligence, and supply
Relaunched in 2018, Coca Cola had acquired the cumin-flavoured Rimzim from Parle in the 1990s, but is only pressing the pedal on it now. The company did not respond to email queries