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Friday, February 07, 2025 | 06:49 PM ISTEN Hindi

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Consumer Demand

Analysts cut targets for Trent amid slowing growth, weak consumer sentiment

While Trent reported strong profit and revenue growth, several brokerages have slashed their target prices, citing slowing growth momentum and weak consumer sentiment

Analysts cut targets for Trent amid slowing growth, weak consumer sentiment
Updated On : 07 Feb 2025 | 9:23 AM IST

Slower corporate wage growth impacts consumer demand in India

Effects of single-digit salary growth for 3 qtrs on consumer spending are now palpable

Slower corporate wage growth impacts consumer demand in India
Updated On : 27 Nov 2024 | 11:31 PM IST

Rural demand rises but urban areas 'slow down'; will it impact GDP growth?

While rural demand has shown an uptick, rising food inflation and a slowdown in credit growth pose challenges, potentially dampening the country's growth in the second quarter of 2024-25

Rural demand rises but urban areas 'slow down'; will it impact GDP growth?
Updated On : 29 Oct 2024 | 12:24 PM IST

Best option is to double down on market strategy, says P&G India

On the PGHH call, Mrinalini Srinivasan, CFO, said that positive trends are finally emerging in the Indian fast-moving consumer goods (FMCG) industry, both in urban and rural areas

Best option is to double down on market strategy, says P&G India
Updated On : 18 Sep 2024 | 10:28 PM IST

China's ultra-long treasury bonds' use fuels expectations for more stimulus

After unshackling the economy from three years of Covid-19 restrictions, Chinese officials had hoped that stimulating the industrial sector would stabilise the job market

China's ultra-long treasury bonds' use fuels expectations for more stimulus
Updated On : 26 Jul 2024 | 10:21 PM IST

Budget 2024: India Inc awaits consumer demand uptick to go on capex spree

CEOs expect govt capex of Rs 11.11 trillion to boost demand

Budget 2024: India Inc awaits consumer demand uptick to go on capex spree
Updated On : 25 Jul 2024 | 1:25 AM IST

Earnings upgrade, valuation uptick for consumer companies' stocks

Increasing trends of premiumisation and volume growth may also expand operating margins by 50-75 basis points, despite higher marketing expenses and competition

Earnings upgrade, valuation uptick for consumer companies' stocks
Updated On : 05 Jul 2024 | 11:53 PM IST

Dabur sees sequential improvement in consumer demand, rural growth in Q1

Demand trends witnessed sequential improvement in the June quarter, with rural growth picking up, homegrown FMCG major Dabur said on Friday. Moreover, with a forecast of a normal monsoon and continued focus by the government on macroeconomic growth, "we expect the improvement to accelerate in the coming month," the company said in an update for the quarter ended June 30, 2024. The domestic business is expected to record mid-single-digit volume growth and its consolidated revenue is expected to register mid-to-high single-digit growth during Q1 FY25, said Dabur, which owns brands such as Dabur Chyawanprash, Dabur Honey, Dabur PudinHara, Dabur Lal Tail, Dabur Amla, Dabur Red Paste, Real and Vatika. "In India business, HPC (home and personal care) & Healthcare segment is expected to grow in high-single digits," it said. Travel and out-of-home consumption were impacted due to scorching summers, which had an impact on our beverage segment although the food (culinary) category showed ...

Dabur sees sequential improvement in consumer demand, rural growth in Q1
Updated On : 05 Jul 2024 | 10:14 PM IST

Japan to have a shortage of 1 million foreign workers in 2040: Think tank

Foreign workers are crucial to Japan's economy as they help to fill a severe labour shortage

Japan to have a shortage of 1 million foreign workers in 2040: Think tank
Updated On : 04 Jul 2024 | 12:01 PM IST

Concorde acquires 1.6 acre land in Bengaluru for Rs 200 cr housing project

Realty firm Concorde on Thursday said it has acquired a 1.6-acre land parcel in Bengaluru to develop a housing project with a revenue potential of Rs 200 crore. "Set to be a premium high rise residential complex, this joint development will have a gross development value (GDV) of Rs 200 crore," the company said in a statement. The proposed project, located on Sarjapur road, will have a developable area of around 2.25 lakh square feet. "This acquisition reinforces our commitment to delivering innovative and high-quality living spaces that meet the evolving needs of modern homebuyers in strategic locations," Nesara B S, Chairman at Concorde, said. To expand business amid strong consumer demand, real estate developers are buying land outright and are also forming partnerships with landowners to develop projects. Concorde is one of the leading real estate firms in the country.

Concorde acquires 1.6 acre land in Bengaluru for Rs 200 cr housing project
Updated On : 27 Jun 2024 | 3:58 PM IST

Rural demand picking up, likely to hold this year: RBI Governor Das

RBI guv says premature to change stance, FY24 CAD may be less than 1%

Rural demand picking up, likely to hold this year: RBI Governor Das
Updated On : 19 Jun 2024 | 12:08 AM IST

Urban demand slows down for FMCG products as rural picks up steam

According to Kantar Worldpanel, rural has overtaken urban growth at the quarterly level quicker than expected

Urban demand slows down for FMCG products as rural picks up steam
Updated On : 13 May 2024 | 11:17 PM IST

After 5 quarters, rural FMCG consumption outpaces urban: NIQ report

While there is a consumption slowdown in urban markets and modern trade channels, rural markets and traditional trade registered an uptick, said NIQ

After 5 quarters, rural FMCG consumption outpaces urban: NIQ report
Updated On : 07 May 2024 | 11:54 PM IST

China industrial overcapacity has peaked as global demand picks up: EIU

Overcapacity pressure is milder in electrical machinery including batteries and solar panels, the automotive sector and pharmaceuticals, the EIU said

China industrial overcapacity has peaked as global demand picks up: EIU
Updated On : 15 Apr 2024 | 9:04 PM IST

Decoding GDP numbers: Consumption sluggish, govt capex powers investment

According to the latest gross domestic product (GDP) data released by the National Statistical Office on Thursday, private final consumption expenditure (PFCE) grew at 3.5 per cent in the December qtr

Decoding GDP numbers: Consumption sluggish, govt capex powers investment
Updated On : 29 Feb 2024 | 11:56 PM IST

India to mitigate slowing Apac growth on robust domestic demand: Moody's

Moody's Investors Service on Tuesday said growth in Asia Pacific will decelerate in 2024 as a downshift in China's growth trajectory will spill over in the region through trade in goods and services, but India will be able to mitigate the challenge aided by robust domestic demand. In a report on Asia-Pacific, Moody's said the region is marked with a heavy calendar of elections in 2024, notably in India, Taiwan, Indonesia, Korea and Bangladesh. "The election outcomes will either facilitate domestic policy continuity or lead to increased polarization, and have a bearing on geopolitical relationships," said a Moody's report titled 'Growth headwinds, tight funding and geopolitics will define 2024 conditions'. It said a downshift in China's economic growth rate and a cyclical slowdown in the US will weigh on Asia-Pacific (APAC)'s credit conditions in 2024. Peaking inflation globally will provide space for monetary tightening cycles to slow, but financial conditions will remain difficult

India to mitigate slowing Apac growth on robust domestic demand: Moody's
Updated On : 06 Feb 2024 | 8:05 PM IST

Abbott Q3 results: Profit rises 26% to Rs 311 cr on strong demand

The company, which makes popular antacid medicine Digene, said its profit rose to 3.11 billion rupees ($37.5 million) from 2.47 billion rupees a year earlier

Abbott Q3 results: Profit rises 26% to Rs 311 cr on strong demand
Updated On : 01 Feb 2024 | 6:48 PM IST

Power consumption rises nearly 6% to 133.83 billion units in January

India's power consumption grew nearly six per cent to 133.83 Billion Units (BU) in January 2024 as compared to the year-ago period, according to government data. In January 2023, power consumption stood at 126.30 BU, higher than 111.80 BU recorded in the same month a year ago, the data showed. The peak power demand met -- the highest supply in a day -- rose to 222.32 GW in January 2024. The peak power supply stood at 210.72 GW in January 2023 and 192.18 GW in January 2022. Experts said that power consumption as well as demand improved in January as mercury fell sharply in the month, especially in North India. The cold wave resulted in increased use of heating equipment like heaters, blowers and geysers which led to increase of power demand as well as consumption. The power ministry had estimated the country's electricity demand to touch 229 GW during the summer in 2023. The demand did not reach the projected level in April-July due to unseasonal rains. The peak supply, however,

Power consumption rises nearly 6% to 133.83 billion units in January
Updated On : 01 Feb 2024 | 4:38 PM IST

GCPL Q3 results: Net profit rises by 6.3% to Rs 581 cr, revenue up 1.54%

FMCG major Godrej Consumer Products Ltd on Wednesday reported a 6.35 per cent increase in consolidated net profit to Rs 581.06 crore in the December quarter, aided by volume growth in the domestic market. It had posted a net profit of Rs 546.34 crore in the year-ago period, said Godrej Consumer Products Ltd (GCPL) in a BSE filing. Revenue from the sale of products of the Godrej group's FMCG arm was up 1.54 per cent to Rs 3,622.80 crore in the third quarter of the ongoing fiscal. It was Rs 3,567.72 crore in the corresponding period of the last fiscal. GCPL's total expenses in the December quarter was down 1 per cent at Rs 2,939.39 crore. Total revenue of GCPL during the quarter was Rs 3,729.72 crore, up 2.4 per cent. GCPL Managing Director and CEO Sudhir Sitapati said, "We continued to deliver steady performance in the third quarter despite challenging market conditions." "Our consolidated volumes grew 8 per cent, led by the India business growing volumes at 12 per cent and Indone

GCPL Q3 results: Net profit rises by 6.3% to Rs 581 cr, revenue up 1.54%
Updated On : 31 Jan 2024 | 8:25 PM IST

Blue Star Q3 results: Profit jumps to Rs 100 cr on strong festive demand

The company posted a consolidated net profit of Rs 100 crore ($12 million) for the three months ended Dec. 31, up nearly 72% from last year. Revenue from operations rose about 25%

Blue Star Q3 results: Profit jumps to Rs 100 cr on strong festive demand
Updated On : 30 Jan 2024 | 11:52 PM IST