The launch of instant noodles, honey and plant proteins is part of a larger strategy to cash in on consumer demand for packaged products
Rival consumer goods group P&G last month raised its fiscal 2021 sales growth forecast to a range of 5% to 6%, from 3% to 4%, mainly on the back of a strong first half
It can be noted that there have been apprehensions about the sustainability of the demand after a pick-up in economic activity during the festivities
Pent-up or not, demand yet to fully recover from the pandemic impact
If it does, benchmark palm oil prices are likely to jump to as high as 4,000 ringgit per tonne in January
With supply of mobile chipsets running dry, manufacturers here are left with no option but to hike prices once again, making it the fourth round of increase in 2020
The pick up in economic activity in October is the result of pent-up demand and may not sustain going ahead, domestic ratings agency Icra said on Tuesday. Multiple fast-paced indicators, including GST collections, have been showing a sharp recovery since October, which has also led many analysts to revise their overall GDP forecasts for the fiscal. "We caution that the spikes in production seen in the various sectors in October 2020, are an exaggeration of the true recovery on the ground, as they have been driven by a large component of pent-up demand that may not sustain after the festive period is over," the agency's Principal Economist Aditi Nayar said. The factors which remain to be watched are the pace of government spending in the second half of the fiscal, after the unexpected contraction recorded in the September quarter, she added. The potential re-imposition of restrictions in one or more states on account of a fresh surge in CVID-19 infections, may temper the momentum of
In a Q&A, Chandresh Nigam of Axis Murual Fund says high-frequency indicators on discretionary spends such as auto sales and realty absorption figures point to strong pent-up demand
Four months since unlock began, demand for essentials remains robust but the frenzy is dying down
At the same time, they want the government to focus on job creation, invest in infrastructure, and improve the lives of migrant workers, who faced hardship during the pandemic.
GDP to be flat in FY21, FDI inflow up 13 per cent between April to August 2020, compared to 2019
The bonus will be given in a single installment, through Direct Benefit Transfer, before Vijayadashami, Javadekar said
The LTC tweak and festival advance will nudge government employees to spend Rs 36,000 crore extra this year
Carmakers in India report their dispatch to dealers as their monthly sales figures while globally most report retail sales based on registration data
With a fundamentally transformed consumer, brands need to go hyper-local and reimagine the purchase funnel among other changes: Facebook-BCG
Last week, the government raised its market borrowing programme by a whopping 54 per cent of the Budget estimate to Rs 12 trillion for the current fiscal to fund a comprehensive stimulus package
The Budget's incentives have ignored a large section of middle-class buyers
Sitharaman will place the budget proposals on Saturday and all eyes are set on the government, which is likely to announce measures to revive the economic growth
For India to complete its development transformation, a switch to a broad-based and more inclusive composition of domestic demand is of the first importance
September saw the slowdown in the manufacturing sector - which accounts for 78 per cent of the index