Business Standard

consumption

Demand recovery hopes, valuations to support Hindustan Unilever stock

The FMCG sector is hoping for demand recovery with hopes of a better monsoon helping rural demand and expectations of a pro-consumption Budget

Demand recovery hopes, valuations to support Hindustan Unilever stock
Updated On : 16 Jul 2024 | 10:15 PM IST

Singapore Food Agency approves 16 species of insects for human consumption

Singapore's food watchdog on Monday said it has approved some 16 species of insects like crickets, grasshoppers and locusts for human consumption, adding to the internationally-renowned menu of global foods including Chinese and Indian dishes in the multi-ethnic city-state. The much-awaited announcement comes to the delight of industry players who have been gearing supply and catering in Singapore to insects grown in China, Thailand and Vietnam, The Straits Times newspaper reported. The approved insects include various species of crickets, grasshoppers, locusts, mealworms and silkworms. The Singapore Food Agency (SFA) said that those intending to import or farm insects for human consumption or livestock feed must meet SFA's guidelines, including providing documentary proof that the imported insects are farmed in regulated establishments with food safety controls and are not harvested from the wild. Insects that are not on SFA's list of 16 will have to undergo an evaluation to ensur

Singapore Food Agency approves 16 species of insects for human consumption
Updated On : 08 Jul 2024 | 2:39 PM IST

K-shaped recovery keeping retail real estate on its toes, say experts

Consumption by a wider section of society needed, they say

K-shaped recovery keeping retail real estate on its toes, say experts
Updated On : 02 Jul 2024 | 7:15 PM IST

ITC adds 68 crorepati employees in FY24; 24.11% increase from last year

The addition in the eight-figure bracket reflects the scale of ITC's operations and spread in newer categories

ITC adds 68 crorepati employees in FY24; 24.11% increase from last year
Updated On : 29 Jun 2024 | 12:05 AM IST

US inflation cools in May; consumer spending rises marginally by 0.2%

In the 12 months through May, the personal consumption expenditures price index increased 2.6 per cent after advancing 2.7 per cent in April

US inflation cools in May; consumer spending rises marginally by 0.2%
Updated On : 28 Jun 2024 | 7:01 PM IST

The new tale of two Indias

There are two distinct political narratives in the country today--one giving voice to an "aspiring India" and the other to a "hopeless India". Both factions have their work cut out

The new tale of two Indias
Updated On : 25 Jun 2024 | 10:29 PM IST

Why Indians might find it difficult to cut down on their palm oil demand?

Price volatility may lead some companies to reduce palm oil consumption and seek alternatives, but its historically lower cost will likely keep it as the top choice for consumers

Why Indians might find it difficult to cut down on their palm oil demand?
Updated On : 25 Jun 2024 | 5:12 PM IST

Needed: A data sensitisation blitz

What changed in the Household Consumption Expenditure Survey 2022-23 - and did it deliver?

Needed: A data sensitisation blitz
Updated On : 12 Jun 2024 | 10:14 PM IST

Share of conveyance spending witnesses sharpest increase: HCES data

Transportation costs have also gone up and people are on the move for all sorts of reasons

Share of conveyance spending witnesses sharpest increase: HCES data
Updated On : 09 Jun 2024 | 11:05 PM IST

Japan's economy contracts, complicating Bank of Japan's rate hike plans

Private consumption, which accounts for more than half of the Japanese economy, fell 0.7 per cent

Japan's economy contracts, complicating Bank of Japan's rate hike plans
Updated On : 16 May 2024 | 10:37 PM IST

FMCG firms expect volume-led growth in FY25 with improvement in revenue

Leading FMCG makers expect a volume-led growth in FY25, with a revival in consumption supported by a lower inflationary environment, projections of a normal monsoon and good rabi crop. Companies such as Britannia, Marico, Dabur, GCPL and HUL in their latest March quarter earnings also expect a revenue growth in the new financial year as the deflationary cycle is over. The companies were forced to slash prices as prices of major commodities had fallen, which had in turn impacted their topline and value growth in the last two quarters of FY24. Besides, they expect a gradual uptick from the rural market, which contributes over one-third FMCG sales in the country. For Dabur a volume growth will be the way forward in this fiscal, said its CEO Mohit Malhotra in an investor call. He remains optimistic of the gradual uptick in consumption trends in FY25 and expects a mid-to-high single digit volume growth considering a normal monsoon, improving macroeconomic indicators, government spendi

FMCG firms expect volume-led growth in FY25 with improvement in revenue
Updated On : 12 May 2024 | 5:42 PM IST

Inflation still high and focus on minimising risk, says RBI report

Indicates 'significant per capita income shifts' underway

Inflation still high and focus on minimising risk, says RBI report
Updated On : 19 Mar 2024 | 11:16 PM IST

Do we need new line to assess poverty? Should an expert panel be appointed?

The Rangarajan Committee used alternative methodology, wherein a household is considered poor if it is unable to save

Do we need new line to assess poverty? Should an expert panel be appointed?
Updated On : 13 Mar 2024 | 10:57 PM IST

63% women aspire to be entrepreneurs, seek financial independence: Study

The fourth edition of the PayNearby Women Financial Index finds more women are seeking financial independence, adopting digital payments, and seeking better financial planning

63% women aspire to be entrepreneurs, seek financial independence: Study
Updated On : 06 Mar 2024 | 3:07 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

Accepting our income demographics

With the blurring urban-rural income divide and the diminishing mental and physical distinctions, large mass markets with modest-income consumers are finally emerging

Accepting our income demographics
Updated On : 28 Feb 2024 | 10:42 PM IST

Govt to conduct another household survey before changing CPI: Report

The findings could lead to a decrease in the weighting of food in the CPI, which is used by the central bank to frame monetary policy

Govt to conduct another household survey before changing CPI: Report
Updated On : 27 Feb 2024 | 4:42 PM IST

Rural Indians are now spending more on processed food, drinks than cereals

For urban India, the spending on processed food has been more than that on cereals since 2011-12 but the gap has widened in the last 10 years

Rural Indians are now spending more on processed food, drinks than cereals
Updated On : 26 Feb 2024 | 10:12 AM IST

Indians spending less on food, more on discretionary items, shows survey

The Household Consumption Expenditure Survey, released late on Saturday, estimates average rural consumer spending rose to Rs 3,773 a month per person

Indians spending less on food, more on discretionary items, shows survey
Updated On : 25 Feb 2024 | 10:29 AM IST

No longer the idiot box: How smart TV is changing consumption habits

Smart TV is changing the way programming is consumed and monetised, while making streaming more like regular broadcast television

No longer the idiot box: How smart TV is changing consumption habits
Updated On : 15 Feb 2024 | 1:55 PM IST