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ESSENTIAL COMMODITIES AC
From milk to ACs, everyday essentials getting costlier as war fuels inflationIndian households face rising costs for daily essentials. Fuel and commodity price hikes are pushing up prices for milk, packaged foods, an...- US-Iran truce brings respite, but no quick fix for India Inc's supply painCEOs express cautious optimism following the US-Iran ceasefire, anticipating a consumer sentiment boost after a month of geopolitical uncer...
- Consumption slowdown in Q4 to spoil full year's sales showConsumer electronics and smartphone sales in India experienced a significant slowdown in the March quarter. This trend impacted the overall...
- From autos to chemicals, Hormuz crisis widens supply risks beyond oil: UBSTrade disruption at the Strait of Hormuz affects more than just oil and gas. Key industries like automobiles, chemicals, and personal care ...
- India’s AC industry braces for supply disruptions as LPG, petrochemical shortages emerge amid West Asia conflictWith the summer season just around the corner, air conditioner manufacturing is encountering significant roadblocks. Insufficient supplies ...
- Accurate forecasting tough as currency shocks, FTA uncertainty, supply disruptions weigh: Consumer chiefsAmid currency swings, volatile commodity prices and global trade uncertainty, leaders at Voltas, Tata Consumer Products and Bisleri Interna...
- LG India says no demand problem; GST pause delayed purchases, not business outlookLG Electronics India posted steady Q2 performance despite GST-linked disruptions, reporting 1% revenue growth, industry-leading 8.9% EBITDA...
- Restrictions, PLI, mandatory quality norms help cut import of certain non-essential goodsVarious steps such as inbound shipments of certain goods, production-linked incentive scheme and mandatory quality norms have helped in red...
- Overall household spending has increased for 58% consumers - Axis My India August CSI SurveySpends on essentials like personal care and household items have increased for 44% of families, which marks a significant increase by 13% f...
- Nagaland Assembly polls: Borders sealed, security arrangements in place ahead of votingWockha, Mokokchung, Dimapur, Noklak, Meluri, Chizami, Zunheboto and Phek have been declared as sensitive areas due to poll-bound violence. ...
- Mayday for FMCG, electronic companies as demand begins to sputterSales shrunk across categories in May led by commodities like edible oil and packaged atta which fell 32% followed by home care and confect...
- FMCG market expands 10% in JanuaryEven in discretionary products like televisions, refrigerators and smartphones, leading companies said they have grown sales at a double-di...
- Curbs to be further eased in 19 districts in Karnataka from MondayAll shops will remain open till 5 pm. Hotels, clubs and restaurants without air conditioners will be allowed to operate with 50 per cent oc...
- Nine in 10 urban Indians consider banking as most essential service during lockdown: SurveyBanking was followed by the online home repairs, which was considered to be crucial during this time by around three-quarters (74 per cent)...
- Punjab CM Amarinder Singh orders extension of curfew till April 14, asks FM to prepare contingency planAmarinder Singh asked FM Manpreet Badal to come out with a contingency plan, to overcome the COVID-19 crisis, and ensure an uninterrupted s...
- Northern Railways conducting study to use train coaches as COVID-19 isolation wardsThe Indian Railways, which runs 13,523 trains daily, has suspended all passenger services till April 14 and its rakes are lying idle. Sourc...
- Onion farmers staged a 'rail roko' agitation at Lasalgaon in Nashik districtWholesale onion prices at Lasalgaon increased marginally on Thursday by Re 1 per kg to Rs 17.50 per kg as the markets will remain closed.
- Auto, taxi fares hiked upto 30% in DelhiTravelling in autos and taxis will cost more in the capital from tomorrow with the Delhi government deciding to hike fares by upto 30 per c...
- Train tickets, freight tariff to be costlier from tomorrowTravelling in trains is set to become costlier from tomorrow as the hike in reservation fee and superfast charges announced in the Rail Bud...
- ACs, refrigerators to cost more this summerThis summer, consumers will have to pay more for household appliances as major producers contemplate a 2-7 pc price hike. Managing finance ...
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