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HEATWAVE IMPACT ON SALES
Power sector stocks regain momentum on rising electricity demand and strong investment cycleRising electricity demand and a strong investment cycle lift outlook for power companies.- Voltas sells one million AC units in first quarter of FY27Voltas has achieved a significant milestone, selling one million room air conditioners in the first three months of the 2026-27 financial y...
- Vehicle retail sales jump 10% in May to 2.53 million units on rural demandVehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural are...
- India's EV penetration crosses 11% for first time as auto retail sales hit record in MayIndia's auto sales reached a record in May, growing 9.55 percent. Electric vehicle penetration surpassed 11 percent for the first time. Dea...
- Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand aheadIndian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...
- Tantrum of a problem child might cool India's economic engineThe IMD has retained its forecast for a below-normal monsoon in 2026, with El Nino expected to dominate the June-September season and rainf...
- Heatwave drives surge in cold drink sales, AC and fridge demand stays weakIndia's scorching heatwave has boosted sales of soft drinks, ice-creams and dairy beverages, while higher prices and weak consumer sentimen...
- Sugar stocks fall up to 7% on export ban; analysts see limited long-term impactSugar company shares dropped Thursday after India banned sweetener exports. This move follows rising domestic sugar prices and concerns ove...
- Rising temperatures spark comeback for India's consumer durables sector: ReportIndia's consumer goods sector is seeing a strong rebound. Rising temperatures are boosting sales, especially in southern regions. While Apr...
- UPI underdogs seek fair play; WhatsApp tightens scam defencesSmaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech To...
- Heatwave spurs surge in AC, beverage, ice cream output in IndiaSoaring temperatures have triggered a sharp demand rebound for ACs, beverages, and ice cream, with companies boosting output after a 50% sa...
- Varun Beverages shares jump 9% in 3 days. Why Jefferies, Motilal, and others are bullish after Q4 results?Varun Beverages shares extended gains after strong Q1 CY2026 results, with double-digit growth in profit, revenue, and volumes. Brokerages ...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Retailers face AC shortage as heatwave boosts demandIntense heatwaves have driven a sharp rise in air-conditioner sales. This surge, following lower production in March, has created significa...
- Maharashtra govt braces for possible El Nino impact, Fadnavis calls for effective water management
- Why AC maker Blue Star wants both summer and monsoon seasons to be good this yearBlue Star’s growth outlook hinges on strong summer-led urban demand and a favourable monsoon supporting rural markets, which now drive over...
- Summer sales catch a cold, brands cut productionUnexpectedly tepid sales in April and early May have prompted companies to slash production of summer consumer goods like air conditioners ...
- Lenders brace for a midsummer's nightmare as IMD flags heatwavesWith the IMD issuing heatwave warnings, lenders in India are bracing for challenges. They anticipate a decline in collection efficiency and...
- Footfalls at auto dealers fall in June, so do RTO registrationsVehicle registrations rose 0.73% to 1,895,552 units, with two-wheelers up 4.7%, three-wheelers 5.1%, passenger vehicles down 6.8%, and comm...
- Auto sales muted as extreme heatwave cools demand in JulyVehicle registrations in June were nearly flat, up just 0.73% from the previous year, with 1,895,552 units registered. Extreme heatwaves an...
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