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INDIA CONSUMER SPENDING
India's urban shoppers spend 13% more on FMCG but shop less oftenIndia's urban shoppers are increasing grocery spending while making less frequent trips, reflecting higher prices' impact. Online sales are...- Pizza Hut, KFC India operator's Q2 loss naarrows sharply on strong same-store sales growthDevyani International, the parent company of KFC and Pizza Hut in India, has recorded a significant reduction in losses during its second q...
- No free electricity for Bihar taxpayers? CM appeals to income-tax payers to surrender 125-unit benefit and support state's developmentBihar Chief Minister Samrat Choudhary has appealed to financially well-off residents and income-tax payers to voluntarily surrender their b...
- India’s consumers are back, its stocks aren’t: Srinivasan SivabalanAmid the vibrant festive season in India, consumer demand is soaring, prompting businesses to boost sales and raise prices accordingly. How...
- Fintechs fortify cyber defences; Logistics cos in the speed laneHappy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morni...
- AB InBev sets aside $30 million for unpaid Telangana dues as delayed payments squeeze brewersAnheuser-Busch InBev has earmarked $30 million for overdue payments from the Telangana government. This situation highlights the challenges...
- Festive spending drives record UPI transactions in OctoberUPI processed transactions worth Rs 31.53 lakh crore during the month, a 16% rise from a year earlier and the highest on record, signalling...
- 45.6% of Indian households use digital channels for at least one purchase: ReportAround 45.6 percent of Indian households currently utilize online shopping and digital payments for various purchases. Despite this growth,...
- Executive search defies broader job market uncertaintyIndia's executive search firms are reporting strong growth despite layoffs, AI-driven disruptions and global economic uncertainty. Leading ...
- Godrej consumer profit rises 14%, weighs calibrated price hikes to offset inflationGodrej Consumer Products is bracing for rising commodity inflation as it approaches the December quarter, driven by escalating costs. The f...
- Beyond Hotels: Salil Panigrahi on Building the Indian Ocean’s Next Lifestyle Ecosystem
- UB expects Q3 profit growth to moderate on rising costsUnited Breweries expects slower profit growth this quarter as raw material costs and marketing expenses increase. Regulatory delays are inh...
- Meesho expects stronger Q3 growth due to change in festive sale timelineThe first day of Meesho's annual flagship sale, the Mega Blockbuster Sale, saw orders growing about 75% YoY. Its transacting customers incr...
- Brands need to shift to ‘Bharat-first’ strategy as digital usage growsTo effectively connect with rural customers, brands should embrace a 'Bharat-first' advertising philosophy. Digital channels are increasing...
- Kirana stores make room for new generation FMCG brands as they muscle past legacy giantsIndia's kirana market has seen new-age consumer brands expand their market share to nearly 22%. This increase has impacted the dominance of...
- A Fresh Brew: Trent set to serve up Caffe Nero at Westside, Zudio outletsTata Group's Trent has entered into a licensing agreement with Caffe Nero to establish cafes in their retail stores. This decision follows ...
- West Asia crisis so far may cost govt Rs 1.35 lakh crore, spending cuts unlikely: ICRA Chief Economist Aditi NayarThe West Asia crisis may impose a fiscal burden of approximately Rs 1.35 lakh crore on India. Government spending has generally remained be...
- AI is changing online ads, and brands have a new fight on their hands: ReportAs consumers increasingly use AI for product discovery and comparisons, brands must adjust their advertising strategies. Research shows tha...
- FMCG brands turn up the volume on ads as costs and scrutiny riseMultiple packaged goods companies are increasing their advertising expenditures to maintain consumer demand amid rising inflation. Nestle I...
- Wallet war: More new things are fighting for every rupee Indians earnIndian Consumer Spending Trends: Indian households are increasingly shifting their consumption patterns, which reflects a richer variety of...
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