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INFLATION DIWALI IMPACT
Cruise tourism can be a major multiplier for India’s travel and MSME sectorsIndia’s cruise tourism sector is sailing into a new phase of growth, creating opportunities for MSMEs across travel, hospitality, logistics...
Full impact of inflation not yet in earnings; may reflect next quarter, warns Unmesh SharmaHDFC Securities' Unmesh Sharma anticipates the full impact of inflation on corporate earnings will surface in the June quarter, potentially...
Private banks favoured over PSUs as macro headwinds cloud near-term outlook: Digant HariaMarket expert Digant Haria notes strong corporate earnings but rising macroeconomic uncertainty. Private sector banks appear better positio...
This Diwali, gifts will mean a lot more… spendingThis Diwali, consumers may face higher costs for gift hampers as prices of dry fruits and chocolates have surged. An ET study reveals a 14%...
Wedding season: No significant pick-up in demand for gold jewellery, household and kitchen appliances in semi-urban & rural marketsThis is driven by the fact that daily household inflation is yet to sober down completely impacting consumption amongst masses or people wi...
Festive wave may lift India's industrial growth in coming monthsIndustrial growth hit a three-month high of 5.7% in July from 3.8% in June. "You can't get a better time for manufacturing than now; festiv...
World Cup fails to boost TV sales amid post-Diwali lullTelevision sales that typically go up during cricket and football world cups have not seen any spike amid the ongoing Qatar 2022, despite r...
TV, smartphone firms go for 30% production cutsManufacturers of consumer electronics including smartphones, appliances and televisions have cut production by up to 30% since the beginnin...
Q2 roundup: Indian cos get festive boost; almost 62% post profit riseThere is definitely a festive boost which cannot be denied and which is reflected in earnings performance, said Vivek Kumar, economist at M...
FMCG sales remain flat amid trade restockingThe decline in the consumer goods segment is more pronounced in rural areas, and companies said demand could recover in the second half of ...
ETMarkets Smart Talk: BFSI, auto, IT, consumer goods top sectoral picks for Samvat 2079: Sumit ChandaWith the inflation data in the US pointing towards a possible rate hike, any commentary to that effect will see a reaction from the markets.
After two restive years, pricey goods push festive salesSales of fast-moving consumer goods (FMCG) in categories like packaged food and discretionary personal care products got a festive boost wi...
Inflation to impact gold buying this Dhanteras: World Gold Council"Unlike the Diwali season of 2021, this season may not have the advantage of pent-up demand or savings from muted wedding celebrations fuel...
Sensex likely to hit 70,000 by next Diwali; 4 sectors to boost growth: Vikas Khemani“There are lots of ideas and it is very hard to pick one idea. Companies like L&T, ICICI Bank, IndusInd Bank, Aditya Birla Capital all of t...
FMCG sales dip in September as traders go slow on stockingSales of groceries had risen 6% month-on-month in August, reversing consecutive sequential decline in the past three months, according to t...
Food inflation expected to soften in coming monthsRetail inflation had accelerated to 4.48% in October from 4.35% in September, while wholesale inflation had increased to a five-month high ...
Lower IIP mostly because of statistical issues, says CEAFinance Ministry today attributed the decline in November industrial production to a 4-year low to statistical reasons, particularly due to...
October IIP grew at 4.9% versus contraction of 0.4% in September: ET Now pollOwing to the fact that Diwali this year was in November, the October production is expected to have witnessed a growth.
- Indian economy overheated: Jahangir Aziz, JP Morgan
Jahangir Aziz of JP Morgan says India has been growing above its potential because of little capacity addition and it is good that it is sl...
- Govt to take more action to curb inflation
As the inflation surged to over a year high of 5.44 per cent during the week ended June 17, the government on Friday said rising prices are...