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JANUARY 1 APPLIANCES
US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...- Green hydrogen to cut LPG dependence for cooking: PSA Ajay SoodIndia is exploring green hydrogen as a cooking fuel to cut reliance on imported LPG. This initiative aims for energy stability and savings....
- White goods market set to reach Rs 5.3 lakh crore by FY30, says report; startups eye nichesIndia's consumer durables market is projected to reach Rs 5.39 lakh crore by FY30, driven by a 14% CAGR and increasing demand for smart, en...
- Stock Radar: Breakout from a symmetrical triangle makes Whirlpool of India stock an attractive buy; what should investors do?Whirlpool of India stock has broken out of a symmetrical triangle pattern on daily charts. Experts suggest short-term traders can buy the s...
- Coming soon: Price hike round 3 in four months for durablesConsumers face another price hike on electronics like ACs, TVs, and smartphones by end April. This marks the third increase in four months....
- India Inc pulls back a bit from Gulf as cracks widen across operationsIndian consumer companies are scaling back West Asian operations due to steep losses and a fivefold surge in container costs amid the US-Is...
- Flipkart expands Hemant Badri’s role to drive AI agendaFlipkart is appointing Hemant Badri to lead its AI initiatives, focusing on identifying and operationalising AI uses across the company. Th...
- Government relaxes energy efficiency norms for 6 months till January 1 for induction hobsThe government has extended the deadline for strict energy efficiency norms for counter-top induction hobs. The new deadline is January 1, ...
- LG records hot sales as it sells 1 million ACs in CYQ1; Co to expand Sri City plantLG Electronics India achieved a record start to the summer season selling over one million air conditioners in the January-March quarter of...
- Star ratings mandatory for refrigerator, TV, LPG stove, cooling tower, chillers from January 1New Delhi. Energy efficiency star-labelling is now mandatory for refrigerators, televisions, LPG stoves, cooling towers, chillers, deep fre...
- Epack Durables IPO: Price band, issue size, GMP among 10 things to know before subscribing to the issueThe IPO of Epack Durables, a company that manufactures room air conditioners and small domestic appliances, will open for subscription on J...
- Star rating programme for solar PV modules to help consumers make informed decision: R K SinghThe Indian government has launched a star rating programme for solar photovoltaic modules, allowing consumers to choose panels with higher ...
- Prices of TV and appliances likely to go up by around 10% from January"We expect the increase in commodity prices to impact our product pricing in near future. I anticipate the prices to go up by 6-7 per cent ...
- DPIIT releases quality control norms for refrigerating appliancesThe move comes at a time when the government is working to formulate technical regulations, which include safety and quality standards, for...
- India notifies quality control order on refrigerators, freezersAs per the order, household refrigerating appliance, freezers, and household frost –free refrigerating appliances will have to conform to t...
- Flipkart, Amazon to offer quick delivery, installation to sell large appliancesWhile Flipkart has announced a network of 10 delivery centres spread over 6 lakh square feet, Amazon India has invested in setting up nine ...
- Consumer durables to cost more in New YearThe consumer durables sector was hit hard by demonetisation, especially in upcountry regions, with a 37-38% slump in overall sales in Novem...
- JCHAC to acquire 72 per cent of Hitachi Home and Life Solution (India)A promoter group firm of Hitachi Home and Life Solution (India) will acquire 72.41 per cent stake in the company for over Rs 1,616 crore.
- Finmin says tax sops for energy efficient appliances unlikelyThe finance ministry is unlikely to favour a proposal by Bureau of Energy Efficiency (BEE) to provide tax sops to consumers on purchase of ...
- India opens doors to Singapore, slashes duties on 539 productsSingapore will now have wider access to the Indian market under the bilateral comprehensive economic partnership agreement.
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