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BEER CONSUMPTION TRENDS 2023
GST, auto sales, UPI data point to resilient growth in AugustIn August, India's GST collections rose by 14.8%, totaling ₹2 lakh crore. The surge in bulk car sales by 36% indicates robust consumer enth...
Coffee is not enough for America’s new caffeine rush, it ‘can’ be much more: Morgan StanleyEnergy drinks are increasingly replacing coffee for American consumers seeking more energy. Younger demographics are adopting energy drinks...
UBL sees positive demand momentum in Q2, invests Rs 110 cr in Maharashtra breweryUnited Breweries Ltd reports positive demand momentum and strong premium brand growth. The company expects double-digit revenue growth and ...
Petrol, diesel sales soar on erratic monsoon rains, LPG demand shifts to piped gasIndia’s petrol and diesel sales surged in August as erratic monsoon rainfall increased demand from farmers and motorists. Petrol consumptio...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 24%US bond yields remain elevated, suggesting that the debt market expects inflation to move up. Now, if the risk-free returns indicated by th...
40,000 pounds of Pabst Blue Ribbon beer stolen in California as police investigate $70,000 cargo theftA truck carrying forty thousand pounds of Pabst Blue Ribbon beer vanished from California. Authorities are investigating this unusual cargo...
Bira 91 faces insolvency push as HNGIL seeks Rs 11.8 croreHindusthan National Glass has issued a default notice to Bira 91's parent company. The glass manufacturer seeks recovery of over eleven cro...
India’s growth gets a government lift, Bernstein flags hidden costsIndia's economic outcomes show distortions, not solely free-market forces at play. Company earnings and asset valuations are influenced by ...
Delhi's August: Above-normal rain, warm nights, and three-year high AQIDelhi received significantly more rainfall than usual this August. Day and night temperatures remained notably high throughout the month. T...
Nearly half of BSE 200 stocks fail to deliver returns in 2026. What’s dragging them down?This year, numerous firms across various sectors are grappling with a lack of returns, a stark contrast to the previous years' performances...
Airtel leads July mobile subscriber additions with 26.9 lakh users, Jio adds 24.5 lakhBharti Airtel led mobile subscriber additions in July, adding 26.88 lakh users. Reliance Jio followed, adding 24.46 lakh users during the s...
A 10% gold rally could create $400 billion in wealth for Indians. Jefferies names stocks set to benefitJefferies sees a 10% gold rally unlocking $20–25 billion in gold-backed loans and boosting household wealth by $400 billion, with Manappura...
Natural diamond prices have fallen 20-30% from post-pandemic highs: Paul Rowley, De BeersNatural diamond prices have stabilised after a significant correction, with larger stones seeing price increases. De Beers is now focusing ...
UBL’s Delhi beer business crosses Rs 250 crore run rate after distribution shiftUnited Breweries' beer business in Delhi has exceeded a revenue run rate of Rs 250 crore, helped by an operational shift to Adie Broswon Di...
Weak monsoon, West Asia risks cloud July-Sept FMCG demandConsumer goods demand faces challenges from a weak monsoon and rising inflation. FMCG volumes saw a slight slowdown in the recent quarter, ...
Varun Beverages forays into alcohol business, names ex-Diageo executive Prathmesh Mishra to lead new unitVarun Beverages will enter the alcoholic drinks market with a new subsidiary. The company appointed a former Diageo executive to lead this ...
Acquired new tastes & distastes: India’s health warnings are loud. Its consumption habits are louderDespite health warnings, cigarette production surged 24%, while wine consumption rose 25% among the young. Conversely, production of fruit ...