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BUDGET FMCG NEWS
No Nifty returns in 2 years? Axis AMC’s Shreyash Devalkar reveals where he's investing nowDespite muted index returns and significant FII outflows, the Indian equity market's underlying economy shows resilience with healthy earni...- Stocks in news: IndiGo, Suzlon Energy, Patanjali Foods, PB Fintech, VedantaMarkets experienced significant volatility on Friday, with indices falling in the final hour due to heavy institutional selling. Several co...
- Print AdEx grows 5% in 2024; overall AdEx expected to grow 11% in 2025: Pitch Madison Ad ReportPrint advertising expenditure in India surpassed pre-Covid levels, growing by 5% to Rs 20,272 crore in 2024, with an anticipated 7% growth ...
- ITC shares rally nearly 10% in 2 sessions to cross Rs 500 markITC's shares soared nearly 10% in 2 days, surpassing Rs 500 and hitting a record Rs 510.60 on BSE. A 5% jump followed after the government ...
- Over 35 stocks from 9 sectors look set to gain from Budget announcementsbrokerage William O'Neil did a deep dive to come out with select stocks and sectors that could be the biggest beneficiaries. >> For more su...
- FMCG market: Budget misses out on immediate consumption revival boostRural markets have nearly two-thirds of all retail stores in the country and account for about 40% of FMCG sales in the country.
- Budget 2022: No news on sin goods would be good news for ITCDuring the first two years of the pandemic, India’s household savings, which cumulatively used to range between 10-20% of income, is now la...
- Don’t stock up on FMCG stocks, there's comfort in ferrous metals: Sunil SubramaniamThe ferrous metals pack is the more reliable pack. There are lesser technical inputs and closer linkage to world economic and infrastructur...
- ITC firing on all cylinders. Will Q3 results come as a shot in the arm?Against all expectations, the government kept the cess and taxes on tobacco and cigarettes unchanged. ITC is the market leader in cigarette...
- Barring valuations, FMCG companies could be back in favour: Anand TandonIf the frontline stocks stay in a range and midcaps and smallcaps were to move up, that would indicate a very healthy market, says Anand Ta...
- Budget 2015: Private banks may outperform in the rally, says Ashwani GujralAs far as the market is concerned, we remain in the 8500-9000 band and post further consolidation here, we should move higher slowly.
- Expect to see some changes in tax slabs in Budget 2015: Kaustubh Pawaskar, Sharekhan"I am not expecting big reforms in Budget 2015. I would be looking at the budget more from the consumer-specific perspective."
- Budget 2012-13 to create demand for senior professionalsThe Union Budget 2012-13 is likely to create demand for senior professionals across sectors as economic activity in the country.
- Excise duty hike of 12% on FMCG items to hit your pocketFinance Minister Pranab Mukherjee has hiked excise duty on soaps, diapers, toiletries and other fastmoving consumer goods (FMCG) to 12%.
- Budget 2012: GST can't be implemented in this budget, says Harsh Mariwala, MaricoGST can't come on its own because we require help from other states in terms of the constitutional amendment bill which needs to be passed.
- Budget 2012: Majority of staff expects tax exemption limit to Rs 3L, says a surveyA majority of employees surveyed expect FM to increase the IT exemption limit to Rs 3 lakh in the upcoming Budget.
- Budget 2012 must focus on lowering inflation, no excise hike: Kimsuka Narsimhan, CFO, PepsiCo IndiaThe FMCG industry's key expectations from the Budget include consistency in fiscal policy to enable companies to plan for medium term.
- Union Budget 2011: FMCG stocks surge by up to 8 pc on proposed increase in I-T slabFMCG companies today surged by upto eight per cent at Bombay Stock Exchange, on anticipation of a rise in consumer spending after the Budge...
- Expert Speak: Hitesh Agrawal of Angel BrokingInvestors should exit stocks of companies that are highly-leveraged or have poor cash flows. Where the rupee comes from, and goes | Investi...
- FM lifts FMCG sentiments with budget drivesBy reducing excise duty across the board, the finance minister has been able to address two issues concerning the FMCG sector.
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