Consumer Sector News

Industry

No 100% claims on food labels as it misleads consumers, says Fssai

Fssai says such terminology is not only undefined under current regulations but is also misleading and is likely to create a false impression among consumers

1 min read30 May 2025
Industry

CCPA cracks down on e-commerce giants over illegal walkie-talkie sales over security concerns

According to CCPA’s preliminary findings, the scale of such listings was widespread—with 467 listings on Amazon, 314 on Flipkart, 489 on Meesho, and 423 on TradeIndia.

3 min read10 May 2025
Companies

Joy Personal Care to step up distribution as it plans to double revenues

The company will prioritize direct outreach to more outlets and step up its presence through e-commerce.

2 min read5 May 2025
Companies

Traders' Body CAIT Urges Govt to Regulate Quick Commerce

CAIT members asserted that quick commerce firms have distorted the retail market through excessive discounting and expansion in major cities, forcing numerous small store owners to shut shop.

2 min read22 Apr 2025
Industry

Negative wealth effect: Retailers warn stock market crash could hurt consumer sentiment

US President Donald Trump's sweeping import taxes on all its trading partners, including India, have sparked concerns of a global recession, prompting investors to dump shares and cut their losses.

4 min read10 Apr 2025
Economy

Mint Primer: Will FY26 be the year of the Indian consumer?

Consumer demand in India is subdued, affecting companies' earnings, particularly in urban areas.

2 min read7 Apr 2025
Companies

Weikfield Foods to pivot to ready-to-eat mixes to target younger customers; plans acquisitions and IPO

Weikfield plans to extend its range across its categories through introduction of new product offerings and flavors.

5 min read2 Apr 2025
Industry

Indians to spend more on discretionary items by 2030, boosted by higher incomes

India's rising economy has lifted per capita income above $2,000 in FY25, which is expected to vault past $4,000 by 2030, a report by Deloitte India and Retailers Association of India. By 2030, the number of Indians earning more than $10,000 a year may nearly triple from 60 million in 2024.

3 min read27 Feb 2025
Opinion

Union Budget 2025: Govt dials up consumption and walks the fiscal talk

A much bigger elbow room to RBI for adopting easier monetary stance is a significant positive from the budget

4 min read2 Feb 2025
Industry

EU, US-type consumer product quality testing model in the works

India aims to ensure availability of quality products in retail markets and enhance consumer safety

3 min read14 Jan 2025