Fmcg News

Industry

Rural India’s FMCG basket expands as digital push, income growth reshape spending: Kantar-GroupM Rural Barometer 2024

With income growth, better infrastructure, and digital adoption driving the change, rural households have expanded their average FMCG basket size by 60% over the last two years—from 5.88 in 2022 to 9.3 in 2024.

3 min read11 Nov 2024
Industry

Mr Beast’s Feastables and Logan Paul’s Prime will find India a tough market to crack

These brands, while not affordable for average Indian consumers, may serve as an inspiration for influencers here to start their own labels

4 min read10 Nov 2024
Companies

Young consumers spark rise of eco-friendly home, personal care products made by startups

Backed by investor interest, startups offering an eco-friendly twist to traditional laundry detergents and dishwashing gels are growing in popularity among younger, more climate-conscious users.

5 min read6 Nov 2024
Industry

FMCG firms caution price hike as input costs and food inflation rise

Due to the rise in commodity inputs like palm oil, coffee and cocoa were also prominent, and some FMCG companies has hinted a price hike, reported the news agency PTI on Sunday.

4 min read3 Nov 2024
Companies

Dabur expands haircare portfolio with Sesa Care acquisition

This marks Dabur’s second major acquisition in the last two years. In 2022, Dabur acquired a 51% stake in spice maker Badshah Masala for ₹587.52 crore

2 min read30 Oct 2024
Markets

Marico share price rallies over 9% as Q2 numbers beat estimates. Should you buy?

Marico’s shares rose 9.2% to ₹687 apiece following strong Q2FY25 results, reporting a net profit of ₹423 crore, up 20% YoY. Revenue from operations grew 8% YoY to ₹2,664 crore, driven by price hikes amid rising raw material costs.

2 min read30 Oct 2024
Markets

Nifty FMCG drops 9.6% in October, records worst monthly drop in 6 years on weak Q2 numbers

Nifty FMCG index has recorded a notable decline of 9.6% in October so far, representing the largest monthly drop in the last six years. At current levels, seven constituents of the index are trading 15% to 22% below their recent 52-week highs, with Tata Consumer Products leading this downturn.

4 min read28 Oct 2024
Industry

FMCG firms embrace quick commerce amid shift in urban consumer preferences

A recent report by market researcher NIQ reveals that quick commerce has become the primary grocery shopping method for 31% of urban Indians, with 39% using it for top-up purchases.

4 min read27 Oct 2024
Industry

Edible oil, tea, coffee, soap to see higher prices this quarter

In Sep quarter prices of crude oil were down 10% y-o-y; while that of palm oil moved up 10%. Tea prices are up 25% & coffee by over 60% compared to a year ago period. Edible oil prices have risen too following the govt’s decision to raise basic import tax on crude & refined edible oils last month.

5 min read26 Oct 2024
Markets

Sharp Cuts! 70% of Nifty50 stocks tumble over 10% from recent highs as selloff intensifies

The recent sell-off has pushed 35 Nifty 50 stocks to trade between 10% and 39% below their one-year highs, with IndusInd Bank leading the declines at 39%. Notably, IndusInd saw a nearly 20% drop today alone, marking its largest intraday slump in recent times.

3 min read25 Oct 2024
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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