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 2024These 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 2024Backed 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 2024Due 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 2024This 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 2024Marico’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 2024Nifty 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 2024A 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 2024In 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 2024The 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 2024The 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