Indian FMCG industry sees 6.5 per cent volume growth in Q4FY24: Report

Indian FMCG industry sees 6.5 per cent volume growth in Q4FY24: Report

Wednesday, 08 May 2024 | PTI | New Delhi

The Indian FMCG industry experienced a 6.5 per cent growth in volume terms at a national level in the January-March period of 2024, with rural consumption surpassing urban for the first time in five quarters, according to consumer intelligence firm NielsenIQ. Both food and non-food sectors contributed to the growth in...

Plant-based speciality products firm Sanstar gets Sebi's nod to float IPO

Plant-based speciality products firm Sanstar gets Sebi's nod to float IPO

Tuesday, 07 May 2024 | PTI | New Delhi

Plant-based speciality products company Sanstar Ltd has received Sebi's go-ahead to float an initial public offering, an update with the markets regulator showed on Tuesday. The proposed initial public offering (IPO) comprises a fresh issue of 4 crore shares and an Offer For Sale (OFS) of up to 80 lakh shares...

Markets turn flat after firm opening

Markets turn flat after firm opening

Tuesday, 07 May 2024 | PTI | Mumbai

Equity benchmark indices began the trade on an optimistic note on Tuesday but later encountered volatile trends and were trading flat. The 30-share BSE Sensex climbed 123.82 points to 74,019.36 in early trade. The NSE Nifty went up by 56.35 points to 22,499.05. Later, both the benchmark indices faced volatility and were...

Indonesian delegation appreciates The Cottage

Indonesian delegation appreciates The Cottage

Tuesday, 07 May 2024 | PNS | New Delhi

Retired Air Marshal Donny Ermawan , Ministry of Defence, Republic of Indonesia led a delegation to “The Cottage” at Janpath and appreciated the diverse range of ethnic crafts  of India under one roof . While going around the highly impressive wide variety of product categories, he expressed his keen interest...

P note investments surge to near six years high at Rs 1.5 lakh crore

Tuesday, 07 May 2024 | PTI | New Delhi

Investments through participatory notes in the Indian capital markets reached Rs 1.5 lakh crore at the end of February, making it the highest-level in nearly six years, driven by a strong performance of the domestic economy. The latest data includes the value of P-note investments in Indian equity, debt, and hybrid...

Indian airlines to have 50 per cent market share in international passenger traffic by FY’28: CRISIL

Tuesday, 07 May 2024 | PTI | Mumbai

As much as half of the country’s international air passenger traffic is expected to be catered by Indian airlines by financial year 2027-28, credit ratings agency CRISIL said on Monday. The share of Indian airlines in international passenger traffic, including originating or terminating as well as the traffic transitioning through the...

Rupee falls 5 paise to close at 83.50 against US dollar

Tuesday, 07 May 2024 | PTI | Mumbai

The rupee pared its initial gains and settled for the day 5 paise lower at 83.50 (provisional) against the US dollar, weighed down by elevated crude oil prices. Forex traders said a weak trend in domestic equities also dented investor sentiments. At the interbank foreign exchange, the local unit opened at 83.43,...

Brand India more mature, fearless brand than it used to be

Tuesday, 07 May 2024 | PTI | Santa Clara

India has made its mark as the startup capital of the world and “Brand India” has emerged as a more mature and fearless brand than it used to be two decades ago, a top marketing leader has said. India has made its mark in the startup nation category. So many great...

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