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The FMCG sector registered a robust recovery in the December quarter, aided by GST changes, festive sales, and reduced costs of raw materials. Even Dabur, Marico, and Godrej Consumer Products reported volume growth with single-digit revenue growth along with improved operating profit margins. The rural market continued to report better sales than the urban market,…
Agastya Nanda’s debut film, ‘Ikkis,’ has crossed Rs 27.55 crore at the box office. After a dip on Friday, weekend collections saw a boost, bringing the war drama closer to the Rs 30 crore mark. The film, set during the 1971 India-Pakistan war, features Nanda as Second Lieutenant Arun Khetarpa. ‘Ikkis’, marking the debut of…
Sameer Gupta, National Tax Leader, EY India The Income-tax Act, 2025, marks a comprehensive overhaul of India’s six-decade-old direct tax law, replacing the Income-tax Act, 1961, with a simplified, principle-based framework. Aimed at reducing litigation and improving tax certainty, the new law seeks to streamline provisions, remove redundancies, and align tax administration with a digital-first…
Making a case for maintaining the status quo on interest rates, PwC Partner and Economic Advisory Services leader Ranen Banerjee said any rate cut at this stage would amount to “wasting a bullet” at a time when economic growth is robust and inflation remains benign.The Reserve Bank of India is unlikely to reduce the policy…
Google is CRUSHING and CRUISING. For the first time since 2019, the search giant beat Apple on Wall Street. Google parent company Alphabet saw its market capitalization surpass that of iPhone-maker Applefor the first time since 2019. According to a report in CNBC, Alphabet’s market cap closed at $3.88 trillion on Wednesday, January 7. Alphabet…
India’s economic expansion in FY26 may exceed current official projections once the government adopts a revised GDP base year, a report by State Bank of India (SBI) has indicated. At present, the National Statistical Office’s (NSO) first advance estimates place real GDP growth at 7.4% for FY26, marking a rise from 6.5% recorded in FY25….
US employers posted significantly fewer job openings in November, signalling that hiring remains subdued even as economic growth has picked up, according to data released by the Labor Department. Businesses and government agencies reported 7.1 million open jobs at the end of November, down from 7.4 million in October. While hiring remained weak, layoffs also…
Indian economy (AI image) India’s economy will grow at a robust 7.4% in the financial year 2025-26, according to the first advanced estimates of Gross Domestic Product released by the National Statistics Office (NSO). This is much higher than the 6.5% growth in the previous financial year. Nominal GDP is expected to rise by 8.0%…
Diabetes is an ongoing medical condition that affects millions of people across the globe. Blood sugar needs to be controlled to avoid developing complications. Metformin, an antidiabetic that has been widely prescribed for type 2 diabetes patients, has been much appreciated for its ability to control blood sugar. Recently, research has focused attention on its…
NEW DELHI: India’s shopping basket is evolving as new categories enter more households, reshaping consumption patterns. One-third of consumers across the country now shop for hair creme, making it the fastest-growing category in the FMCG basket, with penetration rising from 21% to over 31% over two years, according to the latest data from market research…
