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consumer goods

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The outlook for India’s packaged goods industry soured with market researcher Nielsen on Thursday(Bloomberg)

Consumer goods sector may shift to the slow lane: Nielsen

New Delhi | By Suneera Tandon
UPDATED ON NOV 27, 2020 07:18 AM IST
Nielsen’s latest report forecasts a contraction of 1% to 3% for 2020. That compares with a July forecast of packaged food and household goods’ sales remaining little changed from a year earlier.
Traders monitor BSE index at a brokerage firm in Mumbai, Monday(PTI File Photo)
Traders monitor BSE index at a brokerage firm in Mumbai, Monday(PTI File Photo)

Q1 earnings collapse blurs signs of economic revival

Mint, Mumbai | By Nasrin Sultana and Ravindra Sonavane
UPDATED ON AUG 17, 2020 05:00 AM IST
While the June quarter results were not entirely unexpected, analysts warned that supply chain disruptions and the uncertain demand scenario will continue to weigh heavily on companies in the next few quarters at least.
Will the self-reliance campaign create local manufacturing to substitute certain import items?(Bloomberg)
Will the self-reliance campaign create local manufacturing to substitute certain import items?(Bloomberg)

Disentangling India’s trade surplus

By Aashish Chandorkar
UPDATED ON JUL 20, 2020 06:55 AM IST
Exports are slowly bouncing back, even as the fall in imports in certain categories isn’t bad news
HT Image
HT Image

Lockdown effect: Haryana’s economy to take a hit

Hindustan Times, Chandigarh | By Hitender Rao, Chandigarh
UPDATED ON MAR 31, 2020 10:03 PM IST
Tax officials said the extent of revenue loss will depend on how long the lockdown continues.
The number underlines the signs of some sort of recovery in industrial activity(Ramesh Pathania /HT File Photo)
The number underlines the signs of some sort of recovery in industrial activity(Ramesh Pathania /HT File Photo)

Factory output recovers in November, expands by 1.8%

Hindustan Times, New Delhi | By Roshan Kishore
UPDATED ON JAN 11, 2020 06:46 AM IST
A usage-wise break up of the Index of Industrial Production (IIP) shows that the growth was driven by intermediate goods and consumer goods while primary goods, infrastructure goods and capital goods continued to contract in November.
The job surge under the scheme has exhausted ~50,000cr of the ~60,000cr allocated to the programme in this year’s budget.(HT File)
The job surge under the scheme has exhausted ~50,000cr of the ~60,000cr allocated to the programme in this year’s budget.(HT File)

Govt may pump more funds into NREGS to boost rural economy

New Delhi | By Saubhadra Chatterji, Zia Haq
UPDATED ON OCT 27, 2019 12:59 AM IST
Many analysts have underlined that the BJP’s below-par performance in the Maharashtra and Haryana assembly elections reflected concern, among other factors, about the economy, which slumped to a growth rate of 6% in the three months to June 30, the slowest pace in over six years.
The Trump administration’s latest round of tariffs on Chinese imports have taken effect(REUTERS)
The Trump administration’s latest round of tariffs on Chinese imports have taken effect(REUTERS)

Donald Trump’s 15% tariffs on $112 billion in Chinese goods take effect

Washington | By Associated Press
UPDATED ON SEP 01, 2019 09:55 AM IST
The 15% taxes apply to about $112 billion of Chinese imports. All told, more than two-thirds of the consumer goods the United States imports from China now face higher taxes.
Jugni will soon be active to serve over 20 million MSMEs in India, before going global.(SpanBuy)
Jugni will soon be active to serve over 20 million MSMEs in India, before going global.(SpanBuy)

B2B marketplace, SpanBuy launches Jugni, an AI-based business manager for MSMEs

UPDATED ON JUL 16, 2019 12:29 PM IST
Jugni gathers intelligence by processing data on how unorganised businesses function to help non-branded MSMEs streamline businesses, save money, and scale up.
Tariffs on the first $200 billion, which initially went into effect last September, will rise to 25 percent from 10 percent at 12:01 am this Friday, US Trade Representative Robert Lighthizer confirmed Monday(REUTERS)
Tariffs on the first $200 billion, which initially went into effect last September, will rise to 25 percent from 10 percent at 12:01 am this Friday, US Trade Representative Robert Lighthizer confirmed Monday(REUTERS)

Here are the numbers on what Donald Trump’s tariff threat will affect

Bloomberg | By Natalie Lung
UPDATED ON MAY 09, 2019 11:12 AM IST
US President Donald Trump’s latest threat to raise tariffs on Chinese goods puts vital intermediate equipment and everyday consumer goods used by millions of Americans back into the cross-hairs.
Venezuela’s central bank has been selling its artisan gold directly to Turkish refiners, according to two senior Venezuelan officials.(AFP)
Venezuela’s central bank has been selling its artisan gold directly to Turkish refiners, according to two senior Venezuelan officials.(AFP)

How Venezuela turns its useless bank notes into gold

El Callao | By Reuters
UPDATED ON FEB 11, 2019 11:04 AM IST
Paid with the country’s near-worthless bank notes, so-called artisan miners in turn supply the government with hard currency to purchase badly needed imports of food and hygiene products. Venezuela sells most of its gold to Turkish refineries, then uses some of the proceeds to buy that nation’s consumer goods, according to people with direct knowledge of the trade.
In the discourse on agriculture, fo farmer suicides are cited as the biggest proof of the agrarian crisis in the country by a large section(AFP)
In the discourse on agriculture, fo farmer suicides are cited as the biggest proof of the agrarian crisis in the country by a large section(AFP)

Why the farmer suicide debate is counter-productive to understanding India’s agrarian crisis?

New Delhi | By Roshan Kishore
UPDATED ON DEC 27, 2018 07:46 AM IST
In the discourse on agriculture, for instance, farmer suicides are cited as the biggest proof of the agrarian crisis in the country by a large section.
Shopkeepers use plastic bags after the statewide ban in Bandra.(HT Photo)
Shopkeepers use plastic bags after the statewide ban in Bandra.(HT Photo)

Still carrying plastic bags in Mumbai? Get ready to pay a fine

Hindustan Times | By Faisal Malik, Mumbai
UPDATED ON OCT 02, 2018 02:32 PM IST
So far, the implementing authorities were avoiding taking action against individuals found violating the directives
According to sections 330, 331, 335 and 336 of the Haryana Municipal Corporation Act of 1994, all businesses operating within the MCG’s jurisdiction are required to obtain a trade licence from the corporation.(Sanjeev Verma/ Hindustan Times)
According to sections 330, 331, 335 and 336 of the Haryana Municipal Corporation Act of 1994, all businesses operating within the MCG’s jurisdiction are required to obtain a trade licence from the corporation.(Sanjeev Verma/ Hindustan Times)

Gurugram municipality to seal shops operating without trade licences in malls

Hindustan Times, Gurugram | By HT Correspondent
PUBLISHED ON SEP 20, 2018 03:54 AM IST
According to sections 330, 331, 335 and 336 of the Haryana Municipal Corporation Act of 1994, all businesses operating within the MCG’s jurisdiction are required to obtain a trade licence from the corporation.
Responding to a question that some companies were not passing on the benefits of GST rate cuts announced in last month’s GST Council meeting to the end-user, finance minister Piyush Goyal said the government would take appropriate action.(PTI)
Responding to a question that some companies were not passing on the benefits of GST rate cuts announced in last month’s GST Council meeting to the end-user, finance minister Piyush Goyal said the government would take appropriate action.(PTI)

GST collection in line with govt target, set to rise further: Piyush Goyal

New Delhi | By Indo Asian News Service
PUBLISHED ON AUG 01, 2018 07:40 PM IST
Finance minister Piyush Goyal on Wednesday said the GST collection figure of Rs 96,483 crore is in line with the government’s target and it is set to increase further in the coming months with rise in compliance and market demand.
Those who choose to be ignorant must be informed that since 2011, much before the present law came into force, the Bihar government has been marking November 26 as “Prohibition Day” and creating awareness about the ill effects of alcohol. Women self-help groups, Jeevika, were rewarded for their efforts to make villages alcohol-free in 2013, 2014 and 2015.(AP)
Those who choose to be ignorant must be informed that since 2011, much before the present law came into force, the Bihar government has been marking November 26 as “Prohibition Day” and creating awareness about the ill effects of alcohol. Women self-help groups, Jeevika, were rewarded for their efforts to make villages alcohol-free in 2013, 2014 and 2015.(AP)

While implementing prohibition in Bihar, there will be no half measures, writes Nitish Kumar

By Nitish Kumar
PUBLISHED ON JUL 31, 2018 12:55 PM IST
We have always emphasised that a combination of a fair implementation of law coupled with a people-inspired campaign is a way to go. We have relentlessly encouraged the self-help groups and public representatives to demonstrate ‘social leadership’ and strengthen the hands of the state in the continued implementation of prohibition
Employees wait for customers inside a gold jewellery showroom in New Delhi.(Reuters File Photo)
Employees wait for customers inside a gold jewellery showroom in New Delhi.(Reuters File Photo)

India’s love affair with gold may be waning

Bloomberg | By Shruti Srivastava and Swansy Afonso
UPDATED ON JUL 04, 2018 03:39 PM IST
Fading interest from milennials is part of the reason for decline in demand for gold, as they are more attracted by high-end consumer goods.
Male sex hormone, testosterone, is a major influencer of male consumer behaviour.(Shutterstock)
Male sex hormone, testosterone, is a major influencer of male consumer behaviour.(Shutterstock)

Why are men tempted to buy expensive luxury brands? Blame it on male sex hormones, not money

Agence France-Presse | By HT Correspondent
UPDATED ON JUL 04, 2018 12:01 PM IST
Male sex hormone testosterone, says a study, influences men to buy expensive products from luxury brands.Owning status products, for men, is a strategy to signal their rank within social hierarchies.
Cosmetic companies are benefiting from a strong appetite for skincare products.(Shutterstock)
Cosmetic companies are benefiting from a strong appetite for skincare products.(Shutterstock)

Is your natural make-up free of forced labour?

Reuters | By HT Correspondent
UPDATED ON JUN 22, 2018 11:22 AM IST
The key components of cosmetics include ingredients that could be fuelling modern-day slavery. Here’s what to look out for.
A Kendriya Bhandar at RK Puram. Kendriya Bhandar has over 92,000 members, including the central government, which holds almost 70% shares.(Vipin Kumar/HT Photo)
A Kendriya Bhandar at RK Puram. Kendriya Bhandar has over 92,000 members, including the central government, which holds almost 70% shares.(Vipin Kumar/HT Photo)

How Delhi’s consumer cooperative stores are struggling to survive

Hindustan Times, New Delhi | By Manoj Sharma
UPDATED ON MAY 13, 2018 09:39 AM IST
Till the early 1990s, there were over 600 cooperative stores but most of them have now shut shop, including the once-bustling Super Bazar. Only about 35 are presently active.
Acharya Karamveer at a programme of Kalpamrit Ayurved Limited at Chetan Jyoti ashram in Haridwar.(RAMESHWAR GAUR/HT PHOTO)
Acharya Karamveer at a programme of Kalpamrit Ayurved Limited at Chetan Jyoti ashram in Haridwar.(RAMESHWAR GAUR/HT PHOTO)

Ramdev’s former partner questions quality of Patanjali products

Hindustan Times, Haridwar | By Sandeep Rawat
UPDATED ON MAY 05, 2018 09:20 PM IST
Following the footsteps of the yoga guru, Karamveer is slowly expanding his domain in FMCG business, with his range of Ayurved items termed as products of Maharishi Patanjali Parivar.
Avenue Supermarts Ltd., operating DMart chain of supermarkets, now trades at a 12-month blended forwards price-to-earning of 80.5, higher than even its own average of 70, as per data compiled by Bloomberg.(Dhiraj Singh/Bloomberg)
Avenue Supermarts Ltd., operating DMart chain of supermarkets, now trades at a 12-month blended forwards price-to-earning of 80.5, higher than even its own average of 70, as per data compiled by Bloomberg.(Dhiraj Singh/Bloomberg)

Consumer goods India’s best stock market bet, says Axis Mutual Fund

Nupur Acharya, Bloomberg | By HT Correspondent
UPDATED ON APR 07, 2018 04:34 PM IST
A gauge of 255 consumer discretionary companies compiled by S&P BSE gained 54% last year on optimism of a revival in demand after Prime Minister Narendra Modi’s cash prohibitions in late 2016 and the the roll out of a nationwide sales tax in July.
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