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Latest from consumer goods

Is IIP a correct indicator of economic activity?

A more careful reading of IIP data, however, shows that the index might be a misleading source of reading consumer demand in the Indian economy

he Index of Industrial Production is the only official monthly indicator which gives an idea about the level of economic activity in manufacturing in the Indian economy. (Bloomberg file photo)

business

Published on Nov 14, 2023 12:02 PM IST

ByRoshan Kishore, New Delhi

India’s K-shaped recovery crisis

IIP numbers reveal consumption demand at the bottom of the pyramid needs to pick up for economic growth to regain momentum

The Index of Industrial Production (IIP) grew at 5.8% in September(Bloomberg File Photo)

editorials

Published on Nov 13, 2023 09:14 AM IST

ByHT Editorial

More stress foreseen on rural consumer demand

The cost of rice has gone up by 10% in the last year. But what gets noticed and talked about are the prices of perishables surging in a short span

cities

Updated on Aug 04, 2023 12:25 AM IST

ByShuchi Bansal

Retail inflation cools to 18-month low 4.7%

India’s benchmark inflation rate, as measured by the Consumer Price Index (CPI) fell to 4

Within food, prices of vegetables, egg, fish and meat and edible oils have seen a contraction. (PTI)

india news

Updated on May 12, 2023 11:42 PM IST

ByRoshan Kishore, New Delhi

Home decor business gets an Insta makeover

With higher disposable incomes, new-found connection to their homes, and a willingness to refresh them, consumers are seeking high-quality options. Earlier, people showed off their dwellings only by inviting people home. Now all they need to do is put pictures and videos on social media to let everyone know what is inside their homes

People are buying everything from furniture to home and decor within the comfort of their homes

cities

Updated on Apr 21, 2023 12:42 AM IST

ByShuchi Bansal

Rents in this European city soar at fastest pace in more than a decade

Rents in London are rocketing at their fastest pace in more than a decade as private tenants fight over a dwindling supply of homes.

London suffered its fastest increase in private rents since December 2012.(Representative image/ Ellis and Co)

real estate

Published on Apr 19, 2023 07:20 PM IST

Bloomberg |

Sitharaman defends India’s position on trade, manufacturing and climate

Sitharaman acknowledged that it would be “unrealistic” to expect that all of manufacturing and investment interest will move out of China.

Finance minister Nirmala Sitharaman at the Treasury Department in Washington. (REUTERS)

india news

Updated on Apr 12, 2023 05:21 AM IST

ByPrashant Jha

China tops list of ‘most billionaires’, US next; India third

The ‘M3M Global Rich List 2023’ released by Hurun India shared highlights on India's position in billionaires' list worldwide on Wednesday.

Ambani, who is Asia’s richest person, is the only Indian to enter the top 10 of the list.(File )

business

Published on Mar 22, 2023 06:28 PM IST

ByYagya Sharma | Edited by Kunal Gaurav

This shipping company is giving 5 years of salary as bonus

Taiwan shipping company Evergreen, that made headlines in 2021 when its container ship blocked the Suez Canal, is handing out massive bonuses to its 3100 workers after a jump in its profits.

Taiwanese shipping giant Evergreen is set to hand out 60 months' of salary as bonus to selected employees. (Bloomberg)

business

Published on Mar 21, 2023 10:01 PM IST

ByYagya Sharma

World Consumer Rights Day 2023: History, significance, theme

World Consumer Rights Day 2023: On this day, people across the world support all consumers' basic rights, demanding that those rights be protected and respected and denouncing market injustices.

The main objective of celebrating World Consumer Rights Day is to ensure that consumers are not subjected to market exploitation.(MINT_PRINT)

world news

Published on Mar 15, 2023 08:12 AM IST

ByShobhit Gupta

Consumer goods sector may shift to the slow lane: Nielsen

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.

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

business

Updated on Nov 27, 2020 07:18 AM IST

New Delhi | BySuneera Tandon

Q1 earnings collapse blurs signs of economic revival

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.

Traders monitor BSE index at a brokerage firm in Mumbai, Monday(PTI File Photo)

business

Updated on Aug 17, 2020 05:00 AM IST

Mint, Mumbai | ByNasrin Sultana and Ravindra Sonavane

Disentangling India’s trade surplus

Exports are slowly bouncing back, even as the fall in imports in certain categories isn’t bad news

Will the self-reliance campaign create local manufacturing to substitute certain import items?(Bloomberg)

analysis

Updated on Jul 20, 2020 06:55 AM IST

ByAashish Chandorkar

Lockdown effect: Haryana’s economy to take a hit

Tax officials said the extent of revenue loss will depend on how long the lockdown continues.

cities

Updated on Mar 31, 2020 10:03 PM IST

Hindustan Times, Chandigarh | ByHitender Rao, Chandigarh

Factory output recovers in November, expands by 1.8%

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 number underlines the signs of some sort of recovery in industrial activity(Ramesh Pathania /HT File Photo)

business

Updated on Jan 11, 2020 06:46 AM IST

Hindustan Times, New Delhi | ByRoshan Kishore

Govt may pump more funds into NREGS to boost rural economy

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 job surge under the scheme has exhausted ~50,000cr of the ~60,000cr allocated to the programme in this year’s budget.(HT File)

india news

Updated on Oct 27, 2019 12:59 AM IST

New Delhi | BySaubhadra Chatterji, Zia Haq

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

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.

The Trump administration’s latest round of tariffs on Chinese imports have taken effect(REUTERS)

world news

Updated on Sep 01, 2019 09:55 AM IST

Washington | ByAssociated Press

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

Jugni gathers intelligence by processing data on how unorganised businesses function to help non-branded MSMEs streamline businesses, save money, and scale up.

Jugni will soon be active to serve over 20 million MSMEs in India, before going global.(SpanBuy)

brand post

Updated on Jul 16, 2019 12:29 PM IST

ByHT Correspondent

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

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.

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)

business

Updated on May 09, 2019 11:12 AM IST

Bloomberg | ByNatalie Lung

How Venezuela turns its useless bank notes into gold

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.

Venezuela’s central bank has been selling its artisan gold directly to Turkish refiners, according to two senior Venezuelan officials.(AFP)

world news

Updated on Feb 11, 2019 11:04 AM IST

El Callao | ByReuters

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

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.

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)

india news

Updated on Dec 27, 2018 07:46 AM IST

New Delhi | ByRoshan Kishore

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

So far, the implementing authorities were avoiding taking action against individuals found violating the directives

Shopkeepers use plastic bags after the statewide ban in Bandra.(HT Photo)

cities

Updated on Oct 02, 2018 02:32 PM IST

Hindustan Times | ByFaisal Malik, Mumbai

Gurugram municipality to seal shops operating without trade licences in malls

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.

cities

Published on Sep 20, 2018 03:54 AM IST

Hindustan Times, Gurugram | ByHT Correspondent

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

Finance minister Piyush Goyal on Wednesday said the GST collection figure of ₹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.

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)

india news

Published on Aug 01, 2018 07:40 PM IST

New Delhi | ByIndo Asian News Service

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

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

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)

analysis

Published on Jul 31, 2018 12:55 PM IST

ByNitish Kumar

India’s love affair with gold may be waning

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.

Employees wait for customers inside a gold jewellery showroom in New Delhi.(Reuters File Photo)

business

Updated on Jul 04, 2018 03:39 PM IST

Bloomberg | ByShruti Srivastava and Swansy Afonso

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

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.

Male sex hormone, testosterone, is a major influencer of male consumer behaviour.(Shutterstock)

lifestyle

Updated on Jul 04, 2018 12:01 PM IST

Agence France-Presse | ByHT Correspondent

Is your natural make-up free of forced labour?

The key components of cosmetics include ingredients that could be fuelling modern-day slavery. Here’s what to look out for.

Cosmetic companies are benefiting from a strong appetite for skincare products.(Shutterstock)

lifestyle

Updated on Jun 22, 2018 11:22 AM IST

Reuters | ByHT Correspondent

How Delhi’s consumer cooperative stores are struggling to survive

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.

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)

cities

Updated on May 13, 2018 09:39 AM IST

Hindustan Times, New Delhi | ByManoj Sharma

Ramdev’s former partner questions quality of Patanjali products

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.

Acharya Karamveer at a programme of Kalpamrit Ayurved Limited at Chetan Jyoti ashram in Haridwar.(RAMESHWAR GAUR/HT PHOTO)

cities

Updated on May 05, 2018 09:20 PM IST

Hindustan Times, Haridwar | BySandeep Rawat

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consumer goods 3

Latest from consumer goods

A more careful reading of IIP data, however, shows that the index might be a misleading source of reading consumer demand in the Indian economy

IIP numbers reveal consumption demand at the bottom of the pyramid needs to pick up for economic growth to regain momentum

The cost of rice has gone up by 10% in the last year. But what gets noticed and talked about are the prices of perishables surging in a short span

India’s benchmark inflation rate, as measured by the Consumer Price Index (CPI) fell to 4

Rents in London are rocketing at their fastest pace in more than a decade as private tenants fight over a dwindling supply of homes.

Sitharaman acknowledged that it would be “unrealistic” to expect that all of manufacturing and investment interest will move out of China.

The ‘M3M Global Rich List 2023’ released by Hurun India shared highlights on India's position in billionaires' list worldwide on Wednesday.

Taiwan shipping company Evergreen, that made headlines in 2021 when its container ship blocked the Suez Canal, is handing out massive bonuses to its 3100 workers after a jump in its profits.

World Consumer Rights Day 2023: On this day, people across the world support all consumers' basic rights, demanding that those rights be protected and respected and denouncing market injustices.

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.

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.

Exports are slowly bouncing back, even as the fall in imports in certain categories isn’t bad news

Tax officials said the extent of revenue loss will depend on how long the lockdown continues.

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.

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 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 gathers intelligence by processing data on how unorganised businesses function to help non-branded MSMEs streamline businesses, save money, and scale up.

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.

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.

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.

Finance minister Piyush Goyal on Wednesday said the GST collection figure of ₹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.

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, 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.

The key components of cosmetics include ingredients that could be fuelling modern-day slavery. Here’s what to look out for.

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.

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.

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