Consumer Durables

COVID-19, lockdown impact: 27 mn youth in their 20s lost their jobs in April, reveals CMIE

Over 27 million youngsters in their 20s lost their jobs in April. This has serious long-term repercussion, the CMIE report said.

Investors witness wealth erosion of Rs 5.82 lakh cr as equities tank; market sentiments get dampened over renewed Sino-US tensions

Led by weak trend in the equity market, the market capitalisation of the BSE-listed companies fell by Rs 5,82,695.93 crore to Rs 1,23,58,924.89 crore.

Lockdown: Disruption in production, supply lines to hit consumer business despite rise in demand, says report

The consumer durables segment, which was already having a difficult time, is now expected to take close to a year to show any signs of growth, it added.

Consumer durable industry returns to steady growth path in 2019; economic slowdown a threat for 2020

The consumer durables sector, estimated to be around Rs 76,400 crore in FY'19, logged a growth rate of about 10 percent, largely helped by long and harsh summer, which lifted sales of compressor-based cooling products such as AC and refrigerators.

Industrial production rises 1.8% in November on growth in manufacturing sector after 3 months of contraction

Industrial production, or factory output, is the closest approximation for measuring the economic activity of the country's business landscape.

Industrial production declines by 3.8% in October on poor performance by power, capital goods, consumer durables sectors

Industrial production shrank by 3.8 percent in October, mainly due to poor performance by power, capital goods, consumer durables sectors, according to official data released on Thursday

Banks' high retail loan book due to securitisation by NBFCs, not actual credit demand: Crisil

Adjusted for the securitisation, which is when a lender transfers future receivables to another one, retail credit growth will come at a lower 12 percent for the first half of the fiscal, as aga

Industrial production contracts at fastest pace in over seven years at 4.3% in September; consumer durables, non-durables register negative growth

The power generation sector output dipped 2.6 percent in September, compared to 8.2 percent growth in the year-ago period.

WPI inflation at 39-month low of 0.33% in September: Near zero wholesale prices offer more bad news to a slowdown-hit economy

Wholesale price inflation (WPI) nearing zero means companies are beginning to lose pricing power and deflationary fears are looming over the economy

IIP contracts by 1.1% in August: Indian economy is waiting for a Santa to cheer it with bags full of money

The August IIP numbers was the lowest in seven years showing negative growth of 1.1%