Consumer Durables News
Lowering the GST tax slabs for eco-friendly and energy-efficient products like 4 star, 5 star, and inverter air conditioners and refrigerators will drive demand
Manufacturing sector, which constitutes 77.63 percent of the IIP, recorded a decline of 11.1 percent in July as against a growth of 4.8 percent in same month last year
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.
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.
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 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
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%
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Corporate India's revenue growth hits six-quarter low in Q4 on weak consumer sentiments: ICRA report
Weakness in consumer sentiments and softening commodity prices have led India Inc to deliver six-quarter low revenue growth of 10 percent in the fourth quarter of FY19, a report said on Thursday
Industrial output contracts 0.1% in March to lowest in 21 months as manufacturing sector growth slows down
Industrial output growth was 4.6 percent and 3.3 percent in 2016-17 and 2015-16, respectively.
Industrial growth falls to 17-month low of 0.5% in November on contraction in manufacturing sector; power output grows
The manufacturing sector, which constitutes 77.63 percent of the index, recorded a contraction of 0.4 percent in November as against a growth of 10.4 percent a year ago.
Sensex drops 272 points on heavy selling in realty, consumer durables and auto counters amid weak global cues
After rising briefly to 35,910.67 at the outset, the 30-share quickly slipped into the negative terrain in line with a weak trend at other Asian markets
Asian markets skidded as concerns over global growth and the protracted US-China trade dispute sapped risk appetite.
Sensex down 160 points at 34,208, Nifty slips below 10,300; Vedanta, Tata Steel, Wipro stocks among top losers
Falling for the fourth straight session, the BSE 30-share barometer fell 169.20 points, or 0.53 percent
Sensex rises over 150 points at 36,506, Nifty reclaims 11,000-mark as October F&O series opens strong
The 30-share Sensex, which lost 327.89 points in the previous two sessions, recovered by 181.95 points, or 0.50 percent, to 36,506.12