Consumer Goods

Karnataka govt invites investors to tap opportunity in Hubli; looks at developing cluster for FMCG goods

The Karnataka government sees Rs 20,000-30,000 crore investment opportunities in Hubli-Dharwad region

Manufacturing sector growth moderates in June amid softer rise in orders; increase in exports shows signs of weakness: PMI

This is the 23rd consecutive month that the manufacturing PMI has remained above the 50-point mark.

Govt should take steps to revive auto industry’s growth; keen to work with ministries for smooth shift to BS-VI: SIAM

Domestic passenger vehicle sales dropped by 17.07% in April as weak customer sentiment led by liquidity crunch, uncertainty revolving elections and high product prices hit sales.

Eight indicators tell us what is going wrong in Indian economy right now and why bad days await next government

The rural economy, which largely depends on agriculture, is in a mess. Falling prices of agricultural produce and lack of irrigation/ storage facilities have been hurting the farmers

IIP at 1.7%, CPI at 2.57% in January: Growth slowdown disappointing, but wasn't unexpected; MPC may have reason to rush for rate cut

Industrial growth is an important indicator of the real sector as most of the GDP growth we have seen so far is due to services where the government plays an important role

Retail inflation, IIP growth bring good news for govt, but there may not be immediate rate cuts

The lower inflation rate is even below what the RBI had projected and even today it looks like that the rate will not cross 3 percent this year.

Economy beginning to look good with IIP at 7%, CPI inflation at 5-month low, but not time to lower guard yet

Several indicators for the economy appear to be showing signs of improvement which gives reason to be sanguine about next year.

GST pulls down India Inc net profit by 15.7% to Rs 87,475 cr in Q1 : Care Ratings report

India Inc profits dipped by 15.7 percent to Rs 87,475 crore in the first quarter of the current fiscal, largely owing to destocking of goods by companies before execution of GST regime from 1 July

GST from 1 July: About 1.3 mn tax, IT jobs open; carpentars, tailors, plumbers to benefit too, says report

On the tax front, there is strong demand for lawyers, chartered accountants, cost accountants and tax consultants

IIP growth bounces back in January, expands by 2.7%

The factory output had contracted by 0.1 percent in December on account of cash crunch following demonetisation of high value currency notes.