Consumer Stocks In India
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Sensex Up 950 Points, Nifty Gains 299 Points As Market Bounce Back
Benchmark indices Sensex and Nifty rebounded sharply on Friday driven by buying in blue-chip IT stocks and consumer goods major ITC.
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Sensex Rallies 600 Points, Nifty Soars Amid US Federal Rate Cut Hopes
Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon.
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Sensex At Lifetime High, Nifty Hits Record High As HDFC, TCS Stocks Surge
Equity benchmark indices Sensex and Nifty rebounded sharply to hit record fresh highs on Thursday, propped up by buying in IT, consumer durables and financial stocks amid expectations of a robust corporate performance.
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Onion To Be Sold At Subsidised Rate Of Rs 25/Kg In Delhi From Monday
Cooperative NCCF will commence retail sale of onion from the government buffer stock at a subsidised rate of Rs 25 per kg in the national capital from Monday to give relief to consumers from high prices of the kitchen staple,
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ITC Briefly Dethrones Hindustan Unilever To Become No. 1 Consumer Stock
Asia's largest cigarette maker ITC briefly reclaimed its position as India's most valuable fast-moving consumer goods stock on Monday after ousting Hindustan Unilever (HUL) from the spot.
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Surging India Internet Stocks Beat Larger China Rivals, Widening Gap
India's consumer technology stocks are on a tear this year, handsomely beating their larger rivals in China and widening the divergence between two of the world's largest equity markets.
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Xiaomi Feels Sting of China COVID Curbs With 20 Percent Fall in Q2 Revenue, Smartphone Sales Fall 29 Percent
Xiaomi reported a 20 percent drop in revenue year-on-year, as the smartphone giant felt the sting of Covid-19 curbs and restrictions in China. The firm’s stock price has tumbled nearly 40 percent since the start of 2022, hit by the slowing Chinese economy and weakening overseas growth.
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Navjot Sidhu's Advice To His Own Government Amid Rift
Punjab Congress leader Navjot Singh Sidhu on Sunday sought action against private thermal power plants in the state for "punishing consumers" by not maintaining adequate coal stock for electricity generation.
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Indian Gold Dealers Stock Up, Hope To Usher In Festive Glitter
Physical gold dealers in India continued to stock up this week ahead of an expected festival sales bump, while the Golden Week in top consumer China did little to revive bullion demand.
-
"Suitable For Goats, Sheep": Centre To Madhya Pradesh On Grains For Poor
During the coronavirus lockdown, the centre and the state governments made promises of giving food grains to the poor for free. However, there was little information about the nutritional value or quality. Now, the answer to the question of quality has come from the centre, at least for Madhya Pradesh's public distribution system (PDS). The ration ...
-
As Onion Prices Soar, Food Minister's Warning To Hoarders
Food and Consumer Affairs Minister Ram Vilas Paswan today warned hoarders and black marketers against stocking onions to further escalate its prices as the vegetable supply remained limited due to recent floods in main-growing states like Maharasthra and Karnataka.
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Sensex Scales 32,000 As Records Tumble, Nifty Near 9,900: 10 Points
The Sensex ended above 32,000 for the first time after consumer price inflation fell to a record low of 1.54 per cent in June and Chief Economic Advisor Arvind Subramanian made a strong case once more for a Reserve Bank rate cut. Nudging the RBI, Dr Subramanian said policymakers "will reflect" on this historically low inflation data "very very care...
-
Market Darling India Has Issues As Inflation Hits Record Low
Some of the pessimism stems from the fact that is India is still recovering from a cash ban that interrupted employment for millions, forced farmers into fire sales of agricultural produce and bogged down the manufacturing sector.
-
Print New MRP On Unsold Stock After Factoring In Input Tax Credit: Government
On July 4, the Consumer Affairs Ministry relaxed norms under the Legal Metrology (packaged commodities) rule and allowed companies to clear unsold stocks by September with new MRP factoring GST. A circular was issued in this regard.
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Rs. 3 Crore Blocked Due To Unwarranted Purchases By Hospitals: Auditor Report
Hospitals under Delhi government procured items and consumables which lay unused in stock for prolonged periods without assessing their requirement resulting in blocking of Rs 3.16 crore, observed the CAG in its audit of the years 2010-2015.
-
Sensex Up 950 Points, Nifty Gains 299 Points As Market Bounce Back
Benchmark indices Sensex and Nifty rebounded sharply on Friday driven by buying in blue-chip IT stocks and consumer goods major ITC.
-
Sensex Rallies 600 Points, Nifty Soars Amid US Federal Rate Cut Hopes
Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon.
-
Sensex At Lifetime High, Nifty Hits Record High As HDFC, TCS Stocks Surge
Equity benchmark indices Sensex and Nifty rebounded sharply to hit record fresh highs on Thursday, propped up by buying in IT, consumer durables and financial stocks amid expectations of a robust corporate performance.
-
Onion To Be Sold At Subsidised Rate Of Rs 25/Kg In Delhi From Monday
Cooperative NCCF will commence retail sale of onion from the government buffer stock at a subsidised rate of Rs 25 per kg in the national capital from Monday to give relief to consumers from high prices of the kitchen staple,
-
ITC Briefly Dethrones Hindustan Unilever To Become No. 1 Consumer Stock
Asia's largest cigarette maker ITC briefly reclaimed its position as India's most valuable fast-moving consumer goods stock on Monday after ousting Hindustan Unilever (HUL) from the spot.
-
Surging India Internet Stocks Beat Larger China Rivals, Widening Gap
India's consumer technology stocks are on a tear this year, handsomely beating their larger rivals in China and widening the divergence between two of the world's largest equity markets.
-
Xiaomi Feels Sting of China COVID Curbs With 20 Percent Fall in Q2 Revenue, Smartphone Sales Fall 29 Percent
Xiaomi reported a 20 percent drop in revenue year-on-year, as the smartphone giant felt the sting of Covid-19 curbs and restrictions in China. The firm’s stock price has tumbled nearly 40 percent since the start of 2022, hit by the slowing Chinese economy and weakening overseas growth.
-
Navjot Sidhu's Advice To His Own Government Amid Rift
Punjab Congress leader Navjot Singh Sidhu on Sunday sought action against private thermal power plants in the state for "punishing consumers" by not maintaining adequate coal stock for electricity generation.
-
Indian Gold Dealers Stock Up, Hope To Usher In Festive Glitter
Physical gold dealers in India continued to stock up this week ahead of an expected festival sales bump, while the Golden Week in top consumer China did little to revive bullion demand.
-
"Suitable For Goats, Sheep": Centre To Madhya Pradesh On Grains For Poor
During the coronavirus lockdown, the centre and the state governments made promises of giving food grains to the poor for free. However, there was little information about the nutritional value or quality. Now, the answer to the question of quality has come from the centre, at least for Madhya Pradesh's public distribution system (PDS). The ration ...
-
As Onion Prices Soar, Food Minister's Warning To Hoarders
Food and Consumer Affairs Minister Ram Vilas Paswan today warned hoarders and black marketers against stocking onions to further escalate its prices as the vegetable supply remained limited due to recent floods in main-growing states like Maharasthra and Karnataka.
-
Sensex Scales 32,000 As Records Tumble, Nifty Near 9,900: 10 Points
The Sensex ended above 32,000 for the first time after consumer price inflation fell to a record low of 1.54 per cent in June and Chief Economic Advisor Arvind Subramanian made a strong case once more for a Reserve Bank rate cut. Nudging the RBI, Dr Subramanian said policymakers "will reflect" on this historically low inflation data "very very care...
-
Market Darling India Has Issues As Inflation Hits Record Low
Some of the pessimism stems from the fact that is India is still recovering from a cash ban that interrupted employment for millions, forced farmers into fire sales of agricultural produce and bogged down the manufacturing sector.
-
Print New MRP On Unsold Stock After Factoring In Input Tax Credit: Government
On July 4, the Consumer Affairs Ministry relaxed norms under the Legal Metrology (packaged commodities) rule and allowed companies to clear unsold stocks by September with new MRP factoring GST. A circular was issued in this regard.
-
Rs. 3 Crore Blocked Due To Unwarranted Purchases By Hospitals: Auditor Report
Hospitals under Delhi government procured items and consumables which lay unused in stock for prolonged periods without assessing their requirement resulting in blocking of Rs 3.16 crore, observed the CAG in its audit of the years 2010-2015.
