The consumer affairs ministry proposed changes to Consumer Protection Rules, 2020
India has to put in place rules that seek more transparency from technology companies. Domestic and global companies that use consumer behaviour data to enhance addictive behaviour must be scrutinised
Experts say despite the revival in the sales of essential goods, several sectors are continuing to drag private consumption down.
BSE FMCG index has gained just 2.4% since the Union Budget, compared to the 11.4% rally in the benchmark during the period
The plan, if implemented, would effectively end the government's laissez-faire approach to the industry.
One in three early adopters globally are still willing to pay a 20 percent premium
A new study involving 1,361 CMO of 12 countries including India has found that their top challenge is understanding the changes in consumer behaviour the Covid-19 pandemic is leading to.
As many as "94.5 per cent of the working respondents have settled into a virtual working environment and 40 per cent are positive about working from home", it said
Normalcy in operations, push into rural areas aid growth
The intent of the 65 per cent need not fully translate into shopping, but the study - TRA's Diwali 2020 Buying Propensity Report - hinted at categories that could be worth investing in
The company posted a net profit of Rs 190.09 crore in April-June a year ago, said TCPL, earlier known as Tata Global Beverages Ltd, in a BSE filing.
Kotler believes that the current pandemic will usher in an anti-consuming movement. He points to the emergence of at least five types of anti-consumerists
Weak demand and falling income to hit the segment
Makers of hygiene and essential items may not feel the pinch but discretionary categories have a long road to recovery
The affordability index has been constructed using the annual earnings of an average industrial worker
Earnings multiple of consumer durable firms at 3.5-year high
Rate of growth nearly double that of traditional trade in July-Sept: Nielsen data
EI defines a megatrend as a long-term shift in behaviour or attitude with global impact across multiple industries
Consumers adopting technology thanks to smartphone penetration and the government's push for a digitised economy are creating many opportunities
The index had witnessed 10 per cent correction from June, 2019 and an upside of over 5 per cent in the past two sessions has strengthened the positive view on the technical charts