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Indian Consumers

Explained: Why Indian consumers don't gain from Russian crude oil

Supplies from Russia come at a substantial discount to global prices, but Indian pump prices have remained unchanged for nearly ten months

Explained: Why Indian consumers don't gain from Russian crude oil
Updated On : 03 Mar 2023 | 9:22 PM IST

Indian consumer goods makers bet on rural recovery to lift profits

A nascent revival in rural demand is likely to prop profits at Indian consumer goods companies in the March quarter, as improving income and credit disbursal allow buyers to spend more on branded oils

Indian consumer goods makers bet on rural recovery to lift profits
Updated On : 16 Feb 2023 | 5:47 PM IST

Consumers willing to pay premium for next vehicle amid inflation fears

Indian consumers are willing to pay a premium for purchasing their next vehicle despite fears of inflation, with a large portion of them looking at automobiles in the Rs 1,025 lakh price bracket

Consumers willing to pay premium for next vehicle amid inflation fears
Updated On : 17 Jan 2023 | 6:25 PM IST

Tata CLiQ Luxury expands its luxury fashion category with launch of Le Mill

Partnership will offer international brands in apparel, accessories, and footwear

Tata CLiQ Luxury expands its luxury fashion category with launch of Le Mill
Updated On : 30 Nov 2022 | 12:01 PM IST

Dettol enters a new category with Dettol multi-use antiseptic cream

With the launch of this antiseptic cream, the company aims to create a niche for itself in the cuts and wounds segment, as it looks to on building on its existing antiseptic liquid

Dettol enters a new category with Dettol multi-use antiseptic cream
Updated On : 17 Nov 2022 | 9:57 PM IST

Higher mobile bills hit Indian consumers harder than most nations

An analysis from shows that while overall bills are lower in India in absolute terms, they are a larger share of monthly income than in many economies

Higher mobile bills hit Indian consumers harder than most nations
Updated On : 05 Nov 2022 | 12:53 AM IST

Bankers take to streets with megaphones, enlist grocers to lure customers

Rising loan demand from companies and consumers has pushed annual credit growth to a decade high of 17.95% as of October, compared to a five-year average of 9.7%

Bankers take to streets with megaphones, enlist grocers to lure customers
Updated On : 03 Nov 2022 | 7:31 AM IST

Eveready PAT dips 52% to Rs 15 cr on non-cash charge of unamortised fees

Company says the charge will even out for the full year; revenue up 5% to Rs 376 cr

Eveready PAT dips 52% to Rs 15 cr on non-cash charge of unamortised fees
Updated On : 28 Oct 2022 | 7:05 PM IST

CCI's Rs 1,338-cr penalty a 'major setback' for Indian consumers: Google

Google on Friday said it will review Competition Commission's (CCI) decision to impose a Rs 1,338 crore penalty for alleged anti-competitive practice, and termed the order a "major setback" for Indian consumers and businesses. In its first official response after the CCI order, Google said Android has created more choices for everyone and supports thousands of successful businesses in India and around the world. "The CCI's decision is a major setback for Indian consumers and businesses, opening serious security risks for Indians who trust Android's security features, and raising the cost of mobile devices for Indians," a Google spokesperson said in an email statement. Google said it will "review the decision to evaluate the next steps". The competition watchdog on Thursday slapped a steep penalty of Rs 1,337.76 crore on Google for abusing its dominant position in multiple markets in relation to Android mobile devices and ordered the internet major to cease and desist from various .

CCI's Rs 1,338-cr penalty a 'major setback' for Indian consumers: Google
Updated On : 21 Oct 2022 | 6:21 PM IST

Even poorest of Indian consumers deserve quality products: Piyush Goyal

Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Tuesday said that even the poorest citizen of the country deserves the best quality products and the culture of no compromise with quality has to be adopted in the country.Goyal addressed the Special Plenary Session at FICCI LEADS 2022 program in New Delhi on Tuesday.Piyush Goyal urged the Industry to focus on 5 Key areas in the Manufacturing sector - Standards or Quality, Durability, Design, Price & Sustainability and align them to the international standards.He said, "We must adopt new technologies like IoT, AI and Machine Learning. We must look at upskilling and retraining our workforce to be able to meet the needs of Industry 4.0."Speaking on the importance of world trade, Goyal said that we must acknowledge that we need to engage with the world to develop. We need to globalize trade and get the best from the world while simultaneously giving the best to the

Even poorest of Indian consumers deserve quality products: Piyush Goyal
Updated On : 21 Sep 2022 | 6:59 AM IST

Indians optimistic on growth outlook amid high inflation: EY study

They are shifting to new brands in search for value, says multi-nation survey

Indians optimistic on growth outlook amid high inflation: EY study
Updated On : 20 Sep 2022 | 12:42 AM IST

Group buying start-up Citymall raises $75 mn in Series C funding round

It is the company's third fundraise in 18 months, bringing the total capital raised to $110 million.

Group buying start-up Citymall raises $75 mn in Series C funding round
Updated On : 31 Mar 2022 | 12:03 AM IST

Consumers show cautious optimism; hold non-discretionary spends: Report

Indian consumers are showing cautious optimism and balancing non-discretionary spending as they are saving more for the future, according to a report.

Consumers show cautious optimism; hold non-discretionary spends: Report
Updated On : 27 Mar 2022 | 12:53 PM IST

Need to protect consumers, small retailers amid growth in e-commerce: Govt

Consumer Affairs Secretary Rohit Kumar Singh on Tuesday stressed that there should not be a situation of monopoly by large e-commerce players like Amazon and Flipkart

Need to protect consumers, small retailers amid growth in e-commerce: Govt
Updated On : 15 Mar 2022 | 5:58 PM IST

Indian consumers spend to live in the moment despite inflation heat: Survey

Despite global inflationary concerns, Indians are looking forward to having a balanced life with plans to spend on luxuries such as personal care, clothing, vehicle, leisure travel and air travels

Indian consumers spend to live in the moment despite inflation heat: Survey
Updated On : 22 Nov 2021 | 7:45 PM IST

India's consumption story is slowly turning the page: FMCGs

After their tryst with smaller packs and lower product categories, consumers are now shrugging off the tendency to compromise on quality and quantity

India's consumption story is slowly turning the page: FMCGs
Updated On : 23 Sep 2021 | 5:09 PM IST

From households to FMCG companies, commodity inflation bites hard

The higher prices of widely used raw materials such as edible oils, pulses, television panels, and chipsets are burdening household budgets and threatening the margins of leading manufacturers

From households to FMCG companies, commodity inflation bites hard
Updated On : 10 Jul 2021 | 6:10 AM IST

ITC, Emami see uptick in discretionary consumer spend in September quarter

Four months since unlock began, demand for essentials remains robust but the frenzy is dying down

ITC, Emami see uptick in discretionary consumer spend in September quarter
Updated On : 14 Nov 2020 | 12:02 AM IST

Health, privacy, Covid-19 driving paradigm shift in consumer behaviour: EY

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

Health, privacy, Covid-19 driving paradigm shift in consumer behaviour: EY
Updated On : 13 Aug 2020 | 11:25 PM IST

Letter to BS: Firms should focus more on customer satisfaction than profits

In spite of the Consumer Protection Act, 2019, the consumer's awareness about the quality of product or service remains low.

Letter to BS: Firms should focus more on customer satisfaction than profits
Updated On : 16 Jul 2020 | 9:40 PM IST