India Financial News

17.11 / 19:47
markets awards Intuit Colgate-Palmolive country reports Focus must be to move per capita consumption: Colgate India MD
Colgate-Palmolive India managing director Prabha Narasimhan said people are delaying purchases or extending consumption of daily household and personal products and with a large number of people making these small changes, it has led to a slowdown in the overall market. «Consumers tend to titrate or delay their usage of things, just quite intuitively when they feel the pressure. We have so much headroom to go in terms of moving per capita consumption, our focus really needs to be on that instead of worrying about the big macro indicators and what's happening outside our control,» Narasimhan told ET. «We are certainly seeing a little bit of headwind as far as urban growth is concerned and I do expect it to be temporary.» A report by NielsenIQ said urban demand increased 2.8% year-on-year in the July-September period, while rural demand grew more than twice as fast at 6%. Overall, the FMCG sector grew 5.7% by value and 4.1% by volume during the quarter. The company behind the eponymous toothpaste brand controls half the oral care segment in country and outpaced the market with 10% growth during quarter ended September.
17.11 / 18:35
Election Opinion wellness Photos Justice performer Courts Third eye: J&K's new buzzword, goodbye my captain & thinking on her feet
Transaction of Business Rules, also known as 'TBR', is the buzzword these days in Jammu and Kashmir's secretariat and other government offices, as there is a lack of clarity on the powers of the elected government in the Union Territory, as well as confusion about the processes and prioritisation of file movement between the chief minister's office and the Lieutenant Governor's Raj Bhavan. Due to the lack of clarity on TBR, a large number of files continue to circulate in the workplace. And a slew of officials keeps using the term as if it were some big mystery, especially when they don't want to perform the work or be held accountable for any given file.
17.11 / 18:35
CEO WhatsApp peace Former Canadian PM slams culture of cultivating Khalistanis and Jihadists
Former Canadian PM Stephen Harper, under whose watch ties with India prospered, has lashed out against the practice of cultivating Khalistanis and Jihadists and suggested tougher immigration rules. Harper expressed his views at an event organised by the Abraham Global Peace Initiative (AGPI) in a conversation with AGPI founder and CEO Avi Benlolo. In a column in the Canadian daily National Post on Friday, Benlolo quoted Harper as saying, «We must stop cultivating Jihadists, antisemites, Khalistanis, Tamil Tigers, and other divisive groups. When it comes to our immigration system, we are going to have to ask ourselves some hard questions about how we screen people.» «We cannot start importing age-old hatreds onto our streets,» he said.
17.11 / 18:35
markets Digital Strategy Election Trade President The evolution of trade union politics in Dhanbad: From independence to present
The trade union politics has traversed the course of time. In several assembly seats in and around Dhanbad, the leading candidates are either running a trade union or are associated with one. Sitting BJP MP from Dhanbad Dhulu Mahto is the general secretary of United Coal Workers Union. Dhullu Mahto's brother Shatrughan Mahto is contesting from Baghmara. Shatrughan is the president of United Coal Workers Union. People in the area told ET on condition of anonymity that during the recent Lok Sabha polls, Dhulu Mahto mobilised support in his favour through his trade union networks in villages and parts of Dhanbad. Contesting against Shatrughan Mahto is Congress Jharkhand working president Jaleshwar Mahto who is associated with Colliery Shramik Union.
17.11 / 17:29
markets Strategy economy country audience innovations peace India has embarked on new journey and goal is to build 'Viksit Bharat': PM Modi
Viksit Bharat' as he outlined his government's achievements during the last ten years. Addressing the Indian diaspora in the Nigerian capital, Modi also said that India has emerged as a new hope for the world, embodying growth, peace, prosperity, and democracy. Modi, who began his speech with «Sannu, Nigeria», which translates to «Hello», said this was his first visit to Nigeria as Prime Minister, but he did not come alone. «I have brought with me the fragrance of Indian soil and many good wishes for all of you on behalf of crores of Indians,» Modi said.
17.11 / 17:29
UPS Analysis Universities country reports strain Gujarat, Rajasthan to see up to 50 pc more rain, big deficit likely in Himalayas due to climate change
climate change, according to a new analysis. The report comes at a time when countries are debating ways, at the UN climate conference in Azerbaijan, to raise trillions of dollars to help developing nations reduce greenhouse-gas emissions and adapt to climate change. The southwest monsoon will see a shift from east to west, with the normally-drier western states experiencing higher precipitation, the analysis by the Azim Premji University said. It said the southwest monsoon will bring more rain to the normally-drier western states. However, the eastern states, such as parts of the northeast, may experience reduced rainfall. This shift will further strain agricultural systems in these regions.
17.11 / 17:29
markets Digital Manufacturing CEO Volkswagen Strategy country India is a “strategic market” for Volkswagen: Piyush Arora, MD & CEO, Skoda Auto Volkswagen India
Piyush Arora, Managing Director & CEO of Skoda Auto Volkswagen India told ET. Arora’s statements come amid media reports of a potential equity partnership between the Volkswagen Group with Mahindra & Mahindra (M&M). Several auto companies such as Ford, General Motors, MAN Trucks and two-wheelers such as UM Motorcycles, Harley Davidson have exited India, amid low volumes which made it difficult to sustain operations viably in the country. Ford, which only recently announced plans to restart manufacturing operations at its plant in Chennai for global markets, had pulled the plug on India ops after a possible joint venture with Mahindra fell through. Harley Davidson, meanwhile rebooted India ops through a sales, manufacturing tie-up with Hero MotoCorp.
17.11 / 17:29
markets Digital awards community President PAM country PM Modi concludes 'productive' Nigeria visit, leaves for Brazil to attend G20 Summit
bilateral talks with President Bola Ahmed Tinubu and interacted with the Indian community. Modi arrived in the Nigerian capital early Sunday on the first trip to the West African country by an Indian prime minister after a gap of 17 years. After concluding his «productive» visit, Modi posted on X, «Thank you Nigeria for a productive visit, which will add strength and vigour to India-Nigeria friendship.» «PM @narendramodi concludes a productive visit in Abuja, Nigeria,» the Ministry of External Affairs (MEA) said in a post on X.
17.11 / 17:29
markets Provident Digital security Strategy information Realty insolvency reforms to push for streamlined solutions for homebuyers, lenders
Insolvency and Bankruptcy Board of India’s (IBBI) proposed reforms to streamline the insolvency process for real estate companies. With the proposed changes, the biggest pain point for homebuyers—delayed possession—is slated to be taken care of. The amendments, aimed at addressing long-standing challenges under the Insolvency and Bankruptcy Code (IBC), promise timely possession, fairer claim valuation and increased transparency. One of the key proposals empowers the insolvency professionals to transfer possession or ownership of units to homebuyers who have met their financial commitments, provided the committee of creditors (CoC) approves the same.
17.11 / 16:15
markets Digital Election Death Experts Bangladesh will seek extradition of ex-premier Sheikh Hasina from India
Muhammad Yunus said Sunday that his administration will seek the extradition of ousted Prime Minister Sheikh Hasina from India, where has been in exile since fleeing a mass uprising in August. In a televised address to the nation on his first 100 days in office, Yunus said that the interim government will try those responsible including Hasina for hundreds of deaths during the student-led uprising that ended her 15-year rule. Yunus took the helm on Aug. 8, three days after Hasina fled the country. He said that not only the deaths in the uprising but all other violations of human rights, including alleged enforced disappearances while Hasina was in power, would be investigated. Bangladesh has sought help from the global police organization Interpol in issuing a red notice for the arrest of Hasina and her associates.
17.11 / 16:15
Citizens community students dance Schools Sudha Murty praises son-in-law Rishi Sunak's 'good Indian cultural values'
Sudha Murty has spoken of her pride in son-in-law Rishi Sunak, a British citizen with «good Indian cultural values» imbibed from his parents' upbringing in the UK. Murty joined Sunak and her daughter Akshata Murty as the guest of honour at Bharatiya Vidya Bhavan's annual Diwali gala in London on Saturday evening. The parents of the British Indian former prime minister, Usha and Yashvir Sunak, were also in the audience as Bhavan UK students showcased a variety of Indian classical music and dance forms. «I always believe when you are abroad, your parents must do two things: one is good education, which gives you wings in return and you can fly anywhere and settle; the second is great culture, your origin which is Indian origin or roots which you can get at Bharatiya Vidya Bhavan along with your parents,» said Murty, delivering her keynote address.
17.11 / 16:15
markets Digital Election Experts country Kharge likens BJP and RSS to poison; says 'poisonous snake should be killed'
Mallikarjun Kharge on Sunday likened the BJP and RSS to «poison» and termed them as «politically most dangerous» in India. Addressing a rally in Sangli on the penultimate day before the campaigning for the Maharashtra assembly polls concluded, Kharge used the «killing the poisonous snake» analogy in his speech. «If there is anything which is politically the most dangerous in India is the BJP and RSS. They are like poison. If a snake bites, the person (who is bitten) dies...such a poisonous snake should be killed,» said Kharge. He targeted Uttar Pradesh Chief Minister Yogi Adityanath over the death of 10 newborns in a fire at a medical college.
17.11 / 15:59
COST Aware economy Research Universities Department International India adopts CubeSat standard for global satellite play
Subscribe to enjoy similar stories. New Delhi: India has adopted the global standard for CubeSat—a class of small satellites—as part of the Union government’s efforts to expand the country’s share in the global space economy, two people aware of the development said.
17.11 / 14:11
COST UPS Citi community Trade Schools Amazon India moving headquarters in Bengaluru to save costs
Subscribe to enjoy similar stories. Bengaluru: Amazon India is moving its corporate headquarters from its longtime base in the northwest part of the city to close to the city's airport as part of the e-commerce and cloud computing giant's cost-cutting exercise, a development that has disturbed the idyllic setting of the bohemian residential community. Significantly, Amazon India's plan to move out of the World Trade Centre, where it occupies nearly half a million square feet of office space across eighteen of the thirty-floor building owned by Brigade Enterprises Ltd, raises questions about how the publicly-traded real estate developer would find a new tenant and on the rental income of adjoining flats.
17.11 / 14:11
COST UPS Target Hasbro Trade country Interviews How the maker of Nerf guns will navigate Trump’s tariffs on China
Subscribe to enjoy similar stories. Nerf guns. Monopoly board games.
17.11 / 14:11
markets UPS Digital Platform Experts show audience OTT viewership for TV shows surges amid changing consumer habits
Subscribe to enjoy similar stories. Top traditional television shows such as Bigg Boss, Indian Idol, Kaun Banega Crorepati, Anupamaa, and Yeh Rishta Kya Kehlata Hai are getting a substantial chunk of the total viewership - about 40-50% - from the respective digital platforms owned by the TV networks, when they are streamed as catch-up content.
17.11 / 12:47
Actor performer country concert song singer musician Diljit Dosanjh slams Telangana govt for censoring his songs; netizens call out Tollywood for crass item songs
Diljit Dosanjh is miffed with Telangana's censorship laws. The ‘Lover’ hitmaker hit back at the authorities for their stringent laws against songs/content that showcase violence and alcohol addiction. At a concert, the ‘Chamkila’ actor rued that while foreign musicians get all sorts of leeway when they come to perform, Indian laws suspiciously affect desi singers more. “When artists come here from other countries, they are allowed to do whatever they want… But when an artist from your own country is singing, people have problems," he said. A video capturing a unique moment from a recent Diljit Dosanjh concert has taken social media by storm. In the viral clip, concertgoers shared snippets of Diljit performing his hit tracks with playful lyrical tweaks. During his performance of Lemonade, he altered the line Tainu teri daaru ch pasand aa Lemonade to Tainu teri coke ch pasand aa Lemonade. Similarly, in his song 5 Taara, he switched the lyrics from 5 Taara thekke utthe to 5 Taara hotel ch, laughing as he sang.
17.11 / 12:47
markets Compilation security Analysis economy Trade International UAE-listed stocks top $1 trillion in value for the first time
That makes the combined UAE market, which includes exchanges in Dubai and Abu Dhabi, bigger than Milan or Madrid. While dwarfed by the nearly $3 trillion Saudi Arabian bourse, the UAE is larger than most emerging markets, barring a few like India and China, according to data compiled by Bloomberg.
17.11 / 12:47
markets Provident Digital Progressive Action country No progress at COP29 in matters critical to developing countries: India
COP29 in Baku, India expressed frustration with developed countries for not seriously discussing how to support climate action in developing nations, saying it is impossible to tackle climate change without financial and technological help. Delivering a statement in the closing plenary of the subsidiary bodies' meeting on the Mitigation Work Programme (MWP) on Saturday, India said developed countries, which have historically contributed the most to greenhouse gas emissions and have more resources and the ability to act on climate change, have repeatedly delayed climate action and continuously shifted goalposts. «We have seen no progress in matters critical for developing countries (during the last week). Our part of the world is facing some of the worst impacts of climate change with far lower capacity to recover from those impacts or to adapt to the changes to the climatic system for which we are not responsible,» said India's deputy lead negotiator Neelesh Sah. He said the MWP is meant to help, not punish, and must respect each country's right to set its own climate goals based on its unique needs and circumstances.
17.11 / 12:47
markets Digital Progressive Strategy awards Trade AVP India's free trade pacts not paused, all talks progressing as per schedule: Official
«All our FTAs, whether it is with the EU or UK, all are progressing as per the schedule,» the official said. In the coming weeks, a bilateral meeting is scheduled between the commerce secretary and the Director-General of the European Union to take stock of the negotiations for the proposed trade agreement with the European Union.
17.11 / 11:59
markets UPS FIVE Manufacturing techno innovations Cotton is passé. Can India ever make it big in this fashionable textile market?
Subscribe to enjoy similar stories. Chennai: It was early June 2021. Businesses were reopening after the deadly covid-19 pandemic’s second wave.

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