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Sales of fast-moving consumer goods (FMCG), cars, smartphones, and household appliances surged in the September quarter, both sequentially and year-on-year, company executives told ET. Lower inflation, improved monsoon, fall in prices and offers given by companies to pass on the benefits of lower input costs lifted consumer sentiment. Passenger vehicle makers ended September with the best-ever quarter, clocking record sales. Chief executives said the consumption boost in the September quarter is a sign that the festive season may go well. Festive season accounts for as much as 30-40% of sales in categories such as passenger vehicles, smartphones, televisions, and appliances. The FMCG market grew 8-12% from a year ago in the September quarter by value, as per data from companies, boosted by a revival in rural demand and price cuts in several categories.

₹7,000 crore in Chittorgarh, Rajasthan. To promote a gas-based economy, the Mehsana-Bhatinda-Gurdaspur Gas Pipeline will be dedicated to the nation by the Prime Minister. “The pipeline has been built at a cost of about ₹4,500 crores.

Indonesia is preparing to launch Southeast Asia’s first high-speed railway, a key project under China’s Belt and Road infrastructure initiative

As hundreds of homes burned in Lahaina, the only community in West Maui reserved for Hawaiians emerged almost unscathed from the wildfire that killed at least 97 people

California won’t be giving unemployment checks to workers on strike

Nigeria’s leader has increased the wages of some government workers in last-minute efforts to appease labor unions whose planned strike this week could shut down government offices in all sectors of Africa’s largest economy

Kia Seltos, Mahindra XUV700, Honda City and Hyundai Venue amid continued strong demand. While Kia India has raised prices of its newly launched Seltos, as well as multipurpose vehicle Carens, by up to ₹50,000 with effect from October 1, Mahindra's popular SUVs Scorpio Classic, Scorpio-N, XUV300, XUV700, Thar have become dearer by up to ₹81,000. Hyundai too has increased prices of its SUVs Venue and Tucson by up to ₹48,000. Prices of Honda Cars' City and Amaze sedans have also been increased, albeit by a more modest up to ₹7,900. Some carmakers said a rise in input costs, which were not fully passed on to customers last year, necessitated the latest revision in vehicle prices.

Indian Air Force is firmly on the path of indigenisation, with recent acquisitions resulting in a Rs 70,000 crore boost to the domestic economy, Air Chief Marshal VR Chaudhari told ET, adding that there has been a quantum increase in defence exports as well which will have a positive cascading impact on the economy in the coming years. The Air Force has been on a 'Make in India' drive, with more than 200 locally designed and developed light combat aircraft (LCA) set to be inducted and a range of helicopters, including attack choppers, set to be ordered soon. While 83 LCA Mk1A fighters have already been ordered, the air force has also moved a proposal to add 100 of the variant in an order that is expected to be of the tune of Rs 66,000 crore. The Air Force and Army are also working on inducting 156 'Prachand' light combat helicopters (LCH), at a cost of about Rs 50,000 crore. «Cash outflow to the Indian economy has been approximately Rs 70,000 crore through indigenous purchases.

Jio cemented its dominance of rural India in July as it was the only telco to add mobile users while both Bharti Airtel and Vodafone Idea (Vi) lost ground. Analysts said the scenario underlines the growing appetite of entry-level mobile users for Jio's internet-enabled budget feature phone, JioBharat, to shift to 4G technology. «Jio's strong (rural) momentum is likely driven by JioBharat phone subscribers, especially post Bharti' Airtel's recent hikes in the minimum recharge plans and Jio's launch of the new phone,» UBS said in a note. Latest subscriber data collated by the Telecom Regulatory Authority of India (Trai) showed Jio added 2 million mobile users in the rural markets in July while both Airtel and Vi lost 540,000 and 690,000 rural users respectively. Jio's rural mobile user base expanded to 194.73 million in July, while Airtel and Vi's slipped to 180.84 million and 111.32 million respectively. In July, Jio's parent, Reliance Industries (RIL) had launched Jio Bharat, an internet-enabled feature phone, costing ₹999 in a bid to attract more of the estimated 250 million entry-level mobile broadband customers, especially in the rural markets where competition is set to intensify with rival Airtel also eyeing this market. Both Jio and Airtel have been seeking to grab loss-making Vi's user base in the hinterlands as bulk of the telecom sector's net 4G user additions are from rural markets.

Perpetual chairman Tony D’Aloisio faces a challenge to his re-election to the fund management group’s board after influential proxy advisory Ownership Matters recommended shareholders vote against it.

Investing.com — With an eleventh-hour deal reached to avert a U.S. government shutdown investors will be focusing on U.S. jobs data and speeches by Federal Reserve head Jerome Powell and European Central Bank President Christine Lagarde in the week ahead. Central banks meeting in Australia and New Zealand will also be in focus and markets continue to digest the ‘higher for longer’ interest rates mantra. Here’s what you need to know to start your week.

MUMBAI: How do you deal with unexpected financial events, such as medical emergencies or job loss? Most people are unprepared for such events and are eventually forced to dip into their savings. Some already have a financial plan in place to meet any exigencies and their life goals.

Madhya Pradesh on Monday and will lay the foundation stone for various development projects in both states, said an official release. Prime Minister will dedicate to the nation and lay the foundation stone for various development projects worth about Rs 7,000 crore in Chittorgarh, Rajasthan. According to the Prime Minister's Office, to promote a gas-based economy, the Mehsana-Bhatinda-Gurdaspur Gas Pipeline will be dedicated by the Prime Minister. «The pipeline has been built at a cost of about Rs 4,500 crores. Prime Minister will also dedicate the LPG Plant of HPCL at Abu Road.

Syrah Resources, the ASX-listed graphite producer, is set for a moment in the sun with demand for the key battery material expected to send spot prices up by more than 50 per cent, according to brokers at UBS.

Readers of The Australian Financial Review are tempering their discretionary spending as interest rates and the rising costs of essentials, such as groceries and petrol, sting wallets.

₹7,000 crore in Rajasthan and ₹19,260 crore in Madhya Pradesh on 2 October, ahead of elections in both states later this year. These include the Mehsana-Bhatinda-Gurdaspur gas pipeline in Rajasthan, which costs ₹4,500 crore, and a four-lane road on NH-12 (New NH-52) on the Darah-Jhalawar-Tender section, which has been constructed at a cost of more than ₹1,480 crore, the prime minister's office said in a statement.

PTI quoted FIEO report as saying. The Federation of Indian Export Organisations (FIEO) also said that a note of caution is warranted regarding a distinct spike in export growth of roughly $40 billion as this particular surge is likely attributed to a rerouting of crude oil trade routes via India to Europe. It added that this phenomenon may not be sustainable in the coming years.

₹1,18,199.17 per kilolitre (kl), up 5.14% from ₹1,12,419.33 last month. Similarly, the price of jet fuel in Kolkata increased 4.65% to ₹1,26,697.08 per kl. In Mumbai and Chennai, jet fuel is now priced at ₹1,10,592.31 and ₹1,22,423.92 per kl, respectively, according to data from the OMCs.

₹12,000 during the Flipkart Big Billion Days sale The Nothing Phone (2) is sold in India exclusively via Flipkart in 3 variants. Also Read| Flipkart Big Billion Days Sale 2023: Schedule, deals, offers on Moto G54 5G, Samsung Galaxy F34 5G, Vivo T2 Pro 5G, more The 8GB RAM/128 GB storage variant was launched at a price of ₹44,999 while the 12GB RAM/ 256 GB storage variant was launched at ₹49,999 and the 12 GB RAM/256 GB storage variant was launched at ₹54,999. Now, with the upcoming Big Billion Day sale Flipkart has cut the price of all Nothing Phone (2) models by ₹5,000 and ₹3,000 instant discount is available on the use of Axis, ICICI and Kotak Mahindra banks.

From In-N-Out Burger to California's gas prices, Gov. Gavin Newsom, D-Calif., discusses key moments from the second GOP debate at the Reagan Library on 'Hannity.'