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FMCG sector needs to reignite volume expansion and embrace strategic innovation to maintain growth, Pidilite Managing Director Bharat Puri said on Wednesday amid the FMCG companies reportedly facing subdued growth during October and November hit by the slowdown in urban demand. «To maintain growth, the FMCG sector must focus on reigniting volume growth and embracing strategic innovation. Companies have shown that market outperformance is possible through product and distribution innovation,» said Puri at a Summit on the FMCG sector hosted by the CII here. Noting that modern trade and quick-commerce channels are thriving, offering new growth avenues, he said insurgent brands are capturing significant growth by winning the hearts of underserved customers. «To stay competitive, companies must innovate, invest in digital capabilities, and adopt entrepreneurial operating models, while maintaining robust data strategies for personalized engagement,» Puri, who is also the chairman of the CII, FMCG National Committee, added.

Two Jersey City dealership owners told Fox News Digital they are not fully convinced EVs should be the only vehicle in the household.

GMR Group which manages the Rajiv Gandhi International Airport here may consider adding another terminal and second runway once the passenger traffic hits 45 million annually, a senior official of the airport infra major said on Wednesday. SGK Kishore, Executive Director and Chief Innovation Officer of GMR Airports, at a press conference exuded confidence that the passenger traffic would hit 45 million (annually) by 2030 from the existing 30 million and said the ultimate of the airport would be 100 million passengers. «We are expecting 45 million (per annum) by 2030. It is only an estimate and anything can happen. Based on the projections and based on what we have seen, we have to be proactive. We have started the planning (for the capacity expansion),» he said. The GMR Hyderabad International Airport Ltd has already created the necessary infrastructure in a phased manner to handle 34 million passengers. The aerodrome was built in 2008 with a capacity of 12 million. Currently, the airport has one integrated terminal.

Nvidia and Apple are undoubtedly leaders in this tech-based stock category, but there are three other stocks that have the potential of giving some magnanimous amount of returns to US investors in the coming years, all factors considered, suggests a Motley Fool report. Also Read :Will Beyonce stick around with rape accused husband Jay-Z; this is what a close source has said

Delhi Police has arrested three people who secured a loan of Rs 75 lakh by mortgage a property by preparing forged documents, officials said on Wednesday. The police arrested Pankaj Sachdeva alias Roshan Manchanda (61), who had fabricated property documents and identification credentials to secure the loan. The arrest also exposed the involvement of two accomplices, Suhail Chauhan and Nitin Verma, who worked as freelance loan agents. According to the police, the case was registered in 2019 on the complaint of Harminder Kaur Anand, a Bengaluru-based resident, who alleged that the property she purchased in 2011 at Rana Pratap Bagh in northwest Delhi had been fraudulently mortgaged to a private bank for a loan of Rs 75 lakh. «The woman was shocked to learn about the fraud during a visit to the property in 2018 when neighbours reported suspicious activities and her son-in-law discovered a loan notice pasted on the property,» Deputy Commissioner of Police (northwest) Abhishek Dhania said.

He, however, cautioned that there is no room for complacency.

Nifty broke its three-session losing streak and settled at 24,641.80, gaining by 31.75 points or 0.13%. Meanwhile, the 30-stock S&P BSE Sensex finished flat at 81,526.14, rising by just 16 points. Bank stocks dragged the index despite buying trends in IT, auto and FMCG stocks. Nifty formed another doji candle well within the range of the last five day's candles, indicating indecisiveness in the index, Dr. Praveen Dwarakanath, Vice President of Hedged.in said, commenting on the day's action.

Grand Theft Auto VI or GTA 6 release date is a much awaited among gamers. The sixth installment of the Rockstar Games' popular video game will once again be set up in the fictional Vice City. The video has witnessed several delays in the its release schedule. There were also rumors that the video game was leaked online even before the schedule release date. GTA 6 was being developed by Rockstar for more than 10 years. However, the makers have assured that GTA 6 will be released as per planned Fall in 2025, as per the report on The Direct.

Shares of Infosys Ltd.(up 1.32 per cent), Wipro Ltd.(up 0.3 per cent), LTIMindtree Ltd.(up 0.3 per cent), Persistent Systems Ltd.(up 0.23 per cent) and MphasiS Ltd.(up 0.09 per cent) ended the day as top gainers in the pack.

inflation data from the world's largest economy and India for further cues on interest rates. The benchmark 10-year yield ended at 6.7171%, compared with its previous close of 6.7073%.

Shares of Raymond Ltd.(up 3.51 per cent), DLF Ltd.(up 0.85 per cent), Macrotech Developers Ltd.(up 0.68 per cent), Godrej Properties Ltd.(up 0.48 per cent) and Phoenix Mills Ltd.(up 0.24 per cent) ended the day as top gainers in the pack.

Delhi Pollution Control Committee (DPCC), the faecal coliform count reached 79,00,000 most probable number per 100 milliliters (MPN/100ml). This marks a sharp increase from 3,20,000 in 2023 and 6,80,000 in 2021, a TOI report stated. The river’s biochemical oxygen demand (BOD), a measure of organic pollution, also deteriorated in November, indicating a worsening pollution load compared to October.

knowledge workers are racing against the clock to wrap up unfinished projects. A new report from Atlassian, a collaboration and productivity software company, revealed that 76% of Indian professionals face a pileup of incomplete tasks by year-end. The phenomenon, reflective of a global trend, emanates from unexpected hurdles, overcommitment and shifting priorities, it said. “While the end of the year often brings pressure to wrap up projects, it’s also a chance to reassess your priorities,” said Molly Sands, head of teamwork lab at Atlassian.

Subscribe to enjoy similar stories. Companies facing charges of harming the environment have found relief in recent Supreme Court rulings which clarified that the National Green Tribunal (NGT) cannot impose penalties on firms based on their total revenue or solely on the recommendations of expert committees.

Reserve Bank of India governor during his first press conference on Wednesday emphasized the need to remain alert and agile in a constantly changing world marked by geopolitical tensions. Malhotra assumed office as the 26th Governor of the Reserve Bank of India earlier today, succeeding his role as the former Revenue Secretary. He will serve a three-year term as the head of India's central bank. Malhotra succeeds Shaktikanta Das who completed his term as the RBI chief on Tuesday.

Delhi High Court on Wednesday posted on January 17, 2025, the enforcement directorate's plea against the bail granted to former chief minister Arvind Kejriwal in the 2021-22 excise policy-linked money laundering case. The ED counsel urged Justice Manoj Kumar Ohri to defer the hearing in the matter on account of the unavailability of additional solicitor general S V Raju. The request was opposed by senior advocate Vikram Chaudhary, representing the AAP leader, citing «pressing urgency» in the matter. Chaudhary said the agency should withdraw its plea and the court should vacate its stay on the operation of the trial court's order granting bail.

Avenue Supermarts Ltd. traded 2.71 per cent in Wednesday's trade at 02:09PM (IST). Around 26,993 shares changed hands on the counter. The counter opened at Rs 3700.00 and touched an intraday high and low of Rs 3760.80 and Rs 3673.00, respectively, in the session so far. Shares of the company of Avenue Supermarts Ltd. quoted a 52-week high of Rs 5484.00 and a 52-week low of Rs 3567.35.

«But now, for the first half of this year, earning growth has been slightly muted in mid-single digit and that is expected to remain that way at least for the next one to two quarters. So, to that extent, one has to moderate the return expectations going into next year,» says Dikshit Mittal, Senior Fund Manager-Equity, LIC MF. What do you make of the markets right now and there is debate which is underway whether 2025 is going to be a great year for the Indian equities or is it going to be a year of trimmed in very moderate single digit kind of gains? What is your estimate? Dikshit Mittal: Last two-three years returns have been very, very strong. In fact, compounded returns have been in high teens. So, to that extent, coming into next year, one has to moderate the return expectation. So, we cannot expect the same kind of returns we have generated last year.

Tata Elxsi Ltd. 0.62 per cent to Rs 7356.90 at 01:43PM (IST) in Wednesday's trade. The counter hit a high of Rs 7413.00 and low of Rs 7328.00 so far during the session. The stock had closed at Rs 7403.00 in the previous session. The counter had a total traded volume of 01:43PM shares so far with a turnover of Rs 2.72 crore on BSE. The stock traded at a price-to-earnings multiple of 56.01 and a price-to-book ratio of 19.34.

Greater Coochbehar People's Association (GCPA) at Jorai railway station in Alipurduar division of Northeast Frontier Railway (NFR) started at 6.45 am, and was withdrawn around 11.45 am, following which normal train movement was restored, he said. The agitators said they were holding the «indefinite» rail blockade to press for their demand for the creation of 'Greater Coochbehar'. Thousands of protesters had assembled at the station in the morning and blocked tracks, prompting the deployment of a large number of RPF, GRP and local police personnel to prevent any untoward incident, the NFR official said.

I have a corpus of Rs 15 lakh after surrendering my LIC policy. I want to invest this amount for the goal of my daughter’s higher education. I have an investment horizon of four to five years. I would like to build a minimum of Rs 25 lakh corpus. Could you suggest some mutual funds? Can I invest some amount in mid- or small-cap funds for better returns? Dev Ashish Founder, StableInvestor, and Sebi-registered investment adviser: With a starting capital of Rs 15 lakh, your investment needs to earn 10.8-13.6% to reach the target of Rs 25 lakh in four to five years.