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Anil Singhvi, Managing Editor at Zee Business, shared his views on metal, IT and FMCG stocks amid mixed trade in early morning on Tuesday. While metal and IT indices traded lower, FMCG emerged as the only gainer among the three sectors, raising the question of whether the ongoing dip offers a buying opportunity for investors….
New Delhi: The taxable value of all supplies under GST surged by a robust 15 per cent during September-October this year, compared to the same period in 2024 due to sharp increase in consumption triggered by the tax rate cuts on goods across sectors that kicked in from September 22, according to official sources. The…
Grammage is the weight of a product or its packaging. This term is used in the FMCG (Fast-Moving Consumer Goods) and packaging industries to describe the weight of a material per unit area. Let’s understand this with an example, we measure a paper or cardboard in grams per square meter (gsm), and for food items…
Delhi/Mumbai19 minutes ago Copy link Maruti Suzuki, Hyundai and Tata Motors say their sales in Navratri have increased by 100-133% so far. (File photo) Navratri and Dussehra have brought a new beauty to the consumer market. People are enthusiastic due to the decrease in GST on many products. Different companies have shared sales figures between…
Hindustan Unilever Limited (HUL) said on Friday, September 26, that its sales in September were hit by temporary disruptions following recent changes in Goods and Services Tax (GST) rates. In a filing to the BSE, the company noted that while nearly 40 per cent of its portfolio now falls under a lower 5 per cent…
Marico Limited has entered into a definitive agreement to acquire the remaining 46.02 per cent stake in HW Wellness Solutions Private Limited, the company that owns the digital-first health food brand ‘True Elements’. The development was disclosed by the company in a regulatory filing to the BSE and NSE on Thursday. Balance stake acquisition According…
New Delhi: The latest Goods and Services Tax (GST) rate rationalization is expected to give a strong boost to the fast-moving consumer goods (FMCG) sector, according to a report by Nuvama. The report stated that almost the entire FMCG pack will benefit from the announced tax cuts, which will translate into lower prices for…
Indian consumers are set to receive a significant boost as the government moves towards simplifying the Goods and Services Tax (GST) structure by reducing the number of tax slabs and lowering rates on several key items. The proposed overhaul aims to rationalise rates by migrating from the current four-tier structure to a simplified two-tier system….
India’s fast-moving consumer goods (FMCG) industry is undergoing a major transformation, with online channels expected to account for 40 per cent of all FMCG consumption by 2030, according to a report by RUBIX. The report highlighted that this change is being significantly driven by the rise of quick commerce, especially in urban areas. It stated,…
FMCG stocks may be headed for a strong re-rating, says Zee Business Managing Editor Anil Singhvi, citing a confluence of supportive macroeconomic factors. In a market commentary on Friday, Singhvi pointed to four key triggers behind the bullish outlook for the sector — higher income tax exemption limits, rapidly falling interest rates, a favourable monsoon,…