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India’s flexi staffing sector has register a healthy growth of 9.7 per cent year-on-year in FY25, a new report released on Tuesday said. Despite global uncertainties, trade wars and a cautious hiring environment in the last quarter, the sector added 1.39 lakh new formal flexi workers in the fiscal year. This took the total workforce…
Foreign Portfolio Investors (FPIs) are continuing to reshuffle their portfolios in June, and the damage is clearly visible in two major sectors FMCG and power. These segments are bearing the brunt of heavy foreign selling, with NSDL data showing Rs 3,626 crore worth of FPI outflows in FMCG and Rs 3,120 crore in power, just…
Mumbai: Indian stock markets ended the week on a cautious note, marking the second consecutive week of consolidation. This subdued performance came amid ongoing global trade tensions and anticipation surrounding domestic policy developments, analysts said on Saturday. The benchmark indices, Sensex and Nifty, witnessed notable volatility through the week, eventually closing lower as investors reacted…
Fast-moving consumer goods (FMCG) stocks took the lead on Dalal Street on May 23, wrapping up the day as the top sector performer, thanks to ITC’s impressive Q4 results that lifted market spirits across the board. The Nifty FMCG index surged nearly 2 per cent during the day, with big names like ITC, Varun Beverages,…
The fast-moving consumer goods (FMCG) and retail sectors are grappling with short-term headwinds as demand remains sluggish and profit margins shrink. Inflation, rising raw material costs, and higher product prices have dampened consumption, making it difficult for companies to sustain their revenue momentum. However, a stabilizing input cost environment and an increasing shift toward branded…
Anti-government protestors display Bangladesh’s national flag as they storm Prime Minister Sheikh Hasina’s palace in Dhaka on August 5, 2024. (AFP) Indian FMCG companies including Marico, Dabur, Emami and HUL have a presence in Bangladesh accounting for overall revenues in the range of 1-5 per cent. Even since the fall of the Sheikh Hasina government…