A third of FMCG sales and half of motorcycle sales come from the hinterlands The forecast of a normal monsoon this year has brought cheer to firms that have significant exposure to rural areas. This includes auto, fast-moving consumer goods (FMCG), durables and seed majors. A third of FMCG sales come from the hinterlands, while one in every two motorcycles sold in India is in the countryside. In the case of durables, 20-25 per cent of sales for companies comes from rural, while tractor and ... Rediff.com, 4 days ago
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Posted by Equitymaster Global markets were mixed during the week as investors remained cautious in the face of uncertainty over Syria, escalating fears of a new weapons test by North Korea and tightening polls in the French presidential election. Investors ...Equitymaster.com, 1 week ago US Strikes on Syria Keep a Lid on Global Financial Markets Equitymaster.com, 2 weeks ago
Posted by Equitymaster After opening the day marginally higher, Indian share markets have continued their momentum and are presently trading in the green. Sectoral indices are trading on a positive note with stocks in the FMCG sector and IT sector leading the ...Equitymaster.com, 1 week ago Sensex Ends in Red; IT & Realty Stocks Drag Equitymaster.com, 1 week ago Weak Start to the Week; Coal India Slumps 2.2% Equitymaster.com, 3 weeks ago
The latest episode in the acrimonious relationship between Leander Paes and Mahesh Bhupathi is nothing but a "new chapter in old story", feels former Davis Cup captain Anand Amritraj who holds both the players responsible for the current mess. Amritraj, ...Deccan Herald, 1 week ago What former captain Amritraj has to say about the Bhupathi-Paes row Rediff.com, 1 week ago
'The corporate sector says by 2022 they will create 300 million jobs.' 'In the last 70 years we didn't do it, how will we do it in 5 years?' 'Only agriculture can bail out the economy. Unfortunately, it is not being looked into.' On Tuesday, April 4, the Uttar Pradesh government decided to waive off crop loans of up to Rs 1 lakh of small and marginal farmers. About 21 million farmers will benefit from this decision. Again on Tuesday, the Madras high court directed the Tamil Nadu government ...Rediff.com, 2 weeks ago
By Diane Bartz WASHINGTON (Reuters) - The China National Chemical Corp, or ChemChina, has won U.S. antitrust approval to buy Switzerland's Syngenta AG on condition that it divest three products, the Federal Trade Commission said on Tuesday. The $43 billion ...Sify, 2 weeks ago
One of the biggest modern myths about agriculture is that organic farming is inherently sustainable. It can be, but it isn’t necessarily. After all, soil erosion from chemical-free tilled fields undermined the Roman Empire and other ancient societies ...catchnews.com, 2 weeks ago
With both my children having secured admission in courses of their choice abroad, they are ready to fly the coop. They and I have been accommodation hunting. It is no easy task, considering that they would be relocating to a foreign country where real estate ...The Financial Chronicle, 3 weeks ago
Before he killed four people in Britains deadliest attack since the 2005 London bombings, Khalid Masood was considered by intelligence officers to be a criminal who posed little serious threat. A British-born convert to Islam, Masood had shown up on the ...Deccan Herald, 4 weeks ago
New Delhi: India is likely to emerge unscathed from the El Nino weather pattern as it is expected to set in only during the latter part of the four-month monsoon season, a top weather official said, indicating a timely arrival of crop-nourishing rains.Sify, 1 month ago
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