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2 mins read

US stocks close higher as tech and consumer shares help market push past China growth worries

Disney was among Monday's winners on the Dow after hedge fund manager Dan Loeb bought a new stake i…

Carla Mozée   


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3 mins read

Price cuts might not bring in volume growth for FMCG majors in Q2 say analysts

It might be a slow second quarter for FMCG companies with hazy volume recovery and tapering raw mat…

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5 mins read

HDFC Mutual Fund launches its first non-cyclical consumer fund – Should you invest?

HDFC Mutual Fund has launched the HDFC Non-Cyclical Consumer Fund, an open ended equity scheme. The…

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5 mins read

Elephant will not march but run, powered by private consumption: Union AMC

The next two decades and not just the next five years will be India’s “moment of reckoning”, accord…

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5 mins read

Cheese burst: Quick service restaurants see muted growth ahead

In addition to raw material inflation, the ability of quick service restaurants' ability to increas…

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1 min read

Renters are a bigger drag on consumer spending than homeowners. Here's why.

Last month, spending among renters fell 1.4% compared to a year ago, while homeowners spent 0.8% mo…

Filip De Mott   


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3 mins read

India’s growth to mirror China’s trajectory over next decade with private consumption more than doubling to $4.5 trn

India is at a point where China was 15 years ago in terms of per-capita income and working-age popu…

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5 mins read

FMCG sector Q1 preview — Caught between price cuts and volume growth

FMCG companies are expected to show strong margins in Q1 of FY24, backed by the full effect of earl…

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3 mins read

This is India’s decade and GDP is likely to cross $7.5 trillion by 2031, says Morgan Stanley

The strategy report titled ‘Why This is India’s Decade’ by Morgan Stanley says: “Our Next Indi…

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2 mins read

Budget 2023-24: Positive for infra and credit growth

The budget for fiscal 2024 is growth-oriented and focuses on capital spending to stoke demand and u…

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2 mins read

Consumer stocks face big risks as Americans' wallets are battered by high gas prices, student loans, and expensive housing, Morgan Stanley's CIO says

Soaring gas prices, resuming student loan payments, and unaffordable housing costs are reasons why …

Jennifer Sor   


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1 min read

Investor outflows from China jump as S&P cuts 2023 and 2024 economic growth forecasts

S&P now sees a 5.2% expansion in 2023, down from its earlier forecast of 5.5%, and 4.7% growth in 2…

Filip De Mott   


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5 mins read

Recession will be an opportunity for IT services firms focused on transformation: Mphasis CEO

Companies focused on maintaining legacy technology platforms will have to battle cost take-outs as …

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2 mins read

India Inc's revenue growth in Q4FY23 to halve to 10-12% : Crisil

India Inc is likely to report a halving of revenue growth in the fourth quarter of FY23, a credit r…

PTI   


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3 mins read

Nvidia, Tesla and Meta are helping power a growth-stock surge that has challenged BlackRock and Goldman Sachs

Growth stocks are enjoying the best quarterly run relative to value peers in three years, even as i…

Zinya Salfiti   


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5 mins read

Hindustan Unilever’s resurgent quarter signals demand recovery later this year – brokerages bullish

HUL’s strong showing in the June quarter augurs well for consumer demand trends. The FMCG giant rep…

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2 mins read

Brace for a home improvement slump as consumers battle inflation, debt, and pressure on house prices, Home Depot warns

Home Depot expects flat sales and slimmer profits this year as rising prices, higher borrowing cost…

Theron Mohamed   


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2 mins read

Best Buy plans to open more outlet stores selling used and refurbished items as consumers pull back on buying new electronics

The outlet stores, which Best Buy began opening in 2021, allow customers to shop for open-box elect…

Avery Hartmans   


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3 mins read

Amazon, Flipkart and Myntra sales – all unaffected by low consumer sentiment

India’s e-commerce titans — Amazon, Flipkart and Myntra — are all hosting their mid-year sales at t…

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10 mins read

Overall consumer sentiment up by 5.5 points compared to July, signaling a cautious but steady improvement due to festive season: Report

Economic sentiment is looking buoyant with ~64% of the respondents expecting the Sensex to cross 60…