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Business

Marico Forecasts Double-Digit Revenue Growth in Q2

Marico, the Indian consumer goods company, expects its consolidated revenue for the second quarter to grow by double-digit percentages, driven by strong domestic demand for premium products. Its premium hair oils segment grew in the twenties for the sixth consecutive quarter. The company also reported double-digit volume growth in India and strong international growth led by Vietnam, the Middle East, and South Africa.

Business Standard·

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Business

Indian Vegetable Oil Producers Urge Price Cuts for Festive Season

The Indian Vegetable Oil Producers Association has urged companies to lower retail prices following recent government duty cuts. These reductions aim to ease consumer costs during the upcoming festive season when demand typically rises. Companies must submit weekly retail prices to maintain market transparency. Global price volatility has impacted domestic edible oil prices, adding to inflation pressures on consumers.

Economic Times·

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Politics

CM Mohan Yadav Attends Tendu Leaf Bonus Distribution in Harsud

Chief Minister Dr. Mohan Yadav attended the Tendu Leaf Bonus and Timber Dividend Distribution Programme held in Harsud, Khandwa district. The event focused on distributing bonuses and dividends related to tendu leaf collection and timber, supporting local workers and stakeholders in the region.

Deccan Herald··Harsud

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Business

Market Falls Again; HDFC Bank Shares Plunge, Nifty Below 22400

The Indian stock market opened strong on Monday due to improved global sentiment, with the Nifty index rising to 22,621.80 points. However, selling pressure increased during the session, causing the index to slip below 22,400 points. HDFC Bank shares also saw a significant decline amid the market downturn.

Aaj Tak·

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Entertainment

Anupam Kher Meets Hollywood Legend Robert De Niro

Bollywood actor Anupam Kher, a fan of Hollywood legend Robert De Niro, met him again during his trip to the United States. Known for their friendship, Kher cherishes these meetings with his favorite hero and dear friend.

Amar Entertainment·

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Business

Indians Prefer Stronger Ready-to-Drink Alcohols Over Lighter Options

Indian consumers are favoring ready-to-drink (RTD) alcoholic beverages with a stronger kick, preferring drinks closer to traditional spirits. This trend contrasts with global alcohol companies shifting towards lighter, lower-alcohol-by-volume (ABV) options like hard seltzers. The preference highlights a unique market trend in India amid changing global drinking habits.

Mint Companies·

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