NEW DELHI: India’s shopping basket is evolving as new categories enter more households, reshaping consumption patterns. One-third of consumers across the country now shop for hair creme, making it the fastest-growing category in the FMCG basket, with penetration rising from 21% to over 31% over two years, according to the latest data from market research…
Strategy (MSTR), the largest publicly traded holder of bitcoin, for the second straight week has aggressively bought the dip in bitcoin BTC$89,557.77. The company acquired 10,645 bitcoin last week for $980.3 million, or an average price of $92,098 each. Total holdings rose to 671,268 BTC acquired for $50.33 billion, or an average of $74,972 per…
Prime Minister Narendra Modi NEW DELHI: Prime Minister Narendra Modi on Sunday said that the private sector will play a decisive role in driving India’s next phase of economic transformation, as he highlighted reforms, digital growth and defence modernisation while sharply criticising the previous UPA government’s record. He said bold investments by industry in innovation…
MUMBAI: HDFC Bank‘s interim chairman Keki Mistry said the bank’s management reviews every issue and takes corrective action. His comments come in the wake of the sudden resignation of former chairman Atanu Chakraborty three days ago, citing misalignment between certain practices and his values and ethics.Chakraborty’s exit has been marked by investor anxiety, sharp market…
Nifty might be in for a roller coaster ride in 2026 as several projections have forecasted an upside of over 10% for the index. Nomura pegged the NSE benchmark Nifty at 29,300 for the next year, a level that signals almost 13% upside from Tuesday’s closing mark of 26,032.20, when the index slipped 144 points,…
The real cost of a loan lies not in the monthly instalment, but in the total interest paid over its lifetime. (AI image) The latest repo rate cut by RBI has brought relief to borrowers, especially home loan customers with long-term loans. With the repo rate reduced by another 25 basis points, the fourth cut…
Check out the companies making headlines in after-hours trading. Microsoft — Microsoft shares dropped almost 7% in extended trading. Cloud growth slowed in the fiscal second quarter , and the software giant gave light guidance for operating margin in the fiscal third quarter. Adjusted earnings came out at $4.14 per share, higher than consensus expectations…
In what officials are calling Haryana’s most ambitious environmental push yet, the state has collaborated with World Bank and created the ‘Haryana Clean Air Project for Sustainable Development’ with a corpus of Rs 3,600 crore to ‘significantly improve’ air quality over the next five years.The proposal includes sweeping interventions, ranging from farm-level enforcement to industrial…
Chief Economic Advisor V Anantha Nageswaran (ANI) Chief Economic Advisor V Anantha Nageswaran on Thursday said the new Consumer Price Index (CPI) series will improve the quality of data used in formulating monetary and fiscal policies, as it better reflects current consumption patterns and economic conditions.The National Statistics Office (NSO) under the Ministry of Statistics…
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