Market

Gopal Snacks IPO Shares to Make Stock Market Debut Today; Muted Listing on The Cards The Gopal Snacks IPO ran from March 6 to March 11. The company had offered its shares in the price band of Rs 381-401 per share. Shares of Gopal Snacks…

In rural India, people eat more carbs, sugary foods, and less proteins: ICRISAT study The study notes people eat more carbs and sugary foods as they are affordable, easily available and have a longer shelf life People in rural areas are…

Retail inflation for farm, rural workers rises marginally in June Retail inflation in India: Retail inflation for farm workers and rural labourers inched up marginally to 6.31 per cent and 6.16 per cent, respectively in June as compared to…

A $12 phone is opening doors for rural India to get on the internet KEY POINTS The telecommunications arm of Indian conglomerate Reliance Industries, has launched a $12 internet-enabled phone. Reliance Jio’s new feature…

13.5 cr Indian escaped poverty in five years: Niti Aayog The report says that the country registered a significant decline of 9.89 percentage points in the number of India's multidimensionally poor from 24.85% in 2015-16 to 14.96% in…

Demand trends in FMCG sector 'stable' in June quarter; expected pickup in rural areas remained elusive: Marico Synopsis In its update for the June quarter, Marico said that though the urban markets were steady during the April-June…

Rural India revving up 2-wheeler demand; industry sees double-digit sales growth in FY24 Synopsis Better agricultural output, availability of water for irrigation because of healthy reservoir levels, an increase in minimum support price…

How regional FMCG brands are winning rural India Fast-moving consumer goods (FMCG) businesses are increasingly considering rural India as a potential market for expansion. These areas have seen major inroads from regional FMCG firms, who…

Rural India feeling inflation pressure, says Unilever’s Jope Jope’s remarks come as Unilever’s Indian unit, Hindustan Unilever (HUL), delivered March quarter numbers below analysts’ expectations on Thursday, raising concerns that the…

State-owned BSNL behind private telecom firms in rural, urban markets In March 2020, BSNL had a rural market share of over 7% with a subscriber base of 37 million; Jio and Airtel had a market share of nearly 34% each during the same period…