BEAUTY PRODUCTS MARKET
Share market update: FMCG shares trade higher; Emami gains 4%
The Nifty FMCG index was trading 0.38 per cent up at 31456.3 .
Oldest quant fund in India revamps its under-performing model
Quant funds globally have delivered uneven returns in recent years owing to mar...
Asia’s most valuable Zinc maker looks to gain from India’s rail overhaul
Asia’s top zinc producer by market capitalization has been campaigni...
Wockhardt rallies after revival plan gets a boost from drug nod
Investors cheered the news, sending Wockhardt’s shares up by 5.7 per cent on the BSE on Thursday.
Asian shares firm as China data show signs of easing economic strains
MSCI's global share index touched record highs and was last up 0.05 per cent.
Palladium soars again, sparks bubble concerns
On Thursday, prices rallied 5.3 per cent and surpassed $2,380 an ounce.
Give cash in hand to push demand: FMCG Inc
Industry bats for stimulus measures such as reduction in income tax, job creation and direct incentives for rural consumers. Research firm Nielsen said in an Oct report that overall FMCG sales growth fell from 16.2% yoy in the Sept 2018 quarter to 7.3% in the Sept 2019 quarter, with rural consumption at the slowest in seven years.
What changed for D-Street while you were sleeping
Here’s breaking down the pre-market actions.
How worried should Amazon's Jeff Bezos be about India?
How worried should the Amazon boss be? Things will be clear after Ambani takes his JioMart live.
RCEP offers $125 billion market for domestic companies
RCEP offers a market potential of $125-million to Indian firms, as per a World Trade Centre study.
China posts weakest growth in 29 years as trade war bites, but ends 2019 on firmer note
Fourth-quarter gross domestic product (GDP) rose 6.0% from a year earlier, data from the National Bureau of Statistics showed, steadying at the same pace as the third quarter, although still the weakest in nearly three decades.
FSII recommends making India global seed production hub & pushes for 200% deduction of R&D expenditure in the seed industry
The income tax deduction for the in-house R&D has been reducing over the last few years, it said. Through an amendment as per Finance Act 2016, the weighted deduction was reduced to 150% effective from April 1, 2017 through March 31, 2020 and it indicated a further reduction to 100% from April 1, 2020.
Tension but no shock on oil market: IEA
It said ample production elsewhere mean the world is relatively well placed to react to a crisis.
PMP set to promote domestic production of medical devices
In a first such initiative, a roadmap has been prepared to promote domestic production of X-Ray machines and components whereby financial incentives will be provided to the manufacturing companies.
The Indian market is a very tough one for premium cigars because the taxes are so outrageous: Rocky Patel
“The Indian market is a very tough one for premium cigars because the taxes are so outrageous. The government does not differentiate between other tobacco products such as cigarettes and beedis which are addictive and very harmful and premium cigars which are luxury products, smoked occasionally and not inhaled,” Patel said.
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