CIL to raise fuel stock at power plants to 22 days
Following successive months of slowdown, the company has managed to raise average daily production from 1.27 million tonnes in October to 1.8 million tonnes now. This increased stocks at power plants by 64% since October to 28 million tonnes—enough for 17 days. It is almost double last year’s stock position.
Oil consumption growing; investors not worried about EV, shale gas substituting oil: Vikas Halan, Moody’s
Halan assesses financial health of ...
India's fuel demand growth hits near 2-yr high in November
Consumption of refined fuels, a proxy for oil demand in Asia's third largest econo...
10 charts that explain India's conflicting consumption story
For instance, audiences are flocking in droves to multiplex theaters to catch the latest movies, leading to healthy box office collections. However, on the other hand, sales of daily needs items like soaps have visibly slowed in recent quarters.
Inadequate demand has been a key issue impacting growth
Inflation would seem to be at nirvana levels of policy-achievement.
Go for quality in consumption stocks: Andrew Holland, Avendus Capital
Auto sector corrected in the past year and that is why we see value and prices rebounding.
The next booster shot to revive economy may not be far away
Going by what the indicators are showing so far, third quarter doesn't hold any hopes of revival.
What is von der Leyen's "European Green Deal"?
Ursula von der Leyen, new president of the European Union's executive Commission, has laid out the details of her "European Green Deal" today, Wednesday, coinciding with a U.N. summit on the climate. Calling it "Europe's man on the moon moment," von der Leyen presented her plan to make the EU the world's first "climate-neutral" continent by 2050.
Expensive FMCG stocks off highs as consumption cools in rural India
According to analysts, earnings outperformance is critical for maintaining premium valuations.
Domestic steel demand growth turns negative: Icra
Between April–November 2019, India remained a marginal net steel exporter.
Why this fund manager is betting against consumption
We are cautious on the consumer space, where we think valuations are stretched specifically with the consumer staples pack. Between the consumer staples and consumer discretionary pack, there is still some upside left on the consumer discretionary side. But we are fairly cautious on the staples pack. On the consumption basket, we continue to be cautious on the auto sector.
Bid to spur consumption: Save less, spend more is new social security mantra
New Bill gives employees option to reduce their PF contribution, resulting in higher take-home pay.
Paris billionaire rivalry fuels pursuit of Tiffany, Moncler
The rivalry, more than two decades in the making, has defined the modern luxury industry and shows no signs of ending. Since 2001, when Kering founder Francois Pinault beat out LVMH Chief Executive Officer Bernard Arnault for control of Gucci, the companies have increased their hold over the sector through dozens of deals.
Intensity of slowdown in certain pockets is surprising: R. Gopalakrishnan, Principal Mutual Fund
While in the near term, consumption is unlikely to rebound, with the good monsoons, consumption is expected to revive farm production for at least the next couple of seasons. This is likely to drive consumption demand over the next 12 to 18 months.
India needs tariff reforms to boost consumption of renewables: WWF
According to the report, C&I consumers' power demand is met principally by grid power (63 per cent) and onsite captive generation (27 per cent, mostly coal fired).
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