NEW DELHI: Peak temperatures and the sweltering heat this year have delivered a windfall for consumer brands, with quick-commerce platforms driving robust growth in heat-linked categories.As temperatures climbed across the country, demand for products ranging from ice creams and beverages to sunscreens more than doubled year-on-year in May as consumers sought relief from the relentless … Read more
MUMBAI: Foreign portfolio investors turned net buyers in June after months of sustained outflows, as a surge in sovereign debt inflows offset continued equity selling and pushed overall flows into positive territory.According to data, June recorded net inflows of $531 million, marking the first positive monthly print after a prolonged phase of withdrawals. This was … Read more
NEW DELHI: India’s passenger vehicle industry ended the first quarter of FY27 on a strong footing, with most major automakers reporting healthy year-on-year growth in June, reflecting resilient consumer demand for SUVs and electric vehicles, despite supply disruptions at select manufacturers.Tata Motors Passenger Vehicles emerged as the biggest gainer among leading carmakers, reporting sales of … Read more