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Few large retail outlets have already started advertising the downward revised prices of FMCG items.

FMCG companies told to pass on GST benefits

A large number of items have also witnessed a reduction in GST rates from 18 per cent to 12 per cent, 12 per cent to 5...

21 Nov 2017 1:15 AM IST

Maximum retail price of goods must include the GST component, a high-level panel of state finance ministers has recommended. (Photo: Pixabay)

Indian retail market expected to reach $1 trillion by 2020

Retail and FMCG markets in India are exponentially growing and are expected to grow at 20 per cent and 21 per cent.

16 Nov 2017 9:31 AM IST

Stunning growth: The FMCG sector in India is expected to more than double to $104 billion by 2020 from the current $49 billion. The sector is expected to grow at a compounded annual growth rate (CAGR) of 20.6 per cent. There is almost nothing else in the world growing this quick.

FMCG cos hail tax reduction, say will pass benefits to consumer

As many as 178 items of daily use were shifted from the top tax bracket of 28 per cent to 18 per cent.

11 Nov 2017 11:16 AM IST

In the financial year ended March 31, 2017, Patanjali Ayurved reported an aggregate sale of Rs 10,561, registering a five-fold growth since 2014-15, where the sales was capped at Rs. 2,006 crore. (Photo: PTI/File)

Patanjali ropes in investment banks to raise Rs 1,000 cr funds

FMCG major had recently announced it will soon venture into dairy products and apparel business.

22 Sept 2017 12:43 PM IST

The BSE Sensex on Wednesday soared to a life-time high of 33,117.33 and the NSE Nifty scaled a historic 10,340.55 mark in opening trade. (Photo: AP)

Sensex, Nifty wipe off early losses on value-buying

The BSE Sensex was trading higher by 118.92 points, or 0.35 per cent, at 34,495.91.

8 Oct 2018 12:03 PM IST

Prime Minister Narendra Modi (right) and Chinese President Xi Jinping. (Photo: File/AP)

China threat: Trap, penetrate, destroy

Things are vastly different today, thanks to the ongoing multilateral trade negotiations and bilateral proposals.

11 Jan 2018 1:46 AM IST

Joydeep Roy at the aqua terra challenge.

An incredible journey!

Joydeep Roy, a Bengaluru-based trekker shares his experiences of having climbed 50 mountaineering spots in the country.

10 Jan 2018 12:10 AM IST

On a weekly basis, the Sensex rallied 358.06 points, or 1.28 per cent, and the Nifty 99.70 points, or 1.15 per cent.

Sensex scales 37,000 mountain

It has taken the Sensex six months (January 23-July 27) to advance to the 37,000-level from 36,000.

28 July 2018 5:40 AM IST

Diversified ITC Ltd on Wednesday reported a 9.86 per cent increase in standalone net profit at Rs 2,932.71 crore for the fourth quarter ended March 31, 2018.

ITC becomes India's 4th most valued firm in market capitalisation

TCS is the country's most valued firm with a market cap of Rs 7,43,930.44 crore.

27 July 2018 5:49 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Consumer durables, FMCG stocks surge up to 10 pc on GST rate cut

The GST Council on Saturday cut tax rates on 88 items, including footwear, refrigerator, washing machine and small...

23 July 2018 6:29 PM IST

Retail traders raise slogans against the sale restrictions for outlets selling multiple products on Parliament street in New Delhi on Tuesday.(Photo: Biplab Banerjee)

Retailers up in arms against curbs on trade

Ask PM to protect interests of lakhs of micro-retailers'

18 July 2018 5:08 AM IST

The RBI governor headed Monetary Policy Committee will be meeting later this month to review interest rate regime.

Inflation hits 5 per cent; IIP slows down

Economy reels from double whammy.

13 July 2018 12:05 AM IST