CPSE dividends likely to exceed ₹62,000 crore, 24% more than RE

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The Centre is expected to close the fiscal year 2023-24 with more than ₹62,000 crore or even more through dividends from Central Public Sector Enterprises (CPSEs). If this happens, it will exceed revised estimates by more than 24 per cent. Also, this will be an all-time high, besides being the third successive year of ₹50,000 … Read more

FMCG industry records 6.4% volume growth, rural & urban consumption gap narrows, says NielsenIQ

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The Indian FMCG industry’s volume grew by 6.4 per cent year-on-year in the October-December quarter with an uptick in consumption that was seen both in urban and rural areas, according to a report by analytics firm NielsenIQ. The report also highlighted a narrowing consumption gap between urban and rural markets for the first time in … Read more