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LATEST NEWS UPDATES | Stress in villages, but growth in cities, says Hindustan Unilever CEO - Sagar Malviya

LATEST NEWS UPDATES

Stress in villages, but growth in cities, says Hindustan Unilever CEO - Sagar Malviya


February 10, 2023

Economic Times Unilever global chief executive Alan Jope said high inflation impacted demand from low income consumers in Indian villages even as growth remains stronger in cities. "The market growth in India remains stronger in urban areas than in rural areas and that reflects the high impact...

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Indian households' inflation expectations moderating according to RBI survey - Swati Bhat
February 10, 2023

Reuters Indian household's inflation expectations for the current period moderated by 20 basis points to 9.6%, while consumer confidence improved further, the results of the Reserve Bank of India's latest round of internal surveys conducted in January showed. As per the survey, respondents expect higher price pressures...

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Parliamentary Panel asks Centre to raise Financial assistance for PM Awas (rural) - Nidhi Sharma
February 10, 2023

Economic Times A parliamentary panel has asked the government to increase financial assistance provided under Pradhan Mantri Awas Yojana (Gramin) to help beneficiaries in completion of houses and improve monitoring of houses being constructed under the flagship scheme. The 30-member committee on estimates, headed by BJP MP...

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Bill to reform insurance sector may come in monsoon session - Subhash Narayan
February 10, 2023

The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence...

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The number of Micro, Small, Medium enterprises that closed in 2022-23 was 6000% greater than two years ago - Parliamentary Question
February 8, 2023

Rajya Sabha 10,655 micro, small and medium enterprises (MSMEs) closed in 2022-23. That is a 6,088% increase over the number in 2021-22, with 175 closures. The data was revealed by the Ministry of Micro, Small and Medium Enterprises, Government of India as part of the response...

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