- Business Standard India’s fast-moving consumer goods (FMCG) sector grew at a slower pace of 7.6 per cent, in the October-December 2022 quarter, compared to the previous quarter as well as October-December 2021, Business Standard reported, citing data from market research firm NielsenIQ. Price growth has tapered and volumed remain weak. Price growth during the quarter was 7.9 per cent, lower than 9.9 per cent in the previous quarter. FMCG firms were...
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Rural India falls prey to processed foods -Kankana Trivedi
-VillageSquare.in The lure of processed Fast Food is not just an urban India problem - rural Indians are finding it increasingly hard to resist readily available junk food as a recent survey from the Development Intelligence Unit shows. Many of us have fond memories of drinking roohafza and eating homemade fryums. OK, fryums are a deep-fried potato snack and roohafza might have fruit and herbs as its base but is loaded with sugar. Still,...
More »India's retail inflation rises to 5-month high of 7.41%, industrial activity contracts -Meghna Sen
-The Telegraph Food inflation, which accounts for nearly half the CPI basket, soared 8.60% in September 2022 as against 7.62% in August Driven by rising food prices, India's retail inflation accelerated to 7.41% in September, the fastest pace in five months, data released by the National Statistical Office (NSO) showed on Wednesday. The number stayed well above the Reserve Bank of India's (RBI) upper tolerance band for the ninth straight month. This...
More »Piscean power -Nitin Sangwan
-The Telegraph Aquaculture is yet to see the kind of technological change that the agriculture sector underwent during the Green Revolution Fisheries is one of the fastest-growing sectors in the world that plays an important role in economic development as well as in facilitating nutrition security. Animal protein is a primary source of protein for billions of people and aquaculture provides for the livelihood of more than 10% of the global population....
More »Realistic analysis shows that the Indian economy has simply taken little steps in Q1 instead of a quantum leap
There is euphoria abound about India's growth performance during the first quarter of the current fiscal. As compared to the corresponding period last year, the year-on-year (y-o-y) GDP growth in the first quarter (Q1) of 2022-23 is down. However, one should take into account the fact that the high growth performance of the real GDP in Q1 of 2021-22 was due to the low base in the corresponding period of...
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