IMD
With above-normal rainfall being recorded across the country, FMCG giant Dabur announced ahead of its quarterly results for FY25 that its beverage segment has͏͏ been͏͏ impacted͏͏ by͏͏ these͏͏ weather͏͏ conditions.Decline͏͏ in͏͏ Out-of-Home͏͏ Sales:"Although͏͏ demand͏͏ trends͏͏ were͏͏...
A slow monsoon, resulting ͏in below-average kharif ͏sowing,͏ could ͏exacerbate food inflation, which economists say is already high͏.͏ However, some remain op͏timistic ab͏out improved rainfall as the season cont͏inues."We've already witnes͏sed ͏a surge in certain vege͏table...
Breaking News
Tea production in Assam and Bengal hit hard by rainfall deficit and heat: Industry
Tea production in Assam and West Bengal is facing significant c͏hal͏len͏ges th͏is seas͏on, wit͏h͏ ͏in͏du͏stry͏ sou͏rces repor͏ti͏ng that insuffi͏cie͏nt rainfall and excessi͏ve͏ heat are...
Food prices set to ease post-June as IMD predicts above-normal monsoon in India
The government anticipates a decrease in food prices after the India Meteorological Department (IMD) predicted an above-normal monsoon, as stated in the recent monthly...
Beer sales hit all-time high in Karnataka as heatwave sweeps the state
In the midst of a water crisis and with temperatures reaching near-record highs in Karnataka, beer sales are skyrocketing to levels never seen before....
From scoops to sundaes: Ice cream sales set to soar 15-20% this summer
Sales of ice creams and dairy products are set to see a notable uptick this summer, with a projected 15-20% increase on the horizon...
FMCG sales hit a slump in August as traders exercise caution in inventory management due to poor rainfall
In August, India witnessed an 8.4% decline in the value of its fast-moving consumer goods (FMCG) sales compared to the previous month. This drop...