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Aishwarya Nair

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Indian shrimp exporters see relief from US holiday demand

BUSINESS

Indian shrimp exporters see relief from US holiday demand

Exporters see that some consumers in the US are open to absorb full 50 percent tariff costs to cater to the upcoming holiday season, intending to pass on the costs to end consumers

Furniture giant IKEA assembles small town strategy to double B2B business by 2028

BUSINESS

Furniture giant IKEA assembles small town strategy to double B2B business by 2028

IKEA doesn’t plan to set up stores in every city right away. Instead, it is placing key account managers in these markets to work closely with builders, architects, and customers, ensuring the brand stays visible and relevant well before a physical store comes up.

Reliance FMCG arm eyes Rs 1 lakh cr revenue in five years, says Isha Ambani

BUSINESS

Reliance FMCG arm eyes Rs 1 lakh cr revenue in five years, says Isha Ambani

The comments come as the company plans to consolidate brands in apparel, fashion, food, personal care, and beverages that are currently spread across Reliance Retail Ltd, Reliance Retail Ventures Ltd and Reliance Consumer Products Ltd (RCPL), into a new entity.

DTDC bets on rapid commerce, targets smaller towns with 2–6-hour delivery

BUSINESS

DTDC bets on rapid commerce, targets smaller towns with 2–6-hour delivery

The company will focus on categories including electronics, accessories, apparel, cosmetics, food supplements and even B2B spare parts. However, it will not offer perishable items like groceries. It sees average order value in the range of Rs 1,200–1,500, compared to about Rs 400–500 in quick commerce.

D2C brands ramp up festive playbook to tap on impulse demand on 10-minute delivery apps

BUSINESS

D2C brands ramp up festive playbook to tap on impulse demand on 10-minute delivery apps

As brands enhance their focus on online sales, quick-commerce platforms are also expanding their offerings, capacity ahead of the festive rush.

Biscuits lose crunch as chocolates and salty treats take centre stage in India’s snacking basket

BUSINESS

Biscuits lose crunch as chocolates and salty treats take centre stage in India’s snacking basket

Out-of-home biscuit consumption dropped 8 per cent YOY in May 2025, even as chocolates jumped 32 per cent and salty snacks rose 6 per cent.

GST rate cut uncertainty may dampen festive sales, AC makers most at risk

BUSINESS

GST rate cut uncertainty may dampen festive sales, AC makers most at risk

There is definitely a risk that high-ticket, price-sensitive purchases like air-conditioners, refrigerators, or premium durables could see some deferment if consumers believe the GST cuts will take effect soon, says an analyst

Lower tax slabs may boost sales of packaged goods, essentials : analysts

BUSINESS

Lower tax slabs may boost sales of packaged goods, essentials : analysts

The proposed reforms have two benefits. One is that essentials and FMCG products will see quicker volume traction, while consumer durables, which are highly price-sensitive, will gain renewed affordability, according to an analyst.

Not soliciting sales in US amid tariffs: Vikram Solar MD

BUSINESS

Not soliciting sales in US amid tariffs: Vikram Solar MD

The comment comes as the revenue share from US exports drastically reduced to 0.96 per cent of the total revenue in fiscal 2025, as compared to 61.1 per cent in fiscal 2024.

Pearl Global looks to reorient India ops for non-US orders amid tariff pressures

BUSINESS

Pearl Global looks to reorient India ops for non-US orders amid tariff pressures

Pearl’s Indian operations account for 25% of its total export capacity, with roughly half of that output dedicated to the US market, the company said.

E-commerce platforms gear up for festive rush as smaller cities drive early demand

BUSINESS

E-commerce platforms gear up for festive rush as smaller cities drive early demand

This means a rise in jobs, even if temporary, in places outside the list of big cities, with staffing companies saying they are getting requests from cities like Coimbatore, Jaipur and Nagpur.

India's jewelry exporters look to alternate routes, domestic market to mitigate Trump tariff shock

BUSINESS

India's jewelry exporters look to alternate routes, domestic market to mitigate Trump tariff shock

In the short-term mitigating the impact of higher US tariffs may be difficult

Indian textile players resort to African units, discounts and new sales locations to beat tariffs

BUSINESS

Indian textile players resort to African units, discounts and new sales locations to beat tariffs

Raymond Lifestyles says its Ethiopian plant is getting more customer inquiries from the US as the tariff stand at 10%. Gokaldas Exports units in Kenya and Ethiopia, too, are in an advantageous position'

Hindustan Unilever bets on gradual recovery, steps up investments to drive sales

BUSINESS

Hindustan Unilever bets on gradual recovery, steps up investments to drive sales

HUL CFO Ritesh Tiwari said gross margins are expected to improve sequentially, though any gains will be reinvested in the business.

HUL expects steady demand, bets on macros and consumption recovery to sustain momentum

BUSINESS

HUL expects steady demand, bets on macros and consumption recovery to sustain momentum

Hindustan Unilever absorbed most of the price inflation in tea, keeping the product affordable and thereby supporting volume gains. However, now, the company sees price vs cost gap to narrow in the coming quarters

Demerger-ready ice cream unit may need future fund infusion for expansion: HUL CFO

BUSINESS

Demerger-ready ice cream unit may need future fund infusion for expansion: HUL CFO

Management said that given the high-growth, low-margin nature of the category, access to external funding will be crucial for future expansion

FMCG majors to raise ad spends as urban recovery takes shape

BUSINESS

FMCG majors to raise ad spends as urban recovery takes shape

India's largest packaged consumer goods maker, Hindustan Unilever, spent Rs 150 crore more YoY on advertising and promotion in Q1FY26. The market leader also pivoted from traditional media, moving towards digital media to attain greater visibility..

Tata Steel Netherland hopeful of completing restructuring by September

BUSINESS

Tata Steel Netherland hopeful of completing restructuring by September

The restructuring is expected to contribute an estimated Euro 180 million toward Tata Steel Nederland's targetted cost savings of Euro 500 million by FY26.

What drove US sanctions on 6 Indian companies

BUSINESS

What drove US sanctions on 6 Indian companies

Of the six Indian companies sanctioned by the US for buying oil from Iran, Alchemical Solutions Private Limited made the heftiest payment of $ 84 million while the other five Indian companies made payments ranging between $1.3 million to $51 million to Iranian companies for purchase of petroleum products, an official statement of the US Department of State said.

Trump imposes 25% tariff: Textiles, jewellery, pharma, electronics face threat; India Inc hoping for relief in trade deal

BUSINESS

Trump imposes 25% tariff: Textiles, jewellery, pharma, electronics face threat; India Inc hoping for relief in trade deal

The 25 percent tariff is higher than the tariffs for countries that have reached some agreement with the US on tariffs and trade barriers such as European Union (15 percent) and UK (10 percent) and some of the south east Asian nations such as Indonesia (19 percent), Philippines (20 percent) and Vietnam (20 percent), which compete with India.

Waaree denies predatory pricing in US amid anti-dumping probe

BUSINESS

Waaree denies predatory pricing in US amid anti-dumping probe

A group of local solar panel manufacturers in the US has filed a petition alleging that companies in India, Indonesia and Laos are dumping cheap goods in the market to disrupt new American factories' business.

Shailesh  Jejurikar to navigate P&G through weak volumes, tariffs as incoming CEO

BUSINESS

Shailesh Jejurikar to navigate P&G through weak volumes, tariffs as incoming CEO

The move comes in tandem with growing investor pressure to perform amid P&G's inability to sustain growth momentum due to persistent volume weakness across various product categories. As of July 29, shares of the NYSE-listed company are down 5.34 percent since the beginning of the year.

Maharashtra FDA to continue inspection of Blinkit, Zepto dark stores

BUSINESS

Maharashtra FDA to continue inspection of Blinkit, Zepto dark stores

In June, the FDA found that a Blinkit-affiliated dark store in Pune operated by a partner firm was functioning without a mandatory food safety licence. In the case of Zepto, a facility in Dharavi found instances of non-compliance with food safety norms. Both companies had resumed operations after clearance from the authorities.

IREDA confident of recovery from Gensol EV assets, provisioning may not rise

BUSINESS

IREDA confident of recovery from Gensol EV assets, provisioning may not rise

IREDA was the first lender to file for insolvency against Gensol and has since seen an interim resolution professional (IRP) appointed. A meeting of the committee of creditors (CoC) was held last week and a resolution professional (RP) is expected to be confirmed this month.

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