After delayed monsoon, dull rural demand, can festive season bring cheer for FMCG stocks?

FMCG companies are likely to see a soft Q2FY24 as rural demand remains subdued and a rise in competition from local players in select categories hurts large companies. Read more.

Take a look at these key events

Today
RBI to share three-day monetary policy meeting outcome
Bengaluru metro’s purple line likely to become fully operational
Actor Ranbir Kapoor summoned by ED in online gaming case
Vibrant Gujarat Global Summit set to kick off
Tata Safari facelift bookings to begin
Edelweiss Financial’s non-convertible debentures to open
KCR to launch ‘CM breakfast scheme’ for government schools in Telangana
Cocon 2023 conference in Kerala
Tomorrow
Last date to exchange Rs 2000 notes
GST council meeting
Imraan Masood to join Congress
Thalassemia national conference in Hyderabad
Uganda Airlines to start non-stop Mumbai flights
Global startup summit in Hyderabad
Myntra Big Fashion Festival to start

Banks may not change lending, deposit rates after MPC meet, say bankers

Private and public sector banks are unlikely to change their lending and deposit rates any time soon as many lenders have revised their rates over the past few weeks, leaving little headroom for further changes in the near future, bankers told Moneycontrol. Read more.

Time to rebalance your portfolio? Check out these aggressive hybrid funds

Equity mutual funds especially mid-cap and small-cap funds have delivered handsome returns to the unitholders and most of them are sitting with huge gains. Read more.

You can now use WhatsApp ticketing on all Metro lines in Delhi/NCR

Delhi Metro Rail Corporation (DMRC) has partnered with Meta and their authorized India partners, Pelocal Fintech to extend WhatsApp ticketing for all Metro lines in the Delhi/NCR region, including the Gurugram Rapid Metro. Read more.

JLR Q2 wholesales volume rises 29% on improved supply

Jaguar Land Rover (JLR), the UK-based luxury subsidiary of Tata Motors, on October 5 reported an increase in sales volumes for the second quarter of the current financial year. Continuing improvement in supply allowed the company to deliver more vehicles to clients, JLR said in a business update. Read more.

Norwegian author Jon Fosse wins Nobel Prize in Literature 2023

Norwegian author Jon Fosse has been awarded the 2023 Nobel Prize in Literature “for his innovative plays and prose which give voice to the unsayable”, the Swedish Academy announced on October 5. Fosse presents everyday situations that are instantly recognisable from our own lives, the academy said. Read more.