Premium

Despite GST 2.0 cuts, many policyholders say they face higher insurance premiums; 43% report no benefit

While large players such as LIC have publicly stated that they can absorb the impact, the broader industry remains wary of margin pressure, evolving cost structures, and potential product-level recalibration

For the first time in 5 years, developers abandon mid-income launches in Q2FY26

The focus has moved towards premium and luxury projects priced upwards of Rs 5 crore in metros and Rs 3 crore in non-metros. This is driven by sustained demand and stronger margins, said one real estate industry executive.

Homes worth Rs 2-5 crore are now the sweet spot in India’s residential housing market

Residential properties priced between Rs 2-5 crore are fast emerging as the most-active segment in India’s housing market, as buyers look to upgrade from the affordable range and developers pivot toward premium projects.

High-value home sales surge in new markets; Chennai, Hyderabad and Kolkata lead premium housing boom

High-value homes, priced above Rs 1–2 crore, are seeing strong traction in Chennai, Hyderabad and Kolkata. Branded residential projects are also picking up

Movie tickets in Karnataka capped at Rs 200, except for premium screens under 75 seats

Karnataka government on September 12 issued rules amending the Karnataka Cinema (Control) Rules, 2014, fixing cinema tickets at Rs 200 (exclusive of taxes) in all theatres, including multiplexes. Premium screens with fewer than 75 seats are exempt.

Rural India drives FMCG premiumisation beyond essentials with health brands

According to Worldpanel India, rural households now contribute more than 40 percent of premium FMCG volumes, up from 30 percent five years ago.

Sula Vineyards banks on premium wines, tourism to fuel growth beyond metros

The strategy of premiumisation alongside booming wine tourism and innovations like the Muscat Blanc is helping transform wine into an aspirational lifestyle choice across Tier 2 and 3 cities, CEO Rajeev Samant tells Moneycontrol

Developers bet on luxury malls in smaller cities as demand surges

Consumers here are well-travelled, digitally exposed, and aspirational, making them ready for luxury and premium retail.

Tata Consumer to raise ad spends amid focus on brand building, COO Ajit Krishnakumar says

In January 2024, the Tata group company acquired Capital Foods, known for brands like Ching's Secret and Smith & Jones, and Organic India, a health and wellness player, for a combined enterprise value of Rs 7,000 crore.

Discovery Series | Jyothy Labs: Raising the bar in fabric care premiumisation

This leading consumer company is a classic case of ‘heads, I win; tails, I don’t lose much’.

ICICI Prudential Life: Poised to deliver strong growth

After 4-5 years of no growth and only margin expansion, ICICI Pru has delivered robust growth in the past four quarters

Berger Paints Q2: Sluggish consumer demand a challenge

Though gaining market share consistently, potential competition takes shine off the stock

Life insurance premium collections fall 25% in November

Life insurers have managed to collect a total premium of Rs 26494.83 crore in November and Rs 2,11,690.65 crore so far in FY24.

Eicher faces a Himalayan challenge in H2; Hero MotoCorp, Bajaj Auto set to zip fast

Eicher’s recently introduced vehicles may not help the company regain the market share lost in the 250cc and above segment while Hero Motocorp and Bajaj Auto are set to gain speed on the back of robust demand.

Nykaa estimates premium segment to be bigger than mass by 2026 in BPC

For Nykaa, BPC was the bigger category. BPC’s gross merchandise value (GMV) increased 33 percent from Rs 5,009 crore in FY22 to Rs 6,649 crore in FY23.

Cement makers increase focus on premium products for better margins

UltraTech Cement, Dalmia Bharat, and Orient have increased the share of the premium category in their sales. But not everyone is impressed, as some experts feel there are only two to three truly premium products that command their price.

Global hotel chains eye India for development with more luxury signings

An expanding middle class with more disposable income and rising medical tourism and business travel from overseas portend strong growth.

Life insurance stocks record renewed interest as investors shrug off growth concerns

Shares of the largest life insurer LIC have risen nearly 1 percent. ICICI Prudential Life Insurance Company's stock has gained nearly 2 percent, while Max Financial Services Ltd has gained roughly 1 percent. HDFC Life Insurance and SBI Life Insurance have gained more than 3 percent

LIC posts 17% jump in premium income at Rs 2.32 lakh crore in FY23

In terms of premium collected, it continues to hold a market share of 62.58 per cent as on March 2023, LIC said in a statement.

Budget 2023-24: BMC allocates Rs 25 crore to improve air quality of Mumbai, will monitor dust emission from real estate projects

The BMC in its budget for 2023-24 has indicated a 16% hike in the property tax from the upcoming fiscal of 2023-24

Budget 2023: Tax tweak in life insurance to dent topline 10-12%, says HDFC Life chief

The Budget 2023 announcement to make changes to tax exemption policy on life insurance will likely have a 10-12 percent impact on the top-line products of HDFC Life and a five percent impact on the bottom-line products if nothing is done to mitigate the change, said Vibha Padalkar, MD and CEO, HDFC Life Insurance.