Business Standard

Indian consumers

Govt asks retailers to cut profit margins on pulses for relief to consumers

The government on Tuesday pointed out that retail prices of tur, urad and chana dals have not declined in proportion to about a 4 per cent fall in major wholesale markets in the past one month and asked retailers to charge reasonable profit margins for providing relief to consumers. The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players. On Tuesday, the Department of Consumer Affairs organised a meeting with the Retailers Association of India (RAI) here to discuss the price scenario in respect of pulses. The meeting, chaired by Nidhi Khare, Secretary, the Department of Consumer Affairs, also reviewed compliance with the stock limits for tur and chana. The meeting was attended by representatives of RAI, Reliance Retail, D-Mart, Tata Stores, Spencer's, RSPG, and V-Mart, among others. RAI has more than 2,300 members, having over 6,00,000 retail outlets in the country. According to an official statement, the secretary

Govt asks retailers to cut profit margins on pulses for relief to consumers
Updated On : 16 Jul 2024 | 11:27 PM IST

Rising disposable income a big opportunity for us: AABL's Tushar Bhandari

Associated Alcohol Breweries Ltd (AABL), one of the leading distilleries in India, is strategically targeting the evolving preferences of new-age consumers

Rising disposable income a big opportunity for us: AABL's Tushar Bhandari
Updated On : 21 Apr 2024 | 5:18 PM IST

World Consumer Rights Day 2024: History, Theme, Importance, and more

World Consumer Rights Day is marked on 15 March of every year. The day is observed for creating awareness about the rights of all consumers against fraud, discrimination, and other such practices

World Consumer Rights Day 2024: History, Theme, Importance, and more
Updated On : 15 Mar 2024 | 7:02 AM IST

Indian consumer sentiment dips to a four-month low, shows data

The survey asks households about their current well-being and their expectations from the future

Indian consumer sentiment dips to a four-month low, shows data
Updated On : 04 Mar 2024 | 11:05 PM IST

Optimistic about overall growth prospects, good demand ahead: Pidilite MD

Rural and semi-urban markets are growing 1.5 times faster than the urban market for Pidilite Industries, helping it register a double-digit volume growth and it sees positive demand environment in the last quarter also, says its Managing Director Bharat Puri. The company achieved a double-digit volume growth in the first three-quarters of FY24 and Puri expects to continue the momentum with a broad-based growth across categories. "We see a good demand environment, government spending on infrastructure, the housing sector and real estate is seeing an upsurge. So, overall we remain optimistic about the overall prospects of our sector," said Puri in a virtual media roundtable. Pidilite, which passed on the benefits of lower-cost prices to consumers, does not see any disruption in the supply chain from the geopolitical crisis, which is brewing in the Middle East. "Fortunately for us, most of our raw material comes from the East rather than from via the Red Sea. Right now, raw material

Optimistic about overall growth prospects, good demand ahead: Pidilite MD
Updated On : 28 Jan 2024 | 10:56 PM IST

Only 7% of Indian consumers buy fruits, vegetables online: Survey

"Quality of fruits and vegetables delivered via online platforms was always average and the return/refund process mostly painful, according to consumers," said Sachin Taparia, Founder of LocalCircles

Only 7% of Indian consumers buy fruits, vegetables online: Survey
Updated On : 24 Nov 2023 | 10:56 PM IST

Govt starts hackathon to fight dark patterns on e-commerce websites

Dark patterns are defined as practices or deceptive design patterns using user interface/user experience interactions on any platform, designed to mislead or trick users

Govt starts hackathon to fight dark patterns on e-commerce websites
Updated On : 26 Oct 2023 | 9:54 PM IST

Global giants tap Indian consumers, spend $3,600 a second on World Cup ads

Brands are likely to spend about Rs 2,000 crore ($240 million) in advertisement spots on streaming platforms during the tournament, estimates Jehil Thakkar, a partner at Deloitte India

Global giants tap Indian consumers, spend $3,600 a second on World Cup ads
Updated On : 05 Oct 2023 | 6:59 AM IST

Indian consumers to spend more on luxury this festival season: Study

Increased spending on back of improved finances, says Deloitte study

Indian consumers to spend more on luxury this festival season: Study
Updated On : 22 Sep 2023 | 10:59 AM IST

Prices in India are rising faster than many large economies, EM peers

Dozen states have reported higher inflation numbers than the all-India figure of 7.44 per cent

Prices in India are rising faster than many large economies, EM peers
Updated On : 14 Aug 2023 | 10:33 PM IST

Mediator fee in consumer complaints to come out of consumer welfare fund

The fees associated with engaging a mediator in consumer complaints will now be drawn from the consumer welfare fund

Mediator fee in consumer complaints to come out of consumer welfare fund
Updated On : 11 Aug 2023 | 6:49 PM IST

83% of Indian card users want travel rewards, personalised experiences

Collinson's Report on what keeps customers engaged and loyal to brands across Asia Pacific finds that Indian consumers seek hyper-personalised, elevated experiences

83% of Indian card users want travel rewards, personalised experiences
Updated On : 27 Jul 2023 | 5:29 PM IST

QR code, the smudgy pattern on a square, is becoming a tool for marketing

While marketers have started using it in innovative ways across consumer touch points, the QR code's full potential is yet to be tapped, experts say

QR code, the smudgy pattern on a square, is becoming a tool for marketing
Updated On : 19 May 2023 | 11:14 AM IST

Biz activity for Shopify's Indian sellers up 9.8% to Rs 30,100 cr in 2022

Shopify has a total seller-base of 7.9 million registered Indian Micro, Small, and Medium Enterprises (MSMEs) on its platform

Biz activity for Shopify's Indian sellers up 9.8% to Rs 30,100 cr in 2022
Updated On : 16 May 2023 | 9:59 PM IST

Decoding the name game of service charge added in a restaurant bill

The Restaurants' Association said that levying of service charges has been a standing practice for more than 80 years in the hospitality industry

Decoding the name game of service charge added in a restaurant bill
Updated On : 14 Apr 2023 | 11:19 PM IST

Explained: Why Indian consumers don't gain from Russian crude oil

Supplies from Russia come at a substantial discount to global prices, but Indian pump prices have remained unchanged for nearly ten months

Explained: Why Indian consumers don't gain from Russian crude oil
Updated On : 03 Mar 2023 | 9:22 PM IST

Indian consumer goods makers bet on rural recovery to lift profits

A nascent revival in rural demand is likely to prop profits at Indian consumer goods companies in the March quarter, as improving income and credit disbursal allow buyers to spend more on branded oils

Indian consumer goods makers bet on rural recovery to lift profits
Updated On : 16 Feb 2023 | 5:47 PM IST

Consumers willing to pay premium for next vehicle amid inflation fears

Indian consumers are willing to pay a premium for purchasing their next vehicle despite fears of inflation, with a large portion of them looking at automobiles in the Rs 1,025 lakh price bracket

Consumers willing to pay premium for next vehicle amid inflation fears
Updated On : 17 Jan 2023 | 6:25 PM IST

Tata CLiQ Luxury expands its luxury fashion category with launch of Le Mill

Partnership will offer international brands in apparel, accessories, and footwear

Tata CLiQ Luxury expands its luxury fashion category with launch of Le Mill
Updated On : 30 Nov 2022 | 12:01 PM IST

Dettol enters a new category with Dettol multi-use antiseptic cream

With the launch of this antiseptic cream, the company aims to create a niche for itself in the cuts and wounds segment, as it looks to on building on its existing antiseptic liquid

Dettol enters a new category with Dettol multi-use antiseptic cream
Updated On : 17 Nov 2022 | 9:57 PM IST