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Tag: El Nino

Zomato shares hit all-time High of INR 290.50 amid broader market rally

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Foodtech giant Zomato's shares surged͏͏ to͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 290.50͏͏ apiece͏͏ on͏͏ the͏͏ BSE͏͏ today͏͏ (September͏͏ 20),͏͏ propelled͏͏ by͏͏ a͏͏ broader͏͏ market͏͏ rally͏͏ that͏͏ saw͏͏ the͏͏ Sensex͏͏ and͏͏ Nifty50͏͏ also͏͏ reach͏͏ record͏͏ highs. The͏͏...

Sereko partners with TATA 1mg for retail expansion, launches in 20 NCR stores

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Sereko, India’s leading Psychodermatology Skincare brand, is making͏ s͏ig͏ni͏fi͏can͏͏t ͏str͏͏͏id͏e͏s͏͏͏ in ͏it͏͏͏s͏͏ ͏mis͏sion ͏t͏o ͏͏e͏͏n͏ha͏nce ͏access t͏o͏ hol͏istic sk͏͏͏͏͏incare sol͏͏uti͏ons. Th͏e brand͏ ha͏s par͏t͏͏͏n͏e͏͏͏red ͏with͏ TATA 1mg for ͏a͏͏ strate͏gic retail ͏͏ex͏p͏a͏nsion, launchi͏n͏͏g͏ in͏ 20 s͏t͏͏ore͏s͏...

Cocoa prices skyrocket to 45-year high amid expected crop shortages

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Cocoa prices topped $4,000 per tonne in New York on Friday, marking the highest point since 1978. This surge was driven by the bullish...

India’s wheat prices soar to 8-month peak amid tight supply and high demand

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On Tuesday, Indian wheat prices reached an eight-month peak, driven by robust demand during significant festivals, restricted availability, and import duties rendering foreign purchases...

FMCG industry sees optimistic signs of recovery in rural markets as inflation eases

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The FMCG sector experienced a boost in rural volume growth during the June quarter due to a reduction in inflationary pressures. As a result,...

FMCG giants remain optimistic about rural demand, brush off concerns of El Nino impact

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According to top executives of consumer goods companies, the resurgence of rural demand is not solely reliant on the influence of El Nino on...

Consumer staple giants ramp up inventory as monsoon progress slows and El Nino looms

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Amidst the slow progress of the monsoon and reports of El Nino, consumer staple companies such as LT Foods, GRM Overseas, and Tirupati Agritrade...

India to cap sugar exports until first half of 2024 amid impending El Nino threat: Govt Sources

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Government sources announced on Monday that India will postpone the consideration of permitting sugar exports until at least the first half of the upcoming...

India’s sugar industry to meet local demand and export despite El Nino forecast, confirms official

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According to a senior government official, India is expected to produce enough sugar in the upcoming season to cater to the domestic demand as...

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