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India’s Seafood Exports Hit Record High In 2022-23

India’s seafood exports, both in terms of volume and value, achieved an all-time high in 2022-23. It shipped 1.7 million tonnes of seafood worth Rs 63,969.14 crore (USD 8.09 billion) during the financial year, growing 26.73 per cent in quantity terms and 4.31 per cent in value terms over 2021-22. According to a press statement […]

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Wholesale Inflation In India Hits Three-year Low of -3.48% In May

Wholesale inflation in India based on the Wholesale Price Index continued to stay in the negative zone in May. It hit a three-year low at minus 3.48 per cent in May, as against minus 0.92 the previous month, official data released by the Ministry of Commerce and Industry showed on Wednesday. The decrease in wholesale […]

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Brands Companies News

Hyundai Motor Sales Increase By 7.8% In May 2023

Hyundai Motor Company sold a total of 3,49,194 units globally in May 2023, a 7.8 per cent increase on a yearly basis, the automaker said on Friday. In May, sales outside Korea increased by 7.7 per cent to 2,80,514 units. The gradual recovery from the global shortage of parts and production stabilization has helped the […]

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Indian Steel Association Predicts 7.5% Growth In Steel Demand In FY23

The Indian Steel Association (ISA) is optimistic about the steel demand and is expecting a growth of 7.5 per cent to 128.85 million tonne (MT) in the current financial year, according to a media report on Saturday. ISA said higher production and domestic demand have caused the steel demand in FY23 to rise by about […]

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Companies E-commerce & Marketplaces News

Amazon India Raises Seller Fees, Potentially Impacting Product Prices

Amazon India will soon increase seller fees for various essential categories, including apparel, beauty products, groceries and medicines. According to a company spokesperson, the revision of seller fees is impacted by different elements, such as changing market dynamics and macroeconomic situations. As part of the recent fee revision, adjustments have been made to the fee […]

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News Trade

Rupee Rises 18 p to 81.93 Against US Dollar In Early Trade

The Indian rupee rose 18 paise to Rs 81.94 against the US dollar on Thursday morning. In the domestic market, BSE Sensex was down 43 points to 60,349.14 while NSE Nifty lost 10 points to 17,802.55 on Thursday morning. BSE Financial Services, BSE FMCG, S&P BSE Energy was trading in the positive territory while BSE […]

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Food/Entertainment Logistics News

India’s Overall Oilmeal Exports Rose 70% In 2022-23

India’s overall oilmeal exports so far during the current financial year – April to December – were 70 per cent higher year-on-year at around 3.3 million tonnes, data compiled by vegetable oil industry body, The Solvent Extractors’ Association of India (SEA), stated. Oilmeals are basically the residue left over after extraction of oil from oilseeds, […]

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Brands Food/Entertainment News

Amul Hikes Milk Prices By Rs 3 Per Litre

The Gujarat Cooperative Milk Marketing Federation (GCMMF), has hiked the prices of Amul pouch milk by Rs 3 per litre across all variants. “We would like to inform you that the price of Amul pouch milk (all variants) has been revised upwards as under w.e.f. February 2, 2023 night dispatch (February 3, 2023 morning),” the […]

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Brands Fashion & Lifestyle News

Personal And Home Care Demand Increases In Q3: Godrej Consumer Products

Godrej Consumer Products reported higher third-quarter sales growth and profit margins on Thursday, citing strong demand for its home and personal care products as well as a drop in input costs. Godrej Consumer Products reported slow growth in the FMCG sector in the December quarter, owing to poor rural consumption and a post-holiday slowdown. The […]

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