Sesa Sen

The recent price hike is mainly triggered by unfavourable weather conditions, which has affected tea production in the country, increasing procurement costs for these companies.

HUL and Nestle India witnessed a decline in consumer spending as high inflation affects middle-income households, particularly in urban areas.

This is the first instance since late last year of the airline reporting a reduction in grounded aircraft.

Traditional kirana stores face steep challenges as consumers turn to quick commerce platforms such as Blinkit, Zepto, and Swiggy Instamart, sparking industry-wide concern over unfair pricing.

Food inflation and weak consumer sentiment, especially among the urban middle class, remains a concern, the CEO says.

The government has cut the excise duty on blended ATF to 2% for all domestic flights while all others will be subjected to a higher tax rate of 11%.

Dabur India's revenue from operations during the September quarter declined 5.5% year-on-year to Rs 3,029 crore.

Analysts remain sceptical about a potential recovery in demand in the near term.

Analysts remain sceptical about a potential recovery in demand in the near term.

Consumers may unknowingly purchase near-expiry products or non-movable stocks lured by attractive discounts that can pose health risks, the federation noted.