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Impacted by an increase in soap prices and unseasonal rainfall slowing down sales of the home insecticides (HI) segment, Godrej Consumer Products expects a "flattish" underlying volume growth and a mid-single-digit sales growth in the domestic market in the December quarter. Both segments jointly contribute to two-thirds of GCPL's standalone revenue -- mainly income from operations from the domestic market. However, the rest of the portfolio is demonstrating good performance and is expected to deliver double-digit underlying volume growth, Godrej Consumer Products Ltd (GCPL) said in an update on business conditions and quarterly performance to the exchanges. "The demand conditions in India have been subdued for the past few months which is evident in the FMCG market growth," it said. A surge in palm oil and derivatives prices to the extent of a year-on-year increase of 20-30 per cent has impacted the soaps category, representing one-third of GCPL's standalone business revenue. "To
IMD weather alert: Heavy rainfall alert issued in parts of Tamil Nadu. Chennai weather forecasts predict intensified rains which are expected in coastal and interior regions
For the 12th consecutive month, work demand under the MGNREGS fell in October, reflecting a shift in the rural economy toward more lucrative job opportunities
IMD predicts that heavy rainfall could occur over Tamil Nadu, Kerala, South Interior Karnataka, Konkan and Goa, Madhya Maharashtra, Arunachal Pradesh, and Gujarat
The national capital is witnessing a surge in temperatures. The weather department has issued an alert of heavy rain in Assam, Meghalaya, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, etc.
October's rainfall is projected at more than 115 per cent of the 50-year average, said Mrutyunjay Mohapatra, director-general of the India Meteorological Department (IMD)
The monsoon was the deficit in the North and North-Eastern parts of the countries with a 14 percent shortfall
The met department predicts heavy rainfall in northeastern states such as Assam, Meghalaya, Arunachal Pradesh, Nagaland and more in the coming 5-6 days
On Saturday, Kathmandu recorded a record-breaking rainfall in its 54 years with 323 millimetres of rainfall, recorded within 24 hours on that day
Water levels in the reservoirs of North India particularly in the states of Himachal Pradesh and Punjab, along with Bihar and Nagaland are among the states which are lower than their normal levels
Odisha rainfall: Flooding has created difficulties for tourists at the Konark Sun Temple near Puri, with some wading through knee-deep water as the temple entrance remains submerged
IMD monsoon update: The IMD predicts that widespread rainfall will continue over parts of Gujarat and western India throughout the week, which could delay the withdrawal in those areas
The Met Department predicts light to moderate rainfall across the country, while Chhattisgarh and Vidarbha are to experience isolated heavy rainfall from September 23 to 26
Uttar Pradesh rains: Since Saturday, 14 people have lost their lives in incidents related to the rain and drowning, with 10 of these fatalities occurring in a building collapse in Meerut
The death toll in Myanmar from flooding and landslides caused by Typhoon Yagi has reached at least 74, with 89 people missing, Myanmar's state television said Saturday. Difficulties in compiling information have raised fears that the number of casualties may be higher. The new official death toll announced by the country's military government was more than double the 33 reported on Friday. Typhoon Yagi earlier hit Vietnam, northern Thailand and Laos, killing more than 260 people and causing major damage. The new totals were announced after state media reported that Senior General Min Aung Hlaing, the head of the ruling military council, said that Myanmar was requesting relief aid from foreign countries. Nearly 240,000 people have been displaced, according to the reports. There were already 3.4 million displaced people in Myanmar at the beginning of September, according to the UN refugee agency, mostly because of war and unrest in recent years. In Myanmar, low-lying areas in the ..
Northern Odisha districts adjoining West Bengal received heavy rainfall on Saturday, with the IMD forecasting more downpour over the next couple of days. Kusumi in Mayurbhanj district received the most rainfall at 136 mm, followed by Bhogorai and Jaleswar in Balasore at 104 mm and 67 mm, respectively, in the last 24 hours till 8.30 am on Saturday. With the deep depression in the Bay of Bengal moving to Gangetic West Bengal, the India Meteorological Department (IMD) forecast heavy to very heavy rain in several areas in neighbouring Odisha over the next two days. Light to moderate rainfall at most places is very likely with heavy to very heavy rainfall at a few places in Odisha and extremely heavy rainfall at isolated places over north Odisha on September 14, the Met department said in a bulletin. Heavy to very heavy rainfall at isolated places is expected on September 15 and heavy rainfall at isolated places on September 16, it said. A deep depression is a more intense stage of a .
A total of 156 roads including National Highway 5 (Hindustan-Tibet Road) were closed for vehicular movement in Himachal Pradesh on Saturday morning as rain continues to lash parts of the state, officials said. Moderate rain continued in some parts of the state with Katula logging the highest rainfall of 78.5 mm, since Friday evening, the meteorological department said. During this period Palampur recorded 68 mm rainfall, followed by 60 mm in Baijnath, 58.4 mm in Mandi, 56.4 mm in Guler, 53 mm in Dharamshala, 51.4 mm in Kufri, 50 mm in Shimla and Jogindernagar each, 48.6 mm in Naina Devi, 46.6 mm in Kangra, 46 mm in Nagrota Suriyanas, it said. The National Highway 5 (Hindustan-Tibet Road) was closed at Malling Nallah in Kinnaur district following landslide and falling of shooting stones. A maximum of 94 roads are closed in Shimla, 46 in Mandi, ten in Kangra, three in Kullu and one each in Bilapsur, Kinnaur and Sirmaur districts due to rains, landslide and flash floods as per the Sta
Kookarkheda trader Ramavtar Khandelwal informed that among major kharif crops, guar is assuming a loss of 30 to 50 per cent and 40 to 50 per cent loss in Moong
Delhi rains: Heavy rainfall caused significant traffic disruptions and waterlogging in Delhi and the NCR region on Friday, leading the IMD to issue an 'orange' alert
IMD weather update: The India Meteorological Department (IMD) has predicted more rainfall for Delhi, east Haryana, west Uttar Pradesh, Uttarakhand, and northern Madhya Pradesh from September 11 to 14