Consumer Data

BOJ highlights broadening wage, price gains but warns of potential risks

Governor Ueda has said the BOJ can afford to spend time scrutinising the fallout from US economic uncertainty in judging whether to hike rages

Epsilon Advanced Materials plans Rs 9,000 cr anode facility in K'taka: MD

Battery materials manufacturer Epsilon Advanced Materials is planning to set up a Rs 9,000-crore anode plant in Karnataka with an annual production capacity of 90,000 tonne, a top official of the company said. The investment in the plant would be made in two phases. In the first phase, Rs 4,000 crore would be invested and the remaining Rs 5,000 crore would be pumped in in the second phase, Epsilon Group Managing Director Vikram Handa said. "So, we are looking to build a 30,000-tonne anode plant in India by Q4 2026, which will entail an investment of about Rs 4,000 crore. The plant will be scaled up to 90,000 tonne (capacity) by 2031. The total capex outlay is Rs 9,000 crore for our annual business in the next eight years," Handa explained. With increasing demand of electric vehicles in India, there is a need for Indian cell manufacturing companies to set up battery plants in the country. Epsilon products will act as a sustainable and reliable supplier of anode and cathode material t

Union Budget 2024-25: Here are the key challenges in retail sector

Digital transformation needs to have zero tolerance on consumer data breaches

Urban consumer sentiment at a 60-month high; rural areas less optimistic

Rural consumer sentiment is at its lowest level in FY25

Certain FMCG sectors may face tampering of growth: Deloitte report

Certain sectors including beauty products, personal care, consumer electronics and consumer durables may face a tempering of growth, according to a report from consulting firm Deloitte. The decline is on account of the high volume of purchases post-pandemic that have created a high base for FY25, according to Deloitte's Future of Retail report. The report also highlighted a significant shift in consumer spending patterns with a rise in value-seeking buyers, which is evident across consumer businesses. While the consumer may increase their spending on leisure activities, suggesting a good performance for the aviation and hotel industries in FY202425, it added. Yet the growth in premium products has outpaced entry-level products in several sectors, including electronics and personal care. Companies will benefit from understanding the preferences of their customers for premium products and using them to drive growth, it said. Based on the survey, the report said a large section of ..

Consumer sentiment of urban Indians dips to a 4-month low, shows data

Rural consumer sentiment is at its highest level thus far in 2024

Dark patterns: Govt sets guidelines of the game for digital business

These are tactics used by online platforms to manipulate or heavily influence customers to make certain choices

RBI's rules on online transactions mean for consumers and merchants

To make online transactions secure, the RBI has asked merchants & payment gateways to remove customer data on cards saved with them and use encrypted tokens. Here's how it will impact digital commerce

Google misled consumers over data collection: Australian watchdog

A setting to control web and application activity, when turned on, also enabled Google to collect, store and use the data and was turned on by default on the devices

India's consumption market likely to triple by 2030, says BCG report

The consumption spurt will be driven by urbanisation, higher disposable incomes, and nuclear families

Firms gear up for change in consumer behaviour in post-Covid world

It's for this new consumer that companies are adapting their products and services

Most brands in US, Europe failing to use customer data effectively: Survey

Brands that use CDPs effectively are 2.5 times more likely to increase customer lifetime value

Maharashtra, Haryana saw biggest drop in rural consumer spending: NSO data

Rural parts of Haryana and Maharashtra saw an 18 per cent fall in consumer spending in 2017-18, compared to 2011-12

Supermarkets outpace traditional trade amid the slowdown: Nielsen data

Rate of growth nearly double that of traditional trade in July-Sept: Nielsen data

Data deluge: How much of your sensitive info does a company collect?

Firms believe unauthorised users can access their networks