Page 3 - Consumer Market

Consumer slowdown needed; risk of US recession down: Janet Yellen

"Inflation has really come down a lot - and there's more in the pipeline," Yellen predicted, partly due to an expected adjustment in the housing market

Even with smaller incentives by Centre, daily orders on ONDC touch 30,000

ONDC's majority of retail orders come from the food and beverage category, with a small amount coming from the grocery category

What makes the fight for India's 1.4 billion consumers a fixed match

"Big-5 grew not just at the expense of the smallest firms, but also of the next largest firms," Viral Acharya wrote

Implosion of India's tech startups reveals fundamental flaws in the system

By some estimates, 92 companies in the sector have laid off over 25,000 employees since the beginning of the year

63% of Indian consumers cut back on non-essential spending: PwC report

Nearly half of Indian consumers said rising prices remain the biggest issue when shopping in-store

Rural recovery, price cuts to drive volume gains for consumer companies

It's 'rule Britannia' for brokerages; analysts divided on extent of margin gains

Asus to challenge top position in Indian consumer notebook segment in 2023

PC maker Asus is eyeing top position in consumer notebook market this year on account of continued expansion of retail footprint and widening of portfolio in the gaming segment, a senior official of the company said. Asus India, Business Head, Consumer and Gaming PC, System Business Group, Arnold Su told PTI that the company plans to scale up exclusive stores in India to 300 by the end of 2023 from 200 at present as well as expand other formats of retail stores in a bid to reach consumers. "This year is a very important year for us. This year we want to challenge the number 1 position in India. This makes overall business expansion very important. Right now we have 200 exclusive stores in India. Now we are aiming to touch 300 exclusive stores. Every quarter we will add 20-25 stores," Su said. According to market research firm IDC, Asus held third position in the consumer notebook segment behind HP and Lenovo with a share of 15.6 per cent and a year-on-year growth rate of 20 per cent

Consumers in India becoming smart shoppers due to rising inflation: Study

Commerce media company Criteo conducted a survey of over 1,400 consumers in India to see how inflation has affected shopping behaviour

Consumer companies push deal activity to 25-year high in 2022, shows data

Many small brands swallowed up in catch-up acquisition spree

Australian consumer confidence jumped 4.9 pts in past week: Report

Australian consumer confidence registered a 4.9 point jump to reach 87.4 between January 2-8, the highest for over three months since September last year; a report revealed on Tuesday

States to set up district-wise price monitoring centre for essential items

A senior government official indicated that the Center is making every effort to manage the prices of basic commodities through the Price Monitoring Division

How the Right to Repair rule can cut short your visit to the service centre

The tech and auto industry expects the 'Right to Repair' policy to provide recognition to the largely unorganised third-party repairs sector through increased availability of original spares

Tea producers reinvent business, adapt online blend for consumer connect

Data available on the Tea Board website showed that India's production in 2020-2021 had stood at 1,283.03 million kg and volumes at the auctions were around 547 mkg

Multiply Ventures raises Rs 260 cr via maiden fund focused on consumer tech

The Bengaluru-based VC fund said it exceeded its target of Rs 250 crore

Flashback to the future

The sturdy Ambassador flourished at a time when the only other competitor was the Premier Padmini, made with Fiat technology

Retail prices of tomato skyrocket up to Rs 77/kg in metros barring Delhi

Traders and experts attributed the rise in retail prices to likely tight supply from key growing states like Andhra Pradesh and Karnataka.

Costly beer and luxury cars? Consumers and profits fine with that

With costs of many raw materials flaring amid bottlenecks, companies have been testing how much they can raise prices after years of subdued inflation

Trying to make India-specific portfolios, price points: Mars Wrigley CGM

We try not only the traditional ways of distributing but look at various ways of distributing through digital channels, says Parmar

Make Big Tech accountable to communities and society: MoS Electronics & IT

Nations must cooperate to make firms like Facebook, Google answerable: Min

81% consumers back e-commerce rules, want clarity on services-based biz

LocalCircles study says 64% want the rules across "all electronically sold services like app-based food delivery, app taxis, home repair, salon, airline & railway ticketing, OTT subscription, payments