“I am cautiously optimistic on how Diwali demand pans out,” said Mayank Shah, vice president at Parle Products. Typically, shopping picks up momentum two to three days before Diwali, according to Shah. “It is too early to say anything at this point.”
He explained that while there was a 6-7 per cent increase in volume compared to last year in the first few days of the month which coincided with festivals, a large part of the demand is yet to hit the market.
The recent festivals witnessed some revival in demand across fast moving consumer goods (FMCG) and other segments, but the shadow of inventory pile-up remains.
Diese Geschichte stammt aus der October 17, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der October 17, 2024-Ausgabe von Business Standard.
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The Maverick Who Founded HBO
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Antarctica, North Pole: India's elderly take to extreme travels
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Auction of 11 critical mineral blocks called off
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Navi Mumbai Airport Set To Begin Commercial Ops In May 2025: AAHL
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Manmohan Singh's economic reforms of the 1990s
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Build debt fund portfolio diversified across duration
Take limited exposure to longer-duration funds in coming year
Rely on rolling returns, not point-to-point data
\"Financial planning experts often argue that equity markets outperform fixed deposits over the long term. However, I can demonstrate that a 10-year investment in fixed deposits has delivered higher returns than equity markets,\" declared my friend Mitesh.
Markets Will Likely Take Cue From the Budget
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Gold, silver ETFs: Alchemists spinning wealth in 2024
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