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India's jute industry revenue may fall 5-6% this fiscal, Retail News, ET Retail - Vimarsana News

India's jute industry revenue may fall 5-6% this fiscal, Retail News, ET Retail

An analysis of jute companies rated by CRISIL Ratings, accounting for 30% of the sector’s revenue, indicates as much.Exports, which form a third of the sector’s revenue of Rs 12,000 crore, are seen 15% lower this fiscal, after falling 8% last fiscal as overseas channel partners continue to destock amid slowdown worries in the US and Europe (key markets accounting for over 60% of the total exports from India).

Consumer Goods: Nuclear families, urban rush to boost retail sales, ET Retail - Vimarsana News

Consumer Goods: Nuclear families, urban rush to boost retail sales, ET Retail

Consumer Goods: CEOs from leading FMCG companies told TOI they expect the emergence of nuclear families to boost demand for products and also push sales of premium categories like liquid detergents.

Confusing sugar wars: Defying West, India will go its own sweet way on aspartame, ET Retail - Vimarsana News

Confusing sugar wars: Defying West, India will go its own sweet way on aspartame, ET Retail

Aspartame Carcinogen: Reports say the World Health Organization is set to classify aspartame as a possible carcinogen. India's FSSAI, which initially banned a natural alternative sugar, stevia in 2011, reversed the order later and gave it its nod. It now says that India may not necessarily follow the West's path on aspartame, as India is currently in a 'powerful' situation.

India Manufacturing PMI: India's PMI manufacturing index softens to 57.8 in June from 58.7 in May, ET Retail - Vimarsana News

India Manufacturing PMI: India's PMI manufacturing index softens to 57.8 in June from 58.7 in May, ET Retail

India Manufacturing PMI: New orders and output rose sharply despite the sub-indexes easing moderately from May, driven by both domestic and international demand. The S&P Global Manufacturing Purchasing Managers' Index fell to 57.8 in June from May's 58.7. That marked two years of the index being above the 50-mark separating expansion from contraction.

Nykaa: With the most launches in a year, India is the newest darling of global beauty brands, ET Retail - Vimarsana News

Nykaa: With the most launches in a year, India is the newest darling of global beauty brands, ET Retail

Nykaa: India is experiencing a surge in global beauty brands targeting the country, thanks to its growing population of young people with increasing disposable income. As China's biggest beauty market is affected by economic headwinds, companies are beginning to turn their focus to India, which is projected to reach $17.4 bn in the beauty industry by 2025. Brands are embarking on a retail expansion push, and global funds are seeking opportunities to invest in beauty start-ups.