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- Maruti Suzuki Q2 net profit rises by over 3%
- #9: Super Mario Odyssey – Nintendo Switch [Digital Code]
- Xi Jinping orders Chinese army to be combat-ready
- How to invest in mutual funds after you retire
- #7: Mission: Impossible – Rogue Nation
- #8: Hindi Medium
- How to invest in mutual funds after you retire
- BBMP standing committees heads poll postponed to Nov 10
- #8: Gear Polyester 24 Ltrs Denim Grey Laptop Backpack (LBPECONO10412)
- #10: Hp Premium Laptop Backpack
- #10: Prismacolor Premier Colored Pencils, Soft Core, 72-Count
- Digital innovation in recruitments to be new normal: Report
- Digital innovation in recruitments to be new normal: Report
- #5: Sewing Kit,Over 100 JKtown Portable Basic Sewing Accessories, 24 Color Spools of Thread, Mini sew kits supplies for Beginners,Traveller,Emergency,Family starter to Mending and Repair
- #9: Keep The devil Off
- #10: WEIRD TALES 03/1940-HANNES BOK-H.P. LOVECRAFT-SEABURY QUINN-WELMAN-good/vg
- #8: Rockport Men’s Style Crew Bike Toe Oxford
- iPhone X pre-orders are open — but there’s already a wait
- #9: Confetti [Explicit]
- #10: Aux Cord [Explicit]
- Daily use items will burn a bigger hole in your pocket next year
- GST to fuel growth of grocery products incrementally: Euromonitor
- HDFC Bank gets green nod for Rs 194-cr Mohali project
- LafargeHolcim gives up 2.3% after South African deal talks, Q3 earnings
| Maruti Suzuki Q2 net profit rises by over 3% Posted: 27 Oct 2017 02:13 AM PDT
|
| #9: Super Mario Odyssey – Nintendo Switch [Digital Code] Posted: 27 Oct 2017 02:10 AM PDT  Super Mario Odyssey – Nintendo Switch [Digital Code] Buy new: $59.99 (Visit the Best Sellers in Video Games list for authoritative information on this product’s current rank.) |
| Xi Jinping orders Chinese army to be combat-ready Posted: 27 Oct 2017 02:06 AM PDT Chinese President Xi Jinping has begun his second five-year term ordering the country’s 2.3 million-strong military, the world’s largest, to be absolutely loyal to the ruling Communist Party and intensify its combat readiness by focussing on how to win wars. The once-in-a-five-year Congress of the Communist Party endorsed Xi’s leadership of the party, the military and the presidency this week and approved his ideology to be written into its Constitution, elevating him on par with modern China’s founder Chairman Mao Zedong and his successor Deng Xiaoping. Xi, 67, began his second tenure yesterday by holding a meeting of top military officials, regarded as a main source of power base. Xi, who heads the powerful Central Military Commission (CMC) the overall high command of Chinese military, is the only civilian leader in the body which is otherwise packed with top most officials of the armed forces. The new CMC line-up which was unveiled on Wednesday will be led by a group of seven, down from the 11 members who headed its operations before. Earlier reports said Xi, who consolidated his power in the last five years with a massive anti-corruption campaign in which over a million officials were punished wanted to shrink the Standing Committee of the party to five from seven. But apparently, he did not succeed as other groups in the party headed by former leaders pressed for status quo to include their nominees in the highest-ranking body bringing it a semblance of balance in power equations. In the last night s meeting of top military officials, some high-ranking officials were conspicuously absent, Hong- Kong based South China Morning Post reported. It appeared from the state-run CCTV report that two top generals, the former chief of general staff General Fang Fenghui and director of the political work department, General Zhang Yang were absent. Both Fang and Zhang were CMC members in Xi s first term, but they were left off the list of PLA delegates to this month s party Congress. Earlier the two Generals were taken away on the same day last month as part of a corruption investigation, the Post report said. Meeting top military officials, he ordered them to be absolutely loyal to the party, to focus on how to win in wars, to pioneer reforms and innovation, to scientifically manage commanding a unit, to lead troops in accordance with the strictest standards and to take the forefront in complying with laws and regulations. He also told the officers to strengthen party-building within the military and to continue to intensify combat-ready training and exercises, to keep carrying out reforms in the national defence system and the military, and to carefully consider strategic issues concerning the PLA’s future development, the official media here reported. Defence ministry spokesman Ren Guoqiang said yesterday that Xi’s plan to strengthen the military would be fully implemented and his authority would be upheld. Xi asked the PLA officers to learn and implement the spirit of the just-concluded 19th CPC National Congress by following the road of building a strong army with Chinese characteristics and promoting the modernisation of national defence and the army. “We should strive to fully transform the people’s armed forces into a world-class military by the mid-21st century,” Xi said. He said that during the past five years, the CMC has endeavoured to build an army that follows the command of the CPC, capable of winning battles and has a fine style of work, the state-run Xinhua news agency reported. During his previous tenure, Xi carried out widespread reforms of the military including reconfiguring the command structure, slashed three lakh troops from 2.3 million military, cut the size of the army to a million and made navy more powerful to push China’s influence abroad. Over 13,000 military personnel including top generals were punished in the anti-graft campaign. With over USD 141 billion-dollar annual budget, Chinese military is next only to the US in terms of defence spending. Xi also said the military should obey CPC’s absolute leadership over the armed forces, innovate military strategy, govern the army by law and promoting civil-military integration. Senior officers, as the backbone of the campaign to build a strong army, should be loyal and obedient to the party, be good and smart at combat and endeavour to reform, Xi said. Unlike other countries, the military in China functions under the party and not under the government. |
| How to invest in mutual funds after you retire Posted: 27 Oct 2017 01:41 AM PDT Many retired individuals are looking to invest in mutual funds these days. According to mutual fund companies and intermediaries, it is a testimony to the popularity of mutual funds. However, retirees should be a little careful and do their homework before getting into mutual funds. A little homework is a must even before approaching an investment expert or mutual fund advisor, as the risk tolerance is typically very low among retired folks. Here is a simple primer for retirees looking to invest in mutual funds.Looking for guaranteed returns? Most of these retired individuals are first-time investors in mutual funds. They are used to bank and company deposits which guarantee returns. Such individuals should note that mutual funds do not guarantee any returns. Mutual fund returns are entirely dependent on the performance of the investments made by them. So, if you are looking for guaranteed returns, do not invest in mutual funds. It is better to stick to your bank deposits. You should focus extra on this point if you do not have a regular pension from your employer, and looking to generate a regular income to take care of your living expenses. It is better to bank on avenues like Senior Citizen Savings Scheme or Monthly Income Scheme from post office to generate a primary income. These schemes are backed by the government and they offer guaranteed returns for a certain period. You can bank on mutual funds to generate extra income for your discretionary expenses. This means individuals with regular pension from employer can go ahead with their investments just like any other investors. However, even they should proceed only if they are ready to take risk.Risky, did you say? Did we spook you? Okay, every mutual fund has some element of risk in it. But the degree of risk varies. For example, some debt schemes have a very small element of risk in them. However, some equity schemes can be extremely risky. They can also get extremely volatile at times. You can overcome this issue to a certain extent if you choose your investments based on your goals, horizon and risk profile. You should also stick to your investment objective irrespective of the market conditions. As a rule, you should stick to safer avenues to meet your short-term goals because you cannot recover any losses when you have a very little time in hand. Debt funds have relatively less risk. Still, it is essential to choose a debt scheme based on your investment horizon. It will help you to bring down the risk to a great extent. For more, read: Know your debt mutual fund schemes betterYou should choose equity schemes only if you have a long investment horizon. A long horizon would help you to weather volatility and risk associated with stocks. When you have time in hand, you can hold on to your investments to recoup your losses. Also, power of compounding would help you to amass wealth over a long period.For more, read: Get to know your equity mutual funds betterA few quick-fix solutionsMany retired folks are not comfortable with a lot of exposure to equity. However, they still want extra returns. Such folks should take a look at debt-oriented hybrid schemes. These schemes invest in a mix of debt and equity. They invest mostly in debt instruments, but take a small exposure to equity to enhance returns. However, the equity component changes with scheme to scheme. Choose a scheme based on your risk tolerance level. If you want to avoid too much equity, opt for a scheme with a small equity exposure. Many retirees are lapping up balanced schemes or equity-oriented hybrid schemes these days. These schemes invest in a mix of equity (minimum 65 per cent) and debt. They are relatively less volatile than pure equity schemes that invest the entire corpus in stocks. However, they are not risk free, as some advisors claim these days. A scheme that invests 65 per cent of the corpus in equity cannot be entirely risk-free. You should invest in these schemes with a minimum five years in mind. Many retirees are investing in balanced schemes with the intention of drawing regular dividends. However, such individuals should keep in mind that though some of these schemes have excellent record of declaring dividends, they cannot take it for granted. Mutual fund schemes will declare dividends only if they are making profits. Otherwise, they would skip dividends. If you have a pension or you have made provisions to take care of your living expenses, you can even invest in pure equity schemes like largecap schemes and multicap schemes to create wealth. However, invest with a firm plan. Do not get swayed by the market volatility. Stick to your long-term plan to create wealth. Looking for a mutual fund portfolio to invest through SIPs? Here are our recommended equity mutual fund SIP portfolios. (Read: Best mutual funds to invest in 2017) |
| #7: Mission: Impossible – Rogue Nation Posted: 27 Oct 2017 01:37 AM PDT  Mission: Impossible – Rogue Nation Buy: (Visit the Bestsellers in Movies & TV Shows list for authoritative information on this product’s current rank.) |
| Posted: 27 Oct 2017 01:37 AM PDT  Hindi Medium Buy: (Visit the Bestsellers in Movies & TV Shows list for authoritative information on this product’s current rank.) |
| How to invest in mutual funds after you retire Posted: 27 Oct 2017 01:37 AM PDT Many retired individuals are looking to invest in mutual funds these days. According to mutual fund companies and intermediaries, it is a testimony to the popularity of mutual funds. However, retirees should be a little careful and do their homework before getting into mutual funds. A little homework is a must even before approaching an investment expert or mutual fund advisor, as the risk tolerance is typically very low among retired folks. Here is a simple primer for retirees looking to invest in mutual funds.Looking for guaranteed returns? Most of these retired individuals are first-time investors in mutual funds. They are used to bank and company deposits which guarantee returns. Such individuals should note that mutual funds do not guarantee any returns. Mutual fund returns are entirely dependent on the performance of the investments made by them. So, if you are looking for guaranteed returns, do not invest in mutual funds. It is better to stick to your bank deposits. You should focus extra on this point if you do not have a regular pension from your employer, and looking to generate a regular income to take care of your living expenses. It is better to bank on avenues like Senior Citizen Savings Scheme or Monthly Income Scheme from post office to generate a primary income. These schemes are backed by the government and they offer guaranteed returns for a certain period. You can bank on mutual funds to generate extra income for your discretionary expenses. This means individuals with regular pension from employer can go ahead with their investments just like any other investors. However, even they should proceed only if they are ready to take risk.Risky, did you say? Did we spook you? Okay, every mutual fund has some element of risk in it. But the degree of risk varies. For example, some debt schemes have a very small element of risk in them. However, some equity schemes can be extremely risky. They can also get extremely volatile at times. You can overcome this issue to a certain extent if you choose your investments based on your goals, horizon and risk profile. You should also stick to your investment objective irrespective of the market conditions. As a rule, you should stick to safer avenues to meet your short-term goals because you cannot recover any losses when you have a very little time in hand. Debt funds have relatively less risk. Still, it is essential to choose a debt scheme based on your investment horizon. It will help you to bring down the risk to a great extent. For more, read: Know your debt mutual fund schemes betterYou should choose equity schemes only if you have a long investment horizon. A long horizon would help you to weather volatility and risk associated with stocks. When you have time in hand, you can hold on to your investments to recoup your losses. Also, power of compounding would help you to amass wealth over a long period.For more, read: Get to know your equity mutual funds betterA few quick-fix solutionsMany retired folks are not comfortable with a lot of exposure to equity. However, they still want extra returns. Such folks should take a look at debt-oriented hybrid schemes. These schemes invest in a mix of debt and equity. They invest mostly in debt instruments, but take a small exposure to equity to enhance returns. However, the equity component changes with scheme to scheme. Choose a scheme based on your risk tolerance level. If you want to avoid too much equity, opt for a scheme with a small equity exposure. Many retirees are lapping up balanced schemes or equity-oriented hybrid schemes these days. These schemes invest in a mix of equity (minimum 65 per cent) and debt. They are relatively less volatile than pure equity schemes that invest the entire corpus in stocks. However, they are not risk free, as some advisors claim these days. A scheme that invests 65 per cent of the corpus in equity cannot be entirely risk-free. You should invest in these schemes with a minimum five years in mind. Many retirees are investing in balanced schemes with the intention of drawing regular dividends. However, such individuals should keep in mind that though some of these schemes have excellent record of declaring dividends, they cannot take it for granted. Mutual fund schemes will declare dividends only if they are making profits. Otherwise, they would skip dividends. If you have a pension or you have made provisions to take care of your living expenses, you can even invest in pure equity schemes like largecap schemes and multicap schemes to create wealth. However, invest with a firm plan. Do not get swayed by the market volatility. Stick to your long-term plan to create wealth. Looking for a mutual fund portfolio to invest through SIPs? Here are our recommended equity mutual fund SIP portfolios. (Read: Best mutual funds to invest in 2017) |
| BBMP standing committees heads poll postponed to Nov 10 Posted: 27 Oct 2017 01:32 AM PDT Bengaluru, DHNS: The election to the posts of chairman of BBMP standing committees has been postponed to November 10. The decision was taken by Regional Commissioner Jayanthi after no nominations were received on Friday. The new date to file nominations is November 9. A day earlier, senior Congress leaders had appealed to the regional commissioner to postpone the elections. Source: DH |
| #8: Gear Polyester 24 Ltrs Denim Grey Laptop Backpack (LBPECONO10412) Posted: 27 Oct 2017 01:31 AM PDT  Gear Polyester 24 Ltrs Denim Grey Laptop Backpack (LBPECONO10412) Buy: (Visit the Bestsellers in Bags, Wallets and Luggage list for authoritative information on this product’s current rank.) |
| #10: Hp Premium Laptop Backpack Posted: 27 Oct 2017 01:31 AM PDT  Hp Premium Laptop Backpack Buy: 589.00 (Visit the Bestsellers in Bags, Wallets and Luggage list for authoritative information on this product’s current rank.) |
| #10: Prismacolor Premier Colored Pencils, Soft Core, 72-Count Posted: 27 Oct 2017 01:17 AM PDT  Prismacolor Premier Colored Pencils, Soft Core, 72-Count Buy new: $24.00 (Visit the Best Sellers in Office Products list for authoritative information on this product’s current rank.) |
| Digital innovation in recruitments to be new normal: Report Posted: 27 Oct 2017 01:12 AM PDT Organisations worldwide are increasingly going in for recruiting automation and adoption of chatbots, and live digital interviews will gain further momentum in next few years, says a report. According to a global survey by KellyOCG, about 55 per cent of respondents comprising 522 companies across the globe (including India), believe that digital innovation for recruitments is going to be the new normal. “While employers are grappling with talent shortage, there are more passive job seekers than ever before. This situation is driving organisations to adopt digital processes,” KellyOCG India, Country Director, Francis Padamadan said. Padamadan further said while many organisations are in the early stages of recruiting automation, some are already on the cutting edge and such vanguard organisations or innovators experience fewer hiring challenges than organisations with more traditional approaches. Globally, employers are using technologies like Applicant Tracking System (ATS) to gather applications electronically, Candidate Relationship Management (CRM) system to enhance candidate experience, Artificial Intelligence (AI) and backend automation. Further, as one-thirds of job seekers worldwide have searched for a job through their mobile devices, mobile-based ATS is also becoming an essential technology for companies, the report said adding one in five organisations intends using AI and automation in the next two years. As per the report, chatbots are playing a major role in tactical work like recruiting concierge, bot-run interview prep class, talent community management and responses to candidates. Another technology which has found large-scale adoption is live digital interviewing. Forty six per cent of those surveyed say they will use live digital interviewing in the next few years. “Candidates are becoming like consumers and employers are aware that candidate relationship management will differentiate their employer brand in the market. Hence, they have bought into automation and those who have deployed digital processes are experiencing positive outcomes. Full automation will be the way ahead,” Padamadan said. |
| Digital innovation in recruitments to be new normal: Report Posted: 27 Oct 2017 01:12 AM PDT Organisations worldwide are increasingly going in for recruiting automation and adoption of chatbots, and live digital interviews will gain further momentum in next few years, says a report. According to a global survey by KellyOCG, about 55 per cent of respondents comprising 522 companies across the globe (including India), believe that digital innovation for recruitments is going to be the new normal. “While employers are grappling with talent shortage, there are more passive job seekers than ever before. This situation is driving organisations to adopt digital processes,” KellyOCG India, Country Director, Francis Padamadan said. Padamadan further said while many organisations are in the early stages of recruiting automation, some are already on the cutting edge and such vanguard organisations or innovators experience fewer hiring challenges than organisations with more traditional approaches. Globally, employers are using technologies like Applicant Tracking System (ATS) to gather applications electronically, Candidate Relationship Management (CRM) system to enhance candidate experience, Artificial Intelligence (AI) and backend automation. Further, as one-thirds of job seekers worldwide have searched for a job through their mobile devices, mobile-based ATS is also becoming an essential technology for companies, the report said adding one in five organisations intends using AI and automation in the next two years. As per the report, chatbots are playing a major role in tactical work like recruiting concierge, bot-run interview prep class, talent community management and responses to candidates. Another technology which has found large-scale adoption is live digital interviewing. Forty six per cent of those surveyed say they will use live digital interviewing in the next few years. “Candidates are becoming like consumers and employers are aware that candidate relationship management will differentiate their employer brand in the market. Hence, they have bought into automation and those who have deployed digital processes are experiencing positive outcomes. Full automation will be the way ahead,” Padamadan said. |
| Posted: 27 Oct 2017 01:08 AM PDT  Sewing Kit,Over 100 JKtown Portable Basic Sewing Accessories, 24 Color Spools of Thread, Mini sew kits supplies for Beginners,Traveller,Emergency,Family starter to Mending and Repair Buy new: (Visit the Best Sellers in Arts, Crafts & Sewing list for authoritative information on this product’s current rank.) |
| Posted: 27 Oct 2017 01:08 AM PDT  Keep The devil Off Download: $1.29 (Visit the Best Sellers in Songs list for authoritative information on this product’s current rank.) |
| #10: WEIRD TALES 03/1940-HANNES BOK-H.P. LOVECRAFT-SEABURY QUINN-WELMAN-good/vg Posted: 27 Oct 2017 01:07 AM PDT  WEIRD TALES 03/1940-HANNES BOK-H.P. LOVECRAFT-SEABURY QUINN-WELMAN-good/vg (Visit the Best Sellers in Entertainment Collectibles list for authoritative information on this product’s current rank.) |
| #8: Rockport Men’s Style Crew Bike Toe Oxford Posted: 27 Oct 2017 01:06 AM PDT  Rockport Men’s Style Crew Bike Toe Oxford Buy new: $110.00 (Visit the Best Sellers in Clothing, Shoes & Jewelry list for authoritative information on this product’s current rank.) |
| iPhone X pre-orders are open — but there’s already a wait Posted: 27 Oct 2017 12:57 AM PDT
Source: engadget |
| Posted: 27 Oct 2017 12:48 AM PDT Confetti [Explicit] Download: $1.29 (Visit the Best Sellers in Songs list for authoritative information on this product’s current rank.) |
| Posted: 27 Oct 2017 12:48 AM PDT Aux Cord [Explicit] Download: $1.29 (Visit the Best Sellers in Songs list for authoritative information on this product’s current rank.) |
| Daily use items will burn a bigger hole in your pocket next year Posted: 27 Oct 2017 12:46 AM PDT Daily-use products including soap, tooth paste, instant noodles and edible oil, among others could see a 2-5% increase in demand over the next 12 months, according to a report by global research and analytics firm Euromonitor, as lower levies on these items under GST is seen fuelling consumption and helping brands widen their product portfolio. On the other hand, the report, which was shared with ET, says people will be less willing to spend on biscuits and personal care products like shampoos as they now attract higher tax under goods and services tax (GST). "Over the long run, implementation of the GST would benefit the organised players, from a simpler taxation system and uniform tax rates across the country, and would help achieve higher efficiencies in the supply chain," said Euromonitor International senior research analyst Shreyansh Kocheri. "Increasing penetration of the organised retail sector due to GST would also help players counter threat from the vast unorganised market in the country." In the packaged foods segment, consumption of noodles is expected to increase to 25.3% from 23.8% with GST rates being rationalised, the Euromonitor report states. Gautam Sharma, managing director of instant noodles maker Indo Nissin said, "Savings on account of taxation are being reinvested for category expansion, with spends on promotions and advertising increasing. However, consumer prices have not changed because the decrease in taxes has been marginal." Another large, staples category where volume growth is forecast to increase is edible oils—from pre-GST levels of 14.6% to 15.6% growth in 2018, on account of decrease in tax rates. However, large industry players expressed caution about category growth. "We expect business as usual for the category. Increase in consumption will largely be on account of a consumer shift from the unorganised to organised segment, and secular growth," said Siraj Chaudhry, chairman of Cargill India, maker of NatureFresh and Sweekar edible oils. He said as far as consumer prices are concerned, the category is impacted directly by global market prices and currency fluctuation. According to the report, in the dairy category, there will be a decrease in volume growth of butter, moving down from the pre-GST level of 5.7% to 5.1%. Similarly, volume growth in cheese is expected to drop from the pre-GST level of 11.3% to 9.8%. Milk powder volume consumption could pick up marginally from 1.2% in the pre-GST period to 1.4% growth in 2018, the report says. Volume growth in the biscuits segment, one of the largest categories in packaged foods, however, is forecast to decline from pre-GST 0.9% growth to 0.1% on account of the substantial change in tax. Euromonitor's report says most large segments in the personal care products category are expected to grow. Oral care products such as tooth pastes—classified as necessity products under GST—will see a step up in consumption by an additional 1.6 million litres in 2018, it says. Consumer goods giant Hindustan Unilever, which reported growth across segments on Wednesday in its quarterly earnings, said the home care (which includes detergents) segment showed revenue growth of 13% while revenue from personal care items (including soaps and skincare products) went up by 8%. "I believe by the end of December, there should be a near-normalcy and there would be some element of channel reset because modern trade is growing much faster," chief executive officer Sanjiv Mehta, had told reporters after the results announcement. Euromonitor forecasts that retail volume growth of bar soaps and tooth paste too will increase by end of 2018. Volume growth in tooth paste, for instance, will increase from 2% to 2.88%. Deodorants and shampoos, on the other hand, will see volume growth dropping on account of increase in tax rates. Standard shampoos, too, for example, will see a decline in volume growth, from pre-GST 1.9% to 1%. "Pricier alternatives to necessity products and discretionary products such as body washes, shower gels, moisturisers, deodorants and colourants, which are generally consumed by urban consumers have higher price sensitivity, will be impacted by even marginal price hikes due to higher taxes under GST," the report says. According to the report, GST will create a unified national market of 1.3 billion consumers, and in cases of price increase due to GST, mass consumers are most likely to downgrade or switch to substitute products, including unpackaged items. |
| GST to fuel growth of grocery products incrementally: Euromonitor Posted: 27 Oct 2017 12:46 AM PDT Daily-use products including soap, tooth paste, instant noodles and edible oil, among others could see a 2-5% increase in demand over the next 12 months, according to a report by global research and analytics firm Euromonitor, as lower levies on these items under GST is seen fuelling consumption and helping brands widen their product portfolio. On the other hand, the report, which was shared with ET, says people will be less willing to spend on biscuits and personal care products like shampoos as they now attract higher tax under goods and services tax (GST). "Over the long run, implementation of the GST would benefit the organised players, from a simpler taxation system and uniform tax rates across the country, and would help achieve higher efficiencies in the supply chain," said Euromonitor International senior research analyst Shreyansh Kocheri. "Increasing penetration of the organised retail sector due to GST would also help players counter threat from the vast unorganised market in the country." In the packaged foods segment, consumption of noodles is expected to increase to 25.3% from 23.8% with GST rates being rationalised, the Euromonitor report states. Gautam Sharma, managing director of instant noodles maker Indo Nissin said, "Savings on account of taxation are being reinvested for category expansion, with spends on promotions and advertising increasing. However, consumer prices have not changed because the decrease in taxes has been marginal." Another large, staples category where volume growth is forecast to increase is edible oils—from pre-GST levels of 14.6% to 15.6% growth in 2018, on account of decrease in tax rates. However, large industry players expressed caution about category growth. "We expect business as usual for the category. Increase in consumption will largely be on account of a consumer shift from the unorganised to organised segment, and secular growth," said Siraj Chaudhry, chairman of Cargill India, maker of NatureFresh and Sweekar edible oils. He said as far as consumer prices are concerned, the category is impacted directly by global market prices and currency fluctuation. According to the report, in the dairy category, there will be a decrease in volume growth of butter, moving down from the pre-GST level of 5.7% to 5.1%. Similarly, volume growth in cheese is expected to drop from the pre-GST level of 11.3% to 9.8%. Milk powder volume consumption could pick up marginally from 1.2% in the pre-GST period to 1.4% growth in 2018, the report says. Volume growth in the biscuits segment, one of the largest categories in packaged foods, however, is forecast to decline from pre-GST 0.9% growth to 0.1% on account of the substantial change in tax. Euromonitor's report says most large segments in the personal care products category are expected to grow. Oral care products such as tooth pastes—classified as necessity products under GST—will see a step up in consumption by an additional 1.6 million litres in 2018, it says. Consumer goods giant Hindustan Unilever, which reported growth across segments on Wednesday in its quarterly earnings, said the home care (which includes detergents) segment showed revenue growth of 13% while revenue from personal care items (including soaps and skincare products) went up by 8%. "I believe by the end of December, there should be a near-normalcy and there would be some element of channel reset because modern trade is growing much faster," chief executive officer Sanjiv Mehta, had told reporters after the results announcement. Euromonitor forecasts that retail volume growth of bar soaps and tooth paste too will increase by end of 2018. Volume growth in tooth paste, for instance, will increase from 2% to 2.88%. Deodorants and shampoos, on the other hand, will see volume growth dropping on account of increase in tax rates. Standard shampoos, too, for example, will see a decline in volume growth, from pre-GST 1.9% to 1%. "Pricier alternatives to necessity products and discretionary products such as body washes, shower gels, moisturisers, deodorants and colourants, which are generally consumed by urban consumers have higher price sensitivity, will be impacted by even marginal price hikes due to higher taxes under GST," the report says. According to the report, GST will create a unified national market of 1.3 billion consumers, and in cases of price increase due to GST, mass consumers are most likely to downgrade or switch to substitute products, including unpackaged items. |
| HDFC Bank gets green nod for Rs 194-cr Mohali project Posted: 27 Oct 2017 12:46 AM PDT NEW DELHI: Private sector lender HDFC Bank has been given green signal for setting up of a call centre cum residential training centre in Mohali district, Punjab at a cost of Rs 194 crore, a government official said today. The proposed commercial project, to come up in a build up area of 38,406.27 square meter in SAS Nagar in Mohali, is expected to provide direct and indirect jobs in the area. “The Union Environment Ministry has given the environment clearance to HDFC Bank’s proposal to set up a call centre and residential training centre in Mohali,” the official said. The proposed project has been cleared with certain conditions like obtaining clearances from relevant agencies including town planning authority, before commencement of the work. Already, the Greater Mohali Area Development Authority (GMADA) has allotted the land for the proposed project, which is estimated to cost Rs 194 crore, the official added. There is no court case pending against the proposed project, which will not only create job opportunities but also lead to infrastructural development of the area. Shares of HDFC Bank were trading down by 0.57 per cent at Rs 1,787.80 a piece during afternoon trade on BSE. |
| LafargeHolcim gives up 2.3% after South African deal talks, Q3 earnings Posted: 27 Oct 2017 12:42 AM PDT This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.    
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Apple reopened the online store this morning at 3 AM (or maybe a minute later) to sell its new iPhone X, and whether or not supply chain rumors are true, it's already becoming tough to get. Within 30 minutes, orders promising to arrive on launch day…
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