![Will Budget 2024 spur consumption?](https://images.assettype.com/fortuneindia%2F2024-07%2Fbdd7571c-720b-42cd-a5ea-30bf89567be8%2F020A2779.jpg?rect=0,596,5168,2584&w=300&q=95)
Will Budget 2024 spur consumption?
With demand dipping consistently for the past few quarters the economy needed a booster dose.
With demand dipping consistently for the past few quarters the economy needed a booster dose.
The Government’s commitment can be gauged from the significant financial outlay of ₹1.52 lakh crore for agriculture and allied activities.
HUL to sell its water purification business Pureit at an enterprise value of ₹601 crore as part of its strategy to focus on core categories.
The share price of Marico hit an all-time high of ₹666.85 on Friday, rebounding 37% from its 52-week low of ₹486.75 touched on March 19, 2024.
Healthcare, IT, Consumer Services have highest women representation in workforce. Overall women representation in Indian workforce an appalling 19%.
Marico says it witnessed an uptick in rural sentiment towards the end of the quarter.
The board of Dabur has proposed a dividend of ₹2.75 per share for FY24, aggregating to ₹487.31 crore.
The FMCG major's revenue grew 9% year-on-year at ₹5,268 crore during the quarter under review, as against ₹4,830 crore in the corresponding period of the previous year.
The FMCG major is optimistic about the mid-term impact of better monsoons, and improving macro-economic indicators.
Nestlé India says it has already reduced added sugars by up to 30% over the past 5 years depending on the variant.