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Page 57 - Fmcg News Today : Breaking News, Live Updates & Top Stories | Vimarsana

hiring: India Inc makes a gig shift in hiring - The Economic Times

The number of freelance projects on gig platform Flexing It rose 25% in the January-June period from a year earlier. The data was shared exclusively by Flexing It with ET. A separate survey done exclusively for ET by executive search firm Ciel HR Services at 400 large, medium and small companies across sectors showed that the adoption of gig workers rose to 55% of organisations in the June quarter from 30% in the same period a year ago.

hul results: Operating environment remains volatile, seeing high levels of cumulative inflation, says HUL in Q1 report

Although inflation is softening on a YoY basis, still seeing high levels of cumulative inflation, said FMCG major Hindustan Unilever after reporting its Q1 numbers. "FMCG markets are recovering gradually although the operating environment remains challenging. In the near-term, FMCG industry will continue to witness rebalancing of price-volume growth equation and a gradual recovery in consumer demand," said Rohit Jawa, MD & CEO of HUL.

banking: 3 themes Devang Mehta is bullish on for near term

This is good time for FMCG as well as discretionary consumption to sort of come back as the entire market is now rallying and it is on a broad-based rally rather than extremely narrow or polarised rally unlike 2018-19.

Chart of the Day | In Asia, India outranks China on sales growth but is still not numero uno

India’s urban FMCG market growth was nearly triple that of Asia’s average in Q1 2023

FMCG demand trends stable in Q1, cos may report better margins

Overall consumer demand and sentiments improved during Q1 as rural demand for staples rose, albeit on a low base supported by price cuts and grammage increases, while urban demand remained steady, analysts at Prabhudas Lilladher said in a 6 July report.

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