HUL: "We expect FMCG demand to continue improving gradually. Forecast of above-normal monsoons and improving macroeconomic indicators augur well. We expect price growth to be a low single-digit decline in the first half of FY24," said Tiwari during earning call.
Rhoda Lamusi had been receiving social cash transfers until authorities decided that she was no longer eligible for the monthly payouts to the poorest of the poor. Machinga District Social Welfare Office struck her name off the list of suitable recipients, meaning she was well-off and had better left the social protection initiative to households
Tarun Garg pointed to the significant contribution from rural markets for Hyundai s SUVs like Exter, Venue, and Creta, noting a gradual shift in rural customers preferences towards modern and larger SUVs.
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Industry estimates show domestic two-wheeler sales rose about 13% to 18.4-18.5 million units in FY24. Petrol-powered models comprised more than 95% of the total sales at about 17.5 million units.