Summer rain: Good for rural sales, hurts urban market; ‘early’ monsoon hits ice cream, soft drink demand in cities where FMCG companies tackle slowdown

MUMBAI: A contrasting tale may be playing out in the FMCG space. While the arrival of early monsoons is expected to boost consumption of soaps, shampoos, packaged food, and other household staples in rural areas, which have already been growing faster than urban areas for the past five quarters, summer sales of companies are likely…

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‘He has that sparkle for captaincy’: Ricky Ponting hails Shreyas Iyer as Punjab Kings secure top-two finish | Cricket News

Punjab Kings head coach Ricky Ponting (IPL Photo) NEW DELHI: After Punjab Kings clinched a top-two finish in the Indian Premier League standings for the first time in 11 years, head coach Ricky Ponting was full of admiration for skipper Shreyas Iyer, crediting him for the team’s remarkable turnaround and calling him “a man with…

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Drools turns unicorn after Nestle’s bet

MUMBAI: Swiss consumer goods giant Nestle has picked up a minority stake in the Indian pet food startup Drools. The Bengaluru-based company did not disclose the specifics of the deal but said it was valued at $1 billion post-investment, joining the ranks of unicorn startups. “This is a financial investment by the company, and Drools…

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7 walking styles to lose belly fat

What is it? Brisk walking means walking faster than your normal pace, but not so fast that you can’t talk, but can’t sing either. How to do it: Walk at a pace where your heart beats faster and you breathe a little harder. Swing your arms naturally. Keep your back straight and look ahead. Why…

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GTRI: US talks of trade deficit, but has surplus from India

NEW DELHI: While American President Donald Trump’s focus is on the $45 billion trade deficit with India, a paper released Monday estimated that the US “quietly rakes in” $80-85 billion from India through education, digital services, financial operations, royalty on intellectual property, and defence exports.“These massive earnings don’t show up in the narrow goods trade…

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