Consumer Goods | DD News

December 5, 2025 11:06 AM

Automobiles, electronics, manufacturing sectors to benefit from India-Russia trade ties

India sees promising avenues for collaboration with Russia in consumer goods, food and agriculture, pharmaceuticals and medical supplies, telecom and electronics, industrial components, and the mobility of skilled talent, according to the government. India-Russia trade has made remarkable strides, with volumes nearing $70 billion, yet immense potential remains untapped. As Russian President Vladimir Putin arrived in India on a high-profile visit, Commerce and Industry Minister Piyush Goyal sai...

September 3, 2025 11:17 PM

Government unveils next-generation GST reforms; daily essentials get cheaper

Finance Minister Nirmala Sitharaman on Wednesday announced a major reform in the Goods and Services Tax (GST) regime, consolidating the 12% and 18% tax slabs into a simplified dual-rate structure of 5% and 18%, with a higher 40% rate retained for sin goods. The move, described as “Next-Generation GST,” is aimed at boosting affordability, consumption, and economic efficiency while making compliance easier for businesses. At a press conference, the Finance Minister said the reforms have been...

August 14, 2025 12:08 PM

Rural demand remains robust in India in April-June, outlook optimistic: Report

Rural demand in India remained robust in April–June period, driven by easing inflation and a favourable monsoon, according to global research firm NielsenIQ. The report noted that rural consumption also outpaced urban demand. According to the report, rural markets and small manufacturers propelled the packaged consumer goods sector in Quarter 2 (Q2) 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. The report further hi...