Market News
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Consumer loans hit a record in Q1 amid steep rise in electronic goods prices
Consumer financing reached new highs in the June quarter. This surge was fueled by greater financing of electronics and rising prices. Banks and NBFCs saw significant growth in consumer durable loans. Financing now accounts for a larger share of smartphone sales. Extended financing tenures help keep monthly installments affordable for consumers.
Hurdles behind India's supertall buildings & vertical ambitions
India's urban growth is rapid, yet only one building crosses the 300-meter supertall mark. Fragmented regulations and infrastructure gaps hinder taller constructions. Developers face higher costs and extended timelines for supertall projects. While supertalls offer efficient land use, the focus remains on addressing affordable housing and essential urban services for the next two decades.
IKEA sets up India development centre in push beyond sourcing
IKEA has launched a new product development center in India. This move positions India as a key hub for designing home furnishings for both local and international markets. The company aims to develop affordable products relevant to Indian consumers. This expansion signifies IKEA's commitment to India's full value chain, from retail to manufacturing and now product innovation.
Timex bets on quick commerce and first-time buyers as India’s watch market shifts gears
Timex Group India targets the entry-level watch market under ₹10,000, reporting strong revenue and profit growth. Despite a shift to luxury watches, the company sees the largest opportunities in affordable segments, while adapting marketing strategies to attract younger consumers.
Tata bets on hatchback revival with new Tiago, expands affordable EV push
Tata Motors has launched the next-generation Tiago and Tiago.ev with upgraded features, aggressive pricing and a renewed focus on affordable EVs, as it seeks to revive interest in India’s hatchback market.
India’s realty boom may need Rs 50 lakh crore in fresh capital over next decade
India's real estate sector requires Rs 50 lakh crore capital for growth over the next decade. Data centres, logistics, industrial real estate, and GCC-led office developments will attract significant long-term investment. Despite challenges, strong domestic demand and infrastructure investments will drive growth. The focus is on channeling capital to affordable housing and emerging cities.
Gold demand may remain steady to modest this Gudi Padwa amid volatility, say experts
Gold demand during Gudi Padwa is expected to stay steady due to volatile prices and cautious consumer sentiment, with a shift towards affordable jewellery and natural diamonds.
HLL Lifecare to expand AMRIT Pharmacies to 550 outlets by 2027
HLL Lifecare will significantly expand its AMRIT pharmacy network across India. The number of outlets will more than double to over 550 by December 2027. This initiative aims to make life-saving medicines and implants more affordable and accessible. Special focus will be on underserved and remote regions. The expansion involves an investment of Rs 100 crore.
Superhealth bets honesty, light assets will power its out-patient-led hospital model
By decoupling real estate from care delivery, Superhealth Hospital hopes to offer affordable VIP care.
Up 2,900% in 6 years! Multibagger stock Titan Biotech trades ex-split in 1:5 ratio, jumps 20%
Multibagger stock: Titan Biotech shares surged 20% to ₹312 after a 1:5 stock split, enhancing liquidity and making shares more affordable for retail investors. The small-cap stock has delivered massive returns to its shareholders by maintaining a consistent winning run.