Market News
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P&G India flags pressure on consumer demand, input costs
Procter and Gamble India sees rising costs and softening urban demand, with company executives saying inflation will impact consumer spending. However, despite near-term challenges, P&G maintains a positive long-term outlook for India.
Zee hits 48-week TV share high on Hindi, regional gains
Zee Entertainment Enterprises' television network reached an 18.6% market share in urban India. This marks a 48-week high. Gains were seen in Hindi channels and regional markets. Zee TV and Zee Cinema led the growth. Regional channels like Zee Marathi and Zee Bangla also performed strongly. Zee Telugu and Zee Tamil showed increased viewership.
India's unemployment rate hits around one year high
India's unemployment rate has hit around one year high. Ministry of Statistics & Programme Implementation stated today that the Labour Force Participation Rate (LFPR) for persons aged 15 years and above was reported as 54.4% in May, 2026, compared to 55.0% in April, 2026. In rural and urban areas, LFPR was recorded at 56.6% and 49.8%, respectively. The year-on-year comparison shows that the overall LFPR in May, 2026 declined by 0.4 percentage points. Rural and urban LFPR also registered a decline of 0.3 and 0.6 percentage points, respectively, over the same period.
Is Convenience Worth The Price? Rs 350 Urban Company Haircut Compared To Rs 60 Salon Visit Sparks Debate
After recently relocating to a new neighbourhood, the user described using Urban Company to book a haircut for about Rs 350.
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.
IMD Monsoon Forecast: Rain Alert In Delhi, Hyderabad, Kolkata
Yellow alerts have been sounded for major urban centres, including Delhi, Kolkata, and Hyderabad.
Vietnam’s Vingroup-backed Green SM to expand India’s office space presence with Urban Vault
Green SM, Vietnam's electric ride-hailing service, is expanding its Indian operations. The company has partnered with Urban Vault for flexible workspaces. Green SM has leased 500 seats in Gurugram and plans to take 1,000 more in Noida and other cities. This collaboration supports Green SM's launch and growth across India, aiming to promote sustainable urban mobility.
Prestige unveils convention centre in Bengaluru Airport City
Prestige Group, in partnership with Bengaluru Airport City (BACL), today announced a landmark integrated destination within Bengaluru Airport City that will bring together business, hospitality, culture, and experiences in one seamlessly connected ecosystem. Anchored by a state-of-the-art convention centre, the development marks a significant milestone in the evolution of Bengaluru Airport City as a vibrant urban destination.
Bakeri Urban Development Pvt reports consolidated net profit of Rs 0.86 crore in the March 2026 quarter
Sales reported at Rs 1.88 crore
Cabinet clears Rs 2,169 crore worth Ahmedabad Metro airport extension
The Union Cabinet has approved the Ahmedabad Metro Phase 2A project. This 6-km extension will connect Koteshwar Road to the Sardar Vallabhbhai Patel International Airport. The project aims to improve urban mobility and connectivity to key development hubs. It will feature four elevated and one underground station.
Vehicle retail sales jump 10% in May to 2.53 million units on rural demand
Vehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural areas, outpacing urban growth. Two-wheeler sales also climbed, supported by GST cuts and wedding season purchases. Electric vehicle adoption is increasing across segments. FADA anticipates continued demand, supported by monsoon progress and rural cash flows.
Urban Company bets on micro-market densification to grow 2x faster than industry
The company said the densification strategy is built around increasing the concentration of both customers and service professionals within small, neighbourhood-level clusters. The densification strategy is also central to InstaHelp, the company's on-demand household-help business.