Consumer durables

With a 'fairly profitable' year of 2016, the consumer durable industry is looking forward to maintaining the momentum by cashing in on GST, likely to be rolled out in 2017, and overcome the short-term issues thrown up by demonetisation. According...

Consumer electronics manufacturers’ association has urged the government to bring refrigerators, washing machines and other electronics of daily use in the 18 per cent slab rate under the goods and services tax (GST) regime, as opposed to the 28...

The recently proposed 4 slabs GST structure may hit the common man as it is likely to result in higher taxes on various items including kitchen staples such as edible oils, spices and chicken, as per a PTI report. However,...

The Goods and Services Tax (GST) Council, at the end of Day One of its meeting on Tuesday, decided on the issue of compensation for states, Finance Minister Arun Jaitley told reporters. "One main issue in today's (Tuesday) agenda was...

According to new data released by the National Sample Survey Office (NSSO), vehicles accounted for the highest share of the amount Indian households spent on consumer durables in 2014-15. The study named, 'Key Indicators of Household Expenditure on Services and...

At a time when big-ticket retailers are scrambling to grab a share of the online pie, and rolling out robust Omnichannel strategies, homegrown handset maker Intex Technologies went back to the basics and decided to strengthen its distribution network with offline branded...

FMCG major Godrej Consumer Products Ltd (GCPL) is eyeing an inorgranic growth in Indonesia via acquisitions strategy. The company has also shared 'a wish list of assets' with various investment bankers for the same. GCPL had already acquired Indonesian household product major...