Latest Consumer Durables News & Updates

Mumbai, March 10 (IANS) The Indian equity markets made notable gains in the early trade on Tuesday after US President Donald Trump indicated that war with Iran may be approaching an end.As of 9.29 am, Sensex added 413 points, or 0.53 per cent, to reach 77,979 and Nifty gained 112 points, or 0.47 per cent to reach 24,140.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 gained 1.05 per cent, and the Nifty Smallcap 100 added 1.32 per cent.All sectoral ind…

Mumbai, March 3 (IANS) The Bombay Stock Exchange and the National Stock Exchange will remain closed on Tuesday on account of the Holi festival.Trading in equities, equity derivatives, securities lending and borrowing and interest rate derivatives will be suspended for the day, exchanges said on Tuesday. Commodity derivatives will be closed in the morning and open for the evening session.On Monday, Sensex lost 1,048 points, or 1.29 per cent, to reach 80,238 and Nifty dropped 312 points, or 1.24 p…

New Delhi, March 2 (IANS) The Index of Industrial Production (IIP) recorded a 4.8 per cent year-on-year growth in January, supported by 4.8 per cent growth in manufacturing sector and 5.1 per cent growth in electricity sector, the Ministry of Statistics and Programme Implementation said on Monday.The Quick Estimates of IIP stands at 169.4 against 161.6 in January 2025. The Indices of Industrial Production for the mining, manufacturing and electricity sectors for the month of January 2026 stood a…

Mumbai, Feb 27 (IANS) Gen X (people born between 1965 and 1980) are expected to consume over $500 billion worth of goods and services by FY30, making the cohort “a disproportionately valuable driver of durable premium growth,” a report said on Friday.The report from market research firm RedSeer said the consumption growth will be supported by a steady rise in per-capita consumption.Preventive healthcare spending by Gen X is projected to scale to $73 billion by FY30 at a 17 per cent compound annu…

New Delhi, Feb 24 (IANS) India’s retail lending portfolio grew to Rs 162.7 lakh crore in Q3 FY26, up 18.1 per cent year‑on‑year, with 690 million active loan accounts and improved asset quality, a report said on Tuesday.The report from Credit bureau CRIF High Mark said Portfolio at Risk (PAR) with repayments overdue by 31 to 180 days declined to 3.1 per cent from 3.6 per cent a year earlier. Quarterly originations rose 41 per cent YoY to Rs 25.3 lakh crore, the report said.Gold loan origin…

New Delhi, Feb 23 (IANS) India Inc.’s earnings momentum remained resilient in Q3 FY26, with small‑cap companies posting the strongest growth, a report said on Monday.The report from Equirus Securities said small caps delivered a robust 22 per cent year‑on‑year earnings surge, outpacing mid‑caps at 15 per cent and large caps at 14 per cent, signalling a broadening of the corporate earnings recovery.Revenue grew 10 per cent YoY, while EBITDA and PAT rose 14 per cent and 15 per cent respe…

Mumbai, Feb 10 (IANS) The Reserve Bank of India has decided to raise the aggregate ceiling for unsecured loans given by urban co-operative banks to 20 per cent of total advances, from the existing limit of 10 per cent of total assets in the revised draft norms released on Tuesday. The limits for individual unsecured advances within the aggregate ceiling of unsecured advances have been fixed at Rs 5 lakh for Tier 1, Rs 7.5 lakh for Tier 2, and Rs 10 lakh for Tier 3 and Tier 4 urban co-operative b…

New Delhi, Feb 10 (IANS) The Nifty Midcap 150, despite a one‑month decline of 3.53 per cent in January, emerged as a top gainer on annual basis, delivering one‑year returns of 8.26 per cent, a report said on Tuesday.The report from Motilal Oswal Mutual Fund said the index delivered returns of -2.52 per cent and 0.61 per cent over the last three months and six months respectively.Commodities were the only positive contributor to the Nifty 500 in January, the report further said. Among sectors…

Mumbai, Feb 3 (IANS) Indian stock markets witnessed a strong rally on Tuesday as investors cheered the finalisation of the long-awaited India–US trade deal.Both benchmark indices, the Sensex and the Nifty, posted sharp gains — reflecting positive sentiment across Dalal Street.By the end of the trading session, the Sensex jumped 2,072.67 points, or 2.54 per cent, to close at 83,739.13.Meanwhile, the Nifty climbed 639.15 points, or 2.55 per cent, to settle at 25,727.55.“The key support zone r…

Mumbai, Jan 30 (IANS) The Indian equity markets posted losses on Friday, amid profit booking due to caution ahead of the Union Budget 2026 on February 1 and weakness in metal stocks.At the closing bell, Sensex lost 269 points, or 0.36 per cent, to settle at 82,269. Nifty declined 98 points, or 0.39 per cent, to close at 25,320.The broader markets showed divergence, with the benchmark indices as Nifty Midcap 100 index lost only 0.17 per cent, while the NSE Smallcap 100 added 0.32 per cent.On the …