India’s benchmark stock market indices slumped to a four-month low on Thursday as the risk-off sentiment aggravated after the US Treasury yields rebounded Wednesday, reflecting concerns that interest rates might stay high for long.
India’s rising preference for healthy foods is showing up in its imports, with a surge in inbound shipments of avocado, dry fruits, buckwheat and olives, even as those of ice-creams, cakes and confectionery, and salad dressings decline.
Titan Company Limited is all set to launch an invite-only retail store which will sell luxury jewelry with a minimum ticket size of ₹10 lakh. The move comes as India’s consumer companies rush to premiumise to tap into the strong demand at the higher end of the consumer discretionary market.
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