Consumer durables demand expected to inch up this summer; long-term outlook remains steady

By Avinash Pathak The initial prediction was of a strong summer with above-normal temperatures, which has been prevalent in many parts of India. And it has raised expectations among consumer durable makers of a pickup in sales of fans, A/Cs, refrigerators and air coolers. However, February and March have been slightly encouraging, with dealers starting […]

Primary market activity sees slowdown in January

Fund mobilisation by corporates in the primary market saw a dip in January amid the prevalent volatility, according to the Sebi Bulletin released on Tuesday. Funds mobilised via equity issuances stood atRs1,951 crore, compared toRs15,340 crore in December 2022. The month saw 12 IPOs, mobilising a total ofRs478 crore, of which 10 were SME/start-up listings […]

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