NFO Alert: Zerodha Gold ETF FoF is open for subscription. Key things to know

Updated timeline of income tax notices released by income tax department; Know why and when you may get a tax notice

Income Tax Notice: The Income Tax Department has specified when, how and why can you get an income tax notice. A chart has been released by the tax department specifying some of the important sections and time limits about when such a notice can be sent. Read below to find out what the income tax department has said about sending tax notices.

Diwali performance: Sectoral mutual funds deliver up to 64% returns, defence leads

Since last Diwali (November 2023), sectoral and thematic mutual funds have delivered returns of up to 64%. A total of 199 such funds were considered in this period.

Paisabazaar, PNB festive offers for select credit cards: Offers on hotel and flight booking, dining and gift vouchers

Mudra loan limit doubled to Rs 20 lakh in line with Budget announcement

The Indian government has increased the loan limit under the Pradhan Mantri Mudra Yojana from Rs 10 lakh to Rs 20 lakh. The new category, Tarun Plus, is for entrepreneurs who have successfully repaid previous loans, aiming to support their growth and expansion within a robust entrepreneurial ecosystem.

Komaki launches CAT 3.0 NXT electric fleet starting from Rs. 1,20,000

Komaki has launched the Cat 3.0 NXT with two battery options, Graphene and LIPO4, priced at Rs. 1,19,999 and 1,49,999. Aimed at last-mile delivery operators, it offers a range of 180+ to 200+ km. The vehicle comes with features like parking assist, cruise control, and special brakes, offering flexibility for goods and passenger transport.

Bank locker, FD, savings account: Which accounts are nominations mandatory?

Reliance to move Dubai crude team back to India in global trade rejig, sources say

India's Reliance Industries Ltd is moving most of its Dubai crude oil trading team back to Mumbai due to securing long-term oil supplies from Russia and the Middle East, reducing the need for spot cargo purchases. The company will keep some traders in Dubai and plans to expand its London office.

NPS monitoring rule: Oversight mechanism to be set up; what this means for central government employees investing in NPS

The Department of Pension and Pensioners' Welfare (DoPPW) has announced that an NPS oversight mechanism be established in each department to ensure proper monitoring of NPS contributions.

SpiceJet settles $4.5 mn dispute with Shannon Engine, shares trim losses

SpiceJet has settled a $4.5 million dispute with Shannon Engine Support Limited for $2 million, concluding the matter through amicable negotiations. This comes after resolving other major disputes, including a $23.39 million claim for $5 million and a $131.85 million dispute for $22.5 million.

India right place for software defined vehicles, says PTC top official

PTC CEO Neil Barua emphasizes the importance of India in the global market despite current setbacks in the automotive industry. Barua highlights PTC's focus on software-defined vehicles and its collaborations with Indian firms like Tata Motors. He underscores India's openness to global partnerships and GCCs as key advantages, alongside strategic investments in aerospace and defense sectors.

Dixon Technologies expands to meet surging mobile & IT hardware demand

Dixon Technologies foresees robust revenue growth driven by heightened demand for mobile phones and IT hardware. The company has expanded its facility to meet increased orders and is executing a strong order book, including brands like Tecno, Infinix, iTel, and Motorola. Additionally, Dixon plans to deepen its manufacturing capabilities and is partnering with HKC for display module production.

Telegram defends data leak accusations by Star Health saying it cannot do 'policing' work

Star Health has taken legal action against Telegram and a hacker for leaking personal data of policy holders through chatbots. A Tamil Nadu court has ordered Telegram to block any chatbots or websites in India that offer the data online. Telegram has not responded to the allegations yet.

Akasa Air launches network-wide Diwali sale for festive travel

Akasa Air has launched a Diwali sale from October 24 to October 27, 2024. Get up to 15% off on international flights using promo code DIWALI15. Domestic fares start at INR 1,499. Book at least seven days in advance through the Akasa Air website, mobile app, or authorized travel partners. Offer applies to Saver and Flexi fare categories.

Godrej Properties emerges as the highest bidder for a luxury group housing plot in Gurgaon

Godrej Properties has won an e-auction for a luxury housing plot in Gurugram, with a revenue potential of Rs 5,500 crore. This acquisition marks their 11th project in FY25, pushing their new project booking value to Rs 22,950 crore. They plan to launch two additional projects in the Golf Course Road area this financial year.

Adani Wilmar sees strong demand for edible oils and kitchen essentials amid FMCG slowdown

Adani Wilmar, Indias largest edible oil seller, reports sustained demand for essential kitchen items like edible oil, atta, and maida despite a slowdown in the FMCG sector. With strong performance in e-commerce and upcoming ventures into spices, the company expects robust growth, further bolstered by the wedding season and good rural harvests.

Ratan Tata's pet dog Tito included in his Rs 10,000-crore will; what are the succession laws for pets in India

Saturday bank holiday: Are banks open or closed this Saturday on October 26, 2024?

Saturday bank holiday: In India, banks observe closures on national holidays as well as regional holidays, which vary from state to state. In October, banks will shut their doors for a total of 15 days across different states due to various local festivals.

Power Trust ups bid for Hiranmaye Energy after Damodar Valley Corp emerges as top bidder

Power Trust increased its offer for Hiranmaye Energy after Damodar Valley Corporation (DVC) emerged as the top bidder with a Rs 1,500 crore offer. Hiranmaye Energy, undergoing insolvency, operates three 150 MW units. DVC outbid other contenders including Jindal Power and Vedanta. The thermal power company owes Rs 5,291 crore to lenders.

Can silver become more precious than gold? Here's what Vedanta's Anil Agarwal thinks

Gold vs Silver Price: Silver prices have reached historic highs on the Multi Commodity Exchange. Anil Agarwal from Vedanta Group highlighted the increasing industrial importance of silver. Demand has doubled, driven by its use in various industries. Hindustan Zinc, part of Vedanta, is a significant producer, and a new industrial park in Rajasthan aims to boost local industries and job creation around silver production.

Nippon Life India AMC shares surge 10% post Q2 results, interim dividend announcement

Nippon Life India Asset Management's shares jumped 10% after reporting a 47% rise in Q2 profit. An interim dividend of Rs 8 per share was also announced.

With up to 36% average return since last Diwali, this Bandhan fund tops smallcap MF returns chart

Smallcap mutual funds have shown strong performance, offering an average return of around 36.31% since November 2023, with Bandhan Small Cap Fund leading at 60.36%. Experts suggest the potential for continued growth due to technology-led disruptions and recommend these funds for aggressive investors with a long investment horizon.

Best medium duration mutual funds to invest in October 2024

As per Sebi mandate, medium duration funds must invest in debt and money market instruments with Macaulay duration of three to four years. As you can see, these schemes are suitable for investors looking to invest for three to four years or more. However, you should check the portfolio duration of the scheme to ensure that the scheme is in line with your investment horizon.

Paytm shares rally nearly 11% in a week. Is the worst behind?

Paytm shares rise nearly 11% in one week after securing NPCI approval for onboarding new UPI users and reporting a net profit of Rs 928.3 crore for Q2 FY2024, bolstered by a one-time gain from selling its entertainment ticketing business. Analysts highlight significant business and profitability improvements.

ITC shares surge 4% after Q2 earnings. Heres what analysts say

Shares of FMCG major ITC surged 4% to a day's high of Rs 490 on the BSE on Friday, following the company's announcement of a nearly 16% increase in revenue to Rs 22,282 crore for the quarter ended September 2024. While net profit rose marginally to Rs 4,993 croreup 2%it fell short of Street estimates of Rs 5,079 crore. However, revenue exceeded expectations of Rs 18,068 crore.

Overhang for Axis Bank over, Amitabh Chaudhry secures re-appointment from RBI

Axis Bank's CEO Amitabh Chaudhry has been reappointed for a third term, effective January 2025 to December 2027, following RBI approval. His tenure saw significant improvements in asset quality, digital capabilities, and retail offerings. The bank recently reported an 18% rise in net profit for the September quarter.

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TARC raises Rs 1,000 crore to refinance debt

Real estate developer TARC Ltd raised Rs 1,000 crore from a consortium led by Kotak Mahindra Bank, at 12.75% interest, to refinance existing debt and secure Rs 250 crore additional working capital. Projects TARC Kailasa and TARC Tripundra's cash flows anchor the refinancing.

Nasdaq, S&P end higher as Tesla jumps, yields pull back

Nasdaq and S&P 500 gained driven by Tesla's strong earnings forecast and falling Treasury yields. Tesla's shares surged 21.9%, boosting the Consumer Discretionary sector, despite mixed results from other companies. Treasury yields eased after hitting a three-month high, impacting overall market sentiment.

Multi-asset funds have multiple points of appeal, inflows rise over two-fold

A section of wealth managers points out that there has been rapid growth in the mutual fund industry, with 9.7 million new investors coming in the last 12 months. As valuations in equities are no longer cheap and with many first-time investors moving from bank deposits, the need for low-volatility products has multiplied.

Blow for cash-strapped telco: PFC-REC cuts Vodafone Ideas borrowing call, wants extra cover

Both infra-focused government lenders, which specialise in power-related projects, have told the company that for any loan proposal to be considered, Vodafone Idea (Vi) will have to furnish an extra cover through corporate guarantees to shield these proposed commitments from any future default, top financial industry sources involved in the discussions told ET.

Urban kirana braces for a challenging Diwali; up to 30% on-month slip in sales since July

Kiranas are fast losing out to quick commerce in big cities, industry executives said. While FMCG companies say they are splitting assortments by pack sizes, consumer preference and pricing to balance interests of kiranas, quick commerce and modern trade channels, the face-off between the former two channels has escalated in recent months.

Airpocalypse spurs a mad dash for hills during Diwali break

Travel bookings surge by 30% as residents of Delhi-NCR and Chandigarh seek cleaner air in destinations like the hills, Munnar, and Bhutan. Rising pollution drives festive season travel trends, with many opting for health-focused retreats amidst natural surroundings.

Pact signed for sale of MSTC arm to Japanese firm Konoike Transport

MSTC signs a share purchase agreement with Japan's Konoike Transport for the strategic disinvestment of Ferro Scrap Nigam for 320 crore. The sale, approved by key ministers, follows a competitive bid process. The Chhattisgarh-based company, specializing in steel mill services, will undergo a management control transfer.

Telecom giants gear up for Cyclone Dana: Airtel, Jio, Vodafone assure round-the-clock connectivity

Bharti Airtel, Reliance Jio, and Vodafone Idea are implementing contingency measures, including interconnect roaming and war rooms, to ensure continuous connectivity for subscribers in Bengal and Odisha as cyclone Dana approaches. They have also prepared backup network equipment and extra fuel to maintain power during outages.

China-EU EV tariff spat: Beijing asks carmakers to halt Europe expansion

Beijing is telling manufacturers to put on hold active searches for production sites in the region and signing of new deals, and generally keep a low profile while negotiations over EU tariffs on Chinese EVs are ongoing, the people said, declining to be identified because the talks are private. State-owned Dongfeng Motor Group has already halted plans to potentially manufacture cars in Italy in response to the warnings, the people said.

Plan to auction 20 critical mineral blocks under new licence regime in the works

The central government plans to auction up to 20 critical mineral blocks for deeper exploration under a new license regime to improve the tepid response from states. Amendments to the Mines and Minerals (Development and Regulation) Act empower the Centre to conduct these auctions and offer reimbursement incentives to private players.

GSMA Board re-elects Gopal Vittal as deputy chair

The GSMA Board re-elected Bharti Airtel CEO Gopal Vittal as deputy chair effective January 1, 2025. Mathew Oommen of Reliance Jio was also re-elected as a board member. Jose Maria Alvarez-Pallete Lopez of Telefonica will lead the board. The board includes 26 newly elected directors from major telecom companies worldwide.

Road ready for multilateral banks to meet funding needs: Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman states that a pathway has been built for multilateral development banks to address global challenges effectively. She emphasizes India's ongoing commitment to disaster resilience, debt management, and comprehensive reforms to achieve sustainable development goals by 2030.

Telemarketers endorse Govts move to regulate commercial SMS services amid spam concerns

Leading telemarketing companies support the government's plan to regulate commercial SMS and voice services. This aims to combat spam and data misuse. Sinch India and Tanla Platforms agree that more compliance will improve business opportunities. Reliance Jio suggests that telemarketers should be authorized or licensed under the new regulations.

DoT tweaks procurement policy to promote local 5G gear production

The Department of Telecommunications added a clause in the public procurement policy to favor domestic companies in 5G technology product manufacturing. Local companies must achieve over 50% local value addition for procurement eligibility, promoting locally developed telecommunication technology under the 'Make in India' initiative.

Serentica Global plans 10 GW RE projects in Andhra Pradesh

Vedanta Group's Serentica Global plans to establish 10 GW of renewable energy projects in Andhra Pradesh. The state's target is 72 GW of renewable energy by 2030. These initiatives aim to create significant employment opportunities, as discussed in a meeting with Minister Nara Lokesh.

Air India faces technical difficulties at contact centers

Air India is facing technical issues with its contact centers due to problems with a telecom provider. Both Air India and Akasa Air received security alerts for flights on October 24, 2024. Goa International Airport and Manohar International Airport are also on high alert due to bomb threats. Authorities are ensuring passenger safety.

Air India to operate metro routes with Vistara aircraft to win premium passengers

Air India Group plans to use Vistara's newer aircraft on key metro routes to attract corporate customers after their merger. This strategy aims to provide consistent service quality against IndiGo, as Air India undertakes a $400 million refurbishment of its older fleet.

Credit cards: What are EMI options and concierge services?

Concierge services refer to the personalised services offered by banks to their high-end consumers to help them with personalised tasks such as travel, entertainment and lifestyle needs. These are premium services offered by banks to an elite group of cardholders.

NBFC growth to be hit due to rising unsecured loan stress

Non-bank financial companies (NBFCs) will face stress from unsecured loans due to higher interest rates impacting borrowers' repayment capacities this fiscal year, says rating agency ICRA. Growth in microfinance and other unsecured loans will slow significantly. As a result, NBFC profitability will be affected. Regulatory guidelines will also play a role in moderating credit growth.

HULs legal head and whole-time director Dev Bajpai set to retire on December 31

Hindustan Unilever Ltd (HUL) announces the retirement of Dev Bajpai, Executive Director, Legal & Corporate Affairs, effective December 31, 2024, after a decade of service. Radhika Shah is appointed as the new Company Secretary, effective January 1, 2025.

Top 5 large and midcap funds with up to 27% returns in 5 years

Credit cards: 6 common myths everyone should be aware of

Credit Cards: It is a common myth that holding too many credit cards can adversely impact your credit score. But it is far from true. It is recommended to keep a number of cards so that the overall credit utilisation stays below 50 per cent.

Online FDs with up to 9.5% interest rate on MobiKwik: How can you 'safely' invest in these FDs?

MobiKwik now offers FDs with up to 9.5% interest through small finance banks and non-banking financial companies. It has five FD options to choose from: Unity Small Finance Bank, Suryoday Small Finance Bank, Mahindra Finance, Shriram Finance, and Bajaj Finance. Small finance bank FDs and corporate FDs offer higher interest rates but may carry slightly higher risks. Be sure to read the fine print before investing.

RBI rejects top cop Asthanas appointment to board; delay in notification an oversight, says REL

Religare Enterprises informed stock exchanges that the Reserve Bank of India rejected its proposal to appoint Rakesh Asthana as a director. This rejection occurred on May 15, 2024. Religare attributed the delay in disclosure to an oversight and faces legal challenges from the Burman family regarding the appointment and AGM postponement.

India wants to manufacture aircraft and Airbus has a role to play: Civil aviation minister

India aims to develop and manufacture aircraft locally with the help of global aerospace firms, focusing on Airbus. The country anticipates significant aviation growth, requiring 8,000 planes within 20 years and adequate training infrastructure. HAL currently manufactures small planes, while Airbus expands its presence with military and civil aircraft components.

Arihant Academy acquires 51 pc stake in ZEAL Academy

Arihant Academy has acquired a 51% stake in ZEAL Academy, valued at Rs 17 crore. This acquisition will expand Arihant's academic portfolio in Mumbai Metropolitan Region. ZEAL Academy specializes in IIT, JEE, and NEET coaching. Arihant Academy offers coaching for SSC, ICSE, CBSE, Science, and Commerce. The merger aims to create a comprehensive learning experience.

Axis Bank re-appoints Amitabh Chaudhry as MD & CEO of bank for 3 years

Axis Bank on Thursday reappointed Amitabh Chaudhry as the Managing Director and Chief Executive Officer of the bank for the next three years starting January 1, 2025.

Want higher return from mutual fund investment? How to review mutual fund portfolio regularly

Public-private partnerships crucial to create infra for hydrogen powered mobility, say experts

Public-private partnerships are essential for developing hydrogen-powered mobility infrastructure in India, experts said at the G-STIC conference. Highlighting hydrogen's role in the energy transition, they called for an integrated approach involving automakers, energy companies, and policymakers to drive innovation and create a supporting ecosystem.

NFO Update : Edelweiss Mutual Fund launches Nifty500 Multicap Momentum Quality 50 Index Fund

Edelweiss Mutual Fund launched Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund, an open-ended index scheme replicating Nifty500 Multicap Momentum Quality 50 Index. The NFO will aim to provide returns before expenses that correspond to that of the Nifty500 Multicap Momentum Quality 50 Index Fund.

RBI Alert List: THESE forex trading platforms are not authorised to deal in foreign currency

The RBI's alert list includes entities which are neither permitted to deal in foreign exchange under FEMA nor authorised to operate electronic trading platforms for forex transactions.

CSB Bank Q2 Results: Profit remains almost flat at Rs 138 crore

CSB Bank on Thursday reported a marginal 4 per cent rise in net profit to Rs 138 crore for the quarter ended September 2024. The Kerala-based lender had earned a net profit of Rs 133 crore in the year-ago period.

Magic of compounding: 1 lakh investment in THIS mutual fund at launch would have swelled to 14 lakh in 17 years

Mutual Funds: If you had invested 1 lakh in DSP ELSS Tax Saver Fund at the time of its launch in January 2007, the investment would have now become a whopping 14.44 lakh, thus delivering an annualised return of 16.27 per cent.

Gold vs Diamond jewellery: Where should you invest this Diwali?

Gold or diamond this Diwali: Many people who want to invest in gold around Diwali buy gold jewellery, gold bars, or gold coins. Sometimes, they prefer jewellery with gemstones, preferably diamonds. If this Diwali you are confused about whether to go with gold jewellery or diamond jewellery, here is help.

Why you should never skip travel insurance on international trips

International travel insurance is essential to avoid unforeseen difficulties like baggage loss, medical emergencies, or trip cancellations. It provides financial coverage and assistance for various situations, ensuring peace of mind during your trip. Choose your insurance wisely by considering destination-specific needs and inclusions for comprehensive protection.

This large & midcap mutual fund turned Rs 10,000 monthly SIPs into Rs 13 lakh in 5 years

Motilal Oswal Large & Midcap Fund has delivered a return of 26.98% since its inception, with a 26.44% return over the past 5 years.

This equity mutual fund category lost the most in 3 months

PSU mutual funds saw the largest decline, losing about 6.97% over the past three months, with around seven funds in this category during that period.

Gold hallmarking charges 2024: How much does it cost to get a gold/silver article hallmarked?

Hallmarked jewellery provides third party assurance and satisfaction that customer gets right purity of gold/silver for the given price. Since the introduction of HUID (i.e. 1st July 2021) hallmark consists of 3 marks viz, BIS logo, purity of the article in caratage as well as fineness and six-digit alphanumeric HUID number.

You can now use TCS credit to reduce the TDS on your salary. Here's how.

Starting 15 October, salaried individuals can adjust tax collected at source (TCS) payments against the tax deducted at source (TDS) on their salaries, something they could previously do when filing their tax returns.

Is India putting enough money on education? A closer look at recent trends

From 2015 to 2024, India allocated 4.1 to 4.6 per cent of GDP to education, meeting international standards. Expenditure ranged between 13.5 to 17.2 per cent of public spending. India invested more in education than its neighbors, contrary to a global decline in educational investment since 2010, especially after the Covid-19 pandemic.

Paytm onboarding of new UPI users: How to link your bank account on Paytm app to get a new UPI ID

Telecom companies seek cut in license fee

The telecom industry demands the reduction of the government license fee from 8% to 0.5%-1% of gross revenues. This reduction will help telecom companies reinvest in network upgrades and expansion. The current high fees limit investment in enhancing digital infrastructure. Lowering fees could improve digital inclusion, especially in remote areas.

Govt aims to develop 50 more airports in 5 years: Aviation minister K Rammohan Naidu

Civil Aviation Minister K Rammohan Naidu announced plans to establish 50 additional airports within five years and 200 more over the next 20 years. These developments aim to enhance the airport ecosystem, creating more jobs and commercial activities. The minister highlighted this during the inauguration of the Airbus India and South Asia Headquarters - Training Centre in New Delhi.

How grandparents can invest for their grandchildren without any hiccups

Only parents and legal guardians are legally authorised to invest in a child's name.Best way is to open bank account in child's name and transfer funds for investments, or invest in your name and gift them to grandchildren via a will

Why India is the go-to market in a volatile world

Amid global economic unpredictability in 2024, India stands out with steady growth driven by robust structural reforms and forward-looking policies. Its macroeconomic stability and strategic focus on self-reliance make it an attractive destination for investors, highlighting India as a relative safe haven amid volatility.

Adani Wilmar readies new plan for premium outlets, targets more AI use in sales ops

Adani Wilmar reported a consolidated Q2 profit of Rs 311 crore, bouncing back from a loss last year. It is focusing on boosting sales productivity, expanding its rural distribution network to reach 50,000 towns by FY25, and leveraging technology for targeted selling. The e-commerce channel showed rapid growth with revenue significant increases.

More than 70 flights receive bomb threats today

Indian airlines received over 70 bomb threats on Thursday. This includes around 20 flights each from Air India, Vistara, and IndiGo, and 14 flights from Akasa Air. Nearly 250 flights have received threats in the past 11 days. Authorities are monitoring the situation. The government is planning legislative action to address these threats.

Despite dip in profits, ACC bricks up hope as cement demand likely to rise

ACC anticipates a rise in cement demand in H2 FY2025 driven by post-monsoon construction and housing activity, and government infrastructure projects. This outlook comes despite a 48% drop in Q2 profits. Revenue from operations increased by 4% year-on-year, aided by higher trade sales volume and premium products.

NFO Alert: Zerodha Mutual Fund launches Gold ETF FoF

Zerodha Mutual Fund has announced the launch of the Zerodha Gold ETF FoF, an open-ended fund of funds scheme that invests in units of Gold ETFs. The new fund offer (NFO) will open for subscription on October 25 and close on November 8. The scheme aims for capital appreciation by investing in Gold ETFs and will be benchmarked against the domestic price of physical gold.

Another turbulence for SpiceJet? Falgu Aviation claims airline owes it Rs 67 crore

Falgu Aviation Leasing Ltd has approached the NCLT against SpiceJet Ltd, seeking unpaid rental dues of Rs 67 crore for a leased Boeing 737. Though both parties reached a settlement, SpiceJet allegedly failed to comply with the terms, leading to a new legal challenge.

Blinkit launches EMI option for orders above Rs 2,999; how to avail, interest rates, who can opt

Blinkit launches EMI option: Blinkit, an Indian e-commerce company, has rolled out an EMI (Equated Monthly Installments) feature for its customers, aiming to enhance affordability for purchases surpassing a specific threshold.

6 equity mutual funds offer over 40% in 2024 so far. Have you invested in any?

Around six equity mutual funds have offered returns of over 40% in 2024 so far

Share price of Colgate-Palmolive falls as Nifty weakens

A total of 15,281 shares changed hands on the counter till 01:34PM (IST).

Piramal Pharma shares soar 15% after reporting 4-fold jump in Q2 profit

The company's revenue from operations increased to Rs 2,242 crore in the second quarter, up 17% year-on-year from Rs 1,911 crore in the same period last year, mainly due to strong growth in its CDMO business.

European shares rise as positive earnings boost sentiment

A raft of preliminary PMI readings is expected to show a contracting business activity in the bloc and could push the ECB to take a further step to trim its rates.

International Copper Association elects Hindalco Industries as member

Hindalco Industries Ltd, a key player in copper and aluminium production under the Aditya Birla Group, has joined the International Copper Association (ICA). This membership aims to enhance the global value chain for copper, crucial for the net zero transition, reflecting India's burgeoning role in the copper market.

India can be the new Singapore, Dubai and Doha in aviation? It needs to do these first

India's aviation sector is poised for major growth, aiming to become the world's third-largest aviation market. Key areas of focus include infrastructure development, fleet expansion, workforce training, regulatory reforms, and enhancing passenger experiences through technological advancements and integrated security measures.

Colgate-Palmolive expects continued difficulties in market

Colgate reports high single-digit growth for toothpaste and double-digit growth for toothbrush products in the second quarter. Core brands Colgate Maxfresh and Colgate Strong Teeth drove the growth. Colgate plans further investment in superior products and advertising, and has recently launched Colgate Visible White Purple, while working on a premiumisation strategy.

7 inauspicious things you should not buy or do on Dhanteras, what you should buy