consumer non durables

Michael Burry, famed for predicting the 2008 crash, warns the stock market's AI obsession mirrors the dot-com bubble. He believes markets are ignoring economic data, driven solely by momentum. Burry cautions that massive AI investments by tech giants may yield no lasting returns, potentially leading to significant market corrections and tech job stagnation.

Oculus founder Palmer Luckey congratulated Apple's new CEO John Ternus by recalling his early work as a mechanical engineer on the V8 virtual reality headset in the late 1990s. Ternus, who joined Apple in 2001, has since led hardware engineering for numerous iconic products, including the iPad and AirPods, and is now involved in Apple's Vision Pro venture.

Kerala & TN, to Assam & Bengal, each of the four big states where voting has concluded is a perfect example – via language, culture, politics – of India’s innate ability to live with differences

Jeff Bezos and Lauren Sanchez have committed $34 million through the Bezos Earth Fund to develop sustainable, plastic-free textiles. The initiative supports research into next-generation fabrics, though challenges in scaling and ongoing criticism of Amazon’s environmental impact highlight the complexities of transforming the global fashion industry.

Over 400 people fell ill in Gujarat's Dahod district following a wedding feast, suspected to be a food poisoning incident. Authorities have launched an investigation, collecting food samples and examining hygiene standards. This highlights the critical importance of FSSAI's food catering guidelines for preventing such outbreaks.

Global oil markets face turmoil due to the Iran-US conflict and Strait of Hormuz disruptions. India, heavily reliant on oil imports, feels the pinch through rising inflation and borrowing costs. The Reserve Bank of India monitors the situation, opting for stability over aggressive action. Households may experience a gradual tightening of budgets as costs rise and monetary easing is delayed.

India's industrial output growth dipped to a three-month low in January, registering a 4.8% rise. This slowdown was primarily driven by a sluggish manufacturing sector, with capital goods moderating and consumer non-durables contracting. Experts anticipate global uncertainties and geopolitical tensions will continue to impact the industrial sector's sentiment and performance.

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, slightly lower than the downwardly revised 5.6% in Feb but above the 1.9% posted in March last year. For the 2023-24 fiscal year, industrial output growth rose to 5.8% from 5.2% in the previous year.

Estimates placed IIP at 169.4 for January 2026, compared with 161.6 in January 2025. This follows a stronger reading in December 2025, when industrial production had grown by 7.8 per cent.`

India's industrial output growth slowed in September, with the manufacturing sector, consumer durables, and non-durables remaining sluggish. The index of industrial production (IIP) rose 5.8% in September, slower than the previous month's 10.3%. The manufacturing sector grew 4.5% compared to a 2% expansion in the previous year. The capital goods sector slowed to 7.4% growth in September compared to 11.4% growth in the previous year. The consumer durables sector grew 1%, while the consumer non-durables rose 2.7%.

Manufacturing sector grew at 2.7% in January 2013 after contracting for the previous two months.

India's industrial output hit a six-month high in November driven by manufacturing, capital goods, and consumer durables. The index of industrial production rose 5.2% with significant contributions from a 9% rise in capital goods and a 13.1% rise in consumer durables, indicating strong festive demand.