After prolonged cloudy spell, sun set to shine on FMCG companies; benign inflation, lower GST rates expec - Times of India

MUMBAI: After months of sluggishness, demand recovery is in sight for consumer goods companies, partly helped by GST cuts which drove down prices of a host of household essentials and left more money in the hands of shoppers. There have been some initial signs of revival on the ground already, firms said in their recent quarterly updates, betting on a mix of low inflation and GST reductions to aid…