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Unicommerce Reports 200% YoY Growth in International Business

Unicommerce, an ecommerce enablement SaaS platform has reported a 200 per cent year-on-year  (YoY) growth in its international business during the financial year (FY) 2023 with gains coming from its operations in the Middle East and Southeast Asia. The platform has achieved an annual run rate of 5 million transactions annually with more than 35 […]

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Brands Companies Food News

FNP Launches New Premium Chocolate Line

India’s gifting brand FNP recently ventured into the gourmet food market and now it presents its exclusive range of premium couverture chocolates. FNP Chocolates feature 4 distinct variants, each crafted with care and precision to deliver an exceptional taste experience. The variants include milk Chocolate, dark chocolate, fruit & nut and white chocolate with Rose […]

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Companies Electronics News Retail

Newland AIDC Launches MT37 Portable Data Collector For Indian Retail

Newland AIDC – an auto-identification company has recently launched its exclusive Portable Data Collector– MT37 specifically for the Indian retail segment for smarter inventory management. “Indian retail industry accounts for over 10 per cent of the country’s GDP. Though India is the world’s fifth largest global destination in retail space, the sector is predominantly unorganized […]

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International News Retail

Retail Sales In China Rises 12.7% In May

China’s industrial outcome grew 3.5 per cent in May, compared to the previous year, official data showed on Thursday, reported news agency Reuters. According to the report, May’s growth was labeled the slowest growth since February. Analysts surveyed by Reuters had predicted output growth to cool to 3.6 per cent from 5.6 per cent in […]

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Brands Companies News Retail

V-Mart Retail Shares Rises 6% On Speculation of Bulk Deal

The shares of V-Mart Retail reported an increase of 6 per cent due to speculation of a bulk deal. The company’s share price was at Rs 2,100.  According to reports, approximately 5.8 lakh shares, equivalent to around 3 per cent of the company’s equity and valued at Rs 116 crore, were traded at Rs 1,990 […]

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International News

India To Overtake China As Largest Driver of Global Oil demand By 2027: IEA

India will soon overtake China as the largest driver of global oil demand, International Energy Agency (IEA) chief Fatih Birol said on Wednesday, according to Reuters. Birol made this statement during a G20 event in New Delhi, emphasizing the “rapid growth of electrification in cars and buses in China as one of the reasons behind […]

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Export Food National News

India’s Seafood Exports Hit Record High In 2022-23

India’s seafood exports, both in terms of volume and value, achieved an all-time high in 2022-23. It shipped 1.7 million tonnes of seafood worth Rs 63,969.14 crore (USD 8.09 billion) during the financial year, growing 26.73 per cent in quantity terms and 4.31 per cent in value terms over 2021-22. According to a press statement […]

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News

Wholesale Inflation In India Hits Three-year Low of -3.48% In May

Wholesale inflation in India based on the Wholesale Price Index continued to stay in the negative zone in May. It hit a three-year low at minus 3.48 per cent in May, as against minus 0.92 the previous month, official data released by the Ministry of Commerce and Industry showed on Wednesday. The decrease in wholesale […]

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Food Government News

Delhi Govt Approves Food Truck Policy To Boost Economy

Delhi Chief Minister Arvind Kejriwal on Tuesday granted in-principle approval to the Food Truck Policy, which aims to set up food trucks across the national capital making it a ‘Food Truck Capital’. “Recognising the immense potential of the food truck industry, Chief Minister Arvind Kejriwal emphasised the positive impact it would have on employment generation […]

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Government Logistics News

Domestic Airfares Decline By Up To 60%

Airfares have dropped on several routes after Aviation Minister Jyotiraditya Scindia asked airlines to rein them and as a result of this intervention, domestic airfares have declined by up to 60 per cent. “As a result of this intervention, prices have seen up to 60 per cent decline. This is being monitored daily by the […]

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