Ecommerce drives economic surge with regulatory adaptation and regional cooperation India is targeting USD 2 trillion in exports by 2030, equally divided into merchandise and services, said Union Commerce Minister Piyush Goyal in January. Fuelled by ecommerce and its role in driving economic development and expanding trade, the Asia–Pacific (APAC) region is projected to surge […]
Retail inflation in India eased a tad in February to 5.09 per cent from 5.10 per cent the prior month. It was at a four-month high of 5.69 per cent in December. The retail inflation in India, though within RBI’s 2-6 per cent comfort level, is above the ideal 4 per cent scenario. The latest […]
Younger age groups express curiosity, while ecommerce offers opportunities in the growing online goods demand The barefoot shoe market is emerging as a new trend that is quietly gaining popularity in India’s footwear industry. As the global market for barefoot shoes is projected to surge to USD 788.7 million by 2031, India is emerging as […]
On Thursday, the Union Cabinet approved a rise in financial support for the Tea sector through the ‘Tea Development & Promotion Scheme,’ elevating it from Rs. 290.81 crores to Rs. 528.97 crore for the upcoming two financial years The Union Cabinet, chaired by Prime Minister Narendra Modi, has given the green light to a substantial […]
BW Retail World unveils ‘Most Influential Women 2024’, from entrepreneurs and industry captains shaping sectors to rising stars charting new territories, driving success and innovation in the landscape of Indian retail From meal makers to deal makers and bread bakers to bread earners, women across India are making significant strides in the workplace, challenging stereotypes […]
The perceived gender pay gap at a pan-India level was 23 per cent among salaried women, while felt gender bias was at 16 per cent. In the effort of gender equality, the workplace plays a crucial part in breaking down barriers to professional growth and equality. As we celebrate International Women’s Day, it is necessary […]
India will have to leverage its sizable home market to become more competitive and scale up production to enjoy the benefits of scale economies Promoting the micro, small and medium enterprises (MSMEs), enhancing skills to build future workforce and larger exports, focussing on high-end manufacturing, taking digital India to the next level and promoting cleaner […]
Economists predict that the divergence between India’s industrial and service sectors will normalise in the next few quarters The Indian economy grew at an impressive rate of 8.4 per cent in Q3FY24, surpassing economists’ expectations of 6.6 per cent growth. However, it is important to interpret the headline growth figure with caution as there are […]
A recent Morgan Stanley analysts’ note makes a crucial observation: should India maintain its growth trajectory while Chinese iPhone shipments remain stagnant, India could potentially surpass Chinese iPhone market by 2027 It’s no secret that Apple has been significantly ramping up its focus on India in the aftermath of Covid and facility-related disruptions in China. […]
The event emphasised the need for policy reforms, echoing concerns raised by industry leaders about rising costs, global disruptions, and the imperative for a new textile policy to foster innovation and international collaboration Prime Minister Narendra Modi inaugurated Bharat Tex 2024, a major global textile event held in Delhi’s Bharat Mandapam. This comes as the […]
