The umbrella body states that tax collectors, focused solely on revenue generation with disregard for social impact, may be tempted to push more goods into higher tax slabs
Industry leaders discuss the transformative shifts in consumer engagement, sustainability and the rise of quick commerce, shaping India’s retail landscape
Adaptability is essential, requiring brands to stay responsive to changing consumer preferences and embrace new marketing trends to remain competitive
The report points to a deceleration in core Consumer Price Index (CPI), which includes goods and services excluding food and fuel, as a contributing factor
The body states that deep discounting has already posed significant challenges in the food delivery sector and similar tactics are now being applied to the dine-in market through the adoption of aggregator payment platforms
The volume growth will more than offset a 1-2 per cent year-on-year decline in average sales because of a drop in selling prices to clear year-end inventory after demand slackened
The cost of veg thali rose to Rs 32.7 in November, while the same for non-veg thali stood at Rs 61.5
According to the number, the India Olive oil market size is estimated to reach USD 141.5 million by 2027. It is also poised to grow at a CAGR of 9.2 per cent over the forecast period of 2022-2027
Part of the Bengaluru-based Nimida Group, The Organic World marked its foray out of Karnataka with its first store in Hyderabad
The association has urged the Goods and Service (GST) Council to consider the broader economic implications and explore more balanced approaches to achieve higher collections
