affordability
Consumer Fashion & Lifestyle

From Looms To Laces: Inside GST’s Fashionable Reset

With rates rationalised and inverted duty structures corrected, apparel and footwear players eye stronger demand and sharper pricing

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Brands Consumer E-commerce & Marketplaces Interviews

Affordability Is A Cornerstone Of Consumer Decision-making: Flipkart’s Electronics VP

Sujith Agashe says that tier 2 and 3 cities continue to fuel the next phase of growth for Flipkart’s electronics category, reflecting a rapidly expanding and digitally empowered customer base

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Fashion & Lifestyle News

Rising Income Outpaces Essentials Inflation, Drives Lifestyle Spending In India

Lifestyle inflation, in which customers shift to higher-end items, has outpaced price increases in necessities every year since FY18. While lifestyle inflation is a reflection of demand that is often controlled by policy rates, price increases in critical goods are a supply-driven phenomena that requires focused government intervention. According to a research by the Bank […]

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Finance Government National News States

Karnataka Tweaks Liquor Taxes To Reduce Price Gap With Neighboring States

The Karnataka state government will adjust tax rates throughout the 18 slabs of Indian Made Liquor (IML) to preserve its earnings and avoid trade diversion to adjacent states. “In order to rationalise the tax slabs and make them competitive with neighbouring states, the tax slabs for IML and beer will be revised,” Chief Minister Siddaramaiah […]

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Brands Companies Finance News

Hershey, Cadbury Brace For More Price Hikes As Cocoa Costs Rise

The producers of chocolate brands, Hershey and Cadbury, are contemplating further price adjustments to counteract an unprecedented surge in cocoa prices. Despite facing challenges such as reduced consumer purchases and potential impacts on profits due to inflation, these chocolate makers have consistently passed on the escalating costs to their customers. Over the past year, cocoa […]

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National News States

Tamil Nadu Liquor Prices To Increase From 1 February

Tamil Nadu State Marketing Corporation (TASMAC) on Monday announced that the excise tax on liquor is to be increased which is to be reflected on liquor prices in Tamil Nadu from 1 February. According to a release from TASMC Administration, “the excise tax on liquors is to be increased and therefore, liquor prices are to […]

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Electronics National News

Indian Smartphone Market Sees Rebound With 20% YoY Growth In Q4 CY2023

Indian smartphone vendors experienced 20 per cent year-on-year (YoY) rebound in Q4 2023, propelled by robust demand during the festival season, according to the latest Canalys research. The quarter saw a total of 38.9 million units shipped, showcasing the resilience of the market in the face of challenges. Maintaining its leadership, Samsung claimed the top […]

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International News

Bhutan To Reduce Airfares To Boost Tourism

In order to boost the tourism sector, Bhutan has planned to reduce the ‘expensive’ airfares to lower the price for visitors travelling to the country, Bhutan Live reported. According to country’s Finance Minister, this step would result in uptick of travellers to the country and increase the number of visitors that visit the nation, as […]

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Brands Companies E-commerce & Marketplaces News

Meesho Unveils Meesho Mall, Strategic Expansion Into Branded Products

Meesho, the ecommerce marketplace, unveiled its strategic expansion into the realm of branded products with ‘Meesho Mall’. While customers may not always seek out brands for their shopping needs, there have been repeated searches for branded products with respect to certain categories such as Personal Care and beauty, Footwear and Electronic Accessories. According to the […]

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Export News

Windfall Profit Tax Leads To Decline In Diesel And Petrol Exports

Official data revealed that India experienced an 11 per cent decrease in diesel exports and a 4.5 per cent drop in petrol exports during July. This decline was attributed to the implementation of a windfall profit tax by the government on such sales. According to the Petroleum Planning and Analysis Cell (PPAC) under the Oil […]

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