Union Budget 2025: Boosting Retail For Sustained Growth
Union Budget 2025 sets a strong Stage for retail growth with tax relief, ease of doing business and gig worker protections, writes Kumar Rajagopalan
Consumer
Economy
Retail
Consumer
Economy
Food
Indian Households Altering Their Spending Patterns To Non-food Items: Report
- by BW Retail World Bureau
- January 4, 2025
In rural areas, the percentage of spending on food decreased from 52.9 per cent in 2011-12 to 47.04 per cent in 2023-24, as per the report
Electronics
News
Trade
Indian Electronics Manufacturing To Boom At 41% CAGR
- by BW Retail World Bureau
- April 12, 2024
India’s electronic manufacturing industry is set to grow at an annual growth rate of 41 per cent until FY 26, as per a recent report by Equiris Securities. The report says that by FY 26, the electronic manufacturing market in India is expected to reach Rs 5,980 billion, a significant leap from its valuation of […]
Brands
Companies
Finance
FMCG
News
Dabur Expects Consumption Surge Amidst Sluggish Demand Trends
- by BW Retail World Bureau
- April 5, 2024
In the March quarter, Dabur reported that demand trends “remained sluggish,” but noted a pickup in rural growth. The company anticipates an uptick in consumption in the upcoming months, buoyed by a promising rabi crop harvest and predictions of a normal monsoon. The surge in rural growth is attributed to “price rollbacks” in staple food, […]
Health
National
News
Survey Reveals Surge In Spending On Paan, Tobacco Over Past Decade
- by BW Retail World Bureau
- March 4, 2024
The latest Household Consumption Expenditure Survey 2022-23 indicates a notable rise in the consumption of paan, tobacco, and intoxicants over the past decade, with people allocating a larger portion of their income to these products. The survey, conducted by the National Sample Survey Office from August 2022 to July 2023, reveals that in rural areas, […]
Consumer
News
Consumption Up In India, Creating Jobs & Boosting Industry : PHDCCI
- by BW Retail World Bureau
- February 27, 2024
Intact consumption story will create more avenues for employment, an industry body PHDCCI said. Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry, appreciates the efforts of the Government for providing a strong push to India’s consumption story in the post-pandemic years. According to the Household Consumption Expenditure Survey, the per capita consumption spending has […]
Brands
Companies
Finance
FMCG
News
Moderating Input Costs Boosts Margins For FMCG Companies
- by BW Retail World Bureau
- February 5, 2024
Fast-moving consumer goods (FMCG) businesses have reported single-digit volume growth with improved margins in most divisions during the December quarter, boosted by dipped commodity inflation, yet the operational environment remained tough. Some firms also reported a drop in topline numbers as they passed on the advantages of decreased commodity costs to consumers, affecting their gross […]
Finance
Food
Manufacturing
National
News
Factory Output Plunges In November, Food Prices Drive December Inflation Surge
- by BW Retail World Bureau
- January 15, 2024
Data released on Friday unveils a challenging economic scenario for India as the year concluded, with a simultaneous slowdown in industrial output and a notable spike in inflation. The statistics, revealed by the Ministry of Statistics and Programme Implementation, indicate that industrial output growth plummeted to an eight-month low of 2.4 per cent in November. […]
Finance
Government
National
News
Gross GST Collection Rises 12% YoY In Nine Months Of FY24
- by BW Retail World Bureau
- January 2, 2024
The gross goods and services tax (GST) collection increased by 12 per cent year on year from April to December 2023, reaching Rs 14.97 lakh crore when compared to the previous year’s collection of Rs 13.40 lakh crore during the same period. The average monthly gross GST collection for the first nine months of this […]
Food
National
News
Concerns Mount Over Food Inflation Amidst Reduced Rabi Crop Sowing Before 2024 Lok Sabha Elections
- by BW Retail World Bureau
- January 1, 2024
The government is concerned about reduced rabi crop sowing potentially leading to heightened inflation prior to the 2024 general elections, especially with significant price hikes in cereals and pulses. As the rabi sowing nears completion, data from the agriculture ministry indicates a decrease in the area under wheat by 4 per cent, rice by 2 […]