The gross Goods and Services Tax revenue collected in the month of August was Rs 159,069 crore, official data from the Ministry of Finance showed on Friday. The monthly revenue is 11 per cent higher than the collection the same month the previous year. Of the total collection, CGST was Rs 28,328 crore, SGST was […]
India is getting digitally active. As per the data of the National Payments Corporation of India (NPCI), that manages real time payment platform UPI, August was a prosperous month for the Unified Payments Interface. UPI crossed 10 billion transactions in a month for the first time in August. According to the data till 30 August, […]
In an exclusive interview with BW Retail World, Harkirat Singh, the Managing Director, Aero Club (The maker of Woodland & Woods), shared insights about the company’s financial plans and how the company changed its marketing strategies post the pandemic. “Last year was basically the time when we came out of the pandemic and we started […]
Open Network for Digital Commerce (ONDC), recently celebrated a major milestone in its journey with over 50,000 restaurants now live for placing online orders on the Open Network, across 172 cities in the country. The number of restaurants on the Open Network shot up from 500 in February 2023 to 50,000 in August 2023, depicting […]
The Indian telecom industry demonstrated a positive trend in the fourth quarter of fiscal year 2023, with an impressive 2.53 per cent sequential growth in adjusted gross revenue (AGR), according to the latest data released by the Telecom Regulatory Authority of India (Trai) on Monday. The driving force behind this growth was attributed to the […]
Titan Company on Saturday has said that it will pay a total of Rs 4,621 crore for a further 27.1 per cent share in CaratLane. After the transaction is complete, Titan will own 98.28 per cent of the shares in CaratLane, a private firm that produces and sells jewellery. Titan made its initial investment in […]
Bata India is in talks with Adidas for a strategic partnership that could likely boost the German sportswear maker’s presence in the South Asian country, CNBC-TV18 reported on Thursday. Bata India’s shares ended 5.3 per cent higher, logging their best day since April 2020. Shares rose as much as 7.3 per cent earlier in the […]
The Index of Industrial Production (IIP) for India registered a decline in growth in June 2023, with the manufacturing sector particularly affected. The IIP growth, measured through the Index of Industrial Production, dropped to 3.7 per cent in June 2023, marking a three-month low. This decline contrasts with the substantial growth of 12.6 per cent […]
Wearable devices market in India saw a robust 53.3 per cent yearly growth in the first half of 2023, with shipping of 57.8 million units, according to data released by International Data Corporation (IDC). International Data Corporation (IDC) is a global market intelligence and advisory services provider. During the quarter of 2023, 32.8 million wearables […]
Wonderchef, a cookware and premium kitchen appliance company, has opened its 26th exclusive store in India in Mumbai Malad. With the vision of reaching out to more customers and offering them exceptional kitchen solutions, Wonderchef aims to open 50 exclusive stores across India by 2025. Additionally, the Company has a strong presence in about 15,000 […]
