India’s retail inflation declined to 4.85 per cent in March compared to 5.09 per cent in February this year, according to government data released on Friday. The Consumer Price Index (CPI)-based retail inflation was 5.66 per cent in March last year. The National Statistical Office, under the Ministry of Statistics and Programme Implementation, on Friday […]
Swiggy, India’s leading on-demand convenience platform, has unveiled its Ramzan order analysis, revealing the nation’s continued love affair with Biryani during the holy month. Close to 6 million plates of Biryani were ordered during this period, marking a 15 per cent increase compared to regular months. Hyderabad stood out by ordering over a million plates […]
An increasing number of customers today are going online to meet their festive requirements with spending during Ramzan 2024 growing by 50 per cent as compared to last year’s Ramzan, according to Simpl Checkout Scan. These spends were almost 30 per cent higher than normal for a business month with categories such as food and beverages […]
Amazon India’s bi-annual celebration of traditional craftsmanship, Karigar Mela, is set to return with its 2024 edition, themed ‘Thriving Sustainability with Handmade.’ Scheduled for 11 April 2024, the event aims to spotlight India’s diverse crafts and artisans while promoting sustainability, eco-friendly materials, and recycling techniques within the handmade industry. With over 2000 sellers participating, showcasing […]
Pegatron is reportedly in advanced discussions to transfer control of its sole iPhone manufacturing facility in India to the Tata Group, news agency Reuters reported citing two sources. This development signifies Pegatron’s latest move to scale back its partnership with Apple. As part of the proposed deal, which has Apple’s approval, Tata intends to hold […]
Coffee exports from India saw a notable increase of 13.35 per cent to 1,25,631 tonnes during the January-March period of this year, attributed to heightened demand for Robusta coffee, as revealed by official data. This surge contrasts with the export figure of 1,10,830 tonnes during the same period in 2023. India, recognized as Asia’s third-largest […]
By Rajany Pradhan As temperatures rise across India, so does the demand for refreshing beverages, marking the onset of the peak season for companies. With an array of iconic brands under its belt, including Pepsi, 7up, Mirinda, Mountain Dew and Tropicana, PepsiCo India is gearing up for an exciting summer ahead, along with other beverage […]
India witnessed a remarkable surge in silver imports in February, reaching an unprecedented 260 per cent increase, driven by lower duties that incentivized substantial purchases from the United Arab Emirates (UAE), according to reports from government and industry sources shared with Reuters. Projections suggest that this trend is set to continue, with a potential 66 […]
Data analysis firm GlobalData reports a significant surge in India’s mobile wallet market, with the unified payments interface (UPI). Their report highlights a robust 72.1 per cent compound annual growth rate (CAGR) in the value of mobile wallet payments between 2019 and 2023, reaching Rs 202.8 trillion (USD 2.5 trillion) by 2023. This growth is […]
India’s plastic exports witnessed a rise in February 2024, reaching USD 997 million. This represents a 14.3 per cent increase compared to February 2023, according to the Plastic Export Promotion Council (Plexconcil). In addition, Plexconcil reported significant growth across several product categories, including plastic raw materials, films and sheets, woven sacks and floor coverings. However, […]
