India’s Consumption Outlook Remains Positive, Shows Report
The report notes that tax relief, GST rationalisation, proposed eighth pay commission, and healthy rural incomes are likely to support household spending
Consumer
Economy
Economy
GST Cuts To Deliver One-time Inflation Dip Over Next Year, Says Centre
- by BW Retail World Bureau
- September 27, 2025
Centre says that the GST reforms are expected to lower the tax burden on consumers, boost consumption, and provide a cushion against tariff impacts
Finance
News
Cement Price Hike Pinches, Affordable Housing & Projects Face Cost Hurdles
- by BW Retail World Bureau
- April 10, 2024
Post the hike in cement prices across India, builders have opined that the trend will weaken the already slow demand for affordable houses as well as impact retail consumers, large-scale construction projects and infrastructure projects. Last week, cement majors in India announced a hike in prices in the range of Rs 10-15 per bag in […]
Finance
News
Retail
Retail Funding Dips 34% In Q1FY24 2024: Report
- by BW Retail World Bureau
- March 27, 2024
The retail sector received a total of USD 494 million in funding in Q1 2024 to date which is a 34 per cent drop compared to USD 751 million raised in the same period Q4 2023, according to a report by Tracxn. However, India Tech Quarterly Funding Report – Q1 2024 stated that it is […]
Economy
National
News
India Poised For Strong FY25: FinMin
- by BW Retail World Bureau
- March 23, 2024
The Finance Ministry on Friday stated that India’s economic prospects for the next fiscal year appear promising, citing an increase in private investment and a downward trend in inflation. According to the Monthly Economic Review, the inclusion of Indian bonds in the Bloomberg bond index starting from January 2025 is expected to bolster inflows into […]
Economy
Feature
News
India’s Q3FY24 Growth Surprises At 8.4%, But Experts Urge Caution
- by Sheikh Rishad
- March 2, 2024
Economists predict that the divergence between India’s industrial and service sectors will normalise in the next few quarters The Indian economy grew at an impressive rate of 8.4 per cent in Q3FY24, surpassing economists’ expectations of 6.6 per cent growth. However, it is important to interpret the headline growth figure with caution as there are […]
Brands
Companies
News
Birla Group Unveils “Birla Opus” Paints Brand, Aims For Rs. 10,000 Cr Revenue
- by BW Retail World Bureau
- February 22, 2024
Aditya Birla Group Chairman Kumar Mangalam Birla, on Thursday, unveiled products and services under its new decorative paints brand “Birla Opus”, aiming for Rs.10,000 crore gross revenue within three years of full-scale operations. This marks the Aditya Birla Group’s entry into the rapidly expanding Rs 80,000 crore Indian decorative paints market, with an unprecedented level […]
Export
Government
National
News
Govt Extends RoSCTL Scheme For Apparel Exports
- by BW Retail World Bureau
- February 2, 2024
The Union Cabinet has given the green light for the extension of the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) for the export of apparel/garments and made-ups. The approval comes to foster a stable policy regime, crucial for the long-term planning of trade, particularly in the textile sector where advance orders […]
Brands
Companies
News
Tata Motors Hikes Passenger Vehicle Prices, Effective 1 February
- by BW Retail World Bureau
- January 22, 2024
Tata Motors on Sunday stated that it will increase the price of all passenger vehicles, including electric vehicles (EVs), by 0.7 per cent. The price increase will take effect on 1 February 2024 to partially cover hikes in input prices, according to a release. “This increase will be effective February 1, 2024 and is being taken to partially […]
International
National
News
Trade
Swiss-India Free Trade Deal Finally Sealed After 16 Years Of Talks
- by BW Retail World Bureau
- January 22, 2024
After 16 years of negotiations, Switzerland and India have finally reached a consensus on a free-trade agreement, as confirmed by Swiss Economy Minister Guy Parmelin, reported Bloomberg. According to the agency, Parmelin travelled to India directly from the World Economic Forum in Davos to meet with Minister Piyush Goyal. As per the Swiss Minister’s post […]