Accountability Of Ecommerce Platforms Must Be Fixed: Cait Secretary General
Praveen Khandelwal notes that the nation’s economy, traders, and consumers cannot be held hostage by the irresponsible conduct of unregulated online platforms
Companies
Consumer
E-commerce & Marketplaces
Brands
Companies
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FSSAI Confirms McDonald’s India Uses 100% Real Cheese Following Allegations Of Substitute Use
- by BW Retail World Bureau
- March 5, 2024
The Food Safety and Standards Authority of India (FSSAI) has confirmed that McDonald’s India utilises 100 per cent genuine cheese, Westlife Foodworld stated in a regulatory filing on Tuesday. “The verification confirms the brand’s assertion that it uses 100% Real Cheese and that it does not use any cheese analogues or substitutes in any of […]
Brands
Companies
Electronics
News
Apple Opens Up iPhones, iPads To Other App Stores In Response To EU Regulations
- by BW Retail World Bureau
- March 4, 2024
Tech major Apple will allow iPhones and iPads access to other app stores to comply with European Union (EU) technology regulations. The company announced this on Friday following which several government agencies in the EU and other regions have expressed worries regarding security threats. Starting from 7th March, Apple under the Digital Markets Act (DMA) […]
Brands
Companies
Finance
News
CAIT Warns Traders To Switch From Paytm After RBI Restrictions
- by BW Retail World Bureau
- February 5, 2024
Amid the ongoing controversy, the Confederation of All India Traders (CAIT) has issued a cautionary advisory to Indian traders to switch from Paytm to other payment apps in light of Reserve Bank of India (RBI) restrictions. Recently, RBI in the exercise of its powers under section 35A of the Banking Regulation Act, 1949, had directed […]
Government
Manufacturing
National
News
States
India’s Manufacturing Market May Hit $1 Tn By 2025-26, Gujarat To Become Powerhouse
- by BW Retail World Bureau
- December 14, 2023
The manufacturing sector in India has been witnessing proliferating growth in investment, depicting a crucial phase in the country’s economic arena. As per the published dossiers by the Department for Promotion of Industry and Internal Trade (DPIIT), the manufacturing sector engrossed substantial Foreign Direct Investment (FDI), with FDI equity inflows tallying around USD 17.51 billion […]
Companies
Government
Health
News
India Drugs Regulator Orders Quality Checks On Cough Syrup Ingredient
- by BW Retail World Bureau
- December 12, 2023
India’s drugs regulator has ordered that the source and quality of an ingredient used to make cough syrups be checked and verified as a “top priority”, in the wake of the deaths of at least 141 children globally. In one of the world’s worst such waves of poisoning, cough syrups made by three Indian manufacturers […]
Feature
Food & Beverage.
International
News
Surge In Global Coffee Consumption Outpaces Production
- by Amisha Sharma
- September 26, 2023
The global coffee industry has seen remarkable expansion in recent years, with growing demand for coffee surging by 28.6 million kilogram bags, far exceeding production, Vanusia Nogueira, Executive Director, International Coffee Organisation told BW Retail World. In the past three years, coffee production and consumption have surged, leading to a deficit in the market, she […]
Government
National
News
Technical Textile Market In India To Double In Next 5 Years
- by BW Retail World Bureau
- July 26, 2023
The technical textile segment in India has in recent years shown robust growth, both internationally and in the domestic market, and the market is likely to double in the next five years, said Rachna Shah, Secretary, Ministry of Textiles. “Within India, the market size is around USD 22 billion, and the goal of the government […]
Companies
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International
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India Rejects BYD’s $1 Bn Manufacturing Plant Proposal Due To Security Concerns
- by BW Retail World Bureau
- July 24, 2023
The Indian government rejects BYD’s USD 1 billion manufacturing plant proposal in India due to security concerns, reported a media house. The Chinese automaker had intended to produce electric vehicles (EVs) and electric batteries in India in collaboration with an Indian EV company, Megha Engineering and Infrastructure. Security concerns regarding Chinese investments in India were […]