The report states the consumer durables sector in India has achieved a 10 per cent compound annual growth rate (CAGR) between the financial year 2019 (FY19) and FY24
The report highlights that a single year of poor performance can wipe out profits accumulated over several years, especially for retailers managing rapidly depreciating inventory
Kotak states that the protection for domestic players in the domestic market is ‘very dangerous’ in the longer run
As part of this initiative, members of the Retailers Association of India (RAI) will be encouraged to extend special offers to customers who exercise their franchise on 20 November 2024
Union Minister For Commerce and Industry Piyush Goyal announced on Thursday that the National E-commerce Policy is in its final stages of discussion and is poised for imminent announcement. Addressing the media at a press conference, Goyal stated, “It is in the final stages of discussion at the highest level in the government. We hope […]
Oyo has unveiled plans to prepay a substantial portion of its debt totaling Rs 1,620 crore through a buyback process. The company, on the brink of an IPO, is set to repurchase 30 per cent of its outstanding Term Loan B (TLB), the company revealed to Bloomberg. The debt repayment, slated for June 2026, follows […]
A G7 statement announcing a ban on imports of Russian diamonds is expected by the end of this month, followed closely by a proposal for the European Union’s 12th package of sanctions on Russia, diplomatic sources said. “We now need the final blessing of the G7 before then translating these elements in legal texts at […]
India will spend nearly Rs 143 lakh crore on infrastructure in seven fiscals through 2030, more than twice the Rs 67 lakh crore spent in the previous seven starting fiscal 2017, Crisil has said. Of the total, Rs 36.6 lakh crore will be green investments, marking a five times rise compared with fiscals 2017-2023. Amish […]
The Bank of Baroda in a report has said that India’s growth story is expected to maintain its resilience led by festival demand. This is expected to pump up growth in this quarter. Inflationary concerns ebbed slightly as major price data showed signs of respite with vegetable prices correcting in September 2023, as well as […]
The Food and Agriculture Organization of the United Nations (FAO) raised its forecast for global cereal production in 2023 to 2 819 million tonnes, now 0.9 percent higher than the previous year. The higher forecast is almost entirely based on recent and more positive yield estimates for the Russian Federation and Ukraine compared to earlier […]
