Tuesday, September 26, 2017
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New York wants to woo Amazon for its next headquarters

New York wants to woo Amazon for its next headquarters
New York is hoping to woo retail giant Amazon to open its headquarters in the city, reports said."New York city believes it is a...

Now get Amitabh Bachchan-themed jukebox

Now get Amitabh Bachchan-themed jukebox
Ricatech, a luxury audio electronic brand from the Netherlands, will launch a limited edition megastar Amitabh Bachchan-themed signature jukebox.The limited edition jukebox will give...

India’s wholesale inflation in August accelerates to 3.24 per cent

India's wholesale inflation in August accelerates to 3.24 per cent
A massive jump in food prices pushed up India's wholesale price-indexed (WPI) inflation in August at 3.24 per cent to nearly double that of...

Milk content increased by 8 per cent in new Milkybar: Nestle...

Milk content increased by 8 per cent in new Milkybar: Nestle India
Trying to improve the nutritional profile of its chocolate products, Nestle India has re-introduced 'Milkybar' with its milk content increased by 8 per cent.The...

Amazon.in sale from September 21-24

Amazon.in sale from September 21-24
Amazon.in will be holding its sale -- Great Indian Festival -- from September 21-24, a company statement said here on Wednesday.The sale will start...

Hollywood star Will Smith’s son, actor Jaden Smith to open restaurant

Hollywood star Will Smith's son, actor Jaden Smith to open restaurant
Hollywood star Will Smith's son, actor Jaden Smith has announced that he will be opening his own restaurant soon.The 19-year-old star is an actor...

iPhone 8, 8 Plus to retail in India from September 29

iPhone 8, 8 Plus to retail in India from September 29
Retail major Brightstar India on Wednesday said iPhone 8 and iPhone 8 Plus would be available for pre-orders starting September 22 at its authorised...

US designer Christine Storm to make her India debut with golf,...

Christine Storm to make her India debut with golf, resort wear line
US based designer and also a known National recording artist Christine Storm is on her second India visit to launch her golf and resort...

Food prices push India’s retail inflation higher in August

A rise in food prices pushed India's annual retail inflation higher in August, official data showed on Tuesday. According to the data furnished by the Ministry of Statistics & Programme Implementation, August's consumer price index (CPI) inflation shot-up a full one percentage point to 3.36 per cent from a rise of 2.36 per cent in July. On a sequential basis, the country's Consumer Food Price Index (CFPI) rose to 1.52 per cent during the month under review when compared to July 2017. However, on a year-on-year (YoY) basis, the country's August retail inflation was lower than the 5.05 per cent CPI rate reported for the corresponding month of last year. The YoY CPI in urban areas ruled higher at 3.35 per cent, whereas in rural India it rose by 3.30 per cent. As per the ministry's data, retail inflation on a YoY basis edged higher due to a rise in the prices of food items like vegetables, cereals, milk-based products, meat and fish. The data on a YoY basis showed that vegetables in August became costly by 6.16 per cent, while cereals prices rose by 3.87 per cent. Other notable categories such as milk-based products became dearer by 3.58 per cent and meat and fish recorded a rise of 2.94 per cent. Food and beverages during the month under consideration recorded a rise of 1.96 per cent over the same ‘ Among non-food categories, the "fuel and light’ segment's inflation rate accelerated to 4.94 per cent in August.
A rise in food prices pushed India's annual retail inflation higher in August, official data showed on Tuesday.According to the data furnished by the...

Bridging the gap: E-commerce platforms pave way for SMEs to sell...

Bridging the gap: E-commerce platforms pave way for SMEs to sell products
Aiming to ease hurdles faced by small sellers to showcase products online, many e-commerce platforms are offering incentives to bridge the gap by removing...
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