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D S Rawat

Rise in food prices accelerates India's wholesale price inflation

An exponential rise in food prices accelerated India's annual rate of inflation based on wholesale prices to 3.59 per cent in October. According to data from the Ministry of Commerce and Industry released on Tuesday, the wholesale price index (WPI),...

Chinese products sales may decline 40-45 pc this Diwali: Assocham

Be it decorative items like lights, gift items, lamps and wall hangings or other product, the sale of Chinese products is likely to decline by 40-45 per cent this Diwali as compared to last year, a survey by Assocham-Social...

ASSOCHAM, Tally tie up to simplify GST for retail community

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Tally Solutions Pvt. Ltd., the premier Indian software product company, have signed a Memorandum of Understanding (MoU) to demystify, educate and train the retail community for the roll...

Consumers expected to splurge Rs 25,000 crore in online festive shopping

With e-commerce giants offering heavy discounts, Indian consumers may splurge nearly Rs 25,000 crore in the upcoming festive season, according to a report. "This is expected to be the busiest festive season for e-commerce companies as Indian consumers are likely...

Low wages a bane for gems and jewellery industry: Report

Average salary in India's gems and jewellery industry, at Rs 2.52 lakh per annum, is lower than that of other industries like pharma and capital goods, leading to acute labour shortage in the sector, says a report. According to a...

India's luxury market to break all-time record in 2016: Study

Given the rising brand awareness among Indian youth and purchasing power of the upper income consumers in tier II and III cities, Indian luxury market is expected to cross US $18.3 billion by 2016 from the current level of US $14.7...

E-commerce market to touch $38 bn in 2016, mobiles preferred medium: Study

The e-commerce market in India is expected to touch the US $38 billion mark in 2016, a huge 67 per cent jump over the US $23 billion revenues for 2015, according to an ASSOCHAM report. "India's e-commerce market was worth...

Packaged food market set to rise to USD 50 bn by 2017: ASSOCHAM

The size of packaged food in India is set to witness a quantum jump to USD 50 billion by 2017 from the present level of USD 32 billion growing by a CAGR of 35 per cent due to increasing...

Rise in tomato prices boost demand for puree, ketchup by 25 pc: Survey

Due to steep rise in prices of tomatoes, more and more consumers have turned to ‘quick-fix solutions’ such as tomato purees/ ketchups, demand for which has shot up by 20-25% within two weeks, according to a new survey by...

Festive spends down by 43 pc: ASSOCHAM

On the back of high prices of daily food items, coupled with education cost and a grim job market scenario, middle and lower income families to spend less by 43% this festive season than last year, reveals a new...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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