Demonetization

Considering the size of the population and year-on-year spurt in per capita spending of emerging middle class makes the Indian retail sector one of the biggest sectors in the India economy. A feather in the cap is the emerging...

2017 will be a defining year for Flipkart as the company is looking to take "decisive lead" in the Indian market, its co-founder Sachin Bansal has said. According to a PTI report: The company, which recently announced top-level changes, said...

The overall performance of the consumer goods sector will be adversely impacted by demonetization as consumers curtailed spending following lesser currency notes in circulation, JM Financial said in its report. "The quarter began on a promising note for most businesses,...

Demonetization has taken the country by storm and affected every business sector in some way or the other. In a bid to understand its repercussions on the F&G industry, Progressive Grocer India spoke to two industry stalwarts - Bigbasket's Seshu...

One of the boldest moves taken by the Government of India in the history of Indian economy was the pulling out of circulation, high value currency notes - Rs 1,000 and Rs 500 - with effect from November 8, 2016...

Rising disposable income coupled with growing interest from institutional investors is giving a boost to developers to take up retail malls space building which is expected to touch around 11 million sq. ft. in 2017 across top eight cities,...

Domestic mobile wallet platform MobiKwik on Thursday announced it will set up offices in 13 cities by the end of the first quarter of 2017 and hire over 1,000 people to drive business growth. The expansion will enable 150 million...

Fast moving consumer goods companies are likely to report a 5-6 per cent drop in net profit during the third quarter due to the hit on sales that they witnessed post-demonetization drive in the run-up to the earnings season...

The Reserve Bank has allowed White Label ATM Operators (WLAOs) to source cash from retail outlets as they are facing difficulties in getting cash from banks post demonetization. According to a PTI report: Following demonetisation, most of the white label...

The increasing use of digital technologies in buying and selling merchandise for convenience and mobility pushed e-commerce in India to an inflection point in 2016. The rapid growth of smartphones and internet connectivity across the country, especially in tier-II and...