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Budget 2024: Retailers React

What do different players from the retail industry ecosystem in the country have to say about about the #ViskitBharatBudget 2024Even as the ruling government is branding the Budget2024 presented by Finance Minister Nirmala Sitharaman as the ##ViskitBharatBudget, it lacks...

India is seeing growth in the economy due to Indian entrepreneurs – Shopify Entrepreneurship Index

The data in the study highlights that Indian entrepreneurs see double-digit growth in their impact on GDP and employment New Delhi: Shopify, a global commerce company, the Shopify Entrepreneurship Index highlighting the remarkable growth and impact of Indian entrepreneurs on the...

Govt likely to announce retail trade policy, accident insurance scheme for GST-registered traders soon

The proposed policy would help provide better infrastructure and more credit to the traders as retail trade is the only vertical of the economy which does not have a policy so far New Delhi: The government is expected to announce a...

Twitter closes offices in Delhi, Mumbai; staff asked to work from home

The closure of the two offices in key locations comes as the platform has initiated a massive cost cutting drive globallyNew Delhi: Amid layoffs and a severe cost-cutting, Twitter has closed offices in Delhi and Mumbai and asked staff to...

WayCool Foods inks MoU with Zuari Farm Hub

The collaboration aims at solidifying the utilisation of crop care and crop nutrition products by offering a one-stop solution to the farm economy Chennai: Food and agri-tech supply chain company WayCool Foods has signed a 'strategic collaboration' with agricultural player Zuari...

Retail: What the industry says about Budget 2023

Reactions from industry captains on announcements in the current Budget that will have a bearing on retail businesses New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on February 1, 2023. In the last full-fledged...

Budget 2023: Aastha Almast of The New Shop on what the industry needs to grow

More money in the hands of the consumers tops the Budget 2023 wishlist of Aastha Almast, co-founder and chief business officer of The New Shop New Delhi: Retail is the gateway to consumption, which in turn helps boost a country’s...

India Inc may pay 9.8% salary hike in 2023; retailers 9%: Korn Ferry

A survey that covered 818 organisations with more than 800,000 incumbents noted that salaries are set to increase by 9.8 percent in India in 2023New Delhi: India Inc is likely to see an average salary increment of 9.8 percent...

FMCG industry hopes to recover lost volume, margins in 2023; to shrug off shrinkflation

The surge in raw material costs following the war in Ukraine pushed several FMCG companies to adopt  shrinkflation to ensure there is no impact on the fragile recovery in demandNew Delhi: Shrinkflation or reducing the size or quantity of a...

E-commerce-related consumer complaints on National Consumer Helpline double in a year

The number of complaints registered on the National Consumer Helpline (NCH) has gone up to 90,000 in November compared to 40,000 in the same month last year Bengaluru: The number of complaints registered on the National Consumer Helpline (NCH) has more...
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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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