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India Inc hails model guidelines on direct selling

The Centre's announcement of model guidelines for direct selling, which is expected to boost entrepreneurship and spur growth in the country, has been hailed by India Inc. India Inc. termed the move, announced on Monday, as progressive and said it...

India’s retail sector to double to $1.2 trillion by 2020: FICCI-PwC Report

A joint report released by lobby group Federation of Indian Chambers of Commerce and Industry (FICCI) and consultancy company PricewaterhouseCoopers has said that by 2020, India’s retail sector is expected to double to $1.1-1.2 trillion from $630 billion in 2015. The report,...

Unified policy for FMCG, retail, e-commerce: Amitabh Kant

Over the last two years, the Modi Government has come out with several changes in India's retail policies. From easing FDI norms to giving the green signal to the long-stalled GST bill, the past few months have witnessed the Government's determination to...

Direct selling market in Delhi to reach Rs 15-20 billion by 2025

The market size of the direct selling industry in the national capital could reach Rs 15-20 billion by 2025 on account of increasing income of middle class households, a report said. The FICCI-KPMG India report said that the direct selling...

E-commerce in India to touch USD38 bn, but will it be a smooth ride?

A recent report by Industry body ASSOCHAM states that India's e-commerce market is likely to touch the USD38 billion mark in 2016, a huge 67 per cent jump over the USD23 billion revenues for 2015, making it one of...

Despite contained CPI, food inflation hit Indians hard in 2015

Inspite of the Consumer Price Index (CPI) hovering around a modest rate of 3.6 to 5.4 per cent , and the Wholesale Price Index (WPI) staying in the negative, prices of grocery staples and fresh produce touched prohibitive highs...

Direct selling can touch Rs 64,500 cr by 2025: study

The direct selling industry in India, which was currently valued at Rs 7500 crore in fiscal 2013-14, has the potential to reach Rs.64,500 crore in revenue by 2025, according to a joint study by industry body Federation of Indian...

Shahnaz Husain nominated Seychelles Cultural Ambassador

Shahnaz Husain, nominated Cultural Ambassador for Seychelles, was invited to attend the business session with His Excellency James A Michel, Hon’ble President of the Republic of Seychelles and his business delegation. The business session was organized by CII, FICCI...

Consumer packaged goods, retail must follow SMART policy for growth: Report

India’s consumer packaged goods and retail sectors may not be able to sustain the high growth path solely on consumption-led demand in the wake of structural bottlenecks, said a report prepared by FICCI and advisory firm KPMG released recently. The...

Nalini Naegamvala: Mentoring the under privileged

I am a firm believer of ‘paying it forward’ and I practice this dictum almost everyday. When I started this business 40 years ago, newly married and out of a job as cabin crew with Air India (as back...
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Footwear brand Trase reacquired from Upscalio, raises $0.5mn

Trase was acquired by Upscalio in 2021 as part of its strategy to build a diversified portfolio of brands...
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