The Open Network for Digital Commerce (ONDC), an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, launched the “ONDC Network Gift Card.”This network-level gift card is set to empower companies for corporate gifting and employee engagement, offering consumers the freedom to shop across […]
New data shows approximately 70 per cent of Indians are ready to spend more this Diwali, representing a marked 35 per cent increase from last year, according to the third Festive Pulse Survey conducted by global advertising technology leader The Trade Desk (Nasdaq: TTD). The planned increase in consumer spending is led primarily by consumers’ […]
A report on Thursday revealed that 54 per cent of consumers in India will engage in hybrid shopping, combining online and offline methods close to the heels of the upcoming festive season, Dusshera and Diwali. The study by InMobi found that 84 per cent of buyers have increased their online shopping budgets compared to last […]
Urban Indian consumer sentiment has rebounded by 3.1 percentage points in August 2023, as reported by the Refinitiv-Ipsos India Primary Consumer Sentiment (‘Consumer Confidence’) Index (PCSI). The monthly PCSI result, which is driven by the aggregation of the four weighted sub-indices, has surged for all 4 sub-indices: The PCSI Economic Expectations (“Expectations”) Sub-Index has moved […]
Shiprocket, an ecommerce enablement platform, launched a detailed trends report titled “eCommerce in the New Bharat and it’s Future” on Friday at its flagship event Shiprocket SHIVIR 2023 in New Delhi. The report was launched by Shiprocket’s CEO & Co-Founder, Saahil Goel, along with T Koshy, MD, & CEO of ONDC, and Bhaveh Pitroda, CEO, […]
Automaker Maruti Suzuki, has recalled 87,599 vehicles over a suspected defect in parts of steering tie rods, an official release of the company said. In a release, the automaker on Monday announced to recall 87,599 vehicles (S-Presso and Eeco) manufactured between July 5, 2021, and February 15, 2023. “It is suspected that there is a […]
The Indian coffee scene is changing and how. As per the statistics of the Coffee Board of India, the bold Robusta has taken over the humble Arabica in terms of domestic demand. According to the data for 2022, while Robusta took over 60 per cent of the market with a sale of 1,200,000 tonnes for […]
The Australian homeware brand has encountered both challenges and successes since its entry into the Indian market earlier this year. Pulkit Bansal, the Country Head of Anko India, highlighted the key challenges and consumer behavior differences between India and Australia, in an exclusive conversation with BW Retail World. “Most of our challenges have been pertaining […]
Vi, a telecom service provider, has joined hands with Truecaller, a global communications platform, to make communication with consumers more trusted, safe, and reliable. Amid the rising number of customer service frauds, it is imperative to ensure that customer interactions are safe and secure through trusted and verified communication from customer-centric businesses. As a part […]
Passengers carried by Indian domestic airlines during January-June 2023 were 760.93 lakhs, as against 572.49 lakhs during the corresponding period of 2022, Directorate General of Civil Aviation (DGCA) said. According to the DGCA, data domestic airlines registered an annual growth of 32.92 per cent and monthly growth of 18.78 per cent. Earlier on June 15, […]
