Companies Interviews News

Gen Z Is Key Driver in Shaping India’s Booming Men’s Grooming Industry

Over the last 5 to 6 years, we’ve witnessed a significant surge in demand for men’s grooming in India with a current growth rate of 11- 13 per cent.   The shift is driven by increased awareness among men about their appearance and grooming standards, stated Prannay Dokkania, Managing Director & COO- Lloyds Luxuries in an […]

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Companies National News

Debt of Indian Firms Grows At 7.4% CAGR In Last 5 Years

The Bank of Baroda in a report has said that in the last five years, the debt of Indian Inc has grown at a compound annual growth rate (CAGR) of 7.4 per cent. From Rs 62 lakh crore in FY18, the total debt of India Inc. increased to Rs. 75.7 lakh crores in FY20. The […]

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Piyush Goyal Unveils Foreign Trade Policy 2023, Expects Exports To Touch USD 2 Trillion By 2030

Union Minister for Commerce and Industry Piyush Goyal while unveiling Foreign Trade Policy 2023 on Friday expressed confidence in India touching exports worth USD 2 trillion by 2030. “By 2030, we will export USD 2 trillion in services and merchandise. All embassies will help exporters in exports,” he said. The Directorate General of Foreign Trade […]

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Brands E-commerce & Marketplaces News

Alibaba Reports Higher-than-anticipated Quarterly Revenue

Alibaba Group Holding announced higher-than-expected quarterly revenue on Thursday, as the Chinese e-commerce giant benefitted from the country’s relaxation of Covid-19 restrictions. The firm has withstood China’s sluggish economy, which just loosened its zero-COVID policy last December after three years. Sales increased 2 per cent to 247.76 billion yuan (USD 35.92 billion) in the fiscal […]

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