In a remarkable decision, the Indian Government has increased the onion buffer stock to five lakh metric tonnes this year, surpassing the initial procurement goal of three lakh metric tonnes. To achieve this supplementary target, the Department of Consumer Affairs has instructed the NCCF and Nafed to acquire one lakh tonnes each, while also efficiently […]
On Friday, the FTSE 100 exhibited further weakness, with London’s major retailers affected by disappointing retail data for July, as reported by the Office for National Statistics. Retail sales volumes fell by 1.2 per cent during the month due to adverse summer weather conditions. Consequently, leading high street companies like JD Sports, Frasers, and M&S […]
Automobile retail sales in India witnessed double-digit growth of 16 per cent in February, the Federation of Automobile Dealers Associations (FADA) said on Monday. All categories also witnessed double-digit growth with 2-wheeler, 3-wheeler, passenger vehicle, tractor and commercial vehicles growing by 15 per cent, 81 per cent, 11 per cent, 14 per cent and 17 […]
Blinkit, owned by Zomato, announced on Wednesday that it has partnered with homegrown audio brand boAt to deliver headphones and other accessories to people’s doorsteps in Delhi-NCR, Mumbai, Kolkata, and Bengaluru in minutes. Blinkit co-founder and CEO Albinder Dhindsa said in a statement that boAt is extremely popular, and Blinkit is delighted to have them […]
Indian retail industry saw a 19 per cent jump in sales during the April-November 2022 period over the pre-pandemic levels, according to Retailers Association of India (RAI). The eastern region clocked the highest growth rate at 21 per cent as compared to the same period in 2019. North India followed with a 19 per cent growth, while both western […]
