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E-commerce companies garnered a gross merchandise value (GMV) of $1.8 billion, or Rs 11,500 crore, in the first three days of the six-day Puja season sales.

E-commerce sales garner Rs 11,500 crore in 3 days

According to the consulting firm, e-commerce is supposed to garner $3.7 billion, or Rs 24,000 crore, during the six-day...

4 Oct 2019 1:45 AM IST

Paytm Mall is giving top players like Amazon and Flipkart a run for their money with its 100 per cent cashback policy. Photo: Twitter| @PaytmMall

Rajasthan HC issues notices to Amazon and Flipkart

The court will hear the case on October 15 and by then all the parties will have to submit reply of the notice.

2 Oct 2019 1:47 AM IST

E-Commerce platforms helping Indian sellers.

New customers from smaller cities come to e-tailers rescue

The number of transacting customers from tier 2 and beyond doubled on day 1 over The Big Billion Days of 2018.

2 Oct 2019 1:42 AM IST

40% anticipate GDP growth to range between 6.5-7% in FY18 which is in line with various international organisations.

Hospitality RevPAR growth set to improve

Since demonetisation, the growth in Revenue per Available Room (RevPAR) had dropped from 5.5 per cent in 2016 to 1.9 per...

1 Oct 2019 2:14 AM IST

Homebuyers continued to be cautious in September quarter. Housing sales in the top seven cities declined 18 per cent against the same quarter last year. Even sequentially, September quarter sales were down 20 per cent compared to June quarter.

Housing sales dip 20 per cent in September quarter over June

Even sequentially, September quarter sales were down 20 per cent compared to June quarter.

1 Oct 2019 2:05 AM IST

The Centre has hiked import duty on edible oils to curb cheaper shipments and boost local prices for supporting farmers and refiners. (Photo: Pixabay)

Illegal edible oil imports on rise

The government had increased the import duty on edible oil to protect the domestic industry.

1 Oct 2019 1:50 AM IST

Conscious travellers have thus altered their choice of destination to opt for nature-based, eco-friendly and community-based tourism.

Short trip to small cities is new travel trend

Going by Oyo booking numbers, people are looking for short trips to new places to find balance between work and leisure.

27 Sept 2019 1:36 AM IST

Included in this festive month calculation is the Puja week, which starts from September 29 and ending by October 4.

Festive season may see Rs 45,000 crore online splurge

The six-day sales around Puja itself could garner sales of $3.7 billion or Rs 24,000 crore.

27 Sept 2019 1:32 AM IST

China has allowed imports of non-basmati rice from India and the first consignment of 100 tonnes will be shipped tomorrow from Nagpur, the commerce ministry said on Thursday.

Basmati rice exports to be muted this year

During the current fiscal, Basmati rice exports realisations stood at Rs 75,589/MT for 4M FY2020, only 2 per cent higher...

27 Sept 2019 1:26 AM IST

The Body Shop recently unveiled a giant artwork of a female Indian waste picker in Londons Borough Market. This has been made by using recycled plastic collected by waste pickers in Bengaluru.

Muted growth seen in plastic exports

The Y-o-Y growth in plastics exports is expected to remain tepid at best, finds a report by Drip Capital.

27 Sept 2019 1:24 AM IST

Life Insurance companies are expected to report strong first quarter earnings, as the individual new business premium (NBP) growth for them has been over 30 per cent.

Insurance policies become flexible

Premium table can be extended, list of day care procedures can be expanded and critical Illnesses covered can be added.

25 Sept 2019 1:32 AM IST

Exports during April 2019 have crossed Rs 4,400 crore which is a very encouraging sign, Shaktivel told reporters in Tirupur on Wednesday night. (Representational Image)

Apparel exports to US, EU slowing

Exports to European markets and the UK have declined by 2-3% YoY during the first four months of the fiscal.

25 Sept 2019 1:22 AM IST