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Export of plain gold jewellery to Turkey zoomed multiple times to $54.31 million in April-December 2019 against a meagre $2.79 million during April-December 2018, as per the data of Directorate of General of Foreign Trade.

G&J sector will have to explore Asean markets to grow exports

According to him, the middle class population in these markets are increasingly spending on consumption items.

4 Sept 2019 12:58 AM IST

Retail chains have reported muted same store sales growth (SSSG) in the June quarter and the SSSG in the September quarter too is expected to remain soft due to the ongoing macroeconomic slowdown.

Retail sales to stay soft this quarter

At 4.1 per cent in Q1 FY20, Jubilant Foodworks saw the lowest SSG in nine quarters and the growth was 25.9 per cent in...

4 Sept 2019 12:51 AM IST

The government last year relaxed FDI norms in over a dozen sectors

New FDI norms in single brand retail to increase exports

Massive capital is required for setting up a physical store vis- -vis online platforms.

2 Sept 2019 1:16 AM IST

Cyrus Poonawalla with his son Adar and daughter-in-law Natasha (Photo: Hello! India Magazine)

The Vaccine King

Poonawalla's family is well known in the horse racing circuit as his father Soli Poonawalla had started a stud farm in...

1 Sept 2019 12:01 AM IST

FMCG prices will go up once some of the costlier alternative materials are used.

No solution yet on multi-layered FMCG packaging waste

But concerted efforts to address this waste management issue are still missing.

31 Aug 2019 1:48 AM IST

The purported letter written by Siddhartha before his death contained statements alleging harassment by the income tax department and pressure from private equity partners.

CCD ropes in retired CBI DIG for probe

Ashok Kumar Malhotra, retired DIG of CBI will also scrutinize the books of accounts of the company and its subsidiaries.

31 Aug 2019 1:41 AM IST

The GR also said the Rs 10,000 loan would be given only to those who want to sow crops for the Kharif season.

Kharif production likely to drop 3 to 5 per cent this year

Delayed onset of monsoon has already led to a sharp 6.4 per cent decline in paddy sowing as on August 22.

30 Aug 2019 1:34 AM IST

Retail FDI norms to increase exports

Some of the reluctant retailers can now enter the market by testing the waters through the online channel.

30 Aug 2019 1:24 AM IST

In the face of a slowdown in consumption, fast moving consumer goods (FMCG) companies have gone for selective cuts and hikes in product prices, based on the mixed trends in raw material prices and consumption pattern.

FMCG firms tweak prices to combat slowing consumption

Market leader Hindustan Unilever (HUL) has cut the prices of soaps but has raised face wash prices.

29 Aug 2019 12:59 AM IST

Despite being ranked fifth in Asia-Pacific region for rise in prime office rentals in Q2 2019, Bangalores growth has slowed down to single digits, indicating lower spending by the IT and ITeS sector.

Slowdown hits office rental growth

The elbow room for increase in rental is highly limited in the near-term, said Parth Mehta, Managing Director, Paradigm...

28 Aug 2019 2:53 AM IST

Auto sector employs over 35 mn, contributes more than 7 per cent to GDP and accounts for 49 per cent of manufacturing GDP.

Auto sector supports recycled aluminium

Better cost economics of recycled aluminium has supported its consumption in India.

28 Aug 2019 2:49 AM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

Gold touches Rs 40,000

While gold in the Mumbai spot market crossed Rs 40,000, in the New Delhi market, it rose to Rs 39,670, gaining Rs 720...

27 Aug 2019 1:41 AM IST