Retail rss

News from B2B businesses in the retail sector

Vote on Account 2014: How FDI, PPP models have propelled aviation sector to soaring heights

February 20, 2014

The Indian aviation sector has shown consistent growth in the last ten years. According to FICCI-KPMG 2012 report, the industry’s passenger traffic grew to 14.4 crore in FY2011 from 7.3 crore in FY2006. One of the major factors that contributed to this growth is completion of airports through public private partnership mode. In the last ten years,… Read More ›

Cool move to beat poll heat: ACs, fridges to get cheaper

NEW DELHI: There may be good news for those of you planning to buy air conditioners and refrigerators this summer as the finance minister proposed a 2% cut in excise duty for a range of consumer durable products in the interim budget. Excise duty on products ranging from vacuum cleaners to food mixers and microwaves will come… Read More ›

Online shopping hits record high

Factors like spiraling inflation and slower economic growth failed to dampen the online shopping trends of Indian consumers and have witnessed a significant change in 2013, recorded 85% rise in online trends over the regular shopping than last year (65%), revealed a research paper released by ASSOCHAM recently. “The increasing internet penetration and availability of more… Read More ›

A power shift towards emerging markets

The size of the global economy doubled in the decade preceding the 2008-09 financial crisis, increasing from $31 trillion in 1999 to $62 trillion in 2008. The growth encompassed dozens of developing countries and emerging economies. The rise of India along with other major emerging economies coincided with their push into the world’s richest markets… Read More ›

Retail investors shun direct mutual plans

Retail investors remain wary about direct plans of mutual funds despite their better returns. The direct plans are aimed at investors who do not wish to use the services of an intermediary — that is, an agent who earns commissions. Direct plans were introduced in January last year. During the October-December quarter, the share of… Read More ›

Defence FDI okay, not retail; scrap coal blocks: Jaitley

Bhartiya Janata Party (BJP) continues to oppose the opening of retail sector to foreign investors as it will affect millions of small traders and result in job losses. Speaking to CNBC-TV18’s Shereen Bhan, about BJP’s economic policies, BJP spokesperson Arun Jaitley said the party is against allowing FDI in multi-brand retail but may selectively accept… Read More ›

Indian retail market set to touch $865 billion by 2023

MUMBAI, JAN 27: Foreign direct investment (FDI) by multinational food processing companies has shot up to $2.14 billion in the country between April and October 2013, and continues to increase significantly. The Indian retail market, currently estimated at $490 billion, is project to grow at a compounded annual growth rate of 6 per cent to… Read More ›

Retail policy should be encouraging to all players

India has to have a policy that allows foreign players as well as the local players to grow, allowing local businesses to learn the best practices, said retail market expert Venkatesh Shankar. Speaking on the sidelines of Guru Speak 2013-14, a seminar organised by IIM Calcutta Alumni Association, Chennai chapter, Shankar, Coleman Chair Professor in marketing, said, “Indian… Read More ›

Organised retail space supply up 78% YoY in 2013

NEW DELHI: The supply of organised retail real estate space in the country grew 78 per cent year-on-year in 2013 on the back of positive demand from retailers.  According to property advisory firm CBRE, demand from international and domestic brands as well as retailers continued to strengthen throughout 2013 with the second half of the… Read More ›

Retail inflation for farm, rural workers soften in December

Retail inflation for farm workers and rural labourers fell to 11.19 per cent and 11.18 per cent respectively in December due to easing of food prices. The respective rates of price rise were 13.43 per cent and 13.27 per cent in November last year. The overall Consumer Price Index-Agricultural Labourers (CPI-AL) and Consumer Price Index-Rural… Read More ›