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Amazon, FICCI-CMSME tie-up to help Indian exporters

E-commerce giant Amazon India on Friday said it has tied-up with FICCI-Confederation of Micro, Small and Medium Enterprises (CMSME) to promote business-to-consumer (B2C) exports in the country and enable Indian exporters to sell globally. The company said it will conduct...

Rise in food prices accelerates India's wholesale price inflation

An exponential rise in food prices accelerated India's annual rate of inflation based on wholesale prices to 3.59 per cent in October. According to data from the Ministry of Commerce and Industry released on Tuesday, the wholesale price index (WPI),...

Indian retail may almost double by 2021: Report

Indian retail industry, growing at 10 per cent, may almost double to Rs 85 trillion (lakh crore) by 2021 steered by consumer data and technology disruptions, says a joint report by Ficci and Deloitte. According to the report, consumer data...

Retail inflation falls to record low, factory output dips

India's annual retail inflation eased to a record low of 2.18 per cent in May, and the country's factory output growth also marginally slowed to 3.1 per cent in April from 3.75 per cent during the month before, official...

India's wholesale price inflation in March falls to 5.70 pc

India's annual rate of inflation based on wholesale prices softened in March at 5.70 per cent after having risen to over a three-year high of 6.55 per cent in February on rising food and fuel prices, official data showed...

GST's tax collection at source will hurt sellers: E-commerce players

Admitting that the proposed Goods and Services Tax (GST) is a key reform which will simplify the tax compliance, the e-commerce players on Thursday, however, said the proposed tax collection at source will hurt lakhs of small sellers by...

FICCI survey on e-pharmacies in India: Last mile access to medicines

India is experiencing a rapid transition with the rising burden of chronic non-communicable diseases (NCDs) which currently accounts for around 60 per cent of the total deaths. Rapid urbanization, increased motorization, mechanization and sedentary lifestyle, especially among the working age...

India Inc. welcomes move to demonetize Rs 500 and Rs 1,000 notes

India Inc. on Tuesday welcomed the Government's decision to demonetise the Rs 500 and Rs 1,000 notes from Tuesday midnight. This is a master stroke by the BJP government and a very bold move indeed. Even though this is not...

Business confidence up, demand gains strength: FICCI survey

The Overall Business Confidence Index (OBCI) rose to a six-quarter high and demand side in the economy is gradually gaining strength, a FICCI survey said on Wednesday. The index value stood at 67.3 in the current survey as against 62.8 in...

Rajasthani handloom products to be available on Flipkart, Amazon, Snapdeal soon?

Rajasthan State Handloom Development Corporation (RHDC) is in discussion with e-commerce giants like Flipkart and Amazon to market products made by artisans in the state. "We are in discussion with Flipkart, Amazon and Snapdeal so that our market becomes more...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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