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Higher food prices raise India's Sept retail price inflation

India's sequential retail price inflation spiked in September to 7.34 percent from 6.69 percent in August, official data showed on Monday. Though non-comparable, India had recorded a retail price inflation of over 3 percent in the corresponding period of previous...

Pandemic-hit fashion retailers to see 35-42 pc revenue dip: ICRA

The Coronavirus outbreak has adversely impacted the credit profile of the Indian retail industry as consumers deferred their discretionary spends, amid the shutdown of malls across the country as well as closure of non-essential stores across most states in...

Logistics growth to be driven by e-commerce among other sectors: ICRA

The near-term growth of the COVID-19-battered logistics sector is expected to be driven by specific segments like e-commerce, ratings agency ICRA said on Monday. Citing how trends in online purchases and deliveries have picked up substantially post the lockdown, it...

Supply-Side Bottlenecks: August retail inflation expected to remain high on COVID impact

The COVID-19 induced supply-side constraints are expected to keep India's retail price inflation at an elevated level, consequently, eroding chances of a RBI lending rate cut. Accordingly, leading economists, pegged the range of consumer price inflation numbers for August at...

Coronavirus lockdowns to impact 45 pc of rated shopping centre portfolio, says ICRA

With several states announcing lockdown to curb the spread of COVID-19 pandemic, rating agency ICRA expects around 45 percent of the rated mall portfolio to be vulnerable. According to the agency, the rental income of the mall operators will be...

Cheaper food items pull Feb retail inflation down to 6.58 pc

Base effect, along with sequential decline in food prices eased India's retail inflation during February to 6.58 percent from January's 7.59 percent. However, the consumer price index (CPI), or retail inflation, was at 2.57 percent in the corresponding month of...

Credit rating agency ICRA upgrades long term rating on Baba Ramdev's Patanjali Ayurved

Credit rating agency ICRA has upgraded long term rating on Baba Ramdev-led Patanjali Ayurved Ltd (PAL) to enhance degree of adequate safety with stable outlook citing the company's 'robust revenue growth in FY 2016' and increased brand penetration. "ICRA has...

World Bank report paints positive picture of Indian business

A rather positive picture of doing business in India was today painted by a World Bank official who said India could jump 55 places if best regional practices are adopted nationwide. Participating in a panel discussion on “Doing Business 2008”...
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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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