ICRA
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Gold Jewellery industry to sustain growth in FY2025: ICRA
Organised jewellers are expected to expand their retail network by 16-18% in FY2025.New Delhi: ICRA expects the domestic gold jewellery industry to maintain its growth momentum in FY2025, with consumption in value terms projected to grow by 14-18% year-on-year,...
Fashion & Lifestyle
Rise in gold prices to restrain jewellery consumption growth to 6-8% in FY2025: ICRA
Gold prices rose 14% in FY24 on a YoY basis, and the current prices are higher by 19% over the FY24 averageBengaluru: Domestic jewellery consumption growth (in value terms) is expected to moderate to 6-8% in fiscal year (FY)...
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Retail inflation eases to 11-month low of 4.83% in April
PTI -
The central bank has projected the CPI inflation for 2024-25 at 4.5%New Delhi: Retail inflation eased to an 11-month low of 4.83% in April as prices of some kitchen items declined though overall food basket firmed up marginally, according...
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Indian road logistics industry revenues to grow at 3-6% in FY2025: ICRA
PTI -
The operating profit margins are expected to remain range-bound at 10.5-12.5 per cent in FY2025 as concerns on cost inflation persistNew Delhi: The Indian road logistics industry's revenue will remain range-bound and grow at a slower pace of 3-6...
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Dhanteras gold demand likely to stay robust amid anticipated bull market
PTI -
Compared to last year's Dhanteras, gold prices have jumped 22 per cent and silver prices by 21 per cent, respectivelyKolkata: A strong appetite for gold on Friday's Dhanteras is expected this year due to auspicious reasons and geopolitical concerns,...
Fashion & Lifestyle
Indian fashion retailers to witness revenue growth of 10% in FY24: Report
Following a 51% YoY (year-over-year) revenue growth in the fiscal year 2023, the fashion retail industry is anticipated to experience a slowdown in the current fiscal year due to inflationary pressures, according to ICRA
Bengaluru:Â Demand pressures and inflationary headwinds are...
Fashion & Lifestyle
Organised jewellery likely to witness 12-15% growth in revenue in FY24: report
PTI -
Icra expects industry growth to moderate to 8-10% YoY (in value terms) in FY24 with volume growth likely to remain constrained by expected volatility in gold prices amidst global macro-economic uncertainties and evolving domestic inflationMumbai: The organised jewellery retailers...
Big Grid
Top 5 QSR players in India to add 2,300 stores in FY2023-25: ICRA
The stores will be added with an estimated capex at around Rs. 5,800 crore (excluding refurbishment) for this period, twice that of the levels seen during the pre-Covid era, as per ICRAMumbai:Â The top five players in the domestic quick-service...
Consumer Durables & IT
Scorching summer to boost AC volume by 15-20% this fiscal: Report
PTI -
The Air Conditioner (AC) makers are expected to register an operating profit margin of 8.8-9.2% in FY24Mumbai: On the back of a record 26-28% volume growth in FY23, the air conditioner market is set to log in another healthy...
Fashion
Fashion retail entities expected to see 45% revenue growth in FY23: ICRA
The sales growth will led by a pick-up in discretionary spending and normalisation of store operations, post-pandemic
Bengaluru:Â Fashion retail entities are expected to witness an encouraging 45% year-on-year (YoY) increase in sales in fiscal year (FY) 2023, as per a...
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Tribe Amrapali launches 31st store in Srinagar
The latest outlet marks the brand’s 31st store in India, following the opening of its 30th store in Agra...
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