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New coronavirus SOP to inflate retailers' cost up to 35 percent: Rakesh Biyani

The operating cost of retailers would increase by up to 35 percent after following the new standard operating protocol (SOP), which includes implementing social distancing and a token system at stores, introduced in the wake of coronavirus pandemic, Rakesh...

‘Provide wage subsidy, loan moratorium to retailers for 6-9 months’

As the country's retail sector is near standstill amid the coronavirus crisis and the nationwide lockdown, the Retailers Association of India (RAI) has urged the government to provide wage subsidy of up to 50 percent on salaries up to...

1 crore job cuts likely in textile industry without Govt support: CMAI

There could be as many as one crore job cuts in the textiles sector, which has been severely hit by the ongoing lockdown, if there is no support and revival package from the government, according to apparel industry body Clothing Manufacturers Association...

Coronavirus Impact: ‘Fashion, grocery may take one year to recover’

At a webinar hosted by Retailers Association of India (RAI) and Trust for Retailers and Retail Associates of India (TRRAIN) on Monday – in which top industry associations Retailers Association of India (RAI), National Restaurant Association of India (NRAI) and The...

Budget 2020: Wishlist of Indian retail titans

Budget 2020-21 is just around the corner and retailers have pinned high hopes that the new policies will have a positive impact on the retail market. The retail industry expects the Budget 2020 to revive consumption and spur demand. Apart...

Walmart e-entry makes India attractive to global majors: Experts

The whopping US $16-billion mega deal by global retail giant Walmart with the country's leading e-tailer Flipkart for majority stake makes India an attractive destination for global majors in the digital space, industry experts said on Wednesday.Kishore Biyani, CEO,...

Omnichannel to fuel growth of modern retail to Rs 1,718 billion by 2019

Knight Frank India, in association with the Retailers Association of India (RAI), on Tuesday launched the third edition of its flagship report on the retail sector – 'Think India. Think Connected Retail'. The report tracks the evolution of India’s modern retail...

Amazon, Flipkart to face tougher competition from retailers in 2017

Riding high on mergers and acquisitions, retail players made a strong comeback this year, taking online giants head-on in doling out deals and discounts, and the trend is likely to continue next year. However, the Government's surprise move to pull high...
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Fruit exports from India grow 47% in 5 years: Govt in RS

The minister assured the members that the government is doing everything to ensure the quality of our products and...
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