retail industry latest updates

The amendment aims to empower consumers to better understand the nutritional value of the product they are consuming New Delhi: Food regulator FSSAI on Saturday approved changes in nutritional information labelling on packaged food items, proposing that total salt, sugar...

Rural demand continues to see gradual but slight green shoots as real rural wages remain mutedNew Delhi: Fast-moving consumer goods companies expect single-digit volume growth along with expansion in margins during the April-June quarter of this fiscal, helped by...

The Beauty vertical revenue growth for the quarter is expected to be around 22-23% YoYNew Delhi: FSN E-Commerce Ventures, the parent company of Nykaa, on Sunday forecast a year-on-year consolidated revenue growth of around 22-23% in the first quarter...

PC Jeweller had opted for OTS to settle the outstanding dues with a consortium of banksNew Delhi: PC Jeweller Ltd on Sunday said that Punjab National Bank has given its approval for one-time settlement of its outstanding dues.In a...

Paytm Payments Bank Limited (PPBL) came under regulatory glare as RBI ordered it to stop accepting new deposits in its accounts and its digital wallet from MarchNew Delhi: Paytm founder Vijay Shekhar Sharma on Saturday spoke about his...

This move is aimed at becoming more accessible to its consumers in the country New Delhi: Ikea is now looking to open its miniature version 25,000 sq. ft. stores in India that are almost one-third of the Swedish furniture and...

Currently, there are over 300 family offices in India, as against 45 such offices in 2018New Delhi: Family offices are increasingly investing in startups, diversifying their portfolios, and seeking higher returns as they are shifting from traditional investments, a...

As per the Budget, the excess premium will be considered as 'income from sources' and taxed at the rate of up to over 30%New Delhi: Ahead of the Union Budget, the Department for Promotion of Industry and Internal Trade...

Non-compliance with the order will attract penalties, underscoring the government's commitment to consumer safety and product integrityNew Delhi: The government has made it mandatory for stainless steel and aluminium kitchen utensils to conform to national quality standards, the Bureau...

CDEL has reported a default of Rs 183.36 crore on the payment of the principal amount on loans or revolving facilitiesNew Delhi: Coffee Day Enterprises Ltd has reported a total default of Rs 433.91 crore on payments of...