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FESTIVE SEASON IMPACT ON EXPORTS
UPI MDR prompts D2C brands to reassess costs as festive sales loomUnder the new framework, the government has introduced a 0.4% MDR on P2M (person-to-merchant) UPI transactions above Rs 2,000, capped at Rs...
MDR effect: Retailers, apparel makers warn of price hikes"Various retailers across categories may increase prices or lower festive discounts, since they are, as it is, dealing in an inflationary e...
Online sales of mobiles & laptops hit a rough patch on weaker entry-level demand, fewer online discountsCounterpoint Research data showed an almost identical drop in online contribution to smartphone sales. Researchers and industry executives ...
Indian exporters see strong festive season orders for textiles and food products to US and EuropeIndian exporters anticipate a stronger festive season with significant order increases. Textile orders from the US for holidays have jumped...
India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
The Great Indian Kapil Show Season 5 release date confirmed: Will Sunil Grover return along with Archana Puran Singh, Navjot Singh Sidhu and others?The Great Indian Kapil Show Season 5 is set to premiere on Netflix, with new episodes releasing every Saturday. Kapil Sharma returns with f...
From UPI to cash? Retailers warn new MDR could hit small merchants ahead of festive seasonRetailers Association of India warns new UPI fees could reverse digital payment gains. Small merchants may shift transactions back to cash,...
Flipkart plans to hire 250,000 workers to meet festive blitzFlipkart plans to hire over 250,000 workers for the upcoming festive season. This significant recruitment drive will increase last-mile del...
Cooking oil imports up 5% in first 10 monthsIndia’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month ...
India's trade deficit narrows to $26.86 bn in August as gold imports plungeIndia’s merchandise trade deficit narrowed marginally to $26.86 billion in August from $27.2 billion a year earlier, as exports rose 26.1% ...
Indians may heed PM Modi's gold message this festive season, with a twistIndia’s festive gold demand is likely to be stronger in value but weaker in volume this year as record prices, higher import duties and Pri...
Honda September 2026 offers: Amaze, City, Elevate get up to Rs 2.44 lakh festive discountsHonda September 2026 offers: Honda Cars India has rolled out festive season discounts of up to Rs 2.44 lakh across its Amaze, City and Elev...
Flipkart plans 250,000 festive season jobs to meet delivery demandFlipkart plans to hire over 250,000 workers for the upcoming festive season. This significant recruitment drive represents an increase of 3...
Flipkart creates over 2.5 lakh seasonal jobs across India ahead of festive seasonNearly 75,000 of these positions -- close to 30 per cent -- are entering the workforce for the first time, the company said in a statement.
India’s festive demand hits 5-year high: From cars and ACs to TVs, apparel and quick commerce, retailers expect a bumper Navratri-Diwali seasonConsumer demand in India has reached a five-year high during the initial festive period, with sales growth recorded across home appliances,...
Brands turn to localisation, product cuts to protect festive marginsBrands are trying to protect festive-season demand from rising input costs by increasing localisation, using alternative materials, simplif...
In reverse flow, India exports 500 tonnes of hilsa to Bangladesh in two months: Fish tradersKolkata has exported approximately 500 tonnes of hilsa fish to Bangladesh recently. Another 150 to 200 tonnes are expected to be shipped in...
Sweet trouble: Sugar prices surge to 17-month high as govt warns mills against festival hoardingRaw sugar futures have reached their highest level since March 2025. Strong Indian import demand and Brazilian supply disruptions are drivi...
Govt asks sugar mills to ensure adequate supplies during festivals, keep prices 'reasonable'Indian sugar mills are asked to ensure adequate supplies for the upcoming festival season. Domestic mills are seeking to import nearly 800,...
52% apparel makers expect higher festive sales, CMAI survey findsIndian apparel makers expect higher festive sales this year. Many members anticipate matching last year's sales performance. Rising raw mat...