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Charting the Global Economy: US CPI cools, China growth slowsUS inflation data eased in June, prompting investors to lower interest rate hike bets. China's economy slowed more than anticipated, increa...
Bought Maggi from Vishal Mega Mart, ended up in hospital: Consumer court slaps retailer with Rs 2.8 lakh penaltyA retail giant faced a significant penalty after selling expired Maggi noodles. The consumer commission ordered Vishal Mega Mart to pay a s...
Reliance Retail's Q1 profit drops 14% YoY but revenue rises 8%Reliance Retail Ventures reported a fourteen percent profit decline last quarter. Revenue from operations grew eight point two percent year...
Reliance Retail trades near-term gains for long-term digital accessReliance Retail reported a net profit decline of fourteen percent year-on-year. Revenue from operations grew eight point two percent, with ...
Reliance Retail Q1 revenue rises, but profit falls as e-commerce weighsReliance Retail's Q1 revenue rose 8.2% despite the FMCG demerger, while net profit fell 14.2% as e-commerce investments pressured margins. ...
Walmart names Kinnard to replace departing US COO Shanahan, memo showsKieran Shanahan, Walmart's U.S. operations chief, is departing the company. Kyle Kinnard will now lead U.S. operations, bringing extensive ...
Walmart names Kyle Kinnard to replace departing US COO Kieran ShanahanWalmart has appointed international COO Kyle Kinnard as the new COO of its U.S. operations, replacing Kieran Shanahan, as CEO John Furner c...
India's gold jewellery demand revives as prices stabilise; festive orders pick up: WGCIndia's gold jewellery demand is showing signs of recovery as stable prices and retailer discounts draw consumers back to stores, the World...
RIL investors lose Rs 3.5 lakh crore this year. Can Q1 earnings bring the stock back to life?Reliance Industries investors have lost significant wealth this year. The company's stock has faced pressure due to various business segmen...
US stocks today: Nasdaq ends lower as chip weakness offsets solid earnings, economic dataU.S. stocks slipped as chipmakers dragged the Nasdaq and S&P 500 lower despite solid economic data and strong earnings expectations. Semico...
India’s food processing sector a US $600 billion opportunity by 2030; Quick Commerce a game changer: Deloitte–FICCIIndia's processed food market is projected to reach six hundred billion dollars by 2030. Rising incomes and urbanization are driving this s...
US retail sales lose steam in June as consumers pull backIn June, US retail sales experienced a modest uptick, signaling a slowdown in consumer spending. This increase was markedly weaker compared...
India raises windfall tax on diesel, jet fuel exports; cuts levy on petrol exportsIndia's government has adjusted windfall taxes on fuel exports, effective July sixteenth. The export duty on petrol has been reduced to two...
China's Q2 GDP growth cools to 3-1/2-year low, structural imbalances complicate policyChina's second-quarter economic growth slowed to its weakest pace in over three years. Official data revealed a 4.3% annual rise, missing a...
Companies fold back discounts as cost clouds hang lowCompanies are also putting fewer products on sale, signalling a shift away from aggressive promotions despite ongoing end-of-season sales, ...
'What's in your shopping cart?' Govt plans first nationwide retail consumption surveyThe government is considering a nationwide retail consumption survey. This survey will gather granular data on consumer spending patterns. ...
Auto retail sales surge 22% to record 2.56 million in June; Dealers expect growth momentum to continue with rains picking upVehicle retail sales reached a record high in June, showing a significant year-on-year increase. This robust growth was supported by strong...