COVID 2.0 blues: Retail sales in May fall to only 21 per cent of pre-pandemic level

The quick service restaurants witnessed a dip of 70 per cent, while spending on apparel and clothing plunged 77 per cent and purchases of sports good fell 80 per cent.

published on : 16th June 2021

Retail inflation spike in May might cause RBI to revisit focus on growth risks: Oxford Economics

The underlying dynamics of the May inflation print augur caution and the recovery remains on uncertain ground and with fiscal support in retreat.

published on : 15th June 2021

Retail sales decline 79 per cent in May over pre-COVID levels in 2019: Report

The decline in sales was the steepest in West and North India, which witnessed an 83 per cent dip last month as compared to May 2019, RAI said in a statement.

published on : 15th June 2021

Food, fuel prices push wholesale, retail inflation

As per the data released by the National Statistical Office (NSO), inflation in the food basket was 5.01 per cent in May, significantly up from 1.96 per cent in the preceding month.

published on : 14th June 2021

Ride through stock market bubble with ease

No matter how the equity markets are behaving, retail investors are adviced to stick to basic tenets of investments

published on : 7th June 2021

RBI projects retail inflation at 5.1 per cent in FY22

The projection is well within the Monetary Policy Committee's target to keep the rate of inflation at 4 per cent with an upper or lower tolerance level of 2 per cent.

published on : 4th June 2021

Mercedes Benz to sell its cars directly to buyers in India, exits dealership model

At present, automakers in India sell their output to dealers and not directly to consumers. Dealers have ownership of vehicles that are in their showroom and yard.

published on : 2nd June 2021

Retail inflation for industrial workers eases to 5.14 per cent in April

According to the statement, food inflation stood at 4.78 per cent in April against 5.36 per cent in the previous month. The same was at 6. 56 per cent in April 2020.

published on : 31st May 2021

Covid 2.0: Ways to get out of debt trap amid a surge in loan defaults

In April, for instance, 29 million auto-debit transactions worth Rs 22,000 crore conducted through the National Automated Clearing House (NACH) failed, primarily due to insufficient funds.

published on : 31st May 2021

HDFC Bank flags likely defaults in retail loan repayment by individuals

With the pandemic still raging and no end in sight for the common man’s economic distress, banks are bracing for an era of retail loan defaults. 

published on : 26th May 2021

HC seeks reply of Uddhav government, BMC on reliefs for traders amid COVID curbs

A bench of Justices R D Dhanuka and M J Jamdar was hearing a petition filed by the Federation of Retail Traders Welfare Association.

published on : 25th May 2021

Slackening economic momentum to limit non-compulsory purchases: ICRA

Indicators such as GST e-way bills, electricity generation, vehicle registrations and rail freight traffic displayed a slowing sequential momentum, reflecting the rise in COVID-19 cases.

published on : 22nd May 2021

Retail inflation dips to three-month low

At the same time, however, elevated levels of prices in the certain food and non-food segments continue to exert upward pressure on headline inflation, say experts.

published on : 13th May 2021

Retail inflation for industrial workers rises to 5.64 per cent in March

Food inflation stood at 5.36 per cent against 4.64 per cent of the previous month and 6.67 per cent during the corresponding month a year ago, according to the statement.

published on : 30th April 2021

Committed to creating conducive ecosystem for Indian brands to start exporting: Amazon

V-P Eric Broussard cited the example of global sale events like Black Friday and Cyber Monday, wherein Indian businesses on Amazon Global Selling had seen a 50% growth in business year-on-year.

published on : 17th April 2021
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