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Latest Articles in growth forecast

Shoppers Stop Aims 25% Jump In Profitability In FY18

Three broad factors that will drive better profitability for the retail major are improving productivity, pruning loss making stores and benefits from omni channel that will be in place from October this year

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'GVA Growth To Slow To 6.3% In Q1, Weighed By GST, INR Gains'

The disruption in production schedules and discounts offered ahead of the implementation of the goods and services tax (GST); the impact of appreciation of the rupee relative to the dollar on export earnings

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Retail Inflation To Be Well Within RBI's 2-6% Target: BofAML

According to Bank of America Merrill Lynch (BofAML), inflationary pressures are expected to remain contained by good rains, low growth and subdued imported inflation amid decrease in global commodity prices

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Full Milk Fortification In Organised Sector Soon: Tata Trusts

The philanthropic bodies set up by Tata group founders had earlier set a target of fortifying 50 per cent of organised sector milk by 2019

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Mahindra & Mahindra Tries Out Options To Regain Grip In Utility Vehicle Space

For the Mumbai-based auto major, the sales push includes launch of an all-new multi-purpose vehicle (MPV) this fiscal, besides upgrading various models

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Comio Eyes Sales Of 1 Million Smartphones By March 2018 In India

Comio, which will compete with the likes of Samsung, Xiaomi and Micromax in India, has unveiled three new devices priced between Rs 6,000-10,000

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Jewellery Industry Can Register 10% Growth This Fiscal

GST was a very good thing to happen to the industry, which was now more transparent, says Joseph Prince, director of Prince Gold and Diamonds India Pvt Ltd, which operates Prince Jewellery outlets

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Forex Reserve May Cross $400 Billion Mark By First Week Of September

Forex reserves have been rising with a total accretion of $4.389 billion to the kitty since July 14, 2017. It had touched a record high of $393.448 billion after it rose by $581.1 million in the week to August 4, 2017

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Market Valuations To Stay High Over Next 3 Years: Report

The report said while supply side has undergone a structural change, reform momentum is well above its historic past and more aggressive than emerging as well as global peers

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USDA Estimates For FY18 Made Public, India Has Maintained Its Pace

With the various projections indicating policy decision by government to restrict imports, a better consumption and market strengthening is very much on cards

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Britannia Aims To Increase Distribution Footprint Post-GST

The company, which witnessed de-stocking in trade channels due to migration to GST, said the new tax regime has brought a level playing field

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India's Gold Imports To Rebound In 2017 On Restocking, Good Monsoon

Higher imports by the world's second biggest consumer will support global prices, which are trading near their highest level in two months, but could widen the country's trade deficit

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Kraft Heinz India Planning New Products And Brands In 2018

Concentrated nutritional products which are easy to move with but may or may not be biscuits, are on the radar

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Tyre Demand Growth Pegged At 7-8 per cent For FY18, FY19: ICRA

Replacement demand for the truck and buses (T&B) is likely to pick up to 5 per cent in FY18 following the 0-3 per cent decline witnessed in FY17 (Provisional)

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Government Sets National Goal Of 300 Million Ton Milk Production By 2024

India ranks first in milk production, achieving an annual output of 155.48 million tons during 2015-16 accounting for 19 per cent of world production, said Ministry of Agriculture in a statement

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