retail - Latest News, Analysis, Opinion

According to the Retailer Association of India (RAI), sales in India fell by 79 per cent during the pandemic compared to pre-pandemic levels. With a new variant of Covid already making its entry, it becomes critical for the retail industry to be ready for the impact of the pandemic

Beauty, Personal Care Sector Grows 143% In E-commerce Sales: Report

Economy

In comparison to other segments, beauty and personal care continues to have the fastest development

RBI To Launch Its First Pilot For Retail CBDC From Dec 1

Banking & Finance

Transactions can be both Person to Person (P2P) and Person to Merchant (P2M) through retail digital rupee

Landmark Group India Names Reliance Retail’s Vikram Idnani As President – CIO

Idnani has more than two decades of experience as a business-oriented technology leader

4.82% Surge In Indian Exports During September

Economy

The Indian exports surged by 4.82 per cent to 35.45 billion dollars in September, even when the trade deficit increased to reach 25.71 billion dollars, as per recent data released by the commerce ministry.

B2B Ecommerce Market Of India To Reach $100 Bn By 2030: Report

Led by firms like Jiomart and Udaan, the B2B e-commerce market of India is all set to reach $90-100 billion in gross merchandise value (GMV) by 2030, as per a report by Redseer Strategy Consultants.

Amazon India's Report Card Mixed, Profitability Elusive: Report

Tech

Bernstein’s report says Amazon India’s growth has come at a high cost of over USD 6.5 billion invested to-date while profitability remains elusive

Easing Raw Material Costs Promising For Indian Consumer Companies

Prices of palm oil, a key ingredient for many food products, detergents and cosmetics, are down 32 per cent from a record peak hit in March

Retail Inflation For Industrial Workers Eases To 6.16 % In June

Economy

Retail inflation for industrial workers eased to 6.16 per cent in June from 6.97 per cent in May this year due to lower prices of certain food items and petrol

Revised GST Rates: Boon Or Bane?

Aparajitha Nair

The rate cuts introduced by GST within the first year of its inception resulted in the loss of approximately Rs. 70,000 crores in a year

Video Analytics Key To Building Safer, Smarter Cities: Atul Rai

Rohit Chintapali

Tech

The smart surveillance will stay alert 24x7, identify any out-of-the-ordinary incident, and alert authorities immediately, quickening the process of authorities arriving on the scene to take the necessary action, says Atul Rai, Co-Founder & CEO of Staqu

Reliance Retail To Start Artisan-only Store Format 'Swadesh'

The Swadesh store will house a wide range of products including handmade textiles, handicraft, agriculture products and other artisanal merchandise, which will be sourced directly from artisans

Reimagining Retail Amid Disruption

Ratnadeep Choudhary

The pandemic has accelerated this shift by several years with organisations reinventing themselves rapidly to adapt to the change

Future Enterprises Defaults Loan Repayment Of Rs 19.16 Cr