First advance estimates of GDP to be released tomorrow
The economic growth slowed to 4.5 per cent in the second quarter. The figure stood at 5 per cent for the first quarter of the current fiscal. The first advance estimates will take into account the figures available for the first nine months of the current fiscal. The Reserve Bank of India has also gradually pegged down its growth forecast.
Repositioning yoghurt is on the 'curds'
When the dairy products market is in a churn, mere lassi-fare may not be enough.
Festive October a quirk amid auto slump
Auto sales picked up pace in October as more and more headed out to purchase vehicles amid the festiv...
Passenger vehicle retail sales jump 11% in October on festive demand: FADA
According to Federation of Automobile Dealers Associations (FADA), passenger vehicles (PV) sales stood at 2,23,498 units in October 2018. Two-wheeler sales increased 5 per cent to 13,34,941 units last month as compared with 12,70,261 units in the year-ago period.
Smartphone sales buck slowdown on strong urban, rural demand
The growth in smartphone adoption was further fuelled by the government's push to position the country as a global hub for manufacturing and coax Apple and other leading brands to produce and export more phones from India. Experts say that phone shipment is expected to see high single-digit to double-digit growth in India.
Gateway Distriparks, Snowman Logistics rise up to 7% on stake sale
Gateway Distriparks said that the transaction will be completed on or before March 31, 2020.
After the Spring: The Marrakech festival legacy
The Marrakech festival sees the emergence of Arab cinema rooted in powerful political content — from the 2006 Lebanon war to the Egyptian Revolution of 2011. A revolutionizing Arab cinema witnesses the new visual energy and strong political content emerging in after the Arab Spring.
IVM Podcasts co-founder finds baking therapeutic, says it helps her bust stress
The co-founder of IVM Podcasts shares how her hobby has helped her learn patience.
Flipkart and Amazon clock Rs 31,000 crore in festive sales
The average order value for Flipkart stood at Rs 1,976 versus Rs 1,461 on Amazon, indicating that customers bought higher-value items from the Walmart-owned marketplace. Flipkart led with 64% share of the combined gross sales while Amazon continued to fare higher in net promoter score (NPS). NPS measures the loyalty of customers to a company.
Residential units’ sales top launches on fewer projects
According to the report, sales have increased by 6 percent to 1.44 lah whereas launches have declined by 14 percent to 1.37 lakh in 2019 in the top seven cities of the country as compared to the year 2018.
Green certificate sales down 10 pc to 5.04 lakh in December
Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the country which are engaged in trading of renewable energy certificates (RECs) and electricity. The trading of RECs is conducted on the last Wednesday of every month. But due to Christmas holiday, the trading this month was done on the last Thursday.
Auto blues: Passenger vehicle sales may skid 13% this year
The industry is estimating sales to fall 13% from last year — worse than an 8% decline, the steepest so far, recorded in 1998 — to about 2.95 million units in 2019. This would take the volume below the levels three years back. In 2016, automakers had sold nearly 2.97 million units.
Congress says NPR, NRC a tax on poor; BJP calls RaGa biggest liar
BJP countered this attack with the charge that Gandhi is spreading falsehoods about the issue and is worthy of being declared 'biggest liar of 2019' for misleading the people.
Mastercard’s swipe makes Pine Labs 1st unicorn in 2020
Pine Labs will work with Mastercard to deliver a range of card and real-time payments.
HC orders sale of gear from 50 of Talwalkars’ gyms to clear dues
As per the order, the gym is spread over nearly 103 locations across the country.
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