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'Strong' Walmart results come as a relief for the retail sector
Walmart posted better-than-expected sales for its second quarter and raised its profit outlook, sen…
Grace Dean
Consumer staples volume will grow in the coming quarters, notes Motilal Oswal report
A marked growth is visible in the consumer staple segment, and the trajectory in volume improvement…
ANI
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
Gold prices drop by Rs 5,000/10gm post Budget; bring cheers to retail investors
After the duty cut, the yellow metal has declined Rs 5,000 per 10 grams or 7.1% in the past three s…
PTI
Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report
India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …
ANI
Indian textile exports to remain strong amid global shifts; FTA negotiations with EU to offer growth opportunities
While domestic demand is expected to remain moderate due to lower discretionary spending and overst…
ANI
Indian manufacturers see softer increases in new business, output in August: PMI
In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …
PTI
Stock market today: Nifty, Sensex see muted starts, ICICI, Kotak, Axis bank gain lead
Apollo Hospitals, ICICI Bank, Bharti Airtel, Kotak Bank and Axis Bank gaines early advantage during…
Indian auto retail sector records 27% YoY growth in April: FADA
The Indian auto retail sector recorded a robust 27 per cent year-on-year (YoY) growth for April 202…
ANI
Rising claims pose challenge for health insurance sector in India, says Jefferies
The health insurance sector may face challenges in the coming months due to rising claims and incre…
ANI
India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report
Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…
ANI
India economic momentum remains intact, set to achieve 6.5-7% growth, says Finmin Report
Tax collections, especially indirect taxes, which reflect transactions, are growing healthily, and …
PTI
Auto sector poised for robust growth in July 2024 with double-digit surge in two-wheeler sales: Anand Rathi report
The surge is attributed to solid retail demand, estimated at approximately 15 per cent y/y, strateg…
ANI
The luxe experience: Expanding global brands to drive retail leasing in 2024
Indian brands are turning cautious with their retail expansion. Hence, the leasing in the sector is…
Godfrey Phillips to sell 24Seven business, to exit from retail sector
Cigarette maker Godfrey Phillips India on Friday said it has decided to exit from its loss-making r…
PTI
FADA urges banks to tighten funding to dealers as rains play spoilsport in August
Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…
India Inc marks slowest quarterly revenue growth in January-March 2024: Crisil
Corporates in India have likely logged a 4-6 per cent revenue growth in the January-March quarter, …
ANI
Amid declining retail inflation, wholesale inflation in India moderates to 2.04% in July
In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp…
ANI
Stock market today: Indexes rise after retail sales boosts confidence on the consumer and the economy
Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fe…
Kelly Cloonan
Exposure to India's infra sector helps LIC, SBI outshine peers
Global majors, including Warren Buffet-owned Berkshire Hathaway, have been successful due to their …