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India's inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term reduction. He highlighted the success of the current inflation-targeting framework in lowering average inflation
Kotak Mahindra Bank will acquire Deutsche Bank India's retail banking, private banking and wealth management business, adding a sizeable loan book, deposits, assets under management and customers. The deal is expected to strengthen Kotak's affluent banking fra
Pakistan has created a Petroleum Prices Stabilisation Fund to help cushion consumers from sharp fuel price fluctuations, as global oil markets remain volatile following the recent conflict in West Asia. The fund is designed to absorb some of the financial impa
Shein has set its Hong Kong initial public offering for September 1, a slight delay from earlier projections. The company's growth has slowed, and rising costs are impacting investor interest
Holding that charging a customer for a carry bag without prior disclosure amounts to an unfair trade practice, the District Consumer Disputes Redressal Commission, Chandigarh, has directed Sector 35-C retailer, to refund 12 charged for a paper bag, besides pay
Online platforms now offer retail investors access to corporate bonds. These securities provide mid-teen yields with low minimum investments
Imagine an AI that doesn t just help you shop, but shops for you. That shift is already underway
The dollar remained under pressure after weak US economic data reduced bets for the Federal Reserve to raise interest rates next month.A Bloomberg gauge of the currency s strength slipped 0.1%, hovering around levels last seen in May. The dollar was weaker aga
Lalithaa Jewellery Mart is gearing up for a remarkable 1,700 crore IPO aimed at financing its capital expenditure and ambitious expansion plans. The company has demonstrated impressive performance, with significant revenue growth and a notable surge in net pro
The Ludhiana District Consumer Dispute Redressal Commission has directed a shoe company to refund Rs 11,000, along with a composite cost of Rs 10,000, for allegedly not delivering a pair of shoes to a bridegroom who had ordered shoes for his marriage. A bench
India saw its retail inflation rise to 4.45 percent in July compared to June's 4.38 percent, largely due to rising food prices, which are keeping consumer costs elevated. The Reserve Bank of India has adjusted its inflation prediction for FY27 down to five per
Fusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans while focusing on small business lending
Maharashtra FDA suspended a Blink Commerce facility's food license due to cockroach infestations and improper storage. An outlet of Reliance Retail is now under investigation after live larvae were found
Milky Mist Dairy Food raised 465.29 crore from anchor investors ahead of its IPO opening on August 11. The 1,553 crore issue offers shares priced at 133-140, with a minimum investment of 14,980
Safe Harbor Marinas is nearing a significant acquisition deal for MarineMax. This potential $1.5 billion agreement will conclude months of investor pressure
Psychology of shopping addiction: For many people, shopping is more than just buying things. A new dress, a gadget, or a few items added to an online cart can provide a momentary sense of excitement and relief after a stressful or difficult day
The Mumbai Police Thursday registered an FIR against a retail establishment in Chembur for allegedly stocking and selling a Pakistani-manufactured beauty cream in violation of the Centre s orders. The FIR names shop owner Sanjay Shah, who has been charged with
Retail inflation has continued to edge upwards, according to the latest data, driven, in part, by the food, transportation and restaurant segments. CPI inflation stood at 4.38 per cent in June, up from 3.93 per cent the month before
India's retail inflation reached 4.38 percent in June, exceeding the central bank's target. Elevated food and fuel prices contributed to this significant acceleration in price pressures
Making a case for a dynamic multi-asset allocation fund, Bhautik Ambani, CEO, AlphaGrep Mutual Fund, said that the firm s MAAF framework is formulated not to predict the next winning asset class but to reduce dependence on any single asset class and seek more
iPhone 17 models are experiencing shortages across retail and online platforms. This surge is driven by expectations of price increases and reduced supply
The retail inflation rate is set to breach the Reserve Bank of India s (RBI) target level of 4%, according to an analysis by the Centre for Monitoring Indian Economy (CMIE). The next set of inflation data, covering June, will be released Monday (July 12)
Emirates to deploy A380 on Delhi route from October; expands Premium Economy to 6 Indian cities - The Economic Times Emirates A380,Premium Economy expansion,airline services in India,Emirates flights to Dubai,Kolkata A350 route,Indian airline news,Emirates ret
Kalyan Jewellers shares saw significant gains after a strong first-quarter business update. The company reported nearly 38% consolidated revenue growth compared to the previous year
Zerodha founder Nithin Kamath said the company will continue to offer direct mutual funds for free, even as several platforms that started with the same model have either shut down, changed direction or are rethinking the business.In a post on X, Kamath said Z
Ambawatta One in Mehrauli has long been a destination for luxury retail, and now it has a new fashion address. Designer Kunal Rawal has opened his flagship store at the luxury precinct
India added over 2.5 million demat accounts in June, the highest since February. This growth occurred as key market indices Nifty 50 and Sensex advanced significantly
Cochin Shipyard shares will be in focus as the Centre's OFS opens for retail investors after the non-retail portion was subscribed 3.52 times. The government plans to sell up to a 5.04% stake, potentially raising around Rs 1,800 crore
New Delhi [India]: India's quick commerce segment is set to remain the fastest-growing part of the country's digital retail market in 2026, expanding at more than twice the pace of overall digital commerce as companies continue to invest in dark-store networks
It s a rainy weekday evening at Zaveri Bazaar, Mumbai s famous jewellery hub. Most jewellery shops seem deserted, and the narrow street is missing the usual cacophony of vehicles, workers hauling goods on their shoulders or on hand-drawn carts, and others hurr
FSN E-Commerce Ventures, the parent of beauty and fashion retailer Nykaa, said it expects consolidated net revenue growth to accelerate to near 30% in the June quarter from a year earlier, helped by a stronger performance in its fashion business and steady mom
The District Consumer Commission of Haridwar directed an online footwear retailer to refund Rs 3,606 with interest after holding that forcing a customer to accept a time-bound credit note instead of a refund for the shoes with a size issue and poor quality amo
A proposal to change the US gun law at US President Donald Trump s Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) would make it easier to ship guns directly to people s homes, if finalised. The rule would be among the biggest changes to US gun polic
The District Consumer Disputes Redressal Commission-I, Hyderabad, has directed Spencer s Retail to pay Rs 6,000 for overcharging a customer by a total of Rs 80 on two whisky bottles. A bench of president B Uma Venkata Subba Lakshmi, and members C Lakshmi Prasa
A District Consumer Disputes Redressal Commission in Andhra Pradesh Prakasam district has directed a retailer to refund an excess amount of Rs 82 charged to a customer and pay compensation and...
A Kerala consumer commission has directed the Kerala State Beverages Corporation (KSBC) to pay Rs 25,000 in compensation and costs to a customer after finding that it charged Rs 10 more than the...