V-Guard expands reach with products directly available on official website
Kochi: India’s prominent FMEG brand, V-Guard, has launched an online exclusive store offering wide range of products including stabilizers, water heaters, water purifiers, fans, kitchen appliances and more. This strategic move aligns with the fast evolving consumer purchase behaviour towards e-com fuelled by various convenient factors such as easy discoverability of products and pricing, wide […]
Flipkart’s 10th Big Billion Days shopping festival sets new record
Kolkata: The Big Billion Days (TBBD) 2023 marked a decade of success for Flipkart’s annual flagship event, which is drawing to a close on Sunday with a stellar response from millions of customers and the seller community. Reflecting an overall uptick in consumer sentiment, the 10th edition of TBBD witnessed a record 1.4 Billion customer […]
Rupee rises 2 paise against USD
Mumbai: The rupee on Monday moved up two paise to 83.24 against the USD in an opening trade on the fresh selling of US dollars by bankers and exporters, dealers at Foreign Exchange said. The domestic unit gained against other world currencies along with a negative opening in the stock market. The rupee recorded intraday […]
RBI continues pause on repo rate, maintains FY24 GDP growth forecast of 6.5 pc
New Delhi: As widely expected by economists and market-watchers, the Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) on Friday decided to keep the policy repo rate unchanged at 6.50%. Repo rate refers to the interest rate at which the RBI lends to commercial banks. A high repo rate means cost of borrowing for […]
World Bank maintains India’s 2023-24 GDP growth at 6.3 pc
New Delhi:The World Bank has retained India’s GDP growth forecast for the financial year 2023-24 at 6.3 per cent and noted that the country continued to show resilience against the backdrop of a challenging global environment. The World Bank in its April report had cut India’s growth forecast for 2023-24 to 6.3 per cent from […]
RBI extends deadline for returning Rs 2000 bank notes till Oct 7, 2023
New Delhi: The Reserve Bank of India (RBI) on Saturday extended the deadline for exchanging or depositing Rs 2000 banknotes by a week to October 7, 2023. “As the period specified for the withdrawal process has come to an end, and based on a review, it has been decided to extend the current arrangement for […]
Rupee marginally up by 2 paise against USD
Mumbai:The rupee on Wednesday rose marginally by two paise to 82.92 against USD in opening trade on the selling of US dollars by bankers and exporters, dealers at Foreign Exchange said. The domestic unit moved up against other world currencies along with a negative opening in the stock market. The rupee recorded intraday highs and […]
Centre notifies third phase of mandatory hallmarking from Sep 8
Third phase to cover additional 55 districts under mandatory hallmarking New Delhi: The third phase of the mandatory hallmarking vide Hallmarking of Gold Jewellery and Gold Artefacts (Third Amendment) Order, 2023 comes into force from September 8, 2023 The third phase of the mandatory hallmarking will cover additional 55 new districts under the mandatory hallmarking […]
Rupee improves 7 paise against USD
Mumbai :The rupee on Friday regained 7 paise at 83.14 against USD in opening trade on the selling of US dollars by bankers and exporters, dealers at Foreign Exchange said. The local unit rose against other world currencies along with a positive opening in the stock market. The rupee recorded intraday highs and lows at […]
Auto retail grows 9 percent in August, two-wheelers up 6 percent Year-On-Year
New Delhi:Domestic auto sales logged 9% year-on-year growth in August 2023 on the back of robust demand across multiple segments, including two-wheelers and tractors, showed the vehicle retail data released by the Federation of Automobile Dealers Associations (FADA) on Tuesday. Total sales across various segments such as passenger vehicles (PV), two-wheelers (2W), three-wheelers (3W), and […]