Indian retail market pegged to reach at $1.3 trillion by 2025; data, technology key for retailers to minimise costs: Study
According to a study jointly released by Boston Consulting Group and Retailers Association of India titled R'etail 4.0: Winning the 20s', the retail market stood at $0.7 trillion in 2019.
E-commerce rules tightened; govt bans online firms from entering into exclusive agreements with sellers
The government also said that e-commerce companies will be prevented from entering into exclusive agreements with sellers.
US retailer Walmart's acquisition of e-commerce major Flipkart a good signal for investors and consumers
With two large players – Amazon and Walmart – entering the fray and a third potential one Paytm mall on the rise, there is much scope for creating new demand in smaller towns and cities
The Confederation of All India Traders (CAIT) had hoped to gather one million protesters at various cities in the country to voice opposition to the deal, but the numbers were far fewer
Walmart wants to call the shots at Flipkart; likely to bag around 60-80 percent stake valued at $20 billion
Walmart could buy a majority stake in Indian e-commerce player Flipkart for nothing less than $12 billion and an could ink an agreement within a fortnight.
Key shareholders of Indian e-commerce player Flipkart have reportedly agreed to sell their stake to US retail giant Walmart.
The Real Estate Regulatory Bill (RERA) was passed by both Houses of Parliament earlier this year and framing of draft rules for the same is underway at present
The government loses taxes – 12 per cent excise, five percent VAT -- on account of the spurious pesticides market.
The retail market, which is currently valued at Rs 3,893,425 crore, has grown by an average of around 18 per cent.
Cities like Ahmedabad, Chandigarh, Surat, Amritsar, Vadodara, Nagpur, Coimbatore, Lucknow, Jaipur, Ludhiana, Kanpur and Raipur are emerging as high potential markets for retail development.
A study by Assocham and ComScore has found that India is one of the top three fastest growing Internet markets globally. Among the BRIC nations...
Without the middleman the farmer now has an avenue that reduces chances of wastage and assures a better price.
Global supermarket chains welcomed a long-awaited invitation from India to invest in the country's $450 billion retail market, but they fear the policy's small print may keep a lid on investment in the short term.