Retail

Retail inflation moves to 5-month high of 7.41 pc in September

October 13, 2022

Retail inflation moves to 5-month high of 7.41 pc in September

It is for the ninth month in a row that retail inflation has remained above the Reserve Bank of India's upper tolerance level of 6 per cent.

July 21, 2022
Wholesale firms increase package weight above 25 kg to avoid GST levy

As per the new tax norm, all packaged, labelled food items including cereal, flour and pulses weighing below 25 kilogram will attract a 5 per cent GST.
November 23, 2021
Future Retail employees urge SC to clear asset sale in Amazon dispute

If the deal fails, Future will be pushed into liquidation, resulting in its 27,000 employees losing their livelihoods.
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New Consumer Protection Act notified, tightens grip on e-tailers

The law seeks to revamp the process of administration and settlement of consumer disputes, with strict penalties, including jail term for adulteration and misleading ads by firms.
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Govt may set up e-commerce regulator, tighten control

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Gold discounts at widest in 5 months as prices surge

The domestic price includes a 12.5% import tax and 3% sales tax.
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Retail prices hit 3-year high as growth plunges, is India heading towards stagflation?

Retail inflation spiked to a more than three-year high of 5.54 per cent in November. The previous high in retail inflation was in July 2016, when the consumer price index-based inflation stood at 6.07 per cent.