Coca-Cola’s global COO, Henrique Braun, addressed increasing competition in India, stating the company is prepared for short-term challenges while maintaining a long-term focus. He acknowledged a slowdown in growth momentum in key markets like India due to weather and macroeconomic…
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SBI’s research indicates that GST reforms, including rate reductions, will result in a minimal revenue loss of Rs 3,700 crore, contrasting with the government’s estimate of Rs 48,000 crore. The GST Council’s move to a two-tier structure is expected to…
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Foreign Institutional Investors (FIIs) have aggressively sold off Indian financial and IT stocks, withdrawing over Rs 60,000 crore in two months due to concerns about earnings recovery and global economic headwinds. This selloff extends beyond these sectors, impacting oil and…
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Digital payment and consumer lending startups anticipate a boost in transactions this festive season following the government’s GST cuts on key consumption items. The industry expects a 5-20% growth in transaction volumes, with sectors like automobiles and durables potentially seeing…
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As part of its retail push in India, Apple just added two new stores in the cities of Bangalore and Pune this week. It’s also is planning to launch a new outlet in Noida, on the outskirts of Delhi, and…
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Gold experienced a rise on Friday, poised for its best week in three months, buoyed by expectations of a Federal Reserve rate cut later this month. The market’s attention is now focused on the U.S. non-farm payrolls data.
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