In all, sales were down 67% year-on-year during 15-30 June as India moved towards unlocking the economy, with malls in some parts of the country also allowed to resume business with caution
2 min read7 Jul 2020Experts say there is a need to focus on demand as MSMEs will be running against time, if demand doesn’t pick up
1 min read26 Jun 2020On Thursday, the health ministry issued standard operating procedures for malls, restaurants, and religious places preparing to reopen following approvals from state governments
1 min read5 Jun 2020As unlocking gains momentum, large e-commerce firms are resuming services across categories given demand revivalDemand in non-metros has recovered faster compared with metros where curbs remain given the large number of cases
2 min read3 Jun 2020Sale of non-essential products were allowed earlier in May, after nearly two months of lockdown when e-commerce firms were allowed to sell only essentials
3 min read31 May 2020Shoppers have been showing up at stores or logging online to buy white goods, said manufacturersDemand for white goods such as coolers, refrigerators, air conditioners, apart from electronics such as laptops has risen
3 min read29 May 2020Makers and distributors of FMCG, traders, and retailers, have seen businesses disrupt due to suspension of manufacturing and movement of goods in the lockdown
3 min read29 May 2020A challenging fiscal situation with scanty growth in tax collections will limit FM Sitharaman’s ability to provide a demand stimulus in the second NDA govt’s budgetAs fiscal stimulus is unlikely, increased reliance on monetary policy to support growth is the only option
3 min read3 Jul 2019The government that will be in place a few days from now will face a consumption slowdown. Given the role of consumption in driving the Indian economy in the past few years
2 min read19 May 2019Data on November 30 will probably show India's GDP grew 7.5% in the July-September quarter from a year ago, down from 8.2% in the previous three months
3 min read29 Nov 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared