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India’s organised retailers and e-tailers hold up, while kirana stores face the brunt of slowdown
The slump is more serious in rural areas.
A Thai company plans to take on cash-and-carry giants in the Indian market
LOTS Wholesale plans to open 12 distribution centres in three years.
India’s slowdown forces small-town fashion retailers to hold back expansion plans
The crisis has hit the hinterland more than urban areas.
Consumer goods firms are battling India’s rural slump by cutting pack sizes and prices
Demand from rural India accounts for 36% of overall FMCG sales.
Gucci’s astronomical sales are coming back to earth
Its once exceptionally high growth looks to be flattening out.
Nobel winner Abhijit Banerjee and former RBI chief Raghuram Rajan on India’s economic challenges
Rethinking government is key.
Indians are watching movies to escape the economic slowdown—so is the Modi government
Clearly the Modi government is bingeing on movies. And most likely on its own fantasies.
India’s hotels may be finally recovering from demonetisation blow
The government has cut GST for hotels.
Did Modi just weigh in on India’s “national language” debate?
The Indian prime minister spoke at the 2019 Bloomberg Global Business Forum.
Despite the tax cut, India’s corporates won’t invest. Then what’s the point, finance minister?
What's needed is government investments.
Hong Kong’s top shopping district is on the verge of a vacancy crisis
Malls and shopping districts have become battlegrounds.
In more bad news for the economy, India’s highway construction hits a speed bump
Government's target for 2020 cut to 6,000 km from 20,000 km last year.
Inspired by ISRO? Here’s how much money you can make in Indian space research
Pay packages are modest.
Now, global rating firms are acknowledging India’s economic slowdown
Critical sectors like FMCG, auto, and manufacturing have been hit.
Here are some numbers to prove that the Indian economy is losing steam
Analysis of 2,574 companies.
IKEA debuts in the Indian e-commerce arena with services in Mumbai
The Swedish retailer is yet to launch a brick and mortar facility in Mumbai.
Amidst an economic slump, IKEA and Miniso have missed their India targets
The brands may have overestimated the market's potential.
Miniso wants to make in India and sell to the world
"over time, the country has started meaning a lot more to us."
While India was busy celebrating its “ease of doing business” ranking, its real economy tanked
The warning signs have reached a point where they cannot be ignored.
China’s luxury boom is bypassing Prada
While its biggest rivals are thriving in China, Prada lately finds itself struggling.