FMCG sales drop momentum, but demonstrated 20% growth on year

FMCG sales drop momentum, but demonstrated 20% growth on year

India's fast-moving consumer goods (FMCG) market growth has been tapering off consistently every quarter for a year, indicating subdued demand for personal care, home and hygiene products that drove the sector last year. Sales, however,...

Rupee-ruble trade not to be affected by sanctions: Assures Russia

Rupee-ruble trade not to be affected by sanctions: Assures Russia

Russia has assured to the Indian government that the trade between two nations in their domestic currencies was not restricted by the Western sanctions. Sources aware of the developments said the Russian embassy had written to the Ministry of...

How Can Hiring a Compliance Consultant Can Benefit Your Business

How Can Hiring a Compliance Consultant Can Benefit Your Business

Compliance consulting is perhaps the most significant area that businesses need to deal with, especially when the business is undergoing any kind of swift growth. An expert compliance consultant not only ascertains that your business is operating...

Cabinet Approves Amendment In 'Mega Power Policy 2009'

Cabinet Approves Amendment In 'Mega Power Policy 2009'

The Union Cabinet on Wednesday has approved an amendment in the 'Mega Power Policy 2009'. Accordingly, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi approved the time extension to identified 10...

Axis Bank set to purchase Citibank's India consumer business

Axis Bank set to purchase Citibank's India consumer business

Lending major Axis Bank will acquire the Citibank's consumer businesses in India, and it is subject to regulatory approvals. The boards of Axis Bank and Citibank have approved the deal, comprising the sale of the consumer businesses of...

How does inventory over-stocking impact your business

How does inventory over-stocking impact your business

Overstocking inventory in business is one of the biggest mistakes that most organizations make. Adverse effects of overstocking inventory can lead to massive losses for the business and even if you think you will be able to cope-up with the...

India's FDI inflow 65 percent more under PM Modi than in UPA regime: states Sitharaman in Rajya Sabha

India's FDI inflow 65 percent more under PM Modi than in UPA regime: states Sitharaman in Rajya Sabha

Union finance minister Nirmala Sitharaman on Tuesday has said that Foreign Direct Investment (FDI) into the country was $500.5 billion (65 per cent more) during Prime Minister Narendra Modi's regime as opposed to the amount received in 10...

GST evasion: Rs 95.86 crore recovered from 11 cryptocurrency exchanges, says government

GST evasion: Rs 95.86 crore recovered from 11 cryptocurrency exchanges, says government

The government on Monday has said that Rs 95.86 crore has been recovered from 11 cryptocurrency exchanges for evasion of the Goods and Services Tax (GST). The total amount includes penalty and interest. Zanmai Labs (WAZIRX), Coin DCX,...

DoT Favours Variations in Law to Allocate E, V-band spectrum

DoT Favours Variations in Law to Allocate E, V-band spectrum

The Department of Telecommunications (DoT) is proposing legislative changes to address long pending issues such as the disbursement of E and V band spectrum as the government considers allocating these airwaves instead of auctioning them, said a...

How is the Facility Management Industry Growing in India?

How is the Facility Management Industry Growing in India?

Facility Management Industry is a broad term for a service that integrates personnel, places, operations, resources, and technology to maintain the functioning, safety, comfort, and productivity of the workplace environment. In India, the in-house...

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