News for 'retail'

Govt releases new CPI series; January retail inflation at 2.75%

Govt releases new CPI series; January retail inflation at 2.75%

Rediff.com12 Feb 2026

Retail inflation stood at 2.75 per cent in January under the new series of All India Consumer Price Index (CPI), with 2024 as the base year, released on Thursday.

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

Rediff.com17 Jun 2026

India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.

Want OpenAI Shares? Read This First

Want OpenAI Shares? Read This First

Rediff.com17 Jun 2026

Investors should do thorough due diligence when selecting a platform.

Itel Aqua Debuts In India With IP67 Rating

Itel Aqua Debuts In India With IP67 Rating

Rediff.com3 Jun 2026

The India-manufactured Itel Aqua is a tough, everyman phone at a very economical price.

'Gulf War Has Been The Worst Crisis For Indians'

'Gulf War Has Been The Worst Crisis For Indians'

Rediff.com20 Jun 2026

'It will take a long time to recover from the impact of this war.'

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Rediff.com27 May 2026

Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

Rediff.com6 Jun 2026

The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.

'Target is to open 80 branches every year for next few years'

'Target is to open 80 branches every year for next few years'

Rediff.com29 Apr 2026

Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.

Vijay orders closure of 717 liquor outlets; DMK mocks, PMK welcomes move

Vijay orders closure of 717 liquor outlets; DMK mocks, PMK welcomes move

Rediff.com12 May 2026

Tamil Nadu Chief Minister C Joseph Vijay has ordered the closure of 717 retail liquor outlets across the state, responding to public demand, particularly from women and political parties.

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

Rediff.com25 May 2026

Congress leader Rahul Gandhi on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, saying mehangai manav has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.

CNG prices hiked by Re 1 per kg, second time in a week

CNG prices hiked by Re 1 per kg, second time in a week

Rediff.com17 May 2026

CNG prices in Delhi have been increased by Re 1 per kg, marking the second increase in less than a week, according to Indraprastha Gas Ltd.

International ATF prices cut 27%; commercial LPG, 5-kg cylinder prices raised

International ATF prices cut 27%; commercial LPG, 5-kg cylinder prices raised

Rediff.com1 Jun 2026

India has significantly reduced Aviation Turbine Fuel (ATF) prices for international airlines by 27% due to easing global fuel benchmarks, while simultaneously increasing commercial LPG and 5-kg cylinder prices to record highs.

Mutual funds' stock market lead over LIC widens for fifth year in a row

Mutual funds' stock market lead over LIC widens for fifth year in a row

Rediff.com25 May 2026

India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.

Would You Like Polymer Currency Notes?

Would You Like Polymer Currency Notes?

Rediff.com6 Jun 2026

The primary objective of introduction of polymer notes was to increase its life and not to combat counterfeiting.

Reliance Infra seeks review of surveillance framework linked to IBC

Reliance Infra seeks review of surveillance framework linked to IBC

Rediff.com8 Jun 2026

Reliance Infrastructure (Reliance Infra) has submitted a representation to Sebi, NSE, and BSE, seeking a review of the Additional Surveillance Measure (ASM) framework and related trading restrictions on its shares, arguing they adversely impact its 700,000+ public shareholders and hinder fair price discovery.

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

Rediff.com20 May 2026

State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

Rediff.com9 Jun 2026

Corporate India is projected to offer salary increments ranging from 8.6 per cent to 10.2 per cent across various industries in the financial year 2026-27, primarily fuelled by a sustained demand for skilled and execution-focused talent, according to a TeamLease Services report.

Govt Clears Cancer Drug Price Hike

Govt Clears Cancer Drug Price Hike

Rediff.com11 Jun 2026

'While higher prices may create some financial burden for patients and caregivers in the short term, uninterrupted access to treatment remains the greater priority.'

RIL stock may take a hit after muted Q4 show

RIL stock may take a hit after muted Q4 show

Rediff.com4 May 2026

Reliance Industries Limited (RIL) faced a challenging fourth quarter, with its energy business experiencing significant headwinds, leading to overall muted results and prompting analysts to adjust their outlook, even as consumer segments like Jio and retail demonstrated robust growth.

No petrol, diesel price hike after assembly polls: Govt

No petrol, diesel price hike after assembly polls: Govt

Rediff.com28 Apr 2026

The government has dismissed speculation of an imminent increase in petrol and diesel prices, assuring citizens that there are no plans for a hike despite rising crude oil costs.

Five listed Reits distributed over Rs 2,500 crore in Q4FY26

Five listed Reits distributed over Rs 2,500 crore in Q4FY26

Rediff.com26 May 2026

India's five publicly listed Real Estate Investment Trusts (REITs) collectively distributed more than Rs 2,566 crore to over 425,000 unitholders in Q4FY26, with a cumulative distribution exceeding Rs 8,900 crore for the full fiscal year.

Petrol, diesel prices likely to rise soon: Govt sources

Petrol, diesel prices likely to rise soon: Govt sources

Rediff.com1 May 2026

Government sources indicate a potential increase in petrol and diesel prices due to rising global crude oil costs and losses incurred from a prolonged freeze on retail rates.

TVS Venu Group to bolster financial services presence with Jana SFB stake

TVS Venu Group to bolster financial services presence with Jana SFB stake

Rediff.com19 May 2026

TVS Venu Group has agreed to acquire a minority stake of up to 9.9 per cent in Jana Small Finance Bank, including a 4.9 per cent ownership by TVS Motor Company, through a combination of primary issuance of warrants and a secondary purchase.

Credit card adoption rises in Tier-II, -III cities

Credit card adoption rises in Tier-II, -III cities

Rediff.com20 May 2026

Credit card adoption is rapidly expanding beyond India's major metropolitan areas into Tier-II and Tier-III cities, driven by increasing incomes, digital awareness, and the integration of RuPay credit cards with UPI, according to a new report by SBI Card.

Which Industries Will Give Bigger Salary Hikes?

Which Industries Will Give Bigger Salary Hikes?

Rediff.com10 Jun 2026

'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'

91 Life Convicts Released From Telangana Prisons

91 Life Convicts Released From Telangana Prisons

Rediff.com2 Jun 2026

The Telangana Prisons and Correctional Services Department facilitated the release of 91 life convicts who were granted special remission by the state government. The released prisoners include 85 men and six women, all of whom were found eligible for remission under the government's prescribed guidelines.

UPI Transactions Surge To Record Highs In May: Key Drivers

UPI Transactions Surge To Record Highs In May: Key Drivers

Rediff.com1 Jun 2026

UPI transactions in India reached record highs in May, driven by summer travel and the IPL, with transaction value hitting Rs 29.90 lakh crore and volume reaching 23.2 billion.

West Asia crisis fuels EV boom, Tatas ramp up output by 50%

West Asia crisis fuels EV boom, Tatas ramp up output by 50%

Rediff.com29 May 2026

"There is a sharp jump that we have seen in bookings of EVs... The jump, at least in our case, in just two months, it is about 2 to 2.5 times of what it used to be"

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com12 May 2026

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

Titan's expansion plans earn glittering outlook

Titan's expansion plans earn glittering outlook

Rediff.com6 Jun 2026

Titan Company's ambitious roadmap to achieve a 20 per cent revenue compound annual growth rate (CAGR) by financial year 2030 (FY30) has garnered a positive outlook from analysts, who highlight the company's strong brand, sourcing capabilities, and diversified portfolio as key strengths.

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Rediff.com8 May 2026

Retail giant Walmart has announced that India has become one of its fastest-growing sourcing hubs globally, with the company having procured over $40 billion worth of goods from the country. This initiative aims to expand supplier capabilities, improve compliance standards, and help Indian manufacturers scale exports worldwide.

Rich Indians Are Spending More Money On...

Rich Indians Are Spending More Money On...

Rediff.com28 Apr 2026

Travel is now the dominant spending category for India's affluent consumers, who are prioritising experiences and luxury goods over retail buying, according to a new report.

Bank valuations slump despite stronger earnings growth

Bank valuations slump despite stronger earnings growth

Rediff.com26 May 2026

The Bank Nifty is currently trading at a 43.5 per cent discount to the Nifty 50, near its widest gap since 2015, reflecting investor pessimism despite the banking sector's strong earnings growth.

Indian Equities Snap Losing Streak, End Marginally Higher

Indian Equities Snap Losing Streak, End Marginally Higher

Rediff.com13 May 2026

Indian benchmark equity indices, Sensex and Nifty, closed marginally higher, breaking a four-day losing streak, despite elevated crude oil prices and ongoing geopolitical uncertainties. The market saw a temporary pause in panic selling, though cautious sentiment persists.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

Rediff.com4 May 2026

SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.

'Market Has Become Excessively Bearish On India'

'Market Has Become Excessively Bearish On India'

Rediff.com11 Jun 2026

'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'

Astrologer who predicted Vijay's win appointed OSD to CM

Astrologer who predicted Vijay's win appointed OSD to CM

Rediff.com12 May 2026

Tamil Nadu Chief Minister C Joseph Vijay has appointed Radhan Pandit Vettrivel, an astrologer and spokesperson for the Tamizhaga Vettri Kazhagam (TVK), as his Personal Secretary. The appointment has sparked controversy, with questions raised about the need for an astrologer in such a role.

Leasing of retail spaces in malls, high streets up 15% this year

Leasing of retail spaces in malls, high streets up 15% this year

Rediff.com23 Dec 2025

Leasing of retail space in shopping malls and high streets across India's top eight cities is estimated to rise 15 per cent to nearly 9 million sq ft this year on increased supply amid high demand from retailers, according to Cushman & Wakefield. The leasing of retail spaces stood at 7.8 million sq ft in 2024.

How Modi's Austerity Appeal Can Work

How Modi's Austerity Appeal Can Work

Rediff.com28 May 2026

Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.