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Indian hotels capitalizing on high demand despite dipping occupancy, steers focus on revenue
Hotel chains remain unconcerned about a decline in occupancy rates, directing their attention towards bolstering revenue through market absorption of increased rates.According to a...
FSSAI enhances accessibility: FoSCoS portal now available in four additional regional languages, more to follow soon
To improve user experience and accessibility, the Food Safety and Standards Authority of India (FSSAI) has introduced the Food Safety Compliance System (FoSCoS) portal...
Riding high on festive demand and increased footfall, Kalyan Jewellers posts strong Q2 profits
Kalyan Jewellers India witnessed a notable 27.1% increase in its second-quarter profit on Tuesday. This uptick was fueled by a rising domestic demand for...
India’s edible oil imports surge to record highs in FY 2022/23: Palm Oil and sunflower oil soar, while soyoil declines
India's palm oil and sunflower oil imports saw substantial growth in the fiscal year 2022/23, surging by 24% and 54%, respectively, reaching record highs....
India set to become a major manufacturing hub for global luggage giant Delsey Paris
Davide Traxler, the global chief executive of Delsey Paris, announced that the European premium luggage brand is planning to establish India as a manufacturing...
GTRI proposes strict policies to combat consumption of unhealthy food in India
On Friday, the Global Trade Research Initiative (GTRI) proposed that the government implement rigorous policies, including raising taxes on unhealthy food products and launching...
India’s first-ever shipment of bananas by sea to Europe flagged off
India’s first-ever shipment of bananas to Europe by the sea route was flagged off on Thursday.The pioneering effort orchestrated by the Agricultural and Processed...
Amazon rolls out first 100% electric last-mile delivery fleet in India
Ecommerce giant Amazon has made a significant stride in India by launching its last mile fleet program with an exclusive fleet of 100% electric...
Walmart eyes major expansion in India, aiming to source $10B worth of goods annually
Walmart, which regards India as a key market for sourcing, is actively seeking to collaborate with emerging Indian suppliers and manufacturers as it aims...
Rural India drives 9% growth in India’s packaged consumer goods sector
India's packaged consumer goods sector saw a remarkable 9% increase in value and an 8.6% rise in volume during the September quarter compared to...
India and Brazil strengthen trade ties with MoU for soybean oil imports
The Solvent Extractor's Association of India (SEA) and the Brazilian Association of Vegetable Oil Industries (ABIOVE) have entered into a memorandum of understanding (MoU)...
India leads Asia-Pacific markets as top performer for global consumer goods corporations
The Indian market has showcased remarkable performance in contrast to the rest of the Asia Pacific, including China, for numerous major global consumer goods...