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Consumer confidence continues upward trajectory: RBI survey

Indian consumers showed increasing optimism about the general economic conditions and household income, according to a survey conducted by the Reserve Bank of India in January...

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Phoenix Mills records 78% on-year rise in Q3 net profit at Rs 176.4 crore

The company’s operating profit for the quarter rose 67% from a year ago to Rs 384.5 crore. Collection from retail operations in the December quarter stood at Rs 540.1 crore. Operating profit for the segment...

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Key emerging fashion retail trends to watch in 2023 and beyond

CustomerAmong major trends, 2022 reinforced the fact that e-commerce and omnichannel are here to stay. For fashion brands to remain future-ready,...

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Taurus Investment planning mixed-use properties in India

US-based Taurus Investment Holdings is planning to develop retail-led, mixed-use properties in India, according to a top executive...

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How technology is driving the future of retail

Another triggering factor is the Open Network for Digital Commerce (ONDC), launched by the government of India. The pilot program will allow businesses of all sizes to join the digital commerce revolution...

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RP Sanjiv Goenka Group to invest Rs 10,000 cr in Uttar Pradesh

RP Sanjiv Goenka Group said it will invest Rs 10,000 crore in Uttar Pradesh. The announcement was made by group head Sanjiv Goenka during a meeting with Chief Minister Yogi Adityanath...

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Oberoi Realty acquires eight acres land in Thane for Rs 192.31 crore

This land purchased from Blue Star are adjoining the existing lands owned by Oberoi Realty admeasuring approximately 60 acres...

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Consumer durables and appliances sector expects economic revival at an accelerated rate

Consumer durables and appliances companies expect Budget 2023 will provide an impetus for growth across sectors that will help the economy revive...

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2023 Union Budget of India: A progressive plan to fuel the economy's growth

The Indian economy has received a much-needed boost with the announcement of the Union Budget for 2023-2024, which has been widely praised for its progressive plan aimed at boosting the country's economy...

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Budget 2023 brings 'Amrit Kaal' for Indian economy: Arvind Mediratta, MD & CEO, Metro Cash and Carry India

New Delhi: The middle class which has been ignored in the previous 4-5 Budgets got what they wanted this year, said Arvind Mediratta, MD and CEO, Metro Cash and Carry India while speaking to ETRetail in a post-Budget analysis...

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Real Estate Budget 2023: Double non-taxation on REITs finally addressed

From April 1, 2024 (assessment year) all distribution by a REIT/InvIT representing repayment of debt is taxable as "other income" in the hands of the unit holders...

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DLF Malls launches 'My Kind of India' song on Republic Day to celebrate the spirit of new India

On the auspicious occasion of Republic Day, DLF Malls launched an original soundtrack, 'My Kind of India', which is a reflection of the beautiful,...

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‘Unity mall’ in every state capital: What the Budget says

Finance Minister Nirmala Sitharaman announced in the Budget that states would be encouraged to set up a “Unity Mall” in their capitals, their most prominent tourism centres,...

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Union Budget provisions that boost consumer confidence and encourage discretionary spends will revitalize FMCG sector growth

FMCG companies are grappling with the dilemma of what kind of growth to target – volume or value – amidst the persistently high inflation...

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High street rentals in top 8 cities soar up to 50% in 2022

Rentals at high-street locations in the country’s top eight cities surged up to 50% in 2022 even as shopping malls saw a 10% year-on-year average rent increase, an analysis by commercial real estate consultants Cushman...

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Orion Mall unveils unique 60-foot “Ship of Patriotism” on India’s 74th Republic Day

Orion Malls by Brigade Group celebrated India’s 74th Republic Day by unveiling a unique, 60-foot “Ship of Patriotism” on the 26th of January 2023 at the lakeside of Orion Mall, Brigade Gateway...

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LuLu Expansion Plan On Track In India

The UAE-based LuLu Group, one of the world’s fastest-growing retail chains with more than 245 hypermarkets, supermarkets and shopping malls, is a global business house aligning...

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DLF's net profit up 36.48% in Q3 FY23

DLF's 's consolidated total income stood at Rs 1,559.66 crore in Q3 FY23, a dip of 7.54 per cent from Rs 1,686.92 crore it recorded in the similar quarter last year...

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