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Ecommerce firms too see a major bump up in sales during Dussehra and Diwali.

E-commerce discounts hit offline sales of consumer durables

E-commerce platforms account for just 5 to 10 per cent of the entire consumer durable sales.

30 Nov 2018 10:17 AM IST

Rising input costs due to strengthening of the US dollar and increase in oil prices will make price hikes of consumer durable products inevitable from June, Godrej Appliances said.

Godrej Appliances slashes prices by 10 pc after GST rate cut

These products were earlier placed under the 28 per cent tax slab, which was recently reduced to 18 per cent.

27 July 2018 5:15 PM IST

Thanks to the GST rate cut, consumer durables, which have been witnessing a slower growth for the past six quarters, are expected to return to double-digit growth with the sentiments improving during the festival season.

GST rate cut to boost consumer durables sales this festive season

The government also had reduced the GST rate of paints from 28 per cent to 18 per cent.

24 July 2018 12:54 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Consumer durables, FMCG stocks surge up to 10 pc on GST rate cut

The GST Council on Saturday cut tax rates on 88 items, including footwear, refrigerator, washing machine and small...

23 July 2018 6:29 PM IST

Thanks to the GST rate cut, consumer durables, which have been witnessing a slower growth for the past six quarters, are expected to return to double-digit growth with the sentiments improving during the festival season.

Consumer durables report steady growth in 2019; slowdown a threat in...

The consumer durables sector, estimated to be around Rs 76,400 crore in FY'19, logged a growth rate of about 10 per...

23 Dec 2019 9:34 AM IST

Traditional distribution account for close to 90 per cent of Usha Internationals revenue but now the company has drawn a strategy to increase organised retails share rapidly.

Usha International toying with franchisee model

Now organised retail account for Rs 300 crore sales out of Rs 3,000 crore topline of the company.

23 Jun 2019 11:01 AM IST

Imports of refrigerators, washing machines and ACs are 150 per cent, 484 per cent and 624 per cent higher than exports.

Imports of consumer durables soar in FY19

FTAs helping imports even as India's exports come down.

29 July 2019 6:54 AM IST

Thanks to the GST rate cut, consumer durables, which have been witnessing a slower growth for the past six quarters, are expected to return to double-digit growth with the sentiments improving during the festival season.

Consumer durables may also face slowdown heat

As per Equirus Capital pricing may come under pressure due to rising competition as MNCs' targeting market share gains.

25 July 2019 1:02 AM IST

The industrial growth measured by the Index of Industrial Production (IIP) for 2017-18 too decelerated to 4.3 per cent from 4.6 per cent in the previous fiscal. The IIP had grown by 4.4 per cent in March 2017.

Industrial production growth slows to 4-month low of 2 per cent in...

Factory output, as measured by the Index of Industrial Production (IIP), had expanded by 7 per cent in June 2018.

9 Aug 2019 7:31 PM IST

Thanks to the GST rate cut, consumer durables, which have been witnessing a slower growth for the past six quarters, are expected to return to double-digit growth with the sentiments improving during the festival season.

Consumer durable manufacturers look forward to festive season for...

Manufacturers expect factors like good monsoon and recent stimulus measures by the government will have positive impact...

29 Sept 2019 3:50 PM IST

All types of retailers should be allowed home delivery. (AP Photo)

Retailers still cautious about festive season hiring

Retail stores usually hire more hands for in-store promotions and installations during the festive season

13 Sept 2021 8:40 AM IST

The industrial growth measured by the Index of Industrial Production (IIP) for 2017-18 too decelerated to 4.3 per cent from 4.6 per cent in the previous fiscal. The IIP had grown by 4.4 per cent in March 2017.

Industrial output dips to 4.4 per cent

However, despite a low growth RBI is not expected to cut interest rates in the next policy review meeting due to...

12 May 2018 12:17 AM IST