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  • India's retail inflation likely declined further to 2.7% in May: BoB Report

    Bank of Baroda projects India's retail inflation to ease to 2.7% in May 2025, driven by softening food prices, offering relief to consumers and policymakers. Simultaneously, US inflation cooled, raising expectations for Federal Reserve rate cuts in September. Market reactions were mixed, with US stocks cautious and Asian equities resilient amid US-China trade developments.

    india s retail inflation likely declined further to 2 7 in may bob report
  • Nike makes history with first-ever collab with an Indian designer

    Nike collaborates with NorBlack NorWhite, an Indian fashion label. The collection launches globally on June 11. It features bandhani, an Indian tie-dye technique. The designs include sportswear for women. Indian athletes are part of the campaign. The collaboration brings Indian craftsmanship to the global stage. It is a cultural reset in motion.

    nike makes history with first ever collab with an indian designer
  • Rapido’s food delivery entry unlikely to dent duopoly, say brokerages

    Rapido's entry into Bengaluru's food delivery market, challenging Zomato and Swiggy with flat fees, faces skepticism from brokerages. Analysts cite operational complexities, capital intensity, and customer experience as significant hurdles. While Rapido leverages its rider base, concerns remain about delivery experience and the incumbents' established logistics and partnerships, limiting potential disruption.

    rapido s food delivery entry unlikely to dent duopoly say brokerages
  • QSR firms' margins under pressure, food delivery firms show improvement

    A recent report indicates that Quick Service Restaurants (QSRs) are experiencing margin pressure due to inflation and slowed expansion, while food delivery firms like Swiggy and Zomato have improved their margins. Increased competition from aggregators and their dark kitchen brands further intensifies the challenges for QSRs.

    qsr firms margins under pressure food delivery firms show improvement
  • Gold prices edge down as traders monitor US-China talks

    "Over the last several sessions, we've seen gold retrace a bit off the recent highs, mostly done on the back of optimism in regards to the expectations of negotiations between China and the U.S., UK and Russia," said David Meger, director of metals trading at High Ridge Futures.

    gold prices edge down as traders monitor us china talks
  • Orkla India files IPO papers with Sebi

    Orkla India, owner of MTR and Eastern brands, has filed for an IPO with SEBI, offering 2.28 crore shares for sale by its promoter and shareholders. The IPO is entirely an offer for sale, with no proceeds going to the company. The Indian packaged food market is estimated at Rs 10.18 lakh crore in FY24.

    orkla india files ipo papers with sebi
  • US trade pact set for early finish: Piyush Goyal

    India and the US are progressing towards a trade agreement. The target is before fall 2025. Piyush Goyal highlights India's strong position with existing FTAs with various nations. Discussions are ongoing with the US, EU, Peru, Chile, and Oman for further trade agreements. Goyal notes the world recognizes India's growing economic strength.

    us trade pact set for early finish piyush goyal
  • Jubilant promoters eye Rs 2,000 crore via stake sales for Hindustan Coca-Cola Beverages deal

    Jubilant Bhartia Group's promoters are selling minority stakes in listed companies to raise ₹2,000 crore for partially funding the acquisition of a 40% stake in Hindustan Coca-Cola Beverages (HCCB). Goldman Sachs Asset Management has already raised $600 million for the deal, and the group is divesting non-core assets. The deal values Coca-Cola’s bottling arm at ₹31,250 crore.

    jubilant promoters eye rs 2 000 crore via stake sales for hindustan coca cola beverages deal
  • Marico presses ahead with Saffola clean oil play

    Marico has entered the cold-pressed edible oil market with Saffola cold pressed oils, aiming to broaden its health-focused product line in response to rising consumer demand for clean-label and functional foods. The FMCG major is initially launching the product on quick commerce and digital platforms, targeting health-conscious and tech-savvy consumers.

    marico presses ahead with saffola clean oil play
  • Mansion House brand's global ownership goes to Allied Blenders

    Allied Blenders and Distillers Ltd (ABD) has acquired global ownership of 'Mansion House' and 'Savoy Club' liquor brands by acquiring UTO Asia Pte. Ltd. The deal, approved on June 10, 2025, for €1.225 million, excludes certain Southeast Asian markets. This acquisition aligns with ABD's strategic expansion goals, strengthening its brand presence internationally.

    mansion house brand s global ownership goes to allied blenders
  • United Breweries receives Rs 18.60 cr GST order

    United Breweries faces a tax demand of Rs 18.60 crore from the Kerala State Goods & Services Tax Department. The demand relates to alleged non-payment of turnover tax on beer sales. It pertains to fiscal years 2022-23 and 2023-24. The company states it has already made provisions for this. United Breweries is considering legal options.

    united breweries receives rs 18 60 cr gst order
  • Proposed national e-commerce, retail trade policies under discussions: Piyush Goyal

    Commerce and Industry Minister Piyush Goyal announced revisions to the national e-commerce policy to reflect the sector's rapid evolution. Simultaneously, the retail trade policy is under review due to its interconnectedness with e-commerce. DPIIT has sought input from the National Traders' Welfare Board for the retail policy, aiming to streamline trade, improve ease of business, and promote digitization.

    proposed national e commerce retail trade policies under discussions piyush goyal
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