Nooyi said scrapping of the high-denomination rupee notes in November was a massive change because 80 per cent of the currency was taken out of circulation and the implementation of the measure had its share of challenges…READ MORE
KEEP READINGNoida’s pubs and bars that have been severely hit by the demonetisation move didn’t get enough business on Christmas and aren’t expecting good business on the New Year’s Eve either…READ MORE
KEEP READINGDemonetisation has impacted the eating habits of the people. And business at many well-known or lesser known eateries has been hit. But how bad is it?…READ MORE
KEEP READINGHDFC Bank’s two-year-old milk-to-money programme, which has been extended to 12 states, is now seeing demand from milk procurers all over the country…READ MORE
KEEP READINGEuromonitor Internationalwhich is a market research organisation on consumer products, commercial industries, demographics trends and consumer lifestyles in India today said industries with low income elasticity, such as hot drinks, home care and packaged food etc are less likely to be impacted adversely due to the short-term cash crunch…READ MORE
KEEP READINGTraders are contemplating shuttering their operations in a few days if there is no respite from the cash crunch, which has triggered a payment crisis and sparked heated arguments between farmers, who are offering perishables at half to one-third the price that prevailed last week, and traders, who don’t have legal cash to pay…READ MORE
KEEP READINGWe have requested again that in back-end infra investment, you should allow a portion of whatever investment you make to be put in non-food items… It’s my dream vision to create that, said Harsimrat Kaur Badal…READ MORE
KEEP READINGIn news that may be hard to swallow, eateries whose food has become synonymous with Lucknow’s name, from 126-year-old Raheem’s Kulche Nahari to 118-year-old Tunday Kababi, Idrees’s Biryani and Dastarkhwan all have been hard hit, with business dipping to a shocking 50 per cent…READ MORE
KEEP READINGThe monthly shopping of groceries too remained low. Shopowners believe that this trend may affect the way goods will be stocked in the coming months…READ MORE
KEEP READINGAs people made a beeline for banks to withdraw money after their salaries or pensions landed in their accounts, a majority of the grocery shopowners reported a 60-70 per cent drop in footfall on Thursday…READ MORE
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