Super market

FRAI appeals Centre to cut high taxes on daily goods to stem their illicit trade

High taxes on 'Make in India' products are creating a huge demand for smuggled and counterfeit products across the country and are forcing millions of small and impoverished shopkeepers to deal with criminals and be part of this illegal activity, the Federation of Retailer Association of India (FRAI) said on Tuesday Jan 17, 2023
Indian Rupee

Credit offtake in elevated levels: CARE Ratings

The credit offtake in India remained at elevated levels of 17.5 per cent year-on-year (YoY), reporting robust growth for the fortnight ended December 2, said credit rating agency CARE Ratings. Dec 27, 2022