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Anurag Mathur, Partner and Leader - Consumer and Retail, PwC India,

Retail sector to top $1 trillion in 5 years: PwC

Indian retail sector, which is growing at a CAGR of 15 percent, is expected to reach USD 1 trillion over the next five years, buoyed by the growth of new stores and e-commerce, according to a report. India’s robust economic growth and rising household incomes are expected to increase consum…

Databank-Kalraj-Mishra

MSME Databank launched; salient features you need to know

Union Finance Minister Arun Jaitley has launched the MSME Databank alongside Online Finance Facilitation Web Portal at the 14th National Board for MSME Meeting in New Delhi on August 11. The portals aim to provide collective funding options for MSMEs sourced from major financial institutions. “Th…

Pharma111

Pharma sector receives Rs 4,975-cr FDI in FY16: Govt

The drugs and pharmaceuticals sector has received Foreign Direct Investment (FDI) of Rs 4,975 crore in 2015-16, parliament was informed.  “In the year 2014-15, FDI equity inflow of Rs 9,052 crore and in the year 2015-16, inflow of Rs 4,975 crore have been received in the drugs and pharmaceu…

digital payments market

Indian digital payments market to reach $500 bn by 2020: Report

Digital payments market size in the country is expected to touch USD 500 billion by 2020, accounting for about 15 percent of gross domestic product (GDP), a report said on July 25. The ‘Digital Payments 2020’ report, jointly published by Google and Boston Consulting Group, projects th…