Spending on the High Street has never been cheaper for such a long period of time. If you walk through Mumbai&rsquo;s Linking Road that houses the showrooms of some of the world&rsquo;s biggest brands, it&rsquo;s almost a surreal experience: be it Mango or Vera Moda, or Jack &amp; Jones, or even shoe brand Aldo &ndash; all these premium retailers are literally shouting from the rooftops that they are offering up to 70% discounts. Some like designer wear Mogra has gone one up and is offering up to 80% 'sale'.

Retailers try to outdo each other to sell more for less

Business Standard

Spending on the high street has never been cheaper for such a long period. If you walk through the city&rsquo;s Linking Road that houses showrooms of some of the world&rsquo;s biggest brands, it&rsquo;s almost a surreal experience: be it Mango, Vero Moda, Jack &amp; Jones, or shoe brand Aldo &mdash; all these premium retailers are literally shouting from their rooftops that they are offering up to 70 per cent discounts.

Retailers' mantra: Sell more for less

The cotton textile industry will have to wait for some more time before the government and the Reserve Bank of India (RBI) finally come to their rescue and restructure their debt.

Textile firms' loan restructuring in a pause mode

As the turmeric prices falling neat to cost of production, farmers are likely to get support from government procurement. Turmeric is not covered under minimum support price mechanism and hence state agencies procure this saffron from south on commercial basis only.

AP seeks union govt's permission to procure turmeric

The Andhra Pradesh government has sought central approval for procurement of 25,000 tonnes of turmeric under the market intervention scheme, to stop the fall in prices of the spice.

To stop price slump, Andhra seeks Centre's approval to buy turmeric

Slowdown prompts apparel retailers to advance sale periods to clear inventory.

Sharleen Dsouza