Alongside seizing ₹818 million worth of food products, the regulator issued 10,047 improvement notices and recorded 1,133 licence suspensions through checks on 56,431 establishments

FSSAI

Business Standard

Direct-to-consumer (D2C) brands in India shipped 27 per cent more orders a day in the run-up to Diwali this year than in the same period last year, while the value of goods sold jumped about 45 per cent, according to a report.
ClickPost, an AI logistics automation and post-purchase platform for D2C and retail, analysed more than 8 crore orders placed on the websites of nearly 400 D2C brands. It compared the festive shopping windows of September 20 to November 5 this year and September 1 to October 17 last year.
According to ClickPost's report, gross merchandise value (GMV), the total value of goods sold, grew about 1.7 times faster than the number of orders.
The report said this was because shoppers bought higher-priced products despite rising retail prices, rather than looking for cheaper alternatives.
Spending was concentrated in high-value categories such as luxury fashion, skincare, wellness and jewellery, it said.
Despite the higher volumes, deliveries became more reliable. .

online shopping

According to ClickPost's report, gross merchandise value (GMV), the total value of goods sold, grew about 1.7 times faster than the number of orders

Press Trust of India

Oil marketing companies have tightened monitoring at retail outlets, requiring regular checks of underground storage tanks and dispensing nozzles to prevent water contamination in E20 petrol

petrol pump, petrol

The 12 new ECMS projects are expected to generate production worth ₹39,045 crore and create 7,127 direct jobs, while the ISM 2.0 portal will accept only complete applications.

ecms project

Jewellers reported strong footfalls and sales on Dhanteras as gold prices eased from their highs, while wedding purchases, old-gold exchanges and lightweight jewellery boosted demand.

jewellery shopping | Image: Kamlesh Pednekar

Bharti Airtel has restored its 28-day ₹299 prepaid plan after net customer additions slowed in Q2FY27, while shifting focus to upgrades, postpaid and other levers to boost ARPU.

Airtel

Industry body FISME has urged the government to provide additional ECLGS 5.0 guarantee allocation in the Union Budget to clear eligible MSME loan applications left pending.

MSME credit target FY26, MSME loans public sector banks, PSB MSME lending growth, Finance Ministry MSME focus, India MSME sector credit, SBI MSME loan target 2025, PNB MSME lending growth, MSME credit outstanding FY25, MSME loan YTD growth 2025, GNPA

Automobile dealers expect strong Dhanteras sales today, with demand holding up across two-wheelers, passenger vehicles and commercial vehicles, while supply constraints in electric vehicles are likely to limit deliveries in some segments.
Federation of Automobile Dealers Associations (FADA) President Sai Giridhar said the overall market sentiment was positive, with demand remaining strong across vehicle categories.
"Overall, it is a strong demand. And all segments put together, be two-wheelers, four-wheelers, commercial vehicles, all segments are going strong. Though probably in electric vehicles -- two-wheelers or four-wheelers -- you can see some supply constraints," he said.
Auto dealers said the festival calendar, with Dhanteras on November 6 and Diwali on November 8, placed a major retail sales period within the month.
According to them, vehicle registration trends during the festival season have been encouraging so far.
Entered November with optimism. FADA's online members' 

vehicles, vehicle, auto, automobile

Dealers expect healthy Dhanteras sales on November 6, with demand holding up across two-wheelers, passenger and commercial vehicles. Supply constraints, however, may limit electric vehicle deliveries

Overall vehicle retail fell to about 3.17 million units as Diwali shifted to November this year, while electric vehicle sales rose 45 per cent to a record 355,000 units

Passenger Vehicles, GST, Auto industry, Car sales

India's automobile retail sales declined 23.8 per cent year-on-year to over 31.72 lakh units in October this year on a high base, with a decline in two-wheeler and passenger vehicle registrations, according to data from the Federation of Automobile Dealers Associations (FADA).
The drop reflects Dhanteras and Diwali falling in November this year, while both Navratri and Diwali were in October last year, with strong pent-up demand post the GST cut.
Two-wheeler retail sales fell 28.35 per cent to 23.21 lakh units, while passenger vehicle sales dropped 4.23 per cent to 5.08 lakh units during the month.
"October is India's largest retail month of the year, and this year it must be read with the calendar firmly in mind," said FADA President Sai Giridhar, adding that the year-on-year decline is almost entirely optical.
"Last October was an exceptional month that carried both Navratri and Deepawali together, over and above the pent-up demand released after the GST 2.0 rate cuts of 22nd ...

Rising fuel prices have boosted demand for electric vehicles, with EV passenger vehicle sales climbing 26% during Navratri, even as supply shortages leave dealers struggling to keep pace.

Two-wheeler retail sales fell 28.35% and passenger vehicle registrations declined 4.23%, while electric vehicle sales hit a record of around 355,000 units, Fada data showed

Passenger vehicle inventory stood at 43-45 days despite record wholesale dispatches, FADA said, while expressing hope that strong festive-season retail sales would help reduce stock levels

Reuters

While overall asset quality across sectors has improved since pre-pandemic levels, bad-loan ratios for micro enterprises have stagnated

MSME exports

TNC Rajagopalan answers SME queries related to GST, export and import matters

import, export, tariff, trump tariffs

The newly approved fund will provide equity capital to growth-stage SMEs, with a focus on manufacturing firms and industrial clusters in Tier-II and Tier-III cities, to boost expansion and exports

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The India SME Forum estimates the MSME procurement economy at ₹124.9 trillion, but says only 30-40 per cent of spending currently takes place through digital channels

The IFC loan will support about 864,000 rural women across agricultural value chains, with up to 90 per cent of financing directed towards women borrowing through self-help groups

State Bank of India (SBI)

Outstanding gold loans at NBFCs rose 66.1 per cent year-on-year in September, outpacing other retail segments, while concerns emerged over lending to borrowers with overdue loans

gold loan

The partnership will use J.P. Morgan Payments' Xpedite solution to enable direct local-currency settlements and reduce the need for intermediary currency conversions

IndusInd Bank

Uday Kotak expects another 50-75 basis points of repo rate hikes and warns of prolonged Middle East risks, but sees Indian equities well placed to attract foreign investors.

Uday Kotak

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