Retail sales in shopping malls to grow 29% annually to reach $39 billion by FY28
NEW DELHI: Retail sales in shopping malls across top eight cities are expected to grow 29 per cent annually to reach USD 39 billion by 2027-28 fiscal on consumption growth and opening of new malls, according to a property consultant. Knight Frank on Tuesday released a report ‘Think India, Think Retail 2022 – Reinventing Indian […]
Former RBI deputy governor BP Kanungo, Kaushik Dutta join BharatPe board
NEW DELHI: Fintech unicorn BharatPe has appointed former RBI deputy governor B P Kanungo and TARI founder Kaushik Dutta as independent directors as it looks to strengthen governance rigour and transparency in the preparation of a listing. “Business is about to turn profitable in a few months and we are strengthening governance at the company […]
Many countries interested in bilateral rupee trade: India
NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday said many countries have evinced interest for bilateral trade in the rupee after the RBI announced a mechanism recently. Speaking at Hero Mindmine Summit, she said this along with other steps taken by the government is towards full capital account convertibility. “It isn’t the ruble-rupee which was […]
Anti-cancer drugs, anti-infectives among 384 drugs included in NLEM 2022
NEW DELHI: Thirty-four drugs, including some anti-infectives such as Ivermectin, Mupirocin and Nicotine Replacement Therapy, have been added to the National List of Essential Medicines taking the total drugs under it to 384. Several antibiotics, vaccines and anti-cancer drugs will become more affordable by their addition to the list. However, 26 drugs such as Ranitidine, […]