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Contribution from private labels, discounts and retail expansion boost sales

Contribution from private labels, discounts and retail expansion boost sales

The Indian rupee opened on a weak note and fell 12 paise to 71.78 against the US dollar in early trade on Wednesday, amid weak opening in domestic equities and sustained foreign fund outflows.

Crisil Rating on Monday sharply revised India's growth outlook for fiscal 2020 to 5.1 per cent from 6.3 per cent, citing a dip in fixed investment, weak private consumption growth, weak growth in tax collections and industrial production among others.

Finance Minister Nirmala Sitharaman on Tuesday said that the government is committed to take up further reform measures in the economy.

The 3rd edition of National Public Procurement Conclave (NPPC) is being organised by Government e-Marketplace (GeM) in association with Confederation of Indian Industry (CII) on 5-6 December 2019 in New Delhi.

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