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India core sector: Core sector growth eases to a six-month low of 7.8% in November

The core sector output in India reached a six-month low of 7.8% in November, compared to 12% in October, due to a delayed festival season and a high base effect. The core sector growth averaged 9.9% in the two months, indicating continued infrastructure momentum in the third quarter. The Index of Eight Core Industries measures the output of key infrastructure industries, including coal, natural gas, petroleum refining, crude, electricity, cement, and steel.
Madan Sabnavis Aditi Nayar Rajani Sinha Index Of Eight Core Industries Ministry Of Commerce India Monetary Policy Committee

Amazon, Flipkart generate Rs 8,705 crore ad revenue in FY23, Retail News, ET Retail

In FY23, Amazon Seller Services, the marketplace arm of Amazon, recorded 29% growth in ad revenue at Rs 5,380 crore, according to the RoC filings sourced from business intelligence platform Tofler. For Flipkart Internet, the marketplace arm of Flipkart, revenue from this segment rose 60% to Rs 3,325 crore.
Uday Sodhi Hareesh Tibrewala Vishal Chinchankar Shashank Rathore Registrar Of Companies Ro Amazon Seller Services

National ecommerce policy in final stages; may be announced soon: Piyush Goyal, ET Retail

National E-commerce Policy: In August, the Department for Promotion of Industry and Internal Trade (DPIIT) held a detailed discussion with representatives of ecommerce firms and a domestic traders body on the proposed policy.
Piyush Goyal Department For Promotion Of Industry Internal Trade Foreign Direct Investment Nationale Commerce Policy Proposed Policy

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