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Electronics Companies: It added that the component ecosystem would take at least 2-3 years to start commercial production. Once it takes off, domestic manufacturing of components should be able to cater to 5-10% of global demand in 6-7 years, ICEA said, adding international firms should be invited to get a major share in the domestic and global component manufacturing market.

The CBI has arrested former DHFL Director Dheeraj Wadhawan in connection with the alleged defrauding of a 17-member lender bank consortium to the tune of Rs 34,000 crore, officials said Tuesday.

SWAMIH I invested in Hubtowns Rising City project near Eastern Express Highway, benefiting homebuyers amidst regulatory issues, as part of the governments initiative to aid stalled projects.

BDA told Bescom that it is planning to expand Shivarama Karanth Layout in 12 villages in Yelahanka taluk and one in Bengaluru North taluk.

The first store will be opened at Central Delhis Rajiv Chowk metro station, to tap into the high footfall it receives. It will be owned and operated by National Cooperative Consumers Federation of India Ltd (NCCF) - an organisation that procures agricultural commodities like food grains, pulses, spices, oil seeds, pharmaceutical items and other consumer goods on behalf of the government and sells to consumers at reasonable rates.

GTRI has recommended that the Indian government implement stringent policy measures to curb the rising consumption of harmful processed foods. The Global Trade Research Initiative (GTRI) recommends increasing taxes on unhealthy food items and conducting public health campaigns to help consumers make informed choices about their food.

According to mall owners, rising appetite for luxury, more awareness and increasing disposable incomes are among key reasons for retail trade to grow overall, and as a result, malls as organized retail spaces are doing good business.

The share of warehousing leasing by retailers in India decreased by almost a third in the first half of 2021 due to a slowdown in consumer spending on discretionary products. Retailers leased 9% of the warehousing space during this period, compared to 13% in the previous year. On the other hand, consumer goods companies doubled their share to 6%, while the auto segment increased their leasing from 5% to 7%.

Gold Demand: Though the price of gold is on the higher side at Rs 59,000 per 10 gm compared to Rs 50,880 per 10 gm this time last year, sales would have been good had there not been a rally in the stock market, said Surendra Mehta, national secretary, Indian Bullion & Jewellers Association (IBJA).

Covid had helped boost demand for luxury brands in India as international travel restrictions shifted sales to domestic stores. That is now sto get another boost due to narrowing of the price gap between foreign and local markets after accounting for the 20% tax collected at source (TCS), mall owners said.