NATIONAL RETAIL FEDERATION
Milk & money: What’s making India’s daily dose of doodh more expensive?
Amul and Mother Dairy have recently raised milk prices by Rs 2-4 per litre to address higher production costs. Karnataka's Nandini also increased prices in early November to enhance farmer earnings. Rising expenditures for fodder, cattle feed, and operational costs have pressured dairy companies. Although India remains the largest milk producer, growth rates have slowed, affecting supply dynamics.
When is Veterans Day 2026? Are post offices, USPS, UPS and FedEx open or closed? Is there mail delivery?
When is Veterans Day?: Veterans Day 2026 falls on Wednesday, November 11. USPS post offices will be closed and regular mail delivery will be suspended on Veterans Day, while UPS will operate normally and FedEx will follow a modified service schedule. Regular USPS services will resume on Thursday, November 12.
How will Democrats reduce your grocery bill once they take over Congress? Will rolling back Donald Trump's tariffs make food cheaper?
Democrats won both chambers of Congress after campaigning on the cost of living. Their grocery proposals range from rolling back tariffs to protecting food assistance. Some measures could help families pay for food even if the prices on the shelves stay the same.
Jensen Huang affair controversy: 10 American company CEO's who resigned after their extramarital affairs or relationships became public
Nvidia CEO Jensen Huang's admission of infidelity has led to attention to other American business leaders whose personal relationships led to their resignations. From Boeing's Harry Stonecipher and Intel's Brian Krzanich to CNN's Jeff Zucker, here are 10 CEOs who stepped down after affairs or workplace relationships triggered company investigations and controversy.
Jewellers report brisk Dhanteras sales as gold price drop lures buyers; volumes seen flat
Volumes, however, are likely to remain roughly flat from a year earlier because prices are still well above last year's levels, said Rajesh Rokde, chairman of the All India Gem and Jewellery Domestic Council (GJC).
India's Karnataka finds fuel samples exceeding 20% ethanol limit, state minister says
Surveys indicate that 80% of petrol stations in Karnataka are breaching the 20% ethanol limit in petrol sales. To address this, officials gathered 63 samples for testing after oil companies neglected to reveal ethanol percentages. The introduction of E20 petrol aligns with India's objectives to cut crude imports while boosting ethanol production.
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Dhanteras 2026: A 12% demand surge awaits Indian gold market even as prices hit two-week high
Jewellers expect Dhanteras gold sales to rise 10-12% on strong advance bookings, despite a 4.56% price surge in two days. Crisil expects jewellery sales volumes to fall 4-6%, with higher prices driving revenue growth of 20-21%.
Dhanteras gold, silver sales may rise 10% despite buyers opting for lighter jewellery: AIJGF
Sales of gold and silver jewellery for Dhanteras are expected to rise approximately 10% this year. The All India Jewellers and Goldsmith Federation predicts a sales figure of around Rs 66,000 crore. Consumers are opting for lighter jewellery due to elevated prices while managing their budgets. Despite the increase in value, total quantities sold may remain below last year’s levels.
US Midterm Elections: Democrats won Congress. Can they bring gas prices below $4? Here’s what can happen next
Democrats will take control of Congress in January and with U.S. gas prices still above $4 a gallon as of November 4. Their strongest option may be to use spending talks to pressure Donald Trump over the Iran war. Whether drivers see much relief could depend on what happens in the Strait of Hormuz.
Trump's loss in US midterms hands Indian gold buyers new setup before Dhanteras
Gold prices surged over 2% on Wednesday, with a weaker US dollar and lower Treasury yields supporting the rally after Democrats made gains in the US midterm elections. In India, 24-karat gold rose 2.26% to ₹14,280 per gram.
Sugar prices jump Rs 4/kg in a month, rise Rs 12-13 over year despite supply steps
Sugar prices in India have risen significantly over the past month in both retail and wholesale markets. Retail prices have now reached Rs 59.50 per kg while wholesale prices stand at Rs 55.40 per kg. Kolkata has the highest retail price at Rs 65 per kg followed closely by Delhi at Rs 64. The government is implementing measures to manage supply, including stock limits and imports. India produced 8.
Gold and silver prices correct ahead of Diwali: Buying opportunity or a trap?
Gold and silver have corrected sharply from record highs, but their long-term fundamentals remain supportive. Investors with a longer horizon may consider staggered accumulation, with gold and silver potentially recovering toward $4,750 and $75, respectively, by Diwali 2027.
Amazon projects fourth quarter sales below estimates
It expects revenue of between $240.0 billion and $247.0 billion in the fourth quarter, compared with analysts' average estimate of $244.51 billion, according to data compiled by LSEG.
FTC orders Walmart, Delta and others to share how they use personal data to set prices and pay
"We intend to scrutinize the opaque methodology that some companies in these industries may be using to determine how much consumers pay or how much gig workers are paid for the same product or service," FTC Chairman Andrew Ferguson said in a statement.
Amazon to recruit over 300,000 workers for holiday season in first hiring jump in three years
In a significant move, Amazon plans to hire over 300,000 employees in the US for the upcoming holiday season, marking its first recruitment boost in three years. Starting next year, seasonal workers who log at least 30 hours a week will enjoy healthcare benefits. Both full-time and seasonal positions offer a generous hourly wage of $20, coinciding with the projected US holiday sales surpassing $1 trillion this year.
Your $3.99 price tag may not match what you pay at checkout; US lawmakers demand answers after investigation uncovers widespread pricing discrepancies
Concerns have been raised by Congress regarding the pricing strategies of 7-Eleven and Circle K stores. An investigation unveiled notable discrepancies between listed prices on shelves and those charged at the register. Numerous consumers reported being overcharged, particularly on food and fuel items. Federal lawmakers are pressing the Federal Trade Commission to take action against these companies for misleading practices.
Canada revives Express Entry job offer points; Indian workers in high-wage jobs could gain an edge
In a significant move, Canada is modifying its approach to ranking skilled immigrants applying for permanent residency, set to be implemented by November 2026. The revised system will favour candidates with Canadian work experience in high-paying sectors and valid job offers. This policy aims to draw in skilled workers capable of contributing positively to the economy.
Festive cheer is high, but shoppers are counting every rupee
Consumers are maintaining festive spending but are focusing on value and utility as shopping habits evolve. Clothing remains the top category, while online sales are increasing, particularly among tier-2 and tier-3 cities. However, there is caution in purchasing patterns for high-priced items like jewellery and gold. Demand for groceries and fast-moving consumer goods is expected to grow during the festive season.
Strong majority of voters believes Trump is failing at home and abroad: AP-NORC poll
Federal authorities are investigating suspicious mailings received by congressional and election offices across the country. With Election Day approaching, the mailings are deemed potentially hazardous by law enforcement. In time, US President Trump plans to host rallies in support of Republican candidates in Iowa. Candidates are also navigating fundraising challenges as the midterm elections draw near. The political landscape appears increasingly competitive with various races across states tight.
Ensure protests don't affect businesses: Traders' bodies write to PM, CJI, Rahul Gandhi
Leading traders' bodies in Delhi have communicated with political leaders regarding the impact of protests on businesses. They emphasize the need for stronger measures to protect commercial activities during the festive season. Recent protests have led to significant barricading and disruption of essential transport routes. Traders are particularly concerned about the uncertainty caused by these demonstrations during an economically critical time.
UPI MDR rollout deferred beyond Diwali; date yet to be notified
NPCI framework, announced on September 15, was scheduled to take effect on October 15. It prescribed a 0.4% fee on eligible bank account-funded merchant payments above Rs 2,000, capped at Rs 300 per transaction.
Paytm, Pine Labs, Mobikwik shares crash up to 7% as UPI MPR fee rollout delayed beyond Diwali
Shares of Paytm, Pine Labs dropped after NPCI delayed the rollout of merchant discount rate (MDR) fees on select UPI transactions beyond Diwali. The rollout, earlier scheduled for October 15, was expected to boost fintech companies’ earnings during the festive season. NPCI said the revised implementation date would be communicated to stakeholders soon.
What new US crypto oversight rules mean for the market
Proposed US CFTC regulations could establish a global template for digital asset oversight. Bitget CEO Gracy Chen explains how clear federal rules can drive institutional adoption, protect investors, and spur innovation across stablecoins, tokenised real-world assets, and international markets including India.
Columbus Day 2026: Christopher Columbus never landed in mainland US. So why is there a federal holiday for him?
Columbus Day 2026: Christopher Columbus never set foot on mainland US, yet America observes a federal holiday in his name. He even did not proof that the Earth is round. Here's how Columbus Day began, its connection to Italian American heritage and why the holiday remains controversial in the United States.
Holiday today, October 12: Are banks closed today, and is the stock market open on Columbus Day 2026? Full list of what's open and closed
Columbus Day 2026: Monday marks Columbus Day and Indigenous Peoples' Day across the United States. Major financial institutions, including Bank of America, Wells Fargo, and Citibank, keep their physical branch locations closed. The New York Stock Exchange and Nasdaq remain open for regular trading sessions, running from 9:30 a.m. to 4:00 p.m. Eastern Time.
Port of Los Angeles sets September volume record, executive director says
The Port of Los Angeles achieved a new record for container volume in September with over one million TEUs. This increase is attributed to the arrival of holiday goods and the rerouting of ships due to Panama Canal restrictions.
Gold steady as markets strap in for inflation data
Gold prices showed little movement as early Asian trading commenced, with many awaiting US inflation data this week. Spot gold remained steady after reaching a one-week high on Friday, while US gold futures saw a slight increase. Key data to be released includes the Consumer Price Index and Producer Price Index reports on Wednesday and Thursday. Rising interest rates have impacted gold's attractiveness as an investment, amid ongoing economic concerns.
Trump’s AI liability push opens blame game for models gone rogue
Holding AI developers financially responsible for the safety of their products has won support from Treasury Secretary Scott Bessent and former White House AI czar David Sacks, who argue that existing liability laws would be more effective than new rules.
Paytm, Mobikwik, Pine Labs shares crash up to 10%. What’s behind the sharp plunge?
Paytm, Mobikwik and Pine Labs shares fall sharply as reports of a possible delay in UPI MDR implementation raise concerns over the fintech companies’ expected benefits from the new fee structure.
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