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Retail inflation accelerated in April on the back of hardening prices of some food items, while industrial output growth slowed in March, raising fresh worries for policy makers battling to boost growth and tame price pressures.
In order to increase retail consumption, brands are all set to invest close to Rs 2,500-3,000 crore over the period of next four months on the action packed T20 matches to gain ground and on air sponsorship.
ICRA expects large retailers to record 10%+ growth over the short to medium term buoyed by improving consumer sentiments and aggressive store expansion.
The increasing demand and supply gap in housing projects has left Gurgaon housing market with unsold inventory sizing 19 million sq ft, which counts to 28 per cent of teh total under-development area, reported PTI.
With domestic demand growing at a steady rate and production unlikely to witness a sharp increase due to limited availability of land, tea prices are likely to remain buoyant for short to medium term, according to credit rating agency ICRA.