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Asus Plans To Expand Its Retail Presence To Tap The Indian Gaming Market

Asus, Taiwan tech major, is in a plan to boost its presence in India by introducing more stores that are dedicated to Republic of Gamers (ROG). At present, the company operates three of such stores in Kolkata, Bengaluru, and Bhubaneshwar and also intends to expand the number to 10 in the next year.

Siam Reports 9.36% Growth Of Automobile Market From April–Nov 2017

The sales figures of two-wheelers depicted 9.61% growth on the charts in the mentioned period. Segmenting the same, motorcycles and scooters witnessed a growth of 7.62% and 16.15%, respectively, while the sale of mopeds declined to 7.26% year-over-year.

Investment To Be Reach Up to $18 Billion In Food Processing Market

In the next four years, investment of $18 Billion in the country's food processing sector could come. According to a top government official, its main reason for this area's annual growth is more than 8%, which provides better business opportunities.

Myntra Achieves 40% Market Share In The Sportswear Segment

E-commerce firms have always been the game changers in the market that serves directly to the consumers. Same is the case with the fashion and E-commerce retailer, Myntra. The fashion and clothing retailer has witnessed a growth of 30% in the comparison year-over-year. The figures are majorly attributed to the sportswear segment in the duration of last five years.

Gold And Silver Market Plunges On The Grounds Of Low Demand

Keeping aside the stagnant trend of foreign markets, gold recently floored by Rs 10 to Rs 29,690 per ten grams. The key reason for this is the weakness of gold demand from local jewelers. Silver also dropped by Rs 75 to Rs 38,175 per kilogram due to demand weakness in coin makers and industrial units.

Fixing Of Minimum Import Price Has Positively Impacted The Black Pepper Market In India

The government has given relief to farmers troubled by the huge reduction in black pepper prices. For guarding the interests of farmers, the government has fixed the minimum import price of Rs 500 per kg. Due to the cheap imports from neighboring countries, prices of black pepper decreased from Rs 730 per kg to Rs 300.

RBI Strict Norms For Banks Creates Distress In Indian Diamond Market

With the entry of big public sector banks in (prompt corrective action) by Reserve Bank of India, the country's diamond trade has started worrying about the problems of bank finance in the coming days. Due to the default of Winsome Diamond's of Rs 6500 Crore, the banks are now distributing loans to this sector very thoughtfully. Now, with the strict vigilance of the RBI, industry execut ...