Latest news with #I-day
Time of India
2 days ago
- Politics
- Time of India
I-Day celebrated with patriotic fervour in state
1 2 Ranchi: Independence Day was celebrated with fervour all over the state on Friday. Governor Santosh Kumar Gangwar unfurled the national flag at Morhabadi ground in Ranchi even as numerous functions were held by political parties, administration, judiciary, social organizations, schools and other institutions. Meanwhile, police were on the vigil, particularly in extremist-sensitive areas of the state, to prevent untoward incidents. A central reserve police force official stated, "Our personnel along with state police were carrying operations all over the state even though in many parts extremism has been eradicated." Addressing the I-day function, Gangwar said, "Jharkhand is a land of opportunities in fields of investment infrastructure, energy, innovation, education, health and sports. There is immense scope for tourism in the state. The number of foreign and domestic tourists has risen, which in turn has created employment opportunities." He stated that multi-faceted efforts are underway to improve livelihood of farmers adding solar- powered pump sets are being distributed at 90% subsidy while loans of around five lakh farmers, amounting to Rs 2,300 crore, have been waived off to provide them financial help. He stated that fishery is being specially promoted to increase farmer's income and provide employment to youths. Governor stated, "Unemployment is cause of several problems. The state govt is making efforts to reduce joblessness and stop immigration of people to other states for jobs. Vacant government posts are being filled up while youths are being trained and skilled to increase their employment opportunities." He said that Mukhyamatri Digital Health Yojna would be implemented in the next five years with the aim to modernize medical facilities from primary health centres to the medical colleges. He stated that a central radiology hub has been approved at district hospital Ranchi for X Ray, CT Scan, MRI and other services. Governor stated that improved law and order is necessary for development of any state adding it has been achieved with help of the society. He stated that this year 197 extremists were arrested while 10 surrendered before the police. He said that strict actions are being taken against terrorist activities, land mafias, illegal tree cutting and mining and organized crimes. He stated that education is basis of development adding that emphasis is being given on training of teachers as per needs of National Education Policy. He said that cycles are being distributed to stop drop out among scheduled tribes, scheduled castes, backward castes and the minorities. The Jharkhand Student Research and Innovation Policy is being implemented to promote innovation, he said. The Governor stated that a plan to establish 'gyan kendra' with library, computer , internet and competitive examination books in 2500 gram panchayats in under implementation in order to strengthen gram swaraj. Taking part in I-day function at Vidhan Sabha speaker Rabindranath Mahto stated, " We have to ensure that development is not limited to the towns. The campaigns related to farmers, tribals, small industries, women self-employment, education and health must reach every village." In a function held at police headquarter DGP Anuraag Gupta stated that during the first six months of the year police have arrested 12 members of organized crime groups, five of terrorists organization Hizb-ut-Tahirir, 484 accused of illegal drug sales and purchase cases and more than 700 cyber criminals. The national flags was also unfurled at offices of political parties including Congress, BJP and RJD, courts, Jharkhand State legal Service Authority, central public sector undertakings including Central Coalfields Limited and Central Mine Planning and Design Institute Limited, group centre Central Reserve Police Force and social organizations including Islami Markaz. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
Time of India
3 days ago
- Business
- Time of India
I-Day Fuels a Revival in Retail Sales
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Epaper Tired of too many ads? Remove Ads Independence Day discounts have lifted footfalls and sales by 8-10% YoY across key retail destinations in the country, with a revival in entry-to-mid segment demand raising hopes of a strong festive of electronics, particularly in the more affordable segments, groceries and apparel have picked up, while restaurants are benefiting from higher mall traffic boosted by new movie releases and a rise in in-home dining orders, industry executives said.'After several months, there is good demand for entry to mid-segment products,' said Nilesh Gupta, director at electronic retail chain Vijay are good and there is over 8% jump in sales value over last year, which is better than last year, he companies and grocery retailers run promotional offers specifically for the Independence Day eve--one of the largest consumption periods, along with the Republic Day sales, after the festive India's largest retailer Reliance Retail, sales grew in double digits over last year, an executive has been running I-day promotional offers across the consumption basket—electronics, groceries and fashion, and keeping stores open from early morning till late India president Satish NS said the electronics manufacturer's I-Day sales are up over 20% compared to last year, with most categories driving ecommerce app BigBasket reported a 42% on-year increase in patriotic merchandise sales on Friday, apart from a surge in sales of electronics including iPhone said footfalls have surged due to long weekends, discounts on offer, and new movie releases, powered by Rajinikanth's Coolie and Hrithik Roshan's War 2.'The crowd that comes for the movie adds at least 10% of the revenue for fashion brands, food and beverages,' said Harsh V Bansal, cofounder of Unity Group, which operates over half a dozen malls in Delhi and Punjab. 'The next few days also look good in terms of footfall and sales,' he the first time since the Covid-19 pandemic, theatres are seeing back-to-back movies going housefull, Bansal of the I-Day offers are continuing till the weekend.'International brands have contributed to the growth with consumers using the lower price point during the sale to buy products,' said Muhammad Ali, chief executive, retail, at Prestige Group, which operates five malls in South India. These malls have seen a 15% on-year growth in sales. 'One segment which has not done well is Indian women's wear, which is a cause of worry,' Ali and brands have been struggling with discretionary sales for the last 9-10 quarters, as low-to-middle-income consumers remained hard-pressed by high inflation and sluggish earnings growth. Higher spending on travel and tourism by many consumers also impacted retail sales, executives executives, however, have forecasted a recovery in consumption in the second half of this fiscal, aided by low inflation, low interest rates on loans, a reduction in income-tax rates this year and good monsoon rains.'While middle class discretionary spending was under pressure, some consumption has started and with the festival tail wind, the outlook is much better,' said Anjan Chatterjee, managing director of Speciality Restaurants, which operates chains like Mainland China and Oh! trend during Independence Day has been reassuring, with a 15-18% year-on-year growth, he government on Friday said GST rates will be rationalised to enhance affordability, boost consumption, and make essential and aspirational goods more accessible to a wider population by Diwali which too will bring back has been optimism across companies with sales during June and July improving sequentially after intermittent rains and early onset of monsoon impacted sales in the April-May period.
Economic Times
3 days ago
- Business
- Economic Times
Independence Day fuels a revival in retail sales
Synopsis Independence Day sales boosted retail across India. Discounts increased foot traffic and sales by 8-10%. Electronics, groceries, and apparel saw strong demand. Restaurants benefited from mall traffic and movie releases. Retailers hope for a strong festive season. Reliance Retail and BigBasket reported significant sales growth. Malls saw increased footfalls. The government plans to rationalize GST rates to boost consumption. Independence Day discounts have lifted footfalls and sales by 8-10% YoY across key retail destinations in the country, with a revival in entry-to-mid segment demand raising hopes of a strong festive of electronics, particularly in the more affordable segments, groceries and apparel have picked up, while restaurants are benefiting from higher mall traffic boosted by new movie releases and a rise in in-home dining orders, industry executives said. 'After several months, there is good demand for entry to mid-segment products,' said Nilesh Gupta, director at electronic retail chain Vijay are good and there is over 8% jump in sales value over last year, which is better than last year, he companies and grocery retailers run promotional offers specifically for the Independence Day eve--one of the largest consumption periods, along with the Republic Day sales, after the festive season. At India's largest retailer Reliance Retail, sales grew in double digits over last year, an executive has been running I-day promotional offers across the consumption basket—electronics, groceries and fashion, and keeping stores open from early morning till late India president Satish NS said the electronics manufacturer's I-Day sales are up over 20% compared to last year, with most categories driving ecommerce app BigBasket reported a 42% on-year increase in patriotic merchandise sales on Friday, apart from a surge in sales of electronics including iPhone said footfalls have surged due to long weekends, discounts on offer, and new movie releases, powered by Rajinikanth's Coolie and Hrithik Roshan's War 2.'The crowd that comes for the movie adds at least 10% of the revenue for fashion brands, food and beverages,' said Harsh V Bansal, cofounder of Unity Group, which operates over half a dozen malls in Delhi and Punjab. 'The next few days also look good in terms of footfall and sales,' he the first time since the Covid-19 pandemic, theatres are seeing back-to-back movies going housefull, Bansal of the I-Day offers are continuing till the weekend.'International brands have contributed to the growth with consumers using the lower price point during the sale to buy products,' said Muhammad Ali, chief executive, retail, at Prestige Group, which operates five malls in South India. These malls have seen a 15% on-year growth in sales. 'One segment which has not done well is Indian women's wear, which is a cause of worry,' Ali said. Rebound hopes Retailers and brands have been struggling with discretionary sales for the last 9-10 quarters, as low-to-middle-income consumers remained hard-pressed by high inflation and sluggish earnings growth. Higher spending on travel and tourism by many consumers also impacted retail sales, executives executives, however, have forecasted a recovery in consumption in the second half of this fiscal, aided by low inflation, low interest rates on loans, a reduction in income-tax rates this year and good monsoon rains. 'While middle class discretionary spending was under pressure, some consumption has started and with the festival tail wind, the outlook is much better,' said Anjan Chatterjee, managing director of Speciality Restaurants, which operates chains like Mainland China and Oh! Calcutta. The trend during Independence Day has been reassuring, with a 15-18% year-on-year growth, he government on Friday said GST rates will be rationalised to enhance affordability, boost consumption, and make essential and aspirational goods more accessible to a wider population by Diwali which too will bring back has been optimism across companies with sales during June and July improving sequentially after intermittent rains and early onset of monsoon impacted sales in the April-May period.
Time of India
3 days ago
- Business
- Time of India
Independence Day fuels a revival in retail sales
Independence Day sales boosted retail across India. Discounts increased foot traffic and sales by 8-10%. Electronics, groceries, and apparel saw strong demand. Restaurants benefited from mall traffic and movie releases. Retailers hope for a strong festive season. Reliance Retail and BigBasket reported significant sales growth. Malls saw increased footfalls. The government plans to rationalize GST rates to boost consumption. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Independence Day discounts have lifted footfalls and sales by 8-10% YoY across key retail destinations in the country, with a revival in entry-to-mid segment demand raising hopes of a strong festive of electronics, particularly in the more affordable segments, groceries and apparel have picked up, while restaurants are benefiting from higher mall traffic boosted by new movie releases and a rise in in-home dining orders, industry executives said.'After several months, there is good demand for entry to mid-segment products,' said Nilesh Gupta, director at electronic retail chain Vijay Sales Walk-ins are good and there is over 8% jump in sales value over last year, which is better than last year, he companies and grocery retailers run promotional offers specifically for the Independence Day eve--one of the largest consumption periods, along with the Republic Day sales, after the festive India's largest retailer Reliance Retail, sales grew in double digits over last year, an executive has been running I-day promotional offers across the consumption basket—electronics, groceries and fashion, and keeping stores open from early morning till late India president Satish NS said the electronics manufacturer's I-Day sales are up over 20% compared to last year, with most categories driving ecommerce app BigBasket reported a 42% on-year increase in patriotic merchandise sales on Friday, apart from a surge in sales of electronics including iPhone said footfalls have surged due to long weekends, discounts on offer, and new movie releases, powered by Rajinikanth's Coolie and Hrithik Roshan's War 2.'The crowd that comes for the movie adds at least 10% of the revenue for fashion brands, food and beverages,' said Harsh V Bansal, cofounder of Unity Group, which operates over half a dozen malls in Delhi and Punjab. 'The next few days also look good in terms of footfall and sales,' he the first time since the Covid-19 pandemic, theatres are seeing back-to-back movies going housefull, Bansal of the I-Day offers are continuing till the weekend.'International brands have contributed to the growth with consumers using the lower price point during the sale to buy products,' said Muhammad Ali, chief executive, retail, at Prestige Group, which operates five malls in South India. These malls have seen a 15% on-year growth in sales. 'One segment which has not done well is Indian women's wear, which is a cause of worry,' Ali and brands have been struggling with discretionary sales for the last 9-10 quarters, as low-to-middle-income consumers remained hard-pressed by high inflation and sluggish earnings growth. Higher spending on travel and tourism by many consumers also impacted retail sales, executives executives, however, have forecasted a recovery in consumption in the second half of this fiscal, aided by low inflation, low interest rates on loans, a reduction in income-tax rates this year and good monsoon rains.'While middle class discretionary spending was under pressure, some consumption has started and with the festival tail wind, the outlook is much better,' said Anjan Chatterjee, managing director of Speciality Restaurants , which operates chains like Mainland China and Oh! trend during Independence Day has been reassuring, with a 15-18% year-on-year growth, he government on Friday said GST rates will be rationalised to enhance affordability, boost consumption, and make essential and aspirational goods more accessible to a wider population by Diwali which too will bring back has been optimism across companies with sales during June and July improving sequentially after intermittent rains and early onset of monsoon impacted sales in the April-May period.
Time of India
3 days ago
- Politics
- Time of India
Hubballi, NK region celebrate Independence Day with fervour
1 2 3 Pics: Tricolour hoisted at Hubballi's Nehru Stadium by MLA Mahesh Tenginakai and officials on Friday; SWR GM Mukul Saran Mathur inspected the parade at I-day celebration in Rail Soudha, Hubballi, on Friday; Vijayapura district minister MB Patil launched registration for Vrukshathon Heritage Run-2025 on the occasion of I-Day Hubballi: The 79th Independence Day was celebrated in Hubballi and the North Karnataka region with fervour on Friday. Former chief minister and Haveri MP Basavaraj Bommai hoisted the national flag at the premises of Kanakadas Shikshana Samiti group of colleges and honoured ex-serviceman and social worker Parashuram Divanad. Management members Ravi Dandin, Shantanna Kadival, principal Sandeep Budihal were among those present at the programme. At the NWKRTC central office, managing director Priyanga M unfurled the tricolour and distributed cash prizes to the staff. Chief labour officer P Y Nayak, chief traffic manager Vivekananda Vishwadnya and others were present. At KLE Technological University, Hubballi, pro-chancellor Dr Ashok Shettar received the Guard of Honour from the university's NCC Cadets and hoisted the national flag. Vice-chancellor Prakash Tewari and Registrar B S Anami were also present. Hubballi city celebrated the 79th Independence Day at Nehru Stadium. The programme was organised by the Hubballi town taluka Independence Day committee. Speaking on the occasion, Mahesh Gaste, the tahsildar of Hubballi City, said: "The country got its independence due to the sacrifices of the freedom fighters. Today, we are living free due to the hard work of the freedom fighters. Everyone should work hard for the development of the country. " MLA Mahesh Tenginakai exuded confidence that the country will emerge Viksit Bharat in 2047. Hubballi rural tahsildar J B Majjagi claimed govt employees had been told to collaborate with the stakeholders to implement various welfare schemes piloted by the govt to offer public service. Speaking after the flag-hoisting at the Mini Vidhana Soudha, Majjagi emphasised that all taluka-level officials must address public grievances and focus on development work. He highlighted Hubballi and its surrounding areas' significant contributions to the freedom struggle. The general manager of South Western Railway (SWR) Mukul Saran Mathur hoisted the nationakl flag at Rail Soudha, Hubballi. He said SWR has played a pivotal role in driving socio-economic growth in the region. SSK Sri Tulaja Bhavani Education Society trustee Bhaskar Jituri praised the Armed Forces for their role in rooting out terrorism from the country. He hoisted the flag at SSK PU and Degree College in Chanakya Puri, Hubballi. In Vijayapura, district minister MB Patil hoisted the national flag at the district stadium and launched registration for the Vrukshathon Heritage Run, 2025, to be held in December. Opposition chief whip in the Legislative Council, N Ravikumar, mayor M S Karadi, skill development corporation chairman Kantha Nayak, DC K Anand, zilla parishad CEO Rishi Anand, SP Laxman Nimbargi were among those present. In Gadag, district minister HK Patil hoisted the national flag and felicitated achievers from different sectors at K H Patil district stadium. MLC SV Sankanur, DC CN Sreedhara, zilla parishad CEO Bharat S, SP Rohan Jagadish, and others were present. Vice-chancellor Prof Suresh V Nadagoud unfurled the national flag at Mahatma Gandhi Rural Development and Panchayat Raj University and recalled the sacrifices of thousands of freedom fighters. Retired Navy officer Karoshi Mahadevappa Ramappa and others were present. In Bagalkot, district minister RB Timmapur unfurled the tricolour and recalled the supreme sacrifice of Halagali Bedaru in the struggle against the British. "As many as 500 Beda community members fought against the British under the leadership of Jadaganna and Balanna," he added. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Krishna Janmashtami Wishes ,, messages , and quotes !
