Chinese Retail Tycoon Introduces ‘Unhappy Leave’ Policy: A Paradigm Shift in Workplace Dynamics
The Chinese retail giant has initiated an innovative policy that it describes as “unhappy leave” to further develop the work-life balance of its employees. Chairman and Founder Pang Dong Lai Yudonglai made the statement the morning of May 26, promoting his workforce to take another...
Retail inflation stable: Finance minister Nirmala Sitharaman
India’s retail inflation has declined from an average of 7.1% in April-October 2022 to 5.4% in the corresponding period of 2023. The retail inflation is now stable and within the notified tolerance band of 2% to 6%. The core inflation rate has declined from 5.1%...
Auto retail sales surge 9% in Aug
Vehicle registrations – a proxy for retail sales – rose 9% to 1,818,647 units last month on healthy customer demand in the run-up to the festive season. The Federation of Automobile Dealers Association (FADA) is cautiously optimistic of momentum sustaining on the back of new...
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