Pune traders observe “No UPI Day” as 600 wholesalers and 10,000 retailers protest proposed MDR charges on some UPI payments, citing thin margins and sales hit.

Indian retailers prioritize backend technology over AI as they prepare for a booming market, boosting tech spending significantly.
Industry body says the charge could drive small merchants back to cash, weaken formalisation and undermine digital payment adoption during the festive season across India.

Retailers in India experienced 7% growth in April, with West India leading, despite looming cost pressures, says RAI.

While high gold prices weighed on demand, they also helped top retailers like Titan and Kalyan Jewellers deliver strong top-line growth.

CCI orders an antitrust investigation into Pernod Ricard for alleged collusion with retailers to manipulate market share in New Delhi.