With the 2024 US presidential election underway, global markets are on edge, awaiting the outcome of the fierce competition between Kamala Harris and Donald Trump. Each candidate’s distinct vision will potentially impact various sectors, including energy, technology, and defense, particularly in emerging markets like India.
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The All India Consumer Products Distributors Federation raises concerns over FMCG companies using e-commerce platforms to sell near-expiry and slow-moving products, threatening small retailers and consumer safety, and urges the Ministry of Consumer Affairs to implement regulatory frameworks and labeling mandates.
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Nearly one-and-a-half years after RBI announced withdrawal of ₹2,000 denomination banknotes on May 19, 2023, the total value of banknotes which have yet not been returned stands at ₹6,977.6 crore as on Oct 31, 2024, shows the RBI data. The latest data revealed that the currency banknotes which have already been returned comprise 98.04% of the ₹2000 banknotes in circulation as on May 19, 2023.
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