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India's retail industry to grow to $1.3 trillion by 2020: FICCI

Last Updated: Sunday, November 18, 2012, 19:21

The country's traditional retail industry is expected to grow at an average annual rate of five percent over the next year, while the organised retail is estimated to register a growth rate of around 25 percent during this period.

Fitch downgrades retailers to 'negative' as slowdown bites

Last Updated: Monday, August 06, 2012, 20:16

Reflecting the general gloom in the economy, rating agency Fitch Monday downgraded the outlook for the domestic retail sector to "negative" from "stable".