
Federation of Retailer Association of India (FRAI), a representative body of about 80 lakh micro, small and medium retailers from across the country with a membership of 42 Retail Associations organised an event in New Delhi today to highlight the urgent need for enhanced technology support from the government for Kirana stores. Such support would enable the Kirana stores to remain competitive amidst the increasing encroachment into their space by quick commerce companies like Swiggy Instamart, Blinkit or Zepto. The retailers called upon the government to provide local Kirana stores with a technology platform that would allow them to compete on equal terms with quick commerce players, effectively creating a level playing field. The retailers acknowledged the shift in consumer preferences towards faster delivery and competitive pricing and expressed their willingness to adopt new technologies, become more efficient and provide better services to the customer. They also stressed that without government support to level the playing field, it would be difficult for small retailers to compete with the deep resources of larger e-commerce players. The retailers suggested that the technology platform could take the form of an Uber-like platform where customer orders are allocated to the first Kirana store that accepts them. On the platform, ratings can also be provided to the Kirana stores which will encourage them to provide the best possible services to customers. While outlining the technology platform for small shopkeepers, the retailers stressed that the present lot of quick commerce players or any big online player should be kept out of such a platform. Given their extensive resources, these big players could dominate such a platform, undermining the very purpose of supporting Kirana stores and leaving them once again at a disadvantage. In the event, FRAI highlighted the growing threat of organised players and emphasized that the rise of e-commerce and quick commerce platforms is putting the very existence of traditional Kirana stores at risk. These retailers have already suffered humungous financial setbacks in the last couple of years and are barely managing to sustain livelihood in the given the high inflationary condition. FRAI also highlighted that livelihood of millions of retailers are at stake and their shops are on verge of closure. Present at the event and supporting the cause of the Kirana Stores, Praveen Khandelwal, Member of Parliament, Lok Sabha said, “Our honourable Prime Minister Narender Modi has always the best interests and admiration for the small traders in his heart. The government, under his leadership, is fully attuned to the challenges faced by small retailers and is committed to addressing their needs. I also fully understand the difficulties that Kirana stores are facing due to the rise of quick commerce players. These platforms are pushing near-expired goods, stale fruits and vegetables, and engaging in deep discounting and predatory pricing, all while operating through dark stores. We will take up these issues in the Parliament and beyond, to ensure that such practices are addressed and that Kirana stores are protected. Today is Bharatiya Grahak Divas and I believe that both the shopkeeper and the consumers are two sides of the same coin. For shopkeepers, it is crucial to stay updated and embrace all channels to meet the evolving expectations of customers. I am committed to ensuring that traders and Kirana store owners receive the best digital tools to connect with their customers, enabling them to modernize, update, and computerize their businesses for the future.” At the event, the small retailers who had congregated from across the country voiced their concerns that the rise of e-commerce, particularly quick commerce, is fundamentally altering consumer behaviour, posing existential challenges to Kirana stores. This is creating a need for urgent intervention and regulation to protect small retailers. While e-commerce has been gradually reshaping India’s retail sector for years, it is quick commerce—ultra-fast delivery services that promise deliveries within 10–30 minutes—that is significantly driving a dramatic shift and pushing the traditional Kirana stores to the brink. Abhay Raj Mishra, Member & National Coordinator, Indian Sellers Collective and Honorary Spokesperson, FRAI said, “The technology support that the retailers are requesting can easily be created or facilitated by the government. Over the years, the present government has been a pioneer in providing citizens with essential services through technology by introducing world-first innovations like Aadhaar and UPI. With new technologies brought in by the government, like ONDC (Open Network for Digital Commerce), what is now required is a more focused approach in creating a specific solution for Kirana Stores that makes them as discoverable and accessible to customers, much like the way quick commerce companies are operating. Essentially, the Kirana stores should remain competitive by being empowered to tap into the growing digital market and meet new customer needs.” Speaking at the event, Gulab Khoda, Joint Secretary, Federation of Retailers Association of India, said, “One of the quick commerce industry manifestations that is eating into the business of Kirana Stores is the mushrooming of the dark stores. Dark stores are essentially the warehouses that stock all the items that a Swiggy Instamart or a Blinkit quickly delivers to their customers. These dark stores are located in densely populated areas to enable fast delivery within minutes. The kind of products stored by these dark stores are similar to those that are found in the Kirana store. But the quick delivery or discounts offered by the q commerce players cannot be matched by the local grocery store. Indeed, the dark stores are creating a situation where the future of Kirana stores is looking very dark!” The retailers voiced their opinion about the unfair advantage that quick commerce platforms have over Kirana stores. The Kirana stores cannot match the pricing offered by quick commerce giants who benefit from deep pockets, large warehouses and a huge customer base, all of which allow them to offer continuous heavy discounts to their customers. The deep discounting strategies of large e-commerce are often the result of their ability to absorb losses through high-volume sales and deep capital reserves, which the smaller businesses obviously cannot maintain or match. Many among these players have foreign funding and this will ultimately result in destabilising the kirana ecosystem and in a huge loss of self-employment in the country. In the bargain only low paying jobs will get created-a recipe that will make a few people rich and a large number poorer. The retailers highlighted that the unhealthy competition faced by Kirana stores is only going to intensify as larger e-commerce with even deeper pockets enter the market. They warned that it won’t be long before these big online companies lured by the gains made by the quick commerce players decide to enter the market with their own aggressive campaigns. With their vast resources and scale, these giants could potentially push smaller retailers out of business, further threatening the survival of Kirana stores across the country. Another point put forward at the event is that the increased competition from quick commerce players has resulted in stagnant sales for Kirana stores, particularly during high-demand periods such as the festive season. So facing a bleak future, the retailers urged the government to step in and protect them from the incursions of the quick commerce platforms and the looming threat posed by big online players. Another issue raised at the event was about the death of the traditional unique Indian entrepreneurship culture, as quick commerce corporate structures with their predatory approach will overpower the local Kirana store owner or the shopkeeper who have long thrived within their communities. The Indian traditional entrepreneurship is deeply rooted in local communities and often involves providing goods and services that are tailored to the needs and preferences of a specific market. This creates a strong sense of community and relationship-building between business owners and their customers. This is the unique tradition that will be lost forever if quick commerce and big online players are allowed to continue unabated in capturing the market.
Jharkhand: Tribal identity at risk due to Bangladeshi infiltrationJammu, Nov 22: After the success of Kashmir Marathon, Chief Secretary, Atal Dulloo today held a meeting of Tourism Department to take stock of the preparations made by them to hold Jammu Marathon in the month of February here. Besides the Commissioner Secretary, Tourism the meeting was attended by ADGP, Jammu; Secretary in Culture Department; SSP Traffic, Jammu; Director, Tourism, Kashmir/Jammu and other concerned officers of the Department. Dulloo while enquiring about the formats and routes of the race impressed upon the Department to take into account the suggestions from professional runners besides those from other stakeholders involved in its conduct here. He made out that keeping in view the terrain of the city the routes and format should be devised so that it creates the necessary buzz and popularity about this place throughout the country. The Chief Secretary further asked the organizing department to look into holding of ultra trail run here in Jammu connecting the popular destinations like Surinsar, Mansar and other tourist places enroute. He asked them to fix the dates for holding these events simultaneously so that most of the fitness lovers at international and national level are able to participate besides the local ones residing here in J&K. The Commissioner Secretary, Tourism, Yasha Mudgal took this occasion to highlight the plans of the Department to hold this running event here in Jammu. She revealed a number of routes and plans for the meeting to deliberate upon. She made out that the Department is proposing to hold it in the 2nd week of February, 2025. She also detailed out certain routes including the one leading upto Nagrotain the north or Suchetgarh in the south of the Jammu city. It was further disclosed that the Department is going to run the promotional campaigns for making maximum registrations from all over the country. The meeting was apprised that international players would also be encouraged along with roping in national icons for promotional activities of this first ever Jammu Marathon. The Department also unveiled its plan for holding of adventure swimming contest in one of the fresh water lakes of Kashmir next summer. It was given out that the requisite modalities and other paraphernalia are currently being worked out as per international standards regulating such events. Later on the Chief Secretary also took appraisal of the efforts made by the Department for developing more skiing destinations across J&K. He asked the Department to appoint a consultancy of international repute in coordination with Indian Institute of Skiing & Mountaineering (IISM) for exploring many more Gulmarg like snow and slopes across the UT to promote skiing there. It was given out that the snow drag lifts are being developed by the department at Sanasar (Patnitop), Padri (Baderwah), Doodhpathri and Sonamarg for starting this sport there. It was added that more infrastructure would be created in future to uplift this sport here all across J&K.Exchange Plastic for Rewards with 1win and Recycledge
adventtr MACOM Technology ( NASDAQ: MTSI ) designs, develops and manufactures semiconductor products and solutions for three main markets: Industrial, Defense, and Telecommunications. It offers a wide variety of products and services, and in this article, I will explain why I have selected it as My Top Pick for Analyst’s Disclosure: I/we have a beneficial long position in the shares of MTSI, AMZN, GOOGL, GOOG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks. The S&P 500 added 1.1% Tuesday. Trading closed early ahead of the holiday. Tech companies including Apple, Amazon and chip company Broadcom helped pull the market higher. The Dow Jones Industrial Average rose 0.9%, and the Nasdaq composite climbed 1.3%. American Airlines shook off an early loss and ended mostly higher after the airline briefly grounded flights nationwide due to a technical issue. Treasury yields held steady in the bond market. On Tuesday: The S&P 500 rose 65.97 points, or 1.1%, to 6,040.04. The Dow Jones Industrial Average rose 390.08 points, or 0.9%, to 43,297.03. The Nasdaq composite rose 266.24 points, or 1.3%, to 20,031.13. The Russell 2000 index of smaller companies rose 22.42 points, or 1%, to 2,259.85 For the week: The S&P 500 is up 109.19 points, or 1.8%. The Dow is up 456.77 points, or 1.1%. The Nasdaq is up 458.53 points, or 2.3%. The Russell 2000 is up 17.48 points, or 0.8%. For the year: The S&P 500 is up 1,270.21 points, or 26.3%. The Dow is up 5,607.49 points, or 14.9%. The Nasdaq is up 5,019.77 points, or 33.4%. The Russell 2000 is up 232.78 points, or 11.5%.
You Don't Need Third-Party Apps To Scan Documents Anymore, WhatsApp Alone Will Be Enough
Robert Lighthizer – a Washington veteran who served as Donald Trump's U.S. trade representative in his last term – is reportedly on the outs with the president-elect’s new transition team and may not join the administration at all, according to a new report. And that could come with a price for people who valued the economic policies that he successfully saw through in Trump’s first term, POLITICO reported. “It is a bitter blow to protectionists and a sign of the fluidity in Trump’s political camp that someone as respected and trusted as Lighthizer could be cast aside,” according to the report. “His exclusion from Trump’s Cabinet this time around gives the voices from Wall Street in the White House a much stronger hand in the incoming administration.” The revelation also calls into question Trump’s threats of imposing sharp new tariffs in his second term on imports from Mexico , Canada and China , the publication noted — Lighthizer was the architect of Trump’s first-term trade agenda and a key adviser of this year's campaign. ALSO READ: Will Trump back the FBI’s battle against domestic extremists? He won’t say. He reportedly sought the high-profile cabinet positions of Treasury or Commerce secretary and was unlikely to accept a lesser role along the lines of a potential “ trade czar.” “Lighthizer has been a champion of Trump for at least 15 years, and he’s been in the background, giving Trump ideas, and putting Trump in the spotlight. And I think he really felt like this was his turn to get rewarded,” one ex-Trump administration official close to Lighthizer told POLITICO. The official added that Lighthizer’s potential absence from the next administration means the tariff views of Trump’s picks to lead the Treasury and Commerce departments – Scott Bessent and Howard Lutnick – will likely win out, the report said. “It appears like he’s being frozen out,” one person close to the Trump transition team who supports a pro-tariff agenda told POLITICO.
MIAMI — The Miami Dolphins began their attempt to turn their season around following a 2-6 start three weeks ago. They once again held serve on Sunday against an opponent they were favored to beat. And they did so emphatically by routing the rebuilding New England Patriots 34-15 at Hard Rock Stadium. It was the Dolphins’ most lopsided win over the Patriots since a 38-13 victory at Foxborough, Mass., on Sept. 21, 2008 — the game in which Miami implemented the Wildcat formation and Ronnie Brown accounted for six touchdowns. It could have been even more lopsided with Miami leading 31-0 early in the fourth quarter before giving up a pair of fourth quarter touchdowns including Christian Gonzalez’s 63-yard return for a touchdown of a Jaylen Wright fumble, which forced the Dolphins to put several starters including Tua Tagovailoa back in the game after they had been pulled to rest them for Thursday’s game. Tyrel Dodson’s interception of a pass by New England starting quarterback Drake Maye with 5:13 left in the fourth led to a Jason Sanders 51-yard field goal to seal the outcome. Tagovailoa remained sharp and delivered one of the best performances of his career, throwing four touchdown passes. Jaylen Waddle put together his best game of the season, catching a season-high eight passes for a season-high 144 yards and a touchdown. The score was his first since Week 1 against the Jaguars and only his second of the season. Miami’s defense was dominant as well, recording four sacks of New England starter Drake Maye. Rookie Chop Robinson had one of those sacks, and had what appeared to be a strip sack in the second quarter that was later ruled an incomplete pass. Zach Sieler had a strip sack in the third quarter, which Jordyn Brooks recovered. And so, the Dolphins (5-6) won their third consecutive game over a team at or under .500. The victory, on a short week, set up a crucial showdown Thanksgiving Night at Green Bay, which figures to be Miami’s toughest opponent since this winning streak began. And the Dolphins will likely play that night game, which is set for an 8:20 p.m. kickoff, in cold temperatures with the expected low being 20 degrees as of Sunday according to the Weather Channel. But Tagovailoa, who has struggled in cold weather games during his career, will enter Thursday’s contest with plenty of momentum after completing 29-of-40 passes for 317 yards, the aforementioned four touchdown passes and no interceptions. Tagovailoa’s four touchdown passes matched his second-highest total for his career and the first time he has thrown that many since Sept. 24, 2023 against the Broncos in the game the Dolphins set a franchise scoring record in a 70-20 rout. It was the fourth game of his career with four or more touchdown passes. Tagovailoa now has 11 touchdowns and only one interception in 20 quarters since returning from the concussion he suffered in week 2 against Buffalo. His 128.9 passer rating was his best over that span and the third game he has posted one of 124.9 or higher. Tagovailoa has posted a passer rating of 89.4 or higher in each of those five games. Tight end Jonnu Smith continued to be a focal point of the Dolphins’ offense with nine catches for 87 yards and a touchdown. ©2024 Miami Herald. Visit at miamiherald.com . Distributed by Tribune Content Agency, LLC.Wemby at The Garden. LeBron vs. Steph. The NBA's Christmas Day lineup, as always, has star power
Stocks closed higher on Wall Street in a shortened trading day ahead of the Christmas holiday, led by gains in Big Tech stocks. Chip company Broadcom rose 3.2%, while semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 0.4%. Super Micro Computer jumped 6%. Tesla climbed 7.4%, one of the biggest gains among S&P 500 stocks. Amazon.com rose 1.8%. US Steel rose 1.9% a day after an influential government panel failed to reach consensus on the possible national security risks of the nearly $15 billion proposed sale to Nippon Steel of Japan. NeueHealth surged 90.9% after the health care company agreed to be taken private in a deal valued at roughly $1.3 billion. Tuesday's rally comes as the stock market enters what's historically been a very cheerful season. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. The so-called "Santa rally" also correlates closely with positive returns in January and the upcoming year. So far this month, the US stock market has lost some of its gains since President-elect Trump's election win, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump's preference for tariffs and other policies could lead to higher inflation, a bigger US government debt, and difficulties for global trade, the reports. Even so, the stock market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up about 26% so far this year and remains within roughly 1.3% of the all-time high it set earlier this month—its latest of 57 record highs this year.
Dismiss Trump taunts, expert says after 'churlish' social media posts about CanadaGovinda reveals Shilpa Shetty mistakenly thought his wife shot him after accidentNoneJeanty, Danielson headline BSU's All-MWC honorees
Hautuki, A Globally Recognized Innovative Patch Type Nutrition Solution for Child Growth 12-24-2024 06:14 PM CET | Health & Medicine Press release from: ABNewswire Hautuki, an innovative children's nutrition product manufactured in South Korea, is gaining global recognition. Exported to countries including the United States, Singapore, Hong Kong, Taiwan, Malaysia, Indonesia, China, and the Philippines, Hautuki has established itself as a trusted brand in international markets. CUSTICS, the company behind Hautuki, operates legal entities in South Korea, Singapore, Taiwan, and Hong Kong, strengthening its global presence. Based on its vision to "shine and illuminate," CUSTICS aims to brighten customers' lives with products that shine and stand out, delivering high-quality solutions tailored to diverse markets. Image: https://www.abnewswire.com/uploads/98a27e95d3c329d5c3911af6fca4aa8c.png Hautuki's patch-type nutrition supplement redefines child nutrition with its unique combination of innovation and practicality. Unlike conventional oral supplements, which many children find challenging or unpleasant to consume, Hautuki's patch format offers a non-invasive and child-friendly solution. This approach ensures that even children who struggle with swallowing pills can receive essential nutrients without stress or discomfort. By utilizing advanced transdermal technology, Hautuki bypasses the liver's first-pass metabolism, delivering nutrients directly through the skin for superior absorption and efficiency. Its application of the Transdermal Drug Delivery System (TDDS) guarantees a consistent supply of key nutrients, including vitamins, calcium, and magnesium, essential for healthy growth and development. Hautuki's patented formula, developed with peptides from Seoul National University, is scientifically optimized to provide the ideal balance of nutrients tailored to children's needs. Hautuki is available on its official website and leading marketplaces such as Amazon, Shopee, Taobao, and Flipkart. By collaborating with fulfillment centers in each region, it guarantees fast and reliable delivery worldwide. Committed to innovation and sustainability, Hautuki focuses on expanding its reach, maintaining rigorous quality standards, and contributing to child nutrition initiatives. By combining cutting-edge science with a user-friendly design, Hautuki embodies CUSTICS' dedication to creating products that enhance lives globally. DISTRIBUTOR'S NAME - Amit Biswas DISTRIBUTOR'S COMPANY - Grow With Amit DISTRIBUTOR'S PHONE NUMBER - 7001189924 Media Contact Company Name: Grow With Amit Contact Person: Amit Biswas Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=hautuki-a-globally-recognized-innovative-patch-type-nutrition-solution-for-child-growth ] Country: India Website: https://www.fiverr.com/grow_withamit This release was published on openPR.None
Young, Spartz, Banks get committee assignmentsAdvanced Data Reconciliation Techniques With Industry Leader Praveen Tripathi, Revolutionizing Data Integrity And Scalability.
By MICHELLE L. PRICE NEW YORK (AP) — Chad Chronister, Donald Trump’s pick to run the Drug Enforcement Administration, said Tuesday he was withdrawing his name from consideration, becoming the second person selected by the president-elect to bow out quickly after being nominated for a position requiring Senate confirmation. Sheriff Chronister, the top law enforcement officer in Hillsborough County, Florida, said in a post on X that he was backing away from the opportunity, which he called “the honor of a lifetime.” “Over the past several days, as the gravity of this very important responsibility set in, I’ve concluded that I must respectfully withdraw from consideration,” Chronister wrote. He did not elaborate, and Trump’s transition team did not immediately respond to a message seeking comment. Chronister follows former Republican congressman Matt Gaetz , Trump’s first pick to serve as attorney general, in withdrawing his name for a post in the administration. Gaetz withdrew following scrutiny over a federal sex trafficking investigation that cast doubt on his ability to be confirmed as the nation’s chief federal law enforcement officer. Trump’s pick of Chronister for the DEA job drew backlash from conservatives, who raised concerns over his actions during the COVID-19 pandemic and his saying that his office “does not engage in federal immigration enforcement activities.” In March 2020, Chronister arrested the pastor of a megachurch who held services with hundreds of people and violated a safer-at-home order in place aimed at limiting the spread of the Covid virus. “Shame on this pastor, their legal staff and the leaders of this staff for forcing us to do our job. That’s not what we wanted to do during a declared state of emergency,” Chronister said at the time. “We are hopeful that this will be a wakeup call.” U.S. Rep. Thomas Massie, R-Ky, was among those airing public complaints, saying Chronister should be “disqualified” for the arrest. Others flagged comments Chronister made in a video about Florida’s immigration laws that he released in 2023 that circulated again online after Trump named him last weekend. Related Articles National Politics | Trump team signs agreement to allow Justice to conduct background checks on nominees, staff National Politics | President-elect Donald Trump’s lawyers urge judge to toss his hush money conviction National Politics | Democrats stick with Schumer as leader, their strategy for countering Trump is far less certain National Politics | Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs National Politics | Democrats’ outgoing chair says Trump’s win forces party to reassess how it reaches voters In the video, Chronister praised the “rich diversity” of his community and called it “a place where people from all walks of life come together.” He said it was important to note his office “does not engage in federal immigration enforcement activities. We do not target individuals based on their immigration status. That’s the authority of federal agencies.” Trump has made a sweeping crackdown on immigration a central focus of his campaign and his aims for his coming administration. Associated Press writer Adriana Gomez Licon in Fort Lauderdale, Florida contributed to this report.Morning Bid: India rate call in focus, political crises cool
NoneChad Chronister, Donald Trump’s pick to run the DEA, withdraws name from consideration