What Helped Reliance Retail Defy Consumption Slowdown
Customers stand in line in a Reliance Digital store, a subsidiary of Reliance Industries Ltd., in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)

What Helped Reliance Retail Defy Consumption Slowdown

India’s largest retailer reported its highest margin in at least 10 quarters, aided by private labels and expansion into smaller cities, at a time the economy grew at its slowest pace in six years....
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