Q-commerce companies spent 80 per cent of their expenditures on user acquisition tactics rather than developing innovative products, the report claims
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“This practice not only jeopardises the livelihood of small and medium retailers but also poses significant risks to consumers," it adds
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Inflation has intensified, with rural inflation at 5.9 per cent surpassing urban inflation at 5.0 per cent in September. Food inflation rose year-on-year to 8.4 per cent in September from 5.3 per cent in August
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