India’s consumption landscape is gearing up for a major shift over the coming decade, with the country’s retail market expected to reach $1 trillion by 2030. A new report by venture capital firm Fireside Ventures says this surge will be fuelled by rising disposable incomes, faster digital adoption and the growth of a large aspirational consumer class.Fireside argues that the change is not just in size but in the very structure of how Indians shop. The firm notes that retail channels are seeing their “most dramatic reconfiguration yet.” According to the report, general trade—which made up over 90 per cent of retail in 2014—is projected to drop to around 70 per cent by 2030, reported news agency ANI. At the same time, modern trade, e-commerce, quick commerce and direct-to-consumer (D2C) brands are expected to accelerate sharply. D2C and quick commerce alone may account for up to 5 per cent of the total market within the decade.With shoppers increasingly embracing digital-first formats, branded retail is forecast to double and reach nearly $730 billion, which would represent almost half of all retail spending. Fireside highlights that new-age, digital-native brands are currently scaling two to three times faster than conventional companies, helped by agile distribution, data-driven product development and more personalised customer engagement.The analysis outlines several emerging consumer segments. The firm notes, “Map your audiences, and you’ll see the opportunity take the shape of many substantial markets, whether India I, the 15 per cent population driving 35 per cent of retail and 60 per cent of branded purchases; or Bharat, the larger, fast-digitising 85 per cent, hungry for new brands and experiences,” as per ANI.By 2030, India is expected to have 1.1 billion internet users and over 400 million online shoppers. Fireside describes this as the “flattest consumption opportunity” India has ever witnessed.The firm concludes that India’s next hundred iconic consumer brands will be built by founders who blend cultural insight with digital fluency—creating niche, rooted and experimental labels that resonate with a confident, modern and increasingly regional Indian shopper.

Last Updated:November 16, 2025, 10:26 IST

Prime Minister Narendra Modi will release the 21st PM Kisan installment on November 19, 2025, benefiting over 9 crore farmers.

PM Kisan 21st Installment Date Announced

PM Kisan 21st Installment Date On November 19: Prime Minister Narendra Modi is set to release the 21st installment of Pradhan Mantri Kisan Samman Nidhi (PM Kisan) scheme on Wednesday, November 19, 2025 at 2:00 PM. Over 9 crore PM-Kisan beneficiaries will be benefited by this transfer.

The Centre has already disbursed the 21st installment to farmers of Jammu and Kashmir following the devastating floods. According to the official notification, a total of Rs 170 crore was transferred to 8.5 lakh farmers of Jammu and Kashmir on October 07, 2025.

Under the PM Kisan scheme, eligible farmers get Rs 2,000 every four months, which is Rs 6,000 annually. The money is provided each year in three instalments — April-July, August-November and December-March. The fund is directly transferred to the bank accounts of the beneficiaries.

Farmers, however, need to register and update their e-KYC to be eligible for the next tranche in the scheme.

PM Kisan Scheme e-KYC

To receive the installments, the farmers need to complete their e-KYC. According to the scheme’s official website, “eKYC is MANDATORY for PMKISAN Registered Farmers. OTP-based eKYC is available on the PMKISAN Portal, or the nearest CSC centres may be contacted for Biometric-based eKYC”.

PM Kisan Scheme: How To Check Status If You Are A Registered Farmer?

Farmers who have registered themselves through the CSC centres or online can check their approval status by following these steps:

1. Visit PM Kisan’s official portal — pmkisan.gov.in

2. Click ‘Status of Self Registered Farmer/CSC Farmers’ in the FARMERS CORNER section on the homepage.

3. Enter your Aadhaar number and filling in the captcha to verify your status.

Who Is Eligible for PM Kisan?

To qualify for the PM Kisan’s 21th installment, one must:

• Be a citizen of India
• Own cultivable land
• Be a small or marginal farmer
• Not be a pensioner receiving Rs 10,000 or more per month
• Not have filed income tax
• Not be an institutional landholder.

PM-Kisan: How To Register Via QR Code

New registrations can be done online via the official portal or offline through Common Service Centres (CSCs).

Farmers can scan the QR code in the X post to register for the scheme.

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

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Last Updated:November 16, 2025, 08:30 IST

On November 16, 2025, OMCs updated petrol and diesel prices across cities like New Delhi, Mumbai, Hyderabad, etc.

Petrol, Diesel Prices On November 16

Petrol and Diesel Prices on November 16, 2025: OMCs update petrol and diesel prices daily at 6 AM, aligning them with fluctuations in global crude oil prices and currency exchange rates. This daily revision promotes transparency and ensures consumers have access to the most up-to-date and accurate fuel prices.

Petrol Diesel Price Today In India

Check city-wise petrol and diesel prices on November 16:

City	Petrol (₹/L)	Diesel (₹/L)
New Delhi	94.72	87.62
Mumbai	104.21	92.15
Kolkata	103.94	90.76
Chennai	100.75	92.34
Ahmedabad	94.49	90.17
Bengaluru	102.92	89.02
Hyderabad	107.46	95.70
Jaipur	104.72	90.21
Lucknow	94.69	87.80
Pune	104.04	90.57
Chandigarh	94.30	82.45
Indore	106.48	91.88
Patna	105.58	93.80
Surat	95.00	89.00
Nashik	95.50	89.50

Key Factors Behind Petrol and Diesel Rates

Petrol and diesel prices in India have remained unchanged since May 2022, following tax reductions by the central and several state governments.

Oil Marketing Companies (OMCs) update fuel prices daily at 6 am, adjusting for fluctuations in global crude oil markets. While these rates are technically market-linked, they are also influenced by regulatory measures such as excise duties, base pricing frameworks, and informal price caps.

Key Factors Influencing Fuel Prices in India

• Crude Oil Prices: Global crude oil prices are a primary driver of fuel prices, as crude is the main input in petrol and diesel production.

• Exchange Rate: Since India relies heavily on crude oil imports, the value of the Indian rupee against the US dollar significantly affects fuel costs. A weaker rupee typically translates to higher prices.

• Taxes: Central and state-level taxes constitute a major portion of retail fuel prices. Tax rates vary across states, leading to regional price differences.

• Refining Costs: The cost of processing crude oil into usable fuel impacts retail prices. These costs can fluctuate depending on crude quality and refinery efficiency.

• Demand-Supply Dynamics: Market demand also influences fuel pricing. Higher demand can push prices up as supply adjusts to consumption trends.

How to Check Petrol and Diesel Prices via SMS

You can easily check the latest petrol and diesel prices in your city through SMS. For Indian Oil customers, text the city code followed by “RSP” to 9224992249. BPCL customers can send “RSP” to 9223112222, and HPCL customers can text “HP Price” to 9222201122 to receive the current fuel prices.

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First Published:

November 16, 2025, 08:30 IST

News business Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On November 16

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