MRP

You would be surprised to know that India is the only country in the world which follows the Maximum Retail Price (MRP) system for selling consumer goods. As per Legal Metrology Act, every packaged product in India is labelled with…

The anomaly had become so common, that it was almost the truth. How many times have you wondered the business model of shops inside multiplex, airports, where bottled water, and food items are sold two, three times the MRP? How many…