Assocham

Estimated to grow at 13 per cent annually from USD 322 billion in 2006-07 to USD 590 billion in 2011-12, according ICRIER estimates, retail accounts for over 10 per cent of India’s GDP. Fuelled by increasing customer base, rising...

Over 95 per cent of organised retailers have opposed retail sector being jointly regulated by ministries of commerce & industry and consumer affairs, emphasising that retail operations ought to be regulated by a single national agency to ensure...

Kamal Nath, minister of commerce and industry, while observing that the exports from tea, rice, marine products, gems & jewellery, cotton yarn, fabrics, made-ups, jute manufacturing, carpets, handicrafts, plastics & linoleum sectors have been affected extensively this year, informed...

Following government’s move to slash excise rates by two per cent, consumer goods companies will see prices of items of daily consumption coming down, says industry experts. The further reductions in excise and service tax by 2 per cent and...

On-going economic meltdown has amounted to fizzle out 2008 Diwali excitements to a large extent as majority of business houses on an average have slashed their corporate gift allocation budget by at least 25 per cent, says a recent...

The government is likely to set up a ‘single window' system for the numerous clearances required by retail ventures to set up shop in this country. A long standing demand of the retail industry, presently the issue is being debated...

Growing air travel in India will drive airport retailing so much that by 2015, over 50 per cent of revenues of the Airport Authority of India (AAI) are expected to come from non-aeronautical activities, with airport retailing contributing a...