Lok Sabha
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Lok Sabha passes bill decriminalising Legal Metrology Act
This represents a significant milestone in the functioning of retail businesses in India, as the bill removes criminal penalties for certain Acts, such as the Legal Metrology Act and Food Safety Act, and streamlines minor offences
Mumbai: The Lok Sabha...
Retail
Election Impact!
With 220 stocks hitting one-year high owing to the current trending of Lok Sabha election results, BSE is all set to make new records. According to the leading dailies, Narendra Modi's BJP-led NDA is heading for a clear victory...
Retail
No FDI plan in retail: Centre
The hopes of the lobby that wants foreign investment in retail trade were dashed on Monday as the government said that there is no proposal to allow FDI in the retail.“There is no proposal to change the current (FDI)...
Retail
No FDI: Expected decision at unexpected time
“Almost 97 per cent of the retail business is unorganised, and nothing will be done that can lead to job loss or have an adverse impact on those involved in this sector,” was a simple statement that Union Commerce...
Retail
Retail loans interest rates likely to rise
In a move to control inflation, the Reserve Bank of India (RBI) announced a 0.5 per cent hike in cash reserve ratio (CRR), whereupon interest rates on retail loans are expected to rise.
According to an RBI release, it was...
Retail
Anti-organised retail demo in Mumbai
More than 20,000 traders, farmers and shopkeepers today marched through the streets of Mumbai, to protest entry of retail giants like Wal-Mart fearing loss of livelihood.
Farmers wearing traditional long white shirts and white caps marched through the streets of...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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