Nirmala Sitharaman
Latest News
Nirmala Sitharaman turns down Apple’s proposal to sell refurbished iPhones
With the Finance Ministry rejecting waiver of mandatory local sourcing for Apple Inc to set up single-brand stores in India, the Commerce Ministry said it will again push the case of the iPhone maker and a consensus decision should...
Latest News
CAIT demands regulatory authority for online retailers
Alleging that e-commerce firms are openly flouting norms laid down under FDI, traders' body, Confederation of All India Traders (CAIT), has demanded formation of a Regulatory Authority for India's online retail market.
According to a report in PTI: In a...
Retail
FDI up 29% due to Make in India: Nirmala Sitharaman
Foreign Direct Investment in the country increased by 29 per cent for the 15-month period - ended December last year - after the launch of 'Make in India' initiative, Parliament was informed on Thursday.
Launched on September 25, 2014, the initiative...
Retail
21 e-commerce firms under the scanner for FDI violation
In response to the petition filed by All India Footwear Manufacturers & Retailers Association, against e-commerce firms for violations of India's foreign direct investment (FDI) norms, Delhi High Court has ordered the government to probe 21 e-commerce companies.
Major e-commerce...
Retail
Government working on ecommerce definition: Nirmala Sitharaman
The government is working on the definition of 'e-commerce' to clear the air over key issues such as taxation and foreign investment in the burgeoning sector, according to Commerce and Industry Minister Nirmala Sitharaman.
The minister on July 15 chaired...
Retail
Festive season sales by e-commerce majors violating FDI norms: CAIT
Traders' body Confederation of All India Traders (CAIT) has alleged that e-commerce firms such as Amazon, Flipkart and Snapdeal are violating FDI norms by holding forthcoming festive season sales and it has complained to the Commerce Ministry.
"These companies solicit...
Retail
India Retail Report 2015 -the most comprehensive report on the Indian retail market!
Indian retail to grow at about 10 percent faster than the rest of the economy over next few years!
The ‘India Retail Report’ is the premier report that maps the key figures on Indian Retail –numerically sizing up the entire...
Retail
Consumer Affairs Ministry May Frame Norms for Online Shopping
With increase in number of complaints from people buying products online, the Consumer Affairs Ministry is proposing to frame guidelines for protection of consumers' interest in online shopping, according to PTI. The Department of Consumer Affairs has been receiving...
Progressive Grocer
Government Takes Steps to Boost Tea, Coffee & Spices Production
Government has taken measures to boost the production and export of plantation crops like tea, coffee, and spices through the Plantation Commodity Boards which provide financial and technical assistance to the growers and the industry, states PTI.
Finance Minister Arun...
- Advertisement -
Latest News
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...
- Advertisement -
