Rajya Sabha
Latest News
GST may rollout from April 1 if law passed in Monsoon session
The Government is betting on support from smaller regional parties to pass the national sales tax legislation in the Parliament session from next month, and expects approval for supporting laws by year-end.
It is targeting April 2017 for the rollout...
Latest News
Congress ready to support GST if recommendations accepted
Congress has claimed in the Rajya Sabha that the real opposition to the long-pending GST bill was coming from within the government and that the main opposition was ready to give full support to it provided its three key...
Retail
Industry, traders join hands for early implementation of GST
"Traders and industry lobby groups, including CII, FICCI, Assocham, PHD Chambers, among others, have come out with a joint appeal to the political fraternity for a safe and early passage of the GST bill in the parliament," Confederation of...
Food Service
Cabinet nods to withdraw current amendments to food safety bill
Keeping aside the changes proposed by the previous government to the Food Safety and Standards Act, a decision to withdraw the existing amendments to this Act was taken by the Union Cabinet,headed by Prime Minister Narendra Modi.
The UPA government...
Retail
Wal-Mart Sets Up New Company in India
Global retail giant Wal-Mart has registered a new company in India as it prepares to enter the country's lucrative multi-brand retail market with a new partner according to PTI. The American retail major and Bharti Enterprises decided to part...
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
No FDI in retail: Kamal Nath
Union Commerce and Industry Minister Kamal Nath said that no foreign direct investment (FDI) will be allowed in the retail sector, and the government is open to reviewing the Special Economic Zones (SEZ) Act if needed.
He said that the...
Retail
Centre urged to defer changes in Packaged Commodity Act
The Confederation of All India Traders (CAIT) has urged the Union government to defer implementation of amendments made in rules of the Packaged Commodity Act and the Standards of Weights and Measurements Act, scheduled to be enforced from May...
Retail
Govt says no specific policy for retail
There was good news for the retail sector with the government informing Parliament that there were no restrictions on corporate houses entering the retail sector.
"There is no restrictions on the entry of big corporate houses and other domestic investors...
Retail
Fresh retail FDI not now: Centre
Foreign direct investment (FDI) in retail sector for multi-brand products will be examined only after government receives reports from two analyst agencies, Rajya Sabha was informed yesterday.
The two agencies are Indian Council for Research on International Relations (ICRIER) and...
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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...
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