Union Council of Ministers of India

Overseas retailers should work with the small and medium businesses in India to ensure overall growth of the sector and benefit all stakeholders, says Goldie Dhama and Sahil Gupta from PwC. Dhama is an associate director, while Gupta is senior manager,...

Uttar Pradesh traders today demonstrated against the proposal to allow 51 per cent foreign direct investment (FDI) in multi-brand retail in India.The traders are apprehensive that the proposal, if cleared by the union cabinet, would spell disaster for the...

A recent CII – AT Kearney Report says that the luxury goods market in the country is set to touch a mark of USD 14.72 billion by 2015.According to the ‘Luxury in India: Charming the snakes and scaling the...

The 25th International Apparel Federation (IAF) World Apparel Convention (WAC) opened to a house full of delegates from across the retail brands, textile and apparel business. The delegates in the convention were from Reliance Retail, Marks & Spencer, H...

The government is considering a proposal that would allow single-brand foreign retailers such as Diesel, Louis Vuitton and Marks & Spencer to dilute stakes in their Indian ventures in favour of foreign Private Equity (PE) firms, reports ET. The government...

“The focus of the ministry is on infrastructural development. The government is putting in a lot of investments for infrastructure growth and in a few years the country will see a better environment for not just retail businesses, but...

Fuel price hike may not be good news for all; however, it brought some relief to oil retailing companies like Indian Oil Corporation (IOC), Reliance Petroleum and Hindustan Petroleum, who’ve been incurring huge losses due to subsidies in domestic...

There was good news for the agriculture sector with the government informing parliament that private sector participation is being encouraged in developing agricultural marketing infrastructure and in providing alternate marketing channels for agri-produce in order to facilitate establishment of...

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...

The government admitted that benefit of onion exports was not reaching the farmers even though the price of the commodity had been brought under control after a sharp rise some months ago. "Farmers are not seeing the benefit of exports....