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Chandrajit Banerjee

Amazon, CII join hands to bring benefits of e-commerce to MSMEs in 10 states

At the 17th Confederation of Indian Industry (CII) Global SME Business Summit, Amazon.in and CII signed a Memorandum of Understanding (MoU) to bring the benefits of ecommerce to micro small and medium enterprises (MSMEs) in 10 states across India. Amazon.in and...

GST led to improved efficiency, moderated retail inflation: CII survey

A survey of over 200 businesses on the one year of GST has said 83 percent respondents see the new indirect tax regime a step in the right direction and 65 percent are satisfied with its overall implementation, despite...

Ensure level-playing field for others while framing national policy on e-commerce: CII

Industry body CII has welcomed the Government's move to kick-start consultation process for framing a national policy on e-commerce and said any rules in this regard should be made in view of greater digital economy and larger national interest.The...

Liberalised FDI norm in single brand retail draws mixed reactions

The Union cabinet's approval of 100 per cent Foreign Direct Investment (FDI) in single brand retail on Wednesday drew mixed reactions with industry observers lauding the move while traders' bodies opposed it as "a serious matter for small businesses"."This...

Tier II cities to be the next retail destination in the country: Report

Leading international real estate consultants JLL India hasreleased its latest retail report ‘Fuelling the Retail Revolution - The Paradigm of Emerging Cities’ in association with the CII National Retail Summit, 2017. Highlighting the withdrawal of malls across Tier I cities,...

India Inc prepared for GST rollout from July 1: CII

As the GST Council meets here to finalise issues before the Goods and Services Tax is implemented from July 1, industry lobby CII said on Sunday that Indian industry is ready for the rollout of the pan-India indirect tax...

India's factory output up at 5.7 pc, retail inflation falls to 3.41 pc

India's factory output rose 5.7 per cent in November, the first month of the Government's demonetization drive, while retail inflation declined to 3.41 per cent in December from 3.63 per cent in the month before, official data showed on...

“Demonetization a Masterstroke”, give it time to play out: CII

The recent move by the Government to demonetize high denomination notes is likely to have far-reaching impact, striking a blow at the heart of the illegal economy. While it is not possible to have a firm estimate of unaccounted...

More e-commerce will trigger big innovations in India

Expansion of India's e-commerce industry will trigger innovations in payments and delivery models as well as enable better use of technology such as wearables, drones and artificial intelligence, a study by Confederation of Indian Industry and Deloitte has said. In...

Despite contained CPI, food inflation hit Indians hard in 2015

Inspite of the Consumer Price Index (CPI) hovering around a modest rate of 3.6 to 5.4 per cent , and the Wholesale Price Index (WPI) staying in the negative, prices of grocery staples and fresh produce touched prohibitive highs...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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