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Rajya Sabha

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...

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...

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...

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...

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...

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...

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...

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...

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...

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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How fashion brands are leveraging AI

From product design to marketing and virtual try-ons, here’s how the fashion majors are adopting AI in their businessTop...
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