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Budget 2019

Double whammy for gold retail industry

The Finance Minister's decision to hike import duty on gold from 10 percent to 12.5 percent will be a double whammy for the gold retail industry, a segment which is critical for creating the much-needed jobs for the economy.This...

Budget will boost innovation in digital economy: Flipkart

The Union Budget for fiscal 2019-20 would boost innovation and form the bedrock of the country's digital economy," leading e-tailer Flipkart Chief Executive Kalyan Krishnamurthy said on Friday.Lauding the government's commitment to digital India, Krishnamurthy said the impetus to...

India Inc reacts to easing of local sourcing norms in single brand retail

Finance Minister Nirmala Sitharaman on Friday presented her maiden budget and the first of the Modi Government in its second term.She announced that FDI inflows into India have remained robust despite global headwinds.“Global FDI flows slid by 13 percent...

Easing local sourcing norms in single brand retail to help companies firm up investments: Experts

The Government's decision to relax local sourcing conditions for foreign direct investment (FDI) in single brand retail trading would provide a certainty to companies that are looking to invest in the sector, experts say.Deloitte Partner Anil Talreja said, while...

Budget 2019: Progressive, consumer-facing Budget, says India Inc

Keeping an eye on the upcoming Lok Sabha elections, Finance Minister Piyush Goyal today presented the Narendra Modi government's sixth and final budget before the polls. Highlighting the key initiatives of the government in the past four and half year, Finance...

Interim Budget 2019-20: National Artificial Intelligence Portal announced

In a bid to strengthen the Artificial Intelligence (AI) sector in India, Finance Minister Piyush Goyal on Friday announced that the government will soon launch a National Artificial Intelligence Portal.Presenting the Interim Budget 2019-20 in the Lok Sabha, Goyal...
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Max Fashion launches new youth centric brand ‘Urban’

The first Max Urban collection will be available across the brand's retail stores as well as on the e-commerce...
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