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India’s logistics cost ranges from 7.8 – 8.9% of GDP in FY22: NCAER estimates

The NCAER report establishes that the logistics costs in India are reducing, from 8.8% - 10% of GDP in 2012-13 to 7.8% - 8.9% of GDP in 2021-22New Delhi: The logistics cost in India ranged from 7.8% to 8.9%...

Govt. announces new norms to curb fake online reviews of products, services

The BIS standards, prepared after extensive stakeholder consultations and to be effective from November 25, will be voluntary but the government will consider making them mandatory in case the menace of fake reviews continues on the online platforms.New Delhi: E-commerce...

National Retail Policy can help create 30 lakh jobs by 2024: Report

A cohesive National Retail Policy can help in generating 30 lakh jobs by the year 2024, according to a report by CII and Kearney.The report noted that an investment of Rs 6,500 crore in retail-related infrastructure, including warehousing and...

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...

Govt should consider 100 pc FDI in multi-brand retail trade: CII

The Government should consider permitting 100 percent foreign direct investment (FDI) in multi-brand retail trade and further improve ease of doing business for the sector to promote growth in the segment, industry body CII said in a report Tuesday.These...

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...

India’s e-commerce retail logistics industry to grow 36 pc in 5 years

The Indian e-commerce retail logistics industry would grow 36 percent in the next five years, a report said here on Friday."The e-commerce retail logistics market is valued at US $35 billion in 2018, and is projected to witness a...

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...

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...
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Digital Icon : Parth Patel

As the e-commerce head for Kisna & Diamond Jewellery, Parth Patel has a passion for leveraging digital platforms to...
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