Department for Promotion of Industry and Internal Trade
E-Commerce
How ONDC is changing India’s digital commerce game
With more businesses big and small aligning with the Open Network for Digital Commerce, e-commerce in India as we know it is about to change foreverIn December last year, Meta joined forces with the Open Network for Digital Commerce...
Latest News
Toys to be significant portion in Walmart’s $10 billion exports target from India
PTI -
The company has earlier informed toy makers about their requirements and expected quality standardsNew Delhi: US-based retail giant Walmart is targeting to increase its exports from India to $10 billion annually and domestic toys will account for a significant...
E-Commerce
CBDT clarifies applicability of TDS liability for e-retailers on ONDC
PTI -
As per the FAQ issued by the Central Board of Direct Taxes (CBDT), a 1 per cent TDS will have to be deducted from the gross sale amountNew Delhi: The income tax department on Thursday clarified the applicability of...
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Targeted action plan to improve India’s logistics efficiency, global ranking
PTI -
This will improve India's ranking in the World Bank's LPI (Logistics Performance Index), the Department for Promotion of Industry and Internal Trade (DPIIT)New Delhi: The commerce and industry ministry on Thursday said a targeted action plan has been shared...
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Nivruti Rai appointed as MD and CEO of Invest India
PTI -
Nivruti Rai has taken over the charge from Manmeet K Nanda, Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT)New Delhi: Former Intel India country head Nivruti Rai has joined as the Managing Director and CEO of Invest...
Retail
Govt to bring retail trade policy to promote ease of doing biz for traders
PTI -
The policy would also help in providing better infrastructure and more credit to traders says Sanjiv, joint secretary of DPIITNew Delhi: The government is working to bring a national retail trade policy for brick and mortar retail traders with...
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Amazon to integrate its logistics and SmartCommerce services with ONDC
The company stated that the integration will provide technology support to the seller community and empower small businessesBengaluru: Leading retail marketplace Amazon announced that it will integrate its logistics network (from pickup to delivery) and SmartCommerce services with Open...
Latest News
Despite global slowdown, FDI growth story in India to continue into 2021
The high growth story of foreign direct investments into India will "go well" in the new year too as there is a growing interest among overseas investors about the country amid the government's continuing reform measures to further improve...
Retail
Covid Lockdown: DPIIT suggests Home Ministry to permit limited activity in select sectors
The Department for Promotion of Industry and Internal Trade (DPIIT) has suggested the Home Ministry to allow limited activity in certain sectors such as heavy electricals and telecom equipment with reasonable safeguards.
According to a PTI report: In a letter...
Retail
DPIIT to soon float draft national retail policy to seek stakeholders’ views
The Department for Promotion of Industry and Internal Trade will soon float draft national retail policy, aimed at promoting growth of 65 million small traders, to seek views of stakeholders, a top official said.According to a PTI report: The...
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Indus Valley Cosmetics to Invest ₹40 Crores in R&D
The brand aims to enhance the visibility of its flagship product ‘Organic Gel Hair Colour’ through nationwide advertising and...
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