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Department of Industrial Policy and Promotion

Govt to release actual price index of commodities

The government of India will release the actual prices of various commodities, the secretary in the Department of Industrial Policy and Promotion (DIPP) told media.According to DIPP, the release of actual price data in the public domain will increase...

Food processing minister expresses solidarity with organised sector

Minister for Food Processing Subodh Kant Sahai today said that Department of Industrial Policy and Promotion (DIPP) has been asked to undertake an in-depth study on the impact of foreign direct investment (FDI) in food retail. The report is...

Opposition to levy of cess and regulator for the retail sector

With the Indian retail sector growing rapidly, the move to levy cess on big retailers and a regulator for this sector has come in for sharp criticism as it was felt that such a move would “strangulate the industry.”The...

Carrefour to finalize JV for India

Sources close to the development have confirmed that the French retail giant Carrefour is in the last stage of entering a Joint venture for its India foray.It is believed that Carrefour is about sign the JV with the Wadia...

Bharti -Wal-Mart JV under PMO scrutiny

The Prime Minister's Office (PMO) will now look into the Bharti-Wal-Mart deal, as a response to the concerns raised by the Left parties, soon after the deal was announced. The Commerce Ministry will prepare a detailed note, followed by...
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Hyper-local e-comm firm magicpin plans to hire 250 people over next 6 months

The fresh hiring will take the total workforce to over 550 excluding the collaborative workforce of 100 people that...
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