Finance Minister
Retail
Kamal Nath supports import duty cut for luxury items
“Luxury is not a product, but an emotion that has aspirers and admirers. India will be a huge market for luxury goods and it will engage the world in terms of globalisation,” said Union Commerce and Industry Minister Kamal...
Retail
Import duty on luxury goods to be rationalised
The government of India is expected to rationalize the import duty to check revenue losses that are incurred when an Indian buys such products in foreign markets."India has high tariffs and we recognise that if you go abroad and...
Retail
Chidambaram: Retail investors be cautious
As the Sensex zooms to touch benchmark index nearing 18,000-point level, Finance Minister P Chidambaram advised retail investors in stock market to be cautious, even as he welcomed the interest evinced by FIIs.“I do not think retail investors are...
Retail
FDI in retail not very distant: Chidambaram
India will open up its $330 billion retail market to foreign investors after convincing mom-and-pop store owners that their jobs are not at threat from big players, Finance Minister P Chidambaram has said."In course of time their fears will...
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FSSAI to launch quality check of food items like dairy products, spices, fortified rice
FSSAI carries out various pan-India surveillance on various food products to assess the compliance status of implemented regulationsNew Delhi:...
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