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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Latest News
70% of retailers struggle to retain customers post-festive season: Report
According to the report, the struggle to retain customers stem from distracted users due to intense competition, high costs...
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