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GST on track, to be implemented from July 1: Jaitley

Giving a clear roadmap for its implementation, Finance Minister Arun Jaitley on Saturday said that the Goods and Services Tax (GST) was on track and July 1 was going to be the likely rollout date of the new indirect...

GST to come into effect from July 1: Economic Affairs Secretary

The Goods and Services Tax (GST) will be implemented from July 1 as all states have agreed on the implementation date, Economic Affairs Secretary Shaktikanta Das said on Tuesday. "GST should be implemented by July 1. All states have agreed...

Snapdeal launches GST Guru initiative to train sellers on GST roll out

Snapdeal, India’s largest online marketplace, has announced the launch of GST Guru, a program which will include a range of initiatives to help prepare the sellers on its platform for the impending GST reforms, expected to roll out this...

Retail, warehousing saw increased Private Equity interest in 2016

Apart from the favourite asset classes of office and residential, private equity (PE) has been taking increased interest in warehousing, logistics and retail real estate. PE investors and overseas developers are already looking at opportunities to enter India’s industrial...

FMCG major Dabur does not see strong growth tailwinds in the next few months

Trying to shake off the effect of demonetization and remaining cautious on the GST overhang, FMCG major Dabur does not see strong growth tailwinds in the next few months, saying it will take longer for the trade to re-balance. "One...

Govt reforms, rural economy to benefit retail industry: Report

The retail sector will get an impetus from the spur in economic activity in rural areas on the back of rise in rabi crop planting, according to a report by Dun & Bradstreet issued to PTI. Besides, low level of...

Budget 2017 must bring slew of growth propelling policy measures to revive demand, re-fuel industrial activity

I appreciate the dynamic economic vision of the Government in the promotion of growth and development of the Indian economy. The focus on financial reforms, infrastructure build-up, industrial development, growth of MSMEs and agriculture reforms is highly encouraging. The financial...

GCPL Q3 net profit down 4.3 pc to Rs 352 cr after demonetization

FMCG firm Godrej Consumer Products Ltd (GCPL) on monday logged a 4.34 per cent decline in consolidated net profit at Rs 351.78 crore for the December 2016 quarter partly due to the impact of demonetization. Its net profit for October-December last...

Expert Review: Retail stalwarts on how the industry fared in 2016

The year 2016 had just begun!! It's hard to believe that the year just passed by. 2016 was a milestone year in a lot many ways. Here's a look at how the retail industry fared in 2016… E-commerce took over the...

Demonetization and introduction of GST: A perspective for the retail sector

Considering the size of the population and year-on-year spurt in per capita spending of emerging middle class makes the Indian retail sector one of the biggest sectors in the India economy. A feather in the cap is the emerging...
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E-commerce cos focus on transparency, good shopping experience to foster consumer trust: Experts

Big e-commerce players like Amazon use advanced AI/ML (Artificial Intelligence/Machine Learning) to combat fake reviewsNew Delhi: The success of...
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