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Reserve Bank of India

FDI increased to $42bn during April-February

According to Reserve Bank of India (RBI), foreign direct investment (FDI) in India increased to $42 billion during April-February in 2015-16, up by 27.45 per cent from the inflows in the corresponding period of the previous fiscal. The inflows were...

21 e-commerce firms under the scanner for FDI violation

In response to the petition filed by All India Footwear Manufacturers & Retailers Association, against e-commerce firms for violations of India's foreign direct investment (FDI) norms, Delhi High Court has ordered the government to probe 21 e-commerce companies. Major e-commerce...

Virtual POS: User experience and data security will determine proliferation

Recently, the Reserve Bank of India (RBI) stated that it was in discussions with the government to reduce cash usage in the system and effect a transition towards a cashless economy. And clubbed with the Digital India initiative of...

Delhi High Court seeks clarity on FDI in online retail businesses

In a recent petition filed before the Delhi High Court, The All India Footwear Manufacturers & Retailers Association (AIFMRA) has alleged violation of FDI norms by e-commerce marketplaces, pointing to substantial foreign investments in most of such businesses. A single-judge...

Future Group to launch mobile wallet: Kishore Biyani

In a tightly packed session at the India Retail Forum 2015 in Mumbai on September 16th, Future Group Founder and Group CEO Kishore Biyani has announced that the retail major is in the process of launching its mobile wallet. In...

Asia Pacific is the fastest growing market for mobile wallets followed by the EMEA region

Mobile wallet is a service that is often confused with mobile banking. It is a much broader concept, which includes using a mobile phone as a mode of payment, rather than depending on hard cash or debit and credit cards....

Modi’s Mantra of Hope for the Real Estate Market

For the common man of India, the dream to own a house will soon turn into reality with the Narendra Modi-led NDA government taking charge. Issues such as affordability of real estate, delayed construction projects, delays due to litigations...

Election Results: Impact On Real Estate

Investment SentimentAn improvement can definitely be expected in the near-term investment sentiment. This will have an impact on the investment growth within the GDP. As a testimony to that, industrial GDP (comprising of investment-heavy sectors such as mining, manufacturing...

Brand Access: Facilitating New Entrants in Retail

The retail industry in India has evolved at a fast pace over the past decade. Today, it has become one of the most important markets in the world, where almost every international player worth its salt wants to invest....

Tesco, Walmart a step closer to Indian shores

In a sign that the government is moving towards allowing global supermarkets, such as Walmart, Tesco and Carrefour, to set up deep-discount stores, a committee of secretaries on Friday approved the One of the conditions is that at least...
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McDonald’s get clean chit from FSSAI for using authentic cheese

The verification confirms the brand’s assertion that it does not use any cheese analogues or substitutes in its products,...
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