Page 7 - Traders

Govt announces inclusion of retail and wholesale trades under MSMEs

The revised guidelines will benefit millions of retail and wholesale traders.

Traders body CAIT urges govt not to dilute draft e-commerce rules

Domestic traders' body CAIT on Sunday urged the government not to dilute the draft of e-commerce rules under any pressure of foreign-funded online firms. In a communication to Prime Minister Narendra Modi, the Confederation of All India Traders (CAIT) said it has been observed that voices of terming the rules as stringent is being created. "In the wake of expected pressure tactics of foreign funded e-commerce companies against the draft of e-commerce rules...(we urged) him (prime minister) to ensure that no dilution is made in draft of e-commerce rules under any pressure," CAIT said in a statement. The draft rules after examining the suggestions and objections should be notified without any further delay, it added. It alleged that unethical and law violating business practices of foreign funded e-commerce companies has forced closure of a large number of shops in the country. "Traders of India are not against e-commerce but are of the considered opinion that e-commerce is the mos

Stiff compliance, flash sale ban in draft norms for e-commerce firms

Govt proposes appointing chief compliance officer, nodal contact person mandatory for companies

Traders heave sigh of relief as Covid-19 curbs ease in Thane, Navi Mumbai

Thane city and neighbouring Navi Mumbai are categorised under level-2 of the Maharashtra government's 'unlock' plan

'You feel numb': India's markets keep rising as traders cope with Covid-19

Booming markets have left industry swamped with work at a time when many employees have been sickened by the virus.

Traders in Delhi want shops to be reopened soon as part of unlock process

Traders in the national capital are unhappy about the Delhi government's decision on Friday to allow just construction activities and factories to resume during the first phase of unlocking the city

Flipkart restructured biz model to control over inventory, alleges CAIT

Traders' body CAIT on Thursday urged the government to investigate the "blatant" violation of FDI and taxation rules by e-commerce major Flipkart, alleging that the Walmart-owned firm had "creatively" restructured its business model to exercise control over inventory and retail prices.

Will back Maharashtra govt if it clamps 'full lockdown': Pune traders

An umbrella organisation of traders in Pune on Monday said it will extend support to the Maharashtra government if it imposes a "full lockdown" in the state to curb the rising cases of coronavirus.

Top Maharashtra traders body to defy Covid curbs, open stores on Monday

Call given by Maharashtra Chamber of Commerce Industry and Agriculture, a body of 800 trade and industrial associations; other key bodies such as CAIT and FRTWA oppose move

Traders in Maharashtra threaten to protest against fresh Covid-19 curbs

Traders in Aurangabad have threatened to protest against restrictions imposed by the Maharashtra government to curb the spread of Covid-19

Maharashtra: Traders wait for respite following fresh Covid-19 curbs

Merchants' and traders' associations in Aurangabad district are in "wait and watch" mode, following fresh set of curbs issued by the Maharashtra government to control the Covid-19 spread

DPIIT to meet trade unions, industry groups on FDI in e-commerce

Officials are likely to meet over a dozen e-commerce companies

Traders' body CAIT to launch dialogue campaign in Delhi from Friday

CAIT said it will launch a one-month long dialogue campaign from Friday involving door to door visit of each market in all corners of Delhi

Traders' bodies divided on call for Bharat bandh over GST provisions

A national-level organisation of small businessmen on Friday said it is opposed to the move

Commercial markets across India to remain shut on Feb 26: Traders' body

Traders' body CAIT on Thursday said all commercial markets across the country will remain closed on February 26 in view of its 'Bharat Bandh' call

Lower tax on partnership firms, put special duty on etailers: Traders' body

Traders and retailers contribute about 22 per cent to the country's GDP

JPMorgan may freeze some staff salaries, pay traders higher bonus: Report

As part of the incentive pay for traders, bonuses increase when market revenue rises

Foreign secretary Shringla's Nepal visit kindles hopes of traders in Bihar

Trade normalisation with Nepal is crucial to Bihar's economy

Small traders likely to feel the pinch as govt bans 43 mobile apps

Small to medium businesses key user base of logistics and transport apps Lalamove and Drive by Lalamove

Balers to suspend raw jute supply from November 23 to protest govt

Raw jute suppliers have decided to suspend trading activities of the commodity for an indefinite period from November 23 to protest against the Centre's decision to reduce the maximum stock limit