The Department for Promotion of Industry and Internal Trade (DPIIT) will soon start public consultation for a national retail trade policy, which is likely to include an insurance scheme aimed at providing financial protection against losses caused by theft, accidents or natural calamities. The policy will also spell out ways to give traders access to low-cost finance, promote digital inclusion, and create necessary infrastructure to support them, a senior government official told Business Standard. This is expected to offer relief especially to traditional traders, who are facing stiff competition from large e-commerce players.
Newly-elected Conservative Party leader and prime minister in waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics.
Many industry executives have said the draft e-commerce policy is being perceived as nationalistic but not overly protectionist and it is providing preference to Indian players against foreign companies. This might have an impact on investment by large players such as Walmart and Amazon in the country, said the executives. They said e-commerce was a very small portion of the retail industry and at a nascent stage and did not require heavy hammer regulations. Though the policy talks about being equally applicable to foreign and domestic players, it mentions that foreign direct investment (FDI) takes precedence over the e-commerce policy in any area of overlap.
The tax department was given the land at Mumbai's posh location, measuring 2,786 square metre, with a minimum capacity of 100,000 sq ft, in 1992. Instead of constructing an office building, the department recently took a few floors on rent at the nearby Air India building.
According to the latest data available from the Centre and the states in the night, the total number of Omicron cases in the country was around 1,200.
Kerala IT Secretary M Sivasankar was removed as Secretary to Chief Minister Pinarayi Vijayan on Tuesday, in the backdrop of the gold smuggling controversy, where the role of a former woman employee of the IT department is being probed.
A round-up of Ranji Trophy matches played on Friday.
'While the US-Pakistan relationship has been stabilised, it's still mired in uncertainty.'
India has made it clear to China that peace and tranquillity in border areas is essential for the development of overall bilateral ties and the relationship has to be based on the 'three mutuals' of respect, sensitivity and interest, Foreign Secretary Harsh Vardhan Shringla said.
A banking Trojan malware has been detected in the Indian cyberspace that is lurking to attack bank customers using Android phones and has already targeted those from more than 27 public and private sector banks, the country's federal cyber security agency said in a latest advisory.
'Saying the private industry will come and transform India's space programme is real moonshine!'
Over 50 employees of the company whose office was located on the first floor were rescued while 27 bodies have been found.
'Bottomline, hairline and waistline -- you have to watch them always.'
'This is a race where every technology can be used by the bad guys and good guys.'
A summary of Ranji Trophy matches played on Thursday.
Union Finance Minister Nirmala Sitharaman on Monday said banks need to focus more on being customer-friendly so that the process of availing credit becomes more hassle-free for borrowers. However, the minister made it clear that banks do not have to be lenient on credit underwriting standards by taking any adverse risks on a proposal. At a meeting between industry representatives and the finance minister, a startup founder in the baking business suggested for credit to be available hassle-free, to which largest lender SBI's chairman Dinesh Kumar Khara said a startup's worries are more on the equity side and assured full support in lending if sufficient equity is on the table.
Indian-Americans are taking over the country, United States President Joe Biden said on Thursday, referring to the high number of people from the community getting a place in his administration.
Finance Minister Nirmala Sitharaman on Tuesday said monetisation of Central Public Sector Enterprises (CPSE) assets is based on the principle of value creation for the government and investors and would bring about a paradigm shift in infrastructure augmentation and maintenance. Chairing the National Workshop with the states/UTs on Asset Monetisation organised by Niti Aayog, the minister sought the collaboration of states for the holistic development of infrastructure. She said India can become a $5 trillion economy, while striking the right balance between fiscal imperatives and socio-economic welfare, through active collaboration between the public and private sector.
CARTOSAT-3 is a third generation agile advanced satellite having high resolution imaging capability.
The move is part of recommendations made by a task force on the use of space technology in improving border management which have been accepted by Union Home Minister Rajnath Singh.
A day after OBC leader Swami Prasad Maurya resigned from the Uttar Pradesh cabinet citing apathy towards the backward classes, Dara Singh Chauhan too resigned as minister in the Yogi Adityanath government.
December 2022 could be the last Christmas for Santha Bakery, a business drawing its lineage from the first Christmas cake baked in Kerala.
The Indian Space Research Organisation has resolved to alight its lander on the lunar surface with Chandrayaan-3 in addition to a maiden solar expedition in 2020.
The towers -- both taller than Delhi's iconic Qutub Minar -- will be brought down in less than 15 seconds by waterfall implosion technique. They will be the tallest structures yet in India to be demolished, officials said.
Aditya-L1 is meant to observe the corona, which are the outer layers of the Sun, extending to thousands of kilometres.
A postman is well-versed within the area he is allocated and is still a vital link in many rural parts.
'The way the society functions, I don't know, they are more concerned about animals than humans.'
In an order, deputy commissioner of Srinagar Mohammad Aijaz directed those having drone cameras or other similar kinds of unmanned aerial vehicles to deposit them in local police stations.
Biden has reiterated America's support for India's permanent membership on a reformed UNSC and its entry into the NSG during his first in-person bilateral meeting with Modi at the White House.
It would be difficult to stick to the Budget numbers unless the departments are reined in their expenditure plans.
In a major expansion into sportswear and lifestyle wear segment, the Kumar Mangalam Birla-led Aditya Birla Fashion & Retail has signed a long-term licensing agreement with Authentic Brand Group of New York, which has the marketing and branding rights of Reebok, to run the operations of the global sportswear, athletic and lifestyle major in the country and ASEAN markets. The new agreement between the largest domestic multi-brand fashion retailer and Authentic Brand is an extension of their existing relationship as ABFRL already markets and sells some ABG brands like Forever 21. The agreement follows the global transfer of ownership of the Reebok brand from Adidas to ABG, which is expected to close in the first quarter of 2022.
After his wide-ranging talks with Modi on the second and final day of his India visit, Johnson said the new defence and security partnership will enable India to strengthen its domestic defence industry as well as help the two countries protect vital shared interests in the Indo-Pacific.
One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.
University of Oregon's Hayward Field will soon reopen following a renovation that cost donors like Nike Co-founder Phil Knight $270 million.
The government is looking at a time frame within the first two weeks of July to kick off and complete the upcoming 5G auctions, according to discussions between officials and stakeholders. It is expected that the Telecom Regulatory Authority of India (TRAI) will give its recommendations on the base price by March, after which the necessary cabinet clearances will be given. The Department of Telecommunications (DoT) had earlier looked at undertaking the auction in the first quarter of 2022 but decided to push it back. Communications Minister Ashwini Vaishnaw had also said that the auctions are likely to take place in April-May.
'If deaths had been properly reported, it would have helped contain the pandemic.'
Australian all-rounder Marcus Stoinis revealed the key to getting his side over the line in a nervy Super 12 run chase against South Africa in the ongoing T20 World Cup was keeping his cool under pressure.
The three Indian companies are Alpha Design Technologies Pvt Ltd, Bharat Forge Ltd and Medha Servo Drives Pvt Ltd, the space organisation said in a statement on Friday.
The department of investment and public asset management (Dipam) can also seek in-principle approval from the Cabinet Committee on Economic Affairs (CCEA) for strategic divestment of PSUs on a case-to-case basis considering investor appetite and sectoral trends.
Who do you think should be part of India's playing XI for the second ODI against South Africa?
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances