According to a 2013 CLSA report , online retail in India was worth $3.1 billion, or about 10% of the country's organised retail market
For months, offline retailers and traders have been lobbying hard for a national retail policy to protect their business from the growing influx of e-commerce.
French companies have invested more than $1 billion per year in India.
The government also appointed Dr Vinod Paul, a pediatrician at the AIIMS, as a member of the NITI Aayog
In a response to the August 3 order, the Centre, represented by Solicitor General Tushar Mehta, said till the time either the legislature or the poll panel steps in, the top court must lay down "dos and don'ts" for political parties in the 'larger national interest.'
the Associated Chambers of Commerce and Industry on Wednesday said the country's IT industry is slated to grow by 26 per cent this year driven by strong economic performance.
It is being suggested that apps, such as WhatsApp and Telegram, should share their APIs with each other to ensure there is interoperability, just as it exists across email services.
India has announced suspension of all tourist visas till April 15 in a bid to contain the spread of the virus.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
The community is planning to welcome Modi at every possible location where he could be available during his three-day stay.
The Indian information technology industry is relieved at the US Senate's decision to block the proposed 'Creating American Jobs and Ending Offshoring Act', that sought to offer a tax holiday for employers moving jobs to the US from abroad.
The roadshow will bridge any existing gaps and assist Indian companies seeking to invest in Dubai.
Mitra said that Tata group firm TCS was creating additional 20,000 jobs.
The company had decided to set up an office in Mumbai last year but had to shelve its plans because of recession and market conditions. The company as part of a consortium had placed bids in infrastructure projects last year in Malegaon, Pune, Chennai, Hyderabad.
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Raghuram Rajan, who took over as RBI Governor on September 4, is scheduled to unveil on Friday mid-quarter monetary policy review, an event keenly awaited by industry and banks.
However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
The Gulf Cooperation Council countries -- Bharain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates -- present a lot of trade opportunities for India, he said. The Assocham has been promoting India as an investment destination for infrastructure, biotechnology, power, roads, IT and allied sectors. It has also created an Andhra Pradesh Investment Cell to attract investments to the state.
West Bengal Pradesh Congress Committee President Adhir Ranjan Chowdhury on Saturday criticised the statements of West Bengal ministers against Ratan Tata, and said Tata's views and opinions about the development of the state would always be welcomed by the people of Bengal.
CII suggested the policy measures required to ease the tight liquidity situation by cutting CRR by at least 50 basis points.
India's first Winter Olympian, Shiva Keshavan, on Monday urged the authorities to come forward and help the athletes who are left to battle all odds in their quest to bring laurels to the country. Taking part in a panel discussion under the banner 'International Convention on Business of Sports', organised by Federation of Indian Chambers of Commerce and Industry (FICCI) here, the youngest ever athlete to officially qualify for the Olympic Games in luge said, "We sportsmen are always very altruistic. We focus so much on doing well in our respective disciplines that nothing else matters to us. But, the government should come forward and help us nonetheless." The 34-year-old athlete from Manali took part as an independent participant in 2014 Sochi Winter Olympics due to the suspension of Indian Olympic Association (IOA). However, as the ban was lifted while the Games were still on, he ended up competing under the Indian flag. "I have taken part in five Winter Olympics without a coach. I always wanted to be trained under a good coach. But later, I realised that I wasted a lot of time chasing a lot of things," said Keshavan who finally found a coach in American Duncan Kennedy but had to part ways after a short stint due to financial constraints. "The government was only paying for a part of his (Kennedy's) salary," he said.
'Unless she joins one of the coalitions, she has a bleak future.' 'The NDA option is suicidal, but INDIA could help her.'
Saudi Arabia has emerged as a lucrative investment destination for Indian firms with over 190 of them getting licenses from the Saudi Arabian Investment Authority over the past two years.
Ten Indian companies are trying to set up base in the UK over the next one year, a British diplomat said in Kolkata on Monday.
The Indian government headed by Prime Minister Manmohan Singh, who is known as the architect of the country's liberalisation and economic reforms, is inching towards a "protectionist" regime, top American experts have told US lawmakers.
"So you will not have anything better... democracy loving, capitalist respecting environment... in India," Sitharaman said at the event hosted by the Federation of Indian Chambers of Commerce and Industry in association with the US India Strategic and Partnership Forum.
India was ranked 142 last year, but in the latest report it was revised to 134.
Long-distance runner Lalita Babar was named Sports Person of the Year at the India Sports Awards 2015 in New Delhi on Monday.
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Industry's demand for a reduction in the repo rate, currently 8 per cent, has gained momentum after wholesale and retail inflation eased in February.
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The rate cut, the industry chambers argued, could have given a positive signal to the manufacturing sector, which is undergoing difficult times.
The meeting will focus on how to make the crisis an opportunity for India.
The queries can now be addressed to and their responses accessed from the makeinindia.com website that was unveiled along with the campaign aimed at making India a manufacturing hub by Modi at a mega event in New Delhi on Thursday.
West Bengal, the chief minister said, cannot be compared with other states and despite all hurdles it had an increased revenue generation over the last three years from Rs 21,000 crore (Rs 210 billion) to Rs 40,000 crore (Rs 400 billion).
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
In his maiden Budget presented in Parliament on July 10, Finance Minister Arun Jaitley has tried to provide relief to the middle class by increasing tax exemption limit by Rs 50,000 to Rs 250,000.
Beijing wants assurance that its investments won't come under scrutiny
In an effort to improve Indo-UK bilateral trade, the British Chamber of Commerce and Industry will bring out an India Fact File on September 1, Indian High Commissioner to the UK, Kamalesh Sharma said in London.
With India, the last round of talks took place in February 2011.
For 2016, India's rank in ease of doing business has improved.
The status quo decision came as a breather as only last week the RBI had pulled up banks for not helping it in monetary policy transmission.
Pullela Gopichand called P V Sindhu and Saina Nehwal -- his two most successful pupils -- as 'precious diamonds'.
