'The RSS doesn't intervene, interfere or try to dominate government policy-making... The responsibility of running the government is entirely in the hands of the BJP.'
'In the last 4, 5 years, ever since online companies started online shopping in a big way with heavy discounts, our sales are affected badly.' 'As there is no control over the way the online companies operate, they were able to destroy the domestic retail market to a great extent.'
Eying a prominent role in the next government at the Centre, the All India Anna Dravida Munnetra Kazhagam on Tuesday promised to extend populist schemes like distribution of free mixies, grinders, fans, milch cows and goats across the country in its Lok Sabha manifesto.
While the government's demonetisation move is aimed at curbing under-invoicing, the worry was that retailers would de-stock in the short term, impacting sales.
In a major policy reversal, the AAP government wrote to the Centre to withdraw the approval given by the previous Sheila Dikshit government for FDI in multi-brand retailing in Delhi, saying the entry of global chains such as Walmart and Tesco in India would result in large-scale job losses.
No one expects the government to publicly concede policy mistakes. But it can shed denial; and, stop the point-winning debating style to the formulation of public policy, says Rahul Khullar.
The Reserve Bank of India (RBI) is likely to keep monetary policy steady in June despite sluggish economic activity as inflation remains elevated, a Reuters poll showed on Wednesday.
For the party's traditional vote bank -- traders -- demonetisation was a 'political betrayal.'
As of now, 12 million Indians join the workforce every year.
Four new retailers from US, two from Germany may have shown interest in setting up shop in India.
Reform ideas do not occur overnight and evolve over the years.
The previous United Progressive Alliance government had permitted up to 51 per cent foreign direct investment in multi-brand retail but the current National Democratic Alliance government is opposed to it.
Thailand, Indonesia want unconditional access to India's multi-brand retail space.
Foreign retail chains, reluctantly allowed limited entry, have begun to make their initial moves and, like Ikea, intend to spend big money -- sometimes in the billions of dollars.
Many countries advised the return the high-denomination notes to the central bank for destruction, but these continued to be legal tender. This and the introduction of a new Rs 2,000 note in India are the two major differences between Indian demonetisation and those of other countries.
Patanjali doesn't employ any fancy managers with MBA degrees.
It is clear that wineries with good facilities for visitors will gain significantly both in image as well as in commercial terms, says Bengaluru-based wine consultant Alok Chandra.
IIM-B, professor R Vaidyanathan talks to Shobha Warrier about black money, Mudra Bank and Jaitley's Budget.
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Government seeks stakeholders' comments by Jan 30 on discussion paper.
As the new ecommerce paradigm works its way through multiple sectors of the economy it is likely to encounter legal challenges, says Ajit Balakrishnan.
'You cannot treat workers like beggars.'
New age technology will reshape India's future.
Pradip Burman belongs to one of India's most illustrious business families, one which runs the noted Dabur brand of mostly Ayurveda-based FMCG products.
"Not a single step has been taken by this government to empower small businesses in India," says Praveen Khandelwal, national secretary general of the Confederation of All India Traders and former treasurer of the Bharatiya Janata Party's Delhi unit.
The estimates of national income and growth do not pass the 'smell test'.
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
The target of $500 billion in bilateral trade by 2020 is doable, feels Anand Sharma.
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