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Is India heading towards Reliance's monopoly in retail space? Find out CCI Chairman's views -Dipak Mondal

-BusinessToday.in While fate of RIL's Future Retail acquisition remains uncertain after Amazon got an interim arbitration order against that transaction, consolidation in retail space has raised murmurs of growing monopoly of the company in retail and some other sectors Urban Ladder is the latest company in the retail space to be acquired by Reliance Retail. This comes close on the heels of its big ticket acquisition of Future Retail. While the fate...

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Labour Ministry seeks feedback on draft social security rules

-The Hindu They propose to provide the unorganised sector, gig and platform workers access to social security benefits through a government portal. The Union Labour and Employment Ministry has notified the draft rules under the Code on Social Security, 2020, which propose to provide the unorganised sector, gig and platform workers access to social security benefits through a government portal. The Ministry notified the draft rules on November 13 and sought suggestions and...

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Tech Platforms Feel the Heat -CP Chandrasekhar

-NetworkIdeas.org In a move that was expected, the US Justice Department has filed an anti-trust lawsuit against internet search giant Google, alleging that it resorts to anti-competitive practices to ensure its dominance in the search engine space and, through that, over the related online advertising revenues. As a leading example the case cites the successful effort to exclude the competition through a deal, in place since 2005, in which Google pays...

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Centre rolls out ₹1.19 lakh-crore stimulus package

-The Hindu Atma Nirbhar Bharat Abhiyan 3.0 includes scheme to incentivise new recruitment. Finance Minister Nirmala Sitharaman on Thursday announced a fresh set of relief and stimulus measures for the economy worth ₹1.19 lakh crore, including a scheme to boost re-employment chances of formal sector employees who lost their jobs amidst the COVID-19 pandemic. The measures, announced a day after the Reserve Bank of India (RBI) said the country had entered into a...

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Lessons from Vietnam and Bangladesh -Ajay Srivastava

-The Hindu With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam’s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them? Two nations and their success stories An open trade policy, a less...

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