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Retail policy put on fast track

-The Telegraph The commerce ministry has also formed a committee to address the concerns of stakeholders on the draft e-commerce policy The government plans to come out with a draft national retail policy in the next 10 days amid strong opposition among small traders over the rapid expansion of online retail, led by multinationals, even as they grapple with the computerisation of their operations. The commerce ministry has also formed a committee to...

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Explained: Why the world is debating data flow -Karishma Mehrotra

-The Indian Express Should data be allowed to flow freely or localised at source? As IT Ministry prepares to present data protection Bill in Parliament and countries argue at global forums, a look at both sides of the debate. The IT Ministry’s Bill on data protection is scheduled to be introduced in Parliament during the current session. Worldwide, the data flow debate is playing out at the World Trade Organisation (WTO)...

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India's economy: broad hints of causes for worry

-The Telegraph Inflation and a poor monsoon may add to our woes in an economy already plagued with high unemployment and low demand The Ministry of Commerce has released the latest data on wholesale price index inflation. The data on food inflation have attracted attention as it soared to a 33-month high in April 2019. However, this rate of inflation is still moderate at 7.4 per cent. The inflation has been due...

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At WTO, India for 'unbiased' assessment of trade policies -TCA Sharad Raghavan

-The Hindu India is trying to rally the support of other developing countries in the World Trade Organisation to reform the “biased” system of assessing a country’s services trade policies, according to an official closely associated with the development. The existing system, developed by the Organisation for Economic Co-operation and Development (OECD), has significant quantitative and qualitative flaws, said Manoj Pant, Director of the Indian Institute of Foreign Trade, and author of...

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US, Canada may object to India's quantitative cap on pulses imports -Rutam Vora

-The Hindu Business Line Senior Commerce Ministry official says discussions will be conducted before a dispute is filed at WTO Ahmedabad: India is set for another trade face-off with the United States and Canada at the World Trade Organisation (WTO). According to a senior Union Commerce Ministry official, the US along with Canada is likely to raise objection at the WTO opposing quantitative cap on pulses imports. This is separate from the objections...

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