-The Times of India NEW DELHI: The government has revived plans to put e-commerce players on a tight leash, including imposing checks on discounting and unbridled cashbacks and freebies, in a bid to clamp down on “predatory behaviour”. Sources told TOI that the commerce and industry ministry is looking at ways to strengthen the e-commerce sector while safeguarding the interests of domestic retailers. Many of them are complaining about serious loss of...

-PTI As much as 40 per cent drop has been recorded in sales in markets across the country due to low footfall of consumers because of cash shortages New Delhi: As much as 40 per cent drop has been recorded in sales in markets across the country due to low footfall of consumers because of cash shortages, traders body CAIT said on Monday. With just 3 days for Diwali, “markets across the country...

-The Hindu Business Line Automating the systems seems to be the biggest challenge New Delhi: With less than a week to go for the new indirect tax regime to kick in, small businesses are trying to understand the modalities of the goods and services tax (GST) as the compliance burden for them is set to significantly rise. Making a relaxation for small businesses, rules allow those with an annual turnover between Rs. 20...

-PTI United Nations has observed that poverty head count ratio for Muslims is highest in the states of Assam, Uttar Pradesh, West Bengal and Gujarat even as it expressed satisfaction over India's efforts to meet the millennium development goals in important areas. "India is well placed to meet the millennium evelopment goals on reducing poverty by half and achieving universal primary education and gender parity in education. However, it is not...

-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...