-Financial Express Big e-commerce companies having deep pockets are leaving no stone unturned in monopolizing the e-commerce business and Retail Trade of India with their malpractices and violating FDI policy, traders’ body Confederation of All India Traders (CAIT) said in a letter to Prime Minister Narendra Modi on Sunday. CAIT, which has been campaigning against Amazon and Flipkart for years now alleging unethical business practices by them, said that the absence...

-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...

-The Hindu First imposition of limits after amendment to Essential Commodities Act. With onion prices crossing ₹100 per kg in several cities, the Centre imposed stock limits on wholesalers and retailers until the end of the year to prevent hoarding. This is the first time stock limits have been imposed on any commodity after the Essential Commodities Act was amended last month to reduce such interventions. Under the curbs, wholesale traders will not...

-Vikalp.ind.in The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided...

-TheWire.in The text of the ordinances raises some questions about their stated objective to ‘free up’ curbs on trade and help farmers get a remunerative price for their crop. Recently, the Bharatiya Janata Party-led Central government introduced three ordinances to bring in far-reaching agricultural ‘reforms’ in the country. Taken together, these ordinances intend to liberalise the regulatory system in the agriculture sector, provide freedom to farmers and traders to trade in farm...