User: rohan Topic: Foreign Direct Investment in Retail
Category: Foreign Direct Investment in Retail
Last updated: Dec 26 2018 20:03 IST RSS 2.0
 
1 to 20 of 26,025    
Increase in Economic Growth Rate 9.7.2019 Govt of india: PIB
Economic growth is high on the agenda of the Government. Various reforms are being undertaken by the government in many spheres to improve GDP growth. Government has announced various measures in the Budget 2019-20 to promote growth of the economy which, inter alia, include, further liberalisation of Foreign Direct Investment policy, increasing the annual turnover limit from Rs 250 crore to Rs 400 crore for a lower corporate tax rate of 25 percent, additional income tax deduction of Rs.1.
Also found in: [+]
Budget Speech Summary – Part A 5.7.2019 Govt of india: PIB
Indian economy becoming a 3 trillion dollar economy this year with World’s 3rd  largest economy in terms of Purchasing Power Parity, government’s intention to invest Rs. 100 lakh crore in infrastructure in next 5 years, enhaced target of over one lakh 5,000 crore of disinvestment in 2019-20, proposal to provide Rs.70,000 crore to PSBs to boost credit, doubling of food security budget in last 5 years, faster adoption of Electric vehicles with an outlay of Rs.10,000 crore, opening of 18 new Indian diplomatic missions in Africa, development of 17 iconic Tourism Sites into world class tourist destinations and issuance of new series of coins of 1,2,5,10 & 20 rupees are some of the key highlights of the Union Budget 2019-20 presented to Parliament by Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman today.
Also found in: [+]
Key Highlights of Union Budget 2019-20 5.7.2019 Govt of india: PIB
The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman made her maiden Budget Speech today and presented the Union Budget 2019-20 before the Parliament. The key highlights of Union Budget 2019 are as follows:   10-point Vision for the decade Building Team India with Jan Bhagidari: Minimum Government Maximum Governance.
Also found in: [+]
FDI inflows into India remained robust in 2018-19 5.7.2019 Govt of india: PIB
The Union Minster of Finance and Corporate Affairs, Nirmala Sitharaman said that FDI inflows into India have remained robust despite global headwinds. Presenting the Union Budget 2019-20 in Parliament today, she said that India’s FDI inflows in 2018-19 remained strong at USD 64.375 billion marking a 6% growth over the previous year.
Also found in: [+]
Nirmala Sitharaman proposes easing foreign direct investment norms in media and aviation 5.7.2019 Scroll.in
The Union finance minister said this would make the country a more attractive destination for international investors.
Also found in: [+]
Budget 2019: Nirmala Sitharaman begins speech in Parliament 5.7.2019 Scroll.in
This is the first Union Budget of the second term of the Narendra Modi government.
Also found in: [+]
PMKSY envisage creation of direct and indirect employment for over 5 lakh persons by 2020 21.6.2019 Govt of india: PIB
Union Minister of State for Food Processing Industries, Shri Rameswar Teli, while giving a written reply to a question on employment opportunities in thefood processing sector and increase in its share in GDP, in Rajya Sabha today, stated thatPradhan Mantri Kisan SAMPADA Yojana envisages creation of direct and indirect employment for 5,30,500 persons by 2020.
Also found in: [+]
UKIBC urges govt to revisit FDI norms for multi-brand retail 16.6.2019 DNA
India permits foreign direct investment (FDI) in the multi-brand retail sector with a cap of 51% ownership by overseas players
Also found in: [+]
New FDI rules sour India dream for Walmart 15.2.2019 Rediff: Top Stories (India)
For now Walmart has said it remains optimistic about India. But that could change without prior notice, says Nivedita Mookerji.
Also found in: [+]
US may withdraw zero tariffs for India 9.2.2019 The Assam Tribune
US may withdraw zero tariffs for India
Also found in: [+]
Walmart bets on India despite change in FDI norms 7.2.2019 Sify Finance
American retail giant Walmart and its Indian e-tail major Flipkart are betting big on India despite the revised norms for Foreign Direct Investment (FDI) in e-commerce, the companies said.
Also found in: [+]
Consultations begin on drafting e-comm policy 5.2.2019 Financial Chronicle
Chennai The newly renamed department of promotion of industry and internal trade has started consulting various stakeholders on drafting an e-commerce policy. The department has started consulting e-commerce companies, IT industry body, payment companies and other tech companies as part of the exercise, sources said. But some of the e-commerce players said that they were still waiting for the meeting with the department officials. It has not consulted retail entities or retail industry bodies either. “Setting up a regulator for the e-commerce sector is one of the topics the department is seeking opinion of the industry. The new FDI rules also will be incorporated in the policy. It will also look into payment and logistics related matters concerning the e-commerce industry,’ said an industry insider. The e-commerce companies had earlier complained that they were not consulted before the government issued clarification of its FDI policy for e-commerce. Even after issuing the press note 2, the companies ...
Also found in: [+]
Retail sector investments double to Rs 1,300 crore in 2018 24.1.2019 Financial Chronicle
Chennai Investments in the retail sector doubled in 2018 to Rs 1300 crore as the sector received Rs 5500 crore investments in the past four years. Entry and expansion of global players and developmental activities in tier II and III cities will see organized retail growing to $209 billion by 2020, finds Anarock Retail. In 2018, development of retail real estate grew to Rs 1300 crore from Rs 600 crore in the previous year. However, in 2016, the sector had attracted investment of Rs 3100 crore. “With a new regulatory environment being created plus further easing of FDI policies, investments poured in to the tune of Rs 1,300 crore in 2018,” found Anarock. The increased investment will see addition of around 39 million sq. ft. of organized retail space between 2019 and 2022. Out of this supply, about 71 per cent will be developed in metros and tier 1 cities and the remaining 29 per cent will be in tier 2 and 3 cities like Ahmedabad, Bhuba­neshwar, Ranchi, Kochi, Lucknow, Surat and Amritsar. Development of in ...
Also found in: [+]
Traders resent RIL bid to enter e-commerce 21.1.2019 Financial Chronicle
Chennai Traders, who have been critical of the operations of FDI-funded multi-national e-commerce biggies, are not happy about the entry of Reliance Industries either. They want rules to be applicable alike for both multinationals and domestic players. However, the industry reckons that it would be tougher to get the new norms eased for multinational players, with Reliance announcing its foray into the e-commerce sector. The current regulations and norms in the e-commerce space are mostly meant for the FDI-funded entities. These may not be applicable for Reliance, as it does not need FDI to fund its e-commerce venture. “Whosoever launches an e-commerce portal, it should be based on fair fundamentals and not on malpractices, which includes predatory pricing, deep discounting, loss funding or exclusivity. We have seen in the past that big corporate houses are more interested in generating profits rather than serving as a strong conduit of supply chain,” said the Confederation of All-India Traders ...
Also found in: [+]
Domestic, foreign e-commerce players should be treated alike: Cuts International 7.1.2019 Sify Finance
The government needs to create a level-playing field for both domestic and foreign e-commerce platforms through a comprehensive e-commerce policy, said Pradeep S. Mehta, Secretary General, CUTS International on Sunday.
Also found in: [+]
DIPP Clarification regarding Press Note 2 (2018) 4.1.2019 Govt of india: PIB
FDI policy on e-commerce, first pronounced through Press Note 2 of 2000, permitted 100% FDI in B2B e-commerce activities. With a view to clarify the already existing policy framework, after extensive stakeholder consultations, Press Note 3 was issued by DIPP in 2016.
Also found in: [+]
E-commerce FDI policy bars foreign investment in multi-brand retail: Government 4.1.2019 Sify Finance
The Centre on Thursday said the Foreign Direct Investment (FDI) policy on e-commerce does not allow foreign investments into multi-brand retail.
Also found in: [+]
E-commerce rules do not allow foreign investment in multi-brand retail: DIPP 3.1.2019 Zee News : Business
These clarifications have come against the backdrop of new provisions announced by the DIPP related to FDI in e-commerce sector last month.
Also found in: [+]
After a year of reckoning, realty stares at turbulent recovery 30.12.2018 Sify Finance
-segment housing driving sales amidst largely stagnant prices, the liquidity crisis gripping NBFCs, a major source of funding for realty, put the brakes on recovery. And with the assembly polls and upcoming general elections further casting a pall of uncertainty over the liquidity situation in the New Year, real estate is headed for a turbulent turnaround.
Also found in: [+]
New e-commerce norms to impact e-tailers: Flipkart 28.12.2018 Sify Finance
The policy changes the government announced on Wednesday for the e-commerce sector would have long term implications, said leading e-tailer Flipkart on Friday.
Also found in: [+]
1 to 20 of 26,025