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Confederation of All India Traders

40 per cent drop recorded in sales because of cash shortage, says CAIT

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. With just 3 days for Diwali, "markets across the...

India Inc hails implementation of GST

The Goods and Services Tax (GST) is on schedule for implementation from July 1. Hailed as the biggest tax reform since India’s independence, GST will replace an array of central and state levies with a national sales tax, thereby...

CAIT raises concern on GST affecting small businesses

The biggest indirect tax transformation ‘GST’ will be upon us in a few weeks from now. The law makers are deliberating on the specific clauses and contours of it – so that the appropriate legislations can be passed. The...

Digital payments training programme launched for traders

The Central Government on Saturday launched a major training programme for more than 13,000 small and medium businesses on adopting digital payment modes. "The objective of ushering in transparency in the system along with reducing corruption can only be achieved...

How demonetization has hit small traders hard

Demonetization has hit hard the mostly cash-based retail businesses in India, witnessing an estimated sharp plunge of 25 per cent since the Government banned Rs 500 and Rs 1,000 currency notes, according to traders. The Confederation of All India Traders...

The biggest losers of the boycott of Chinese goods will be Indian traders and consumers

Amid calls from some quarters for boycott of Chinese goods in ongoing Diwali season, China said any such move will negatively impact the India-bound investments from its enterprises and also the bilateral cooperation between the two countries. According to a...

Festive sales by e-tailers a blatant violation of FDI policy: CAIT

Once again the online retailers have began flouting the FDI policy, alleged the Confederation of All India Traders (CAIT). Referring to the festive offers termed as big sales being conducted by the e-commerce companies, it said, this is the...

CAIT demands regulatory authority for online retailers

Alleging that e-commerce firms are openly flouting norms laid down under FDI, traders' body, Confederation of All India Traders (CAIT), has demanded formation of a Regulatory Authority for India's online retail market. According to a report in PTI: In a...

CAIT alleges Flipkart violated e-commerce FDI norms

Traders' body, Confederation of All India Traders (CAIT), has filed a complaint with the Department of Industrial Policy & Promotion (DIPP) alleging violation of FDI norms for e-commerce by online retail major Flipkart. According to a report in PTI: The...

Opposition, trader's body criticize FDI in e-comm

Congress party on Wednesday criticised the Modi Government's decision to allow 100 per cent FDI through automatic route in most of e-commerce retailing, saying it would "play havoc" with 5 crore retailers in the country already facing the brunt of economic...
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New Balance opens 2nd store in Pune

The latest New Balance store  is located at Phoenix Marketcity Mall, Viman Nagar, PuneBengaluru: US-based sports footwear and apparel...
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