Page 6 - Cait

Retail trade suffered Rs 15.5 trillion business loss due to Covid-19: CAIT

CAIT Secretary General Praveen Khandelwal said the domestic trade is passing through its worst period in the current century

CAIT aims to dent China's Rs 4,000 cr biz with 'Hindustani Rakhi'

CAIT would also hand over more than 5,000 rakhis to Defence Minister Rajnath Singh to be further sent to soldiers guarding the country's borders

Traders' body CAIT demands ban on China's Huawei, ZTE from India 5G rollout

The traders' body has written a letter in this regard to Union Minister Ravi Shankar Prasad

Traders' body CAIT suggests measures to broaden GST to simplify taxation

Traders' body CAIT on Wednesday suggested a host of measures, like technical audits and waiver of late fees, to broaden the GST base and make the taxation system simple.

E-commerce firms ready to comply on 'country of origin' after DPIIT meeting

The companies have been told to come back for the next meeting in about two weeks and provide suggestions and provide information about the challenges they may face to implement the said feature

After PM Modi intervenes, traders say Delhi markets to remain open

CAIT, however, said that if the situation warranted it would have to revisit its decision

E-commerce firms gearing up for businesses, to make products available

As a marketplace e-commerce player, Flipkart said it is their responsibility to enable sellers and the MSME community to bounce back and facilitate economic activity

Amid race to woo small traders, CAIT readies online portal for kiranas

Called bharatemarket.in, the announcement comes at a time when e-tailers Amazon and Flipkart and offline player Reliance Retail are trying to woo small traders

India business most affected due to coronavirus lockdown: Amazon CFO

Last month, the government said e-commerce platforms would be allowed to sell only essential items during the lockdown

The rise of discretion

Recent decisions in the wake of Covid-19 have hurt India's FDI policy

Traders seek clarity, urge states to issue guidelines on reopening of shops

The Retailers Association of India (RAI) said the government's order to allow reopening of shops is open to interpretation as terms like "market complexes" are not easily understood

Covid-19: Delhi markets to remain shut for 3 days from Saturday, says CAIT

PM Modi called for a 'Janata Curfew' on Sunday from 7 am to 9 pm, saying no citizen, barring those in essential services, should go out of house.

Industry and analysts denounce GST rate hike to 18% on mobile phones

Xiaomi MD says move could weaken demand as smartphone makers will be forced to raise prices

NCLAT sets aside CAIT plea against CCI nod to Walmart's Flipkart buy

A two-member bench of the appellate tribunal headed by Justice S J Mukhopadhaya said CAIT failed to establish its allegations against CCI granting approval for Walmart-Flipkart deal

Traders unhappy with Modi government and feel neglected, says CAIT

Over the past 6 years, CAIT has repeatedly backed the BJP in state and national elections, and has become an instrumental player in the corridors of power

Amazon, trade bodies' courtroom battle may impact e-commerce policy

The case may drag for a few years, experts say, as CAIT and DVM have said they will appeal against the interim relief granted to Amazon on Friday

CAIT seeks to meet Trump on concerns over Amazon, Flipkart trade practices

The Confederation of All India Traders (CAIT) has been alleging violation of FDI policy rules by American e-commerce majors to the detriment of domestic retailers.

Budget 2020: CAIT calls for a special income-tax slab for traders

CAIT has been at the forefront of the protest against the discount policy on e-commerce sites

CAIT to prepare database of traders, employees across India from March 1

The exercise is aimed at better addressing the basic problems of traders across the country, CAIT said

Pact between Gujarat handloom and Flipkart, CAIT condemns govt's move

The Confederation of All India Traders (CAIT) in a statement said it "strongly condemned the decision of the Gujarat government announcing" this memorandum of understanding (MoU)