In a big win for small traders, the Maharashtra Protection of Interest of Depositors court has directed the Competent Authority to make a graded distribution only to about 2,040 individual traders
Traders in Delhi are hoping for a huge boost to Diwali business this time, to the tune of Rs 1 lakh crore, as for the first time in three years they prepare for the festival of lights sans Covid restrictions. "This substantial inflow of funds is expected to relieve the business community from financial crisis," the Chamber of Trade and Industry (CTI) said. Free of the red eye of COVID-19, this Diwali is bringing huge business opportunities for traders. CTI said, "After two years, Diwali will be celebrated without any Covid restrictions, prompting consumers to visit markets in every city of the country, shopping." Chairman of the traders' body Brijesh Goyal and its president Subhash Khandelwal said they expect Rs 1 lakh crore business in Delhi on the occasion of Diwali. According to a recent report by the Federation of Automobile Dealers Associations (FADA), the apex organization of the automobile sector, the overall retail sales of automobiles grew by a whopping 57 per cent durin
Analysts recommend traders to maintain a bullish bias and buy on dips
Since April-end, ONDC has been testing with a closed user group for end-to-end execution.
Cryptocurrencies have been trading in tandem with US equities this year as both have been swayed by the Federal Reserve's interest-rate-hiking path
AMC Entertainment Holdings Inc. plunged 38% in premarket trading ahead of its debut of a new class of shares and after peer Cineworld Group Plc confirmed it may go bankrupt.
CTI has written to DDMA regarding the same as it is concerned that with the spike in Covid cases in national capital, virus-related restrictions will be imposed on traders, leading to loss in business
Higher smartphone penetration and lower data charges are powering this trend, say industry players
Gold domestic futures jumped by about 3 per cent to over Rs 52,000 per 10 gram in initial trading
For the transport sector, the council lowered GST to 5 per cent from 18 per cent on ropeways, renting of goods carriage, including fuel cost
Open Network for Digital Commerce (ONDC) will provide equal opportunities to small retailers to enjoy the benefits of digital world and permit them to trade on a common platform, said Goyal
The Reserve Bank of India faces the challenge of keeping bond yields in check as the government kicks off an unprecedented 14.31 trillion rupees ($190 billion) of annual borrowing in April.
CAIT termed this situation as a "blessing in disguise" for Indian manufacturers and traders to fill the void with Indian goods
CAIT says currently different e-commerce entities being regulated by different entities, resulting in a piecemeal approach and causing confusion among various stakeholders
Traders should handhold and encourage women startups to set up businesses to help them enter the mainstream of trade and commerce, Union Minister Smriti Irani has said.
Instances of glitches faced by intermediaries in the stock ecosystem are on the rise given the heavy and complex use of technology
Continuing its demand to lift the weekend curfew and odd-even rule for opening shops, the traders' fraternity here on Wednesday shot a letter to the lieutenant governor, ahead of the DDMA meeting.
CAIT which represents 70 million traders, said it is learnt that CCI has transferred midway, the officer who was investigating Amazon, which has irked the country's business community
Reliance joins top league of PE players with bold bets. More in today's top headlines
Proposed national retail trade policy to support kirana stores