Retail Sector
Recent Highlights
All Stories for Retail Sector

Policy flip-flop on e-commerce: Preferential pricing to gain some market share has to be stopped in its tracks
Arvind Singhal •The government's recent flip-flop on opening of e-commerce to the so-called “non-essential” goods is just one of the many such flip-flops that the Government of India has made in the last 15 years on policies relating to modernisation of India’s retail sector

Facebook invests $5.7 billion in Reliance Industries Jio Platforms; plans digital services for Indian grocers
•The deal for 9.99 percent of Jio Platforms, which houses the telecoms unit Jio Infocomm as well as other news, movie and music apps, gives Jio Platforms an enterprise value of about $66 billion, Reliance said.

Coronavirus set to hit revenue in pharma, electronic sectors as supply of raw materials from China dwindle
Sulekha_nair •The impact of coronavirus epidemic in China on Indian companies with suppliers and buyers in China will vary across sectors depending on the respective import dependency

How bad is current slowdown in the Indian economy; read all this and more on Moneycontrol Pro
Moneycontrol •A look at bank credit numbers for the first four months of this fiscal, compared to previous years, gives a better picture of how the economy is faring

Govt should consider formulating proposed national retail trade policy for bolstering sector
Anil Talreja •The increase in disposable income would result in additional demand and help boost the retail sector.

E-commerce revolutionised retail sector, will play major role in India growth story: Niti Aayog CEO Amitabh Kant
•Kant noted that driven by the growth in India's retail market, the country's GDP will also witness an increase and result in more job opportunities

Govt may relax mandatory 30% local sourcing norms for single-brand retailers to attract big foreign players
•Single-brand foreign retailers may be allowed to adjust the incremental sourcing of goods from India for global operations during the initial 10 years

New e-commerce rules may help boost topline for offline retailers by Rs 10,000-12,000 crore: CRISIL
•CRISIL estimated that if B&M retailers lap up even a fourth of the impacted sales of e-retailers, it would lead to topline gains of Rs 10,000-12,000 crore

E-commerce norms should treat domestic, foreign players equally to boost the industry: CUTS International
•It said the government should frame a comprehensive national e-commerce policy to provide a level playing field to domestic and foreign e-retail companies

Commerce and industry ministry drafting new e-commerce policy to boost online retail sector: DIPP secretary
•The draft had suggested to introduce a pre-set timeframe for offering differential pricing or deep discounts by e-commerce players to customers.


