Retailers Association Of India
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Coronavirus Outbreak: Allow home delivery by all retailers, not just e-commerce players, says industry body
•The Retailers Association of India (RAI) on Thursday urged the government to "strongly consider" allowing all forms of retailers, not just e-commerce players, to operate through home delivery during the extended lockdown period
Salary cuts more feasible than job cuts, say experts; peg recovery period for retail at 9-12 months after lockdown ends
Sulekha_nair •The short-term impact of the coronavirus pandemic on retailers in the country will be severe, but retail sales recovery period for India is expected to kickstart from the first week of May subject to the lockdown not being extended further,
SC ruling on firecrackers: Industry fears loss of sales, appeals government to expedite issue of temporary licences
•The Supreme Court Tuesday ruled that only firecrackers with reduced emission and decibel levels will be allowed to sell during all festivals that too with strict time limits.
Govt's business-friendly policies, digital push boost retail foreign direct investment: Report
•As per the Reserve Bank of India (RBI), FDI in retail and wholesale trade nearly doubled to $4.4 billion in 2017-18, from $2.7 billion in 2016-17.
Maharashtra plastic ban impact: Mom-n-pop shops claim 50% plunge in sales, says traders body
•The plastic ban has led to a big loss of business at the over 3 lakh kirana stores across Maharashtra. Business is down 50 percent, Federation of Retail Traders Welfare Association president said
Walmart India CEO Krish Iyer demands 'industry' status for retail sector, says it can create millions of jobs
Fp Staff •India needs to create a million jobs every month for the next 10 years to ensure that its youth are fully employed.
Walmart Flipkart deal will demoralise e-commerce space, create uneven playing field, say traders
•Walmart's $16 billion acquisition of Flipkart will vitiate the country's e-commerce space and create an uneven playing field, traders and retailers said
Budget 2018: Retailers seek industry status, GST simplification, relaxed FDI
•In the run up to the budget, retailers have asked the government to simplify GST system and grant industry status to the sector for easier access to finance and attract more investments.
Govt to discuss MDR rate issue with RBI, says finance ministry official
•The government will hold deliberations with the Reserve Bank of India (RBI) to work out a mechanism for bringing down merchant discount rates (MDR) which have increased from 0.25 percent of transaction value to 0.90 percent recently, a finance ministry official said.
GST: Retailers' Association appeals for review of cash bills format claiming it is "confusing"
•GST rules define that it is mandatory to mention GST rates and HS code for each article sold