Last year, the state was placed 12th; Andhra Pradesh, Telangana were placed on top
New Delhi/Bengaluru, 28 October Being allowed Predatory discounting and a conducive business environment are not the same thing, the central government plans to make clear to digital commerce entities. In the e-commerce policy it is preparing, this point will be underlined, say sources in the commerce ministry.'Deep' discounting has been a constant complaint of traders and offline (traditional) selling entities. "E-commerce players keep saying that the business environment needs to improve; it should be more open, so that more foreign investment comes in. Butm when you do a deep dive, their main bone of contention is around the discounts and sales they hold, and the protests around it. These two things are completely different and in the e-commerce policy, we will make this clear. We, under no circumstances, will allow or condone predatory pricing," said a senior in the ministry.The policy is, after delays, likely to be ready only next year. The policy might not only limit the ...
India has climbed 14 spots to stand 63rd in World Bank's Ease of Doing Business ranking, but the momentum must be backed by stable policy
In the latest report, India managed to better its ranking on seven of the World Bank's 10 parameters
The official's remarks came as India jumped 14 places to take the 63rd position on the World Bank's ease of doing business ranking
India jumped 14 places to the 63rd position on the World Bank's ease of doing business ranking released earlier in the day
The country also figured among the the top 10 performers on the list for the third time in a row
From government announcing the merger of BSNL and MTNL to HCL Tech Q2 net income rising 4.4%, here are the top 10 business headlines on Thursday
India was 77th among 190 countries in the previous ranking
The annual World Bank's Doing Business 2020 report is expected to be released tomorrow.
India needs many SMEs, each of whom may not individually hire many people, but collectively, they can provide a quantum of productive employment
Obedience of court rulings vital for ease of doing business
While the World Bank's ranking rests on ease of doing business in Mumbai and Delhi, the DPIIT's is based on reforms done in states
Kant highlighted that tourism, alcohol-beverages and sugar industries have the potential to generate jobs and fuel India's growth story
Taxpayers would benefit from certainty in the assessment matters
The minister also said that under his leadership, the government has already reduced the number of days of granting environmental approvals from 640 days to 108 days
Good move, but a more holistic approach needed
The participation of women in the economy must increase and the country cannot grow without bringing the large women population into the workforce, CEO Kant said
In 2018, UP was placed 12th behind top ranked Andhra Pradesh, Telangana
Merely focusing on specific marque indices alone cannot ensure a desired outcome