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Saturday, Apr 27, 2024 | Last Update : 04:02 AM IST

With a week more to go for Diwali, the commercial markets in different cities, comprising of small and medium traders, are witnessing a slump in business.

Unorganised trade sees muted sales

Festival-specific items too are seeing a slump—35 per cent in gift items, 25 per cent in furnishing goods and 25 per cent in decorative items.

22 Oct 2019 1:35 AM

Last week, senior officials of the Department for Promotion of Industry and Internal Trade (DPIIT) held a meeting with the representatives of Amazon and Flipkart following a complaint by the Confederation of All India Traders (CAIT).

CAIT seeks govt audit into business models of Amazon, Flipkart

...both Amazon and Flipkart in a clandestine manner refuted the issues raised by us even after showing relevant evidences, said CAIT.

14 Oct 2019 8:06 PM

The auto industry has been attributing the sales downturn to several factors like high GST rates, farm distress, stagnant wages and liquidity constraints.

No slowdown in automobile sector, claims traders body CAIT

There is no slowdown in automobile sector. They are saying this to get a package from government, said CAIT's Praveen Khandelwal.

17 Sep 2019 3:14 PM

CAIT is of the view that traders are forced to sell the goods packed in single- use plastic by big manufacturers.

Issue guidelines to remove confusion on single-use plastic: Traders' body

Confusions, if not taken cognisance of, may prove to be a roadblock in eradication of single-use plastic, CAIT said.

15 Sep 2019 4:55 PM

CAIT, which represents 500,000 merchants and traders in India, also demanded a “blanket ban” on such sales.

CAIT seeks ban on Amazon, Flipkart's festive season sale

Flipkart’s six-day sale begins Sept 29, while Amazon is yet to announce dates.

14 Sep 2019 12:15 PM

The Confederation of All India Traders (CAIT) has "given the call to boycott Chinese products to make China understand the repercussions of supporting Pakistan".

Traders body calls for boycott of Chinese goods, seeks up to 500 pc import duty

The issue will be discussed in a national conference of traders from all states convened by CAIT on August 29.

18 Aug 2019 5:34 PM

Realising that e-commerce will play an important role in business, "we will make live showroom of traders on e-commerce portal which will have integrated facilities of digital payments, logistics and live chat," CAIT Secretary General Praveen Khandelwal said. (Photo: File)

CAIT launches initiative to accelerate use of digital payments among merchants

HDFC Bank's Smita Bhagat said that the initiative will make a big difference in the lives of small traders.

08 Aug 2019 7:14 PM

The CAIT has said that endorsements by Dhoni have "greatly influenced" people to buy flats in Amrapali projects and since the builder is found guilty an accountability also falls on Dhoni.

CAIT demands action against Dhoni for endorsing realtor Amrapali

Action against Dhoni for his endorsement and advertisements promoting Amrapali Group which has been found guilty by the Supreme Court.

26 Jul 2019 9:02 AM

The Confederation of All India Traders (CAIT) on Sunday welcomed and greeted Prime Minister Narendra Modi for providing pension to traders after attaining the age of 60 years. (Photo: File | Twitter)

CAIT hails PM Modi decision on pension for traders

About three crore traders of the country will be benefitted with this decision of the government, an official said.

03 Jun 2019 3:24 AM

This proposal is part of the 100-day action plan prepared by the department, under the commerce and industry ministry, for the new government. (Representational Image)

DPIIT proposes national retail policy as part of its 100-day action plan

A national retail policy will be formulated to benefit 65 million small traders, an official said.

30 May 2019 3:13 PM

Congress President Rahul Gandhi last week said that funds for the ambitious 'NYAY' scheme will come from the pockets of 'chor' businessmen favoured by 'Chowkidar' Narendra Modi. (Photo: File | ANI)

Traders body slams Rahul Gandhi for 'chor' businessmen jibe

By calling traders thieves, Gandhi has insulted an entire trading community, CAIT Secretary General Praveen Khandelwal said.

09 Apr 2019 4:50 PM

CAIT secretary general Praveen Khandelwal said Gandhi is opposing the GST "whereas he does not have a blueprint of any alternate tax structure".

Traders' body slams Rahul Gandhi's statement on abolishing GST

The attempt of Gandhi for seeking political mileage making traders a scapegoat is deeply regretted, CAIT said.

25 Mar 2019 1:01 PM

Traders are not annoyed with GST and instead are willing to adopt it in a cohesive manner, said CAIT in a letter to Rahul Gandhi. (Photo: File | ANI)

Traders are not annoyed with GST, don't use us for political points: CAIT to Rahul

Domestic traders' body CAIT on Wednesday criticised Congress chief Rahul Gandhi for his repeated statements on GST.

22 Mar 2019 11:51 AM

Calling it a serious matter, CAIT urged the government to start a high-level enquiry at Indian ports to bring an end to the crony nexus. (Photo: File | Twitter)

CAIT urges govt to probe Chinese goods imported via hawala route

CAIT, in a statement, claimed that "such hawala money might be transferred to Pakistan for conducting terror activities".

17 Mar 2019 6:28 PM

CAIT Secretary General Praveen Khandelwal said during the bandh traders would observe a day long fast and take out a tribute march in their respective states. (Photo: Twitter)

Traders body calls for nationwide market bandh on Monday

In a statement, the CAIT said commercial markets will remain closed, there will be no business activity.

17 Feb 2019 3:48 PM

Emails sent to Amazon and Flipkart did not elicit any response.

Online marketplaces may seek extension of Feb 1 deadline for new FDI rules

The government had clarified that private labels were not banned from being sold on e-commerce marketplaces.

04 Jan 2019 5:32 PM

The ministry is working on the policy and would soon come out with a draft for public views.

E-commerce FDI norms should be applied on domestic online players also: CAIT

The Confederation also asked the minister to set up an independent regulatory authority for the sector.

31 Dec 2018 3:11 PM

No proposal to change existing FDI policy in multi-brand retail trade: DIPP Secy

Government is looking at increasing FDI cap to 100 per cent in the sector.

13 Dec 2018 1:46 PM

GST Council in January 2017 decided that both the central and state tax administration would have the power to take intelligence-based enforcement action.

Dual jurisdiction under GST opens door for traders' harassment: CAIT

Taxpayers were assigned to Central and state officials on the basis of annual turnover.

19 Oct 2018 3:20 PM

Last week, the GST Council had decided to set up a panel to examine the legality of imposing a new tax on certain goods and services to raise resources for natural calamity-hit states like Kerala.

Traders oppose idea to impose calamity cess

Traders body CAIT, on Tuesday, opposed the imposition of “calamity cess” on GST.

03 Oct 2018 12:39 AM

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