Won’t allow ecommerce firms to stockpile inventory: Traders

It said that government should desist such move or else prepared to face strong opposition.

India to perform better than emerging markets

“To the extent that rising oil prices is demand led, the deterioration in India's terms of trade is offset by stronger exports,” it said.

According to estimates, more than 20 mn infra projects on the anvil in the country, 51 pc are in Maharashtra.

Department of Economic Affairs stated that a total of five proposals were disposed of, out of which three were approved.

Walmart is buying 77 per cent of Flipkart from existing shareholders, including Japan's SoftBank.

Walmart has begun competing with Amazon for the e-commerce space and about 10 per cent of its US sales are now by this.

Several developed economies, including the US, are keen on an agreement in WTO on e-commerce.

Government considering raising the FDI limit to 49 per cent for some time now.

FDI in agriculture was Rs 515.9 crore in the entire 2016-17 fiscal, Rs 553.14 crore in 2015-16.

India has reached out to businesses in America's mid-west region citing investment opportunities in Punjab, MP, Andhra, Telangana.