while Amazon’s will start from October 17. Festive season sale is important for Amazon and Flipkart. Last year, the two sold goods worth a record Rs 19,000 crore.
Huawei and ZTE Corporation of China should be banned from participating in 5G network rollout in India.
But the boycott call can succeed when hell freezes over, which is never. For one, Chinese exporters can redirect products to other countries.
About 45 per cent are catering to the needs in rural India with very limited resources.
The business of non-essential goods has also not picked up and it is nearly one-fifth of the usual trade, Confederation of West Bengal Traders Association president Sushil Poddar said.
Neighbourhood shops may open soon, but those in malls and Covid hotspots might not
The move comes close on the heels of Amazon, Flipkart as well as the combined forces of JioMart and Whatsapp aggressively ramping up efforts to enable local retailers.
CAIT Secretary General Praveen Khandelwal said that a final decision to the call for nationwide market closure on March 22 will be taken tomorrow.
In a letter to Nirmala Sitharaman, CAIT suggested that insurance companies may be mandated to bring in 'disruptions due to coronavirus' as an additional cover.
A trade body today strongly opposed the Centre's decision to allow 100 per cent foreign direct investment (FDI) in single brand retail through the automatic route.