Topic: Retail

FIRSTAP – India’s First Sticker-based Debit Card

IDFC First Bank, in association with the National Payments Corporation of India (NPCI), recently launched FIRSTAP – India’s first sticker-based debit card. What is a sticker-based debit card?...

November 24, 2022    Economy & Banking Current Affairs

Kisan Sabha Application developed by CSIR launched

On May 1, 2020, the Council of Scientific and Industrial Research-Central Road Research Institute (CSIR-CRRI) launched Kisan Sabha Application. The application was launched to connect farmers to freight...

May 2, 2020

Common Service Centres of GoI to take over E-Commerce in rural areas

On April 29, 2020, the Government of India announced that the Common Service Centres will now take over village level online retail chain. The step is expected to...

April 29, 2020

Punjab & Sind Bank Cen-MARG Hub for Retail and MSME Loans

The Punjab & Sind Bank Cen-MARG (Centralised MSME and Retail Group) Hub is an institutional initiative established by Punjab & Sind Bank, a leading public sector bank headquartered...

July 8, 2019

India launches third IT corridor in China

India has launched its third IT corridor in China. The corridor will facilitate partnerships between Indian and Chinese companies. National Association of Software and Services Companies (NASSCOM) entered...

March 10, 2019

RBI launchs a ‘Survey on Retail Payment Habits of Individuals (SRPHi)’

The Reserve Bank of India (RBI) has launched a ‘Survey on Retail Payment Habits of Individuals (SRPHi)’ to capture payment habits of individuals in six cities, including four...

December 29, 2018

Ramesh Abhishek to head panel of secretaries to look into issues raised on some proposals of draft e-commerce policy

The Government of India (GoI) has set up a group of secretaries to look into the issues raised on some proposals of the draft e-commerce policy. The group...

September 12, 2018

Union Cabinet permits 51% FDI in multi-brand retail and 49% FDI in Aviation

Cabinet allowed 51% FDI in multi-brand retail and also 49% FDI in the aviation domain. But the Govt left it to the state governments to allow establishment of...

September 15, 2012

IKEA plans invest Rs 10,500 crore to set up 25 stores in India

Swedish IKEA, the world’s largest furniture manufacturer, has plans to invest about Rs 10,500 crore to establish 25 stores in single-brand retail in India. This will be the...

June 25, 2012

FDI in Multi-brand Retail- Background and arguments

Up till now, the successive Governments in India have kept denying the Foreign Direct Investment (FDI) in multi-brand Indian retail. So, foreign groups have been forbidden from any...

January 9, 2012