INDIAN TRADERS' QUIT INDIA TIRADE AGAINST CHINESE GOODS

• The Confederation of all India Traders initiated the 'China Quit India' crusade to forego Chinese products, while its individuals held fights across 600 places the nation over.
• The broker's consortium said there is a critical need to check China's ongoing strides in India and i...

CHINA SUFFERED A LOSS OF RS 4,000 CRORE THIS RAKSHA BANDHAN SAYS CAIT

Highlights

• Every goods worth Rs 6,000 crore were sold during the festival of Rakhi in which China alone contributes about Rs 4,000 crore said CAIT

• The violent clashes at the Galwan Valley on June 15 led to anti-China movement across the country

• T...

COVID-19 IMPACT: INDIA’S RETAIL SUFFERED BUSINESS LOSS OF RS 15.5 LAKH CRORE SAYS CAIT

Highlights

• The CAIT said the traders across the country are depressed due to declined demand and lack of funds to meet multiple financial obligations

• In its statement, CAIT also said no support policy from the governments is also affecting the traders

&...

NO HOTELS, GUESTHOUSES FOR CHINESE PEOPLE IN DELHI: DHRUVA

Highlights

• The Confederation of All India Traders (CAIT) has urged all the traders and service providers to boycott China

• Dhruva’s general secretary said from now onwards no Chinese people will be allowed accommodation in nearly 3,000 budget hotels and gues...

‘BOYCOTT CHINESE GOODS’ SAYS CONFEDERATION OF ALL INDIA TRADERS (CAIT)

Highlights

• CAIT has listed nearly 450 imported items that need to be boycotted

• At present, India imports products worth Rs 5.25 lakh crore or $70 billion from China

• CAIT plans to bring this figure down to Rs 1 lakh crore or $13 billion by Decembe...

41 PERCENT INDIANS TO SHOP LESS AFTER COVID-19 CRISIS

Highlights

• Majority of the consumers staying in tier II and tier III cities are intending to visit retail stores in next three to six months

• According to the survey, 60 percent women are in the favour of shopping online

• Nearly 52 percent people a...

RETAILERS AND SMALL BUSINESSES ARE ELIGIBLE FOR EMERGENCY CREDIT

Highlights

• All the assistance under this scheme will be sent in the form of additional working capital through a term loan facility for the eligible MSMEs and businesses

• As per CAIT, retailers and small businesses lost business worth Rs 9 lakh crore, while the Ce...

INDIA’S RETAIL TRADE LOST BUSINESS WORTH RS 9 LAKH CR IN LAST TWO MONTHS

Highlights

• Both the Central and state governments lost Rs 1.5 lakh crore on the account of GST

• Only 8 percent workforce could resume their duties as nearly 80 percent of employees have migrated to their native places  

According to the stateme...

India- No investment but finance for promotions: CAIT take on the investment of $ 1 billion by Amazon

At times during the regular operations of the business, the owner realizes that the business could do much better than the present if collaboration is made with some other business. This collaboration of different businesses at times does wonders for both the partners. Joint ventures or partnersh...

CAIT charged Amazon leader Jeff Bezos USD 1 billion investment is "promotional funding" for Amazon India

Traders ' body CAIT on Wednesday charged that Amazon leader Jeff Bezos ' USD 1 billion investment is "promotional funding" for Amazon India to destroy retail trade and promote predatory pricing and deep discounting.

Confederation of All India Traders (...

Wildfire doubled the greenhouse gas emissions from Scotland

A massive wildfire in the far north of the peatland in May doubled the greenhouse gas emissions from Scotland for the six days it burned, a study estimated.

In the Flow Region, which extends through Caithness and Sutherland, some 22 square miles (5,700 hectares) of blanket bog are affec...