Tuesday, 17 May, 2022

Topic: CAIT

E-retail firm Shopee is ‘Chinese, entered India illegally’: Traders’ body wants action from govt

In a letter to Nirmala Sitharaman and Piyush Goyal as well as Competition Commission of India, CAIT alleges Shopee came to India under complex structure to hoodwink govt. 

Traders’ body opposes health ministry ad encouraging online shopping, demands its withdrawal

The Confederation of All India Traders in its letter has said the health ministry ad is against India's more than 8 crore small businesses & can be seen as promoting global online companies.

Traders write to Piyush Goyal, say Modi govt must suspend Amazon for fresh bribery allegations

Traders’ body CAIT says news report about lawyers representing Amazon bribing govt officials is blow to PM Modi’s crackdown on corruption, allegations must be probed by CBI.

Simplify GST, trader body tells PM, says penalty system has brought ‘tax terrorism’ to country

Confederation of All India Traders writes to PM Modi, says GST Council has made GST a complicated tax system, and it violates PM's principle of 'Minimum Government, Maximum Governance'.

Govt asks ED and RBI to take ‘action’ against Amazon, Flipkart for FDI & FEMA ‘violations’

Trade body CAIT says government acting on its complaints against e-commerce giants Amazon and Flipkart but ED yet to register a complaint. 

Trade body wants sedition proceedings against Flipkart for saying Nagaland is ‘outside India’

Although Flipkart apologised for the comment, CAIT has said it will take up the matter with Home Minister Amit Shah, adding this has 'challenged the sovereignty of India'.

Ban or monitor Amazon & Flipkart’s festive sales, they cause tax loss — traders’ body to FM

In a letter to FM Sitharaman, CAIT accuses Amazon & Flipkart of engaging in predatory pricing during festive sales, causing loss of GST and income tax to the government.

Traders’ body opposes BCCI move to retain Chinese firm Vivo as IPL sponsor, writes to Shah

BCCI decision to retain Chinese mobile firm Vivo as its title sponsor was also slammed by the Swadeshi Jagran Manch, an RSS affiliate, Monday.

‘Modi rakhis’ are this year’s trend, design ticks Atmanirbhar Bharat, anti-China boxes

Traders' body CAIT said the Modi rakhis were being made by people who lost their jobs during the Covid pandemic.

Rename India as Bharat to inculcate feeling of nationalism: Traders’ body in letter to Modi

In its letter addressed to PM Narendra Modi, Confederation of All India Traders noted that such a change would not require a constitutional amendment.

On Camera


Pakistan Prime Minister-elect Shehbaz Sharif on 7 April | Photographer: Aamir Qureshi/AFP/Getty Images via Bloomberg

The four-point plan to revive Pakistan’s economy—from land reform to real estate

Pakistan must reduce non-productive expenditures like defence. The country's political economy has been overdetermined by the imperative of 'national security'.

Bad timing could hamper LIC IPO

Most early public enterprise IPOs have been trading 75% below their original price, small investors concerned.


Representational image of army personnel in Ladakh | ANI

India ‘doesn’t foresee’ border fighting with China, but ‘won’t back down’ if tensions reignite

Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.