RCEP: Industry, traders & farmers welcome India’s decision

The country’s leading milk supplier Amul described the move as “landmark”. Prime Minister Narendra Modi in Bangkok said India will not join China-backed RCEP deal as negotiations failed to satisfactorily address New Delhi’s “outstanding issues and concerns”. He made the announcement during his speech at the RCEP Summit here, which was attended by several world leaders, including Chinese Premier Li Keqiang. Continue Reading

CAIT demands enquiry by govt to probe e-commerce cos, banks

Traders’ body CAIT demanded a high-level enquiry by the Centre to probe the “unholy nexus” of e-commerce firms, companies owning brands and banks for causing price distortion in the country’s e-commerce market. Continue Reading