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HARD TALK: Industry has been keenly awaiting a retail report on policy issues.

HARD TALK: Industry has been keenly awaiting a retail report on policy issues.

Retail report will be out in fortnight: Kamal Nath

The 2-day Hindustan Times Luxury summit started in the Capital on Friday. According to a recent report India is slated to be the third largest market for luxury. But many foreign labels have complained about restrictive government policy. Industry has been keenly awaiting a retail report on policy issues including FDI. Speaking on the issue Commerce Minister Kamal Nath said that the retail report will be out in a fortnight.

U-TURN ON SEZ: The Commerce Ministry now says, Centre can review all special economic zones in Goa.

Centre can review all Goa SEZs: Nath

The Centre vs State tussle on SEZ's in Goa , seems to be going in favour of the state for the time being.

http://www.ibnlive.com/news/centre-can-review-all-goa-sezs-nath/55544-3.html

PRICE HIKE: A parliamentary panel has suggested hike in cess on cement to fund research and development in the sector.

Cement prices may shoot further

An immediate hike in the cement prices may be expected with a parliamentary panel suggesting hiking the cess on cement.

http://www.ibnlive.com/news/cement-prices-may-shoot-further/39818-7.html

TAX BREAK: Commerce Minister announces India exported goods worth $125 billion in 2006-07.

Service tax on all exports scrapped

Measure will help country achieve target of $160 billion in exports in 2007-08.

http://www.ibnlive.com/news/service-tax-on-all-exports-scrapped/38826-15.html

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