The real estate market is doing well what with high rentals for commercial properties, for instance. However, that also means it's difficult for those renting space in high-end malls, to turn a profit. So, what's the way out? Here’s a typical scene in a mall in India. A family out in full strength gazing at the big brands and the experiencing the retail rush but look a little closer and you will notice that very few are actually buying anything.
Reliance and Bharti have demanded better infrastructure from the govt.
http://www.ibnlive.com/news/retail-players-set-to-get-rs-10crore-grant-from-govt/54383-7.html
Traders and wholesalers shut shops across the state.
http://www.ibnlive.com/news/maharashtra-shuts-shop-as-rage-over-retail-rises/50270-7.html
LDF is making it clear that Reliance Retail is not welcome in Kerala.
http://www.ibnlive.com/news/after-munnar-kerala-govt-trains-its-guns-on-reliance/44077-7.html
Government has asked the Indian Council for Research on International Economic Relations to study the issue.
http://www.ibnlive.com/news/congress-struggling-with-retail-fdi/34998-3.html
Industry watcher Technopak predicts the size of modern retail trade will be $60 bn to $75 bn by 2010.
http://www.ibnlive.com/news/retail-sector-on-the-trot/21042-7.html
Government had received applications from three overseas firms for single brand retailing in India.
http://www.ibnlive.com/news/govt-to-allow-fdi-in-retail-gradually/11603-7.html
Concerned over volatility in the stock market, CPI(M) today demanded re-introduction of long-term capital gains tax.
http://www.ibnlive.com/news/cpim-for-longterm-capital-gains-tax/10902-4.html
The CPI-M has asked PM Manmohan Singh to take the party into confidence before issuing public statements on economic issues.
http://www.ibnlive.com/news/cpim-opposes-fdi-in-retail-sector/2324-7.html
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