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CAIT
CAIT News
Ayodhya Ram Mandir
24 Jan 2024
Ram Mandir Pran Pratishtha: Rs 1.25 Lac Cr Revenue Generated; Big Boost To Biz
The Pran Pratishtha ceremony for Lord Ram in Ayodhya was held on January 22, that gave a major boost to small businesses.
Amazon
22 Jan 2024
Amazon Withdraws 'Shri Ram Mandir Ayodhya Prasad' Sweets
After receiving a notice from the Central Consumer Protection Authority(CCPA) sweets marketed as 'Shri Ram Mandir Ayodhya Prasad' has been removed from Amazon.
CAIT
04 Oct 2023
CAIT Files Complaint Against Flipkart, Amitabh Bachchan For 'Misleading' Ad
Last week, CAIT called out the advertisement with Bachchan promoting Flipkart's upcoming Big Billion Day sale and telling consumers that deals on mobiles won't be available offline at retail stores. The Big Billion Days sale is slated to take place from October 8-15.
Independence Day 2022
16 Aug 2022
PM Modi's Har Ghar Tiranga campaign generates business of Rs 500 crore
The sale of more than 30 crore tricolours generated a revenue of Rs 500 cr. CAIT officials said that over 3000 Tiranga events were organised nationwide. The movement has demonstrated the capacity & capabilities of an Indian businessmen.
Confederation of All India Traders
29 Jan 2022
CAIT moves to CCI against 'Chinese' firm Shopee for hurting Indian SMEs
CAIT alleged that Shopee violated the Competition Act. CAIT Chairman Praveen Khandelwal said that Shopee is offering hefty discounts. Shopee offers products on its website at Re 1, Rs 9, Rs 49 etc.
GST
27 Dec 2021
Defer GST rate hike on textiles, footwear: CAIT to FM
The proposal is to increase the rate of tax from 5 per cent to 12 per cent on textiles and footwear. According to CAIT, there was no tax on textile or fabrics for a number of years. The letter also asked for an extension of income tax return filing date.
Amazon
15 Nov 2021
Amazon investigates use of platform for sourcing marijuana
The accused were operating the racket through a leading e-commerce firm, which received two-thirds of the profits generated, as per the official. Evidence is being collected to see if it could be prosecuted for providing a platform for such drug transactions, the official added. It is a serious threat to the security of the country in view of the fact that likewise even illegal arms or other illegal activities can also be conducted, CAIT added.
Battlegrounds Mobile India
20 Jun 2021
CAIT urges IT minister Ravi Shankar Prasad to ban Battlegrounds Mobile India
As Krafton might take some time to roll out Battlegrounds Mobile India for everyone, the game has already got embroiled in controversy as people are demanding a ban on the PUBG Mobile India avatar. It has further advised Google not to make use of its Google Play store platform. Battlegrounds Mobile India, which is almost a repackaged version of PUBG Mobile comes with several features that are quite similar to the banned game in India.
delhi unlock
06 Jun 2021
Odd-even formula never suits business: Traders’ body writes to Delhi govt
The domestic traders body CAIT in its letter welcomed the Delhi government’s decision to unlock the city but opposed the idea of odd-even formula. CAIT in its letter stated that the odd-even formula has never suited for the business character of Delhi.
Gold
14 May 2021
Gold, jewellery trade suffers Rs 10,000 Cr loss on Akshay Tritiya, claims CAIT
The occasion, which usually falls in the Summer season, has forced jewellers into losses. There are around 4 lakh gold and jewellery traders. Gold traders and jewellers have lost additional business.
COVID-19
09 May 2021
Delhi lockdown to be extended? CM Kejriwal likely to take decision today
Delhi CM Arvind Kejriwal is likely to take a final decision on the extension of the COVID-19 lockdown today. The current imposed lockdown will end at 5 AM on Monday. 65 percent of Delhi's traders favour increasing (extending) the lockdown in Delhi.
COVID-19
16 Apr 2021
Impose 10-day complete COVID lockdown in Delhi: Traders' Body urges Kejriwal
Confederation Of All India Traders (CAIT) urged the AAP-led government to impose complete lockdown in the national capital for the upcoming 10 days. CAIT also added those individuals who are engaged in essential services should get e-passes on time. "If necessary, the traders can also call for closing their shops," said CAIT Secretary General.
CAIT
11 Apr 2021
CAIT urges PM Modi to not impose lockdowns, offers alternate solution
CAIT urges PM Modi to implement staggered work timings instead of lockdowns The sudden hike in COVID-19 cases have forced state governments to impose restrictions
Bharat Bandh
26 Feb 2021
Bharat Bandh today: 8 cr traders to protest against GST, fuel price hike
The Indian traders' body CAIT has called a nationwide shutdown 'Bharat Bandh' today All commercial establishments will remain closed Over 8 crore traders will protest against GST, fuel price hike
Bharat Bandh
25 Feb 2021
Bharat Bandh on Feb 26: 8 cr traders to protest against GST, fuel price hike
Over 8 crore traders will protest against GST, fuel price hike on Feb 26 The Indian traders' body CAIT has called a Bharat Bandh on Feb 26 All commercial markets across the country will remain closed on February 26.
Bharat Bandh
19 Feb 2021
Bharat Bandh: CAIT threatens 'Chakka Jam' on February 26
The CAIT also called for a review of the GST system and its tax slabs to simplify and rationalise it for easier compliance by traders CAIT Secretary-General Praveen Khandelwal said it is also talking to the government on this issue All India Transporters Welfare Association will also support CAIT's Bharat Bandh call and hold a 'Chakka Jam' on February 26
CAIT
07 Dec 2020
CAIT: Markets in India to remain open tomorrow
CAIT announced that Markets in India to remain open tomorrow. Watch this video to know more.
Confederation of All India Traders
15 Nov 2020
Traders did record business on Diwali; these products were most purchased
The robust sales gave China an expected loss of Rs 40,000 crore. "People didn't purchase anything in the last eight months except essentials. Hence people had enough surplus money, and a portion was spent on Diwali festivities," said CAIT.
CAIT
15 Nov 2020
Amid boycott of Chinese products, traders record Rs 72,000 cr sales on Diwali
Amid boycott of Chinese products, traders record 72,000 crore sales on Diwali: CAIT The business was carried on during this year's Diwali with no Chinese goods on sale. The CAIT said that the robust sale indicates good business prospects in future.
Rakhi
02 Aug 2020
India-made Rakhis this year cause China losses worth Rs 4,000 crore
An estimate of around 50 crore rakhis are sold every year at about Rs 6000 crores and for the past many years around Rs 4000 crore worth China-made Rakhis were being imported. A variety of new-designer Rakhis were made from Indian goods, this year not a single rakhi was imported from China. With this India has broken the myth that it cannot successfully boycott Chinese goods.
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