Chamber of Trade and Industry (CTI)
Chamber of Trade and Industry (CTI) says Delhi protests cut market business around 70% over three days (Business Today, 9 Oct), with chairman Brijesh Goyal putting the loss at ₹2,000 crore, a figure unverified (India Today, 13 Oct). Traders fear the hit lingers into Navratri and Diwali, a month away (India Today).
What it means Delhi retailers and landlords in Connaught Place and Janpath face weaker footfall just before the festive season.
Latest moves
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Background
From 5 stories, the newest dated 9 Oct 2026. Summary written 9 Oct 2026. Newer developments are under Latest moves.
Chamber of Trade and Industry (CTI) is a Delhi-based trade body that speaks for traders and retailers.[1] source: Business Today[2] source: Business Today
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It says it wants to protect around 15 lakh traders in Delhi.[3] source: Business Today It has taken public positions on payments pricing, festive-season market access and gold demand.[3] source: Business Today[2] source: Business Today[4] source: Business Today
In October 2026, CTI claimed business in Delhi markets fell around 70 per cent in three days because of protest disruption. It said shoppers visiting from outside Delhi dropped from an estimated two to three lakh daily to around 40,000-50,000, and it sought curbs from Navratri to Diwali.[3] source: Business Today In July 2026, CTI said business activity at Connaught Place fell about 70% over three days, citing metro closures and traffic curbs. 16 metro stations were closed at the time.[5] source: Business Today
In September 2026, CTI called for a nationwide No UPI Day on 2 October against a proposed MDR on UPI merchant payments above ₹2,000 from 15 October.[1] source: Business Today It urged the government to roll back the proposed 0.4% MDR and warned of pressure on 6 crore traders.[2] source: Business Today The reported maximum MDR is ₹300 per transaction.[2] source: Business Today Also in September 2026, CTI estimated that annual gold consumption could decline from about 800 tonnes to 500 tonnes.[4] source: Business Today
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In October 2026, CTI claimed business in Delhi markets fell around 70 per cent in three days. It said daily outside-Delhi shoppers dropped from two to three lakh to around 40,000-50,000, and it sought Navratri-to-Diwali curbs on protests.[3] source: Business Today
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