The new Act will introduce product-liability legislation and regulate online players more stringently
Instead of mandating e-commerce firms to declare the country of origin of products they hawk, the effort should be to help them bounce back
The companies have been told to come back for the next meeting in about two weeks and provide suggestions and provide information about the challenges they may face to implement the said feature
Pricing - a prime complaint of domestic retailers - is set to be the focus, with the government considering an annual review of discounts given by e-marketplaces.
Once regarded as cheap me-too products, the lockdown has changed how customers engage with private labels. Will the trend outlast the pandemic?
Recent decisions in the wake of Covid-19 have hurt India's FDI policy
One should worry, of course, about what this is doing to one small business sector in particular that was already under stress: Bookshops
The norms earlier allowed them to operate without any restriction on their working hours from April 20, provided they ensured strict social distancing.
They're dialling 700-plus district administrations to organise curfew passes as coronavirus spreads across the country
Bigbasket sent out a message to customers that deliveries could not be processed because of restrictions imposed by local authorities on movement of goods
Flipkart said while it does not control prices of products on its marketplace platform, it is working closely with sellers to urge responsible pricing and behaviour
Agarwalwas speaking at 14th India Digital Summit organised by Internet and Mobile Association of India (IAMAI)
Confederation of All India Traders alleged Amazon and Flipkart were violating the foreign investment rules
According to the notification by the finance ministry, e-commerce companies have to obtain statutory auditor report by September-end for the preceding financial year
The Reserve Bank of India (RBI) administers the FEMA and Directorate of Enforcement is the authority for the enforcement of the act
Global economic outlook is facing grave challenges amidst growing protectionism and rising trade tensions, said Piyush Goyal
India jumped 14 ranks to 63rd position in the World Bank's "Doing Business" list released last month and was also among the top 10 progress making countries
The government needs to focus on increasing the revenue on GST and help the retailers achieve a good margin.
New Delhi/Bengaluru, 28 October Being allowed Predatory discounting and a conducive business environment are not the same thing, the central government plans to make clear to digital commerce entities. In the e-commerce policy it is preparing, this point will be underlined, say sources in the commerce ministry.'Deep' discounting has been a constant complaint of traders and offline (traditional) selling entities. "E-commerce players keep saying that the business environment needs to improve; it should be more open, so that more foreign investment comes in. Butm when you do a deep dive, their main bone of contention is around the discounts and sales they hold, and the protests around it. These two things are completely different and in the e-commerce policy, we will make this clear. We, under no circumstances, will allow or condone predatory pricing," said a senior in the ministry.The policy is, after delays, likely to be ready only next year. The policy might not only limit the ...
Based on India's existing free-trade agreement (FTA) with Asean, the RCEP will include all the nations with which the 10-nation bloc has trade deals