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Tag: E commerce sector

Economy

CCI Releases ‘Market Study on E-commerce in India’

January 9, 2020January 9, 2020 - by Abdul

News:The Competition Commission of India(CCI) has released a Report titled ‘Market Study on E-commerce in India: Key Findings and Observations’. Facts: Key takeaways from the study: The E-Commerce Sector was …

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Economy

Audit for FDI norms must for e-com firms

December 7, 2019December 7, 2019 - by Abdul

News:The government has issued new rules that makes it compulsory for e-commerce companies with foreign investments to submit an audit report every year. Facts: About the new rules: The rules …

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Economy

Compliance of FDI norms: RBI to unveil report submission mechanism soon

July 16, 2019July 16, 2019 - by Abdul

The Reserve Bank of India(RBI) is expected to come up with a mechanism for e-commerce marketplaces to submit their reports proving compliance with the FDI guidelines. According to the FDI …

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Economy

DPIIT to soon float draft national retail policy to seek stakeholders’ views

July 15, 2019July 15, 2019 - by Abdul

The Department for Promotion of Industry and Internal Trade(DPIIT) will soon introduce draft national retail policy.The policy is aimed at promoting growth of 65 million small traders. The main elements …

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Economy

Won’t allow FDI in multi-brand retail, predatory pricing: Goyal

June 20, 2019July 4, 2019 - by Abdul

Commerce and industry minister has said that the government would not allow multi-brand retail trade by foreign e-commerce companies. In 2018,Department for Promotion of Industry and Internal Trade (DPIIT) had …

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Economy

E-com firms take up data localisation issues with Goyal

June 19, 2019July 4, 2019 - by Abdul

Recently,Commerce minister has met industry stakeholders on e-Commerce and data localisation issue. During the meeting,the industry raised concerns around data localisation rules which requires storing of customer data exclusively in …

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Economy

Lesser clicks, a boon for bricks

March 25, 2019March 25, 2019 - by Abdul

The Department of Industrial Policy & Promotion new rules on the foreign direct investment (FDI) policy for e-retail has benefitted the offline retailers also known as brick and mortar (B&M) …

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