The Centre is monitoring whether e-commerce platforms are passing on GST rate cut benefits on FMCG items. Field officers will submit the first report by September 30. The revised GST structure is expected to lower prices for 99 per cent of daily-use goods
India’s e-commerce market is projected to grow from $30 billion in 2020 to $300 billion by 2030, fueled by internet access, policy support, and rising consumer aspirations. Q-commerce, D2C brands, content platforms, and UPI microtransactions are reshaping the digital economy.
Gold continues to dominate the market with an 86 per cent share, but lab-grown diamonds (LGDs) are emerging as a powerful growth catalyst, said the report by 1Lattice
Kamra posted on X that owners of e-commerce platforms exploit gig workers and aren’t job creators. They don’t have a bone of creativity or innovation all they do is exploit people
He said that fashion and beauty are seeing a huge demand while mobile phones, electronics, and home and kitchen appliances have been the all-time favourite choices of customers.
Amazon reportedly deployed a secret algorithm to gauge how much it could raise prices on its platform which allegedly helped the company increase its profits